Charting RYG - Act 2, page-750

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wisdomofsilence

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26/11/15

14:50

Post #: 16485082
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Originally posted by Graham_1954 ↑

Agree with what you just said. Many of us have said the same thing during this week. I'm happy the SP has held up as well as it has, some predicted a retrace back into the low 4's.
When you consider SP has so far been driven forward on pure speculation that DD will happen. It stands to reason that more cautious investors are lined up ready to jump in once DD is assured. I would imagine that is just the sort of advice Financial Advisors would give clients.
Others have noted in these threads how other tech specs have gone ballistic after DD with far less solid fundamentals.
Look at the product, look at the management, we're on a winner.
I predicted last Sunday that the DD FOMO rally would see us reach 10c, I stand by that I also expect a retrace back to 7c after that and to be sitting at 7c - 8c at Xmas.
This is pure guesswork on my part but there are recent precedents to support the notion.
The announcement may not come until Tuesday IMO as it is only due for completion on 30th which could be right up to COB at 5pm.
It is obvious to observers management of both entities believe it will happen. That's good enough for me.

Sermon over, smoke em if you have em. Good luck.

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There is going to be some serious trading up to COB tomorrow IMO.
Given the Company has said it is aware of the timelines set and intend to stick to them, I would assume an announcement will come out on Monday re DD.
There could very well be a TH Friday arvo or Mon morn...so time is fast running out.

RYG Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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