RGX
Should rocket today - WiseOwl research released stating 1.3c pre-consolidation value or 32c post the IPO. Consolidation set at 0.008 for a few weeks, DJ's raising so can't see volume under that lasting long, especially if they underwrite it !
BSM
Well worth a look. Consmineral a Singaporean Manganese player set for 13% of the company at a premium 0.005. Someone bought 30M shares off the major overhang also yesterday off market. If it is Consminerals they are over 20%+. So in 2 days someone has picked up over 20% of the company and kicked in $350K+ at a premium.
BSM have court ordered mediation with Liongold anyday now for that $13M+ they are chasing. My guess is they bought backers in confident of a settlement or partial one. Even a few $M would be 2-3c backing. The full settlement would make it a 13-15 bagger
Either way they now have over $500K cash + reimbursements to come + a potential huge settlement and new backers set at 0.005
- Forums
- ASX - Day Trading
- Day Trading Oct 30 Pre-market
Day Trading Oct 30 Pre-market, page-3
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)