STB south boulder mines ltd

crashing back to earth, page-5

  1. 3,134 Posts.
    The SP has been driven down by:
    a) tax loss selling,
    b) poor market sentiment,
    c) increasing number of potash plays, and
    d) high AUD deterring potential overseas investors.

    Pressure from (a) will disappear by the end of this month. Market sentiment should recover, always does. JORC upgrade is imminent, and STB will prove to be a standout potash play. Time will help people get use to the high AUD.

    All points to a SP recovery in 2-3 weeks time. Meanwhile, holders need nerve to hold. Virtual traders need courage to become real. Fence sitters need to consider this buying opportunity may not come around again.

 
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