Joe
If there is a lot of interest 3 milliom issued but 7 million subscribed. That means that the institutions want to get on this gravy train. Demand is a beautiful thing. There is still alot of support for the 10c level. With strong sell on 11c. This range for the time being looks like the trend will be the case till the assay is released next week (if that happens). The results from this will provide the imputus for up or down. If the assay is great there could be 4 million reasons for them to come to the party even though they didn't get the invite. Its just a shame the share holders didn't get a bite at the cap (maybe next time). Always the little guy that gets dirt on the face. Its the risk you take with speculating. I have good gut on this one for some reason. I will be thankful if each share is $1 next year when they find the big one. I will be dancing with joy. Fortune favours the bold. Anyway if it goes to 8c might buy a couple more. Let the universe do what it needs. Thats investing.
RB
- Forums
- ASX - By Stock
- could have posted the assay results
JoeIf there is a lot of interest 3 milliom issued but 7 million...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)