ORG looks positioned for a very quick run back to $5. Surprised the market smashed it so badly when all that information was public - punters need to be told it's okay obviously. Their utilities business looks tidy and they have sufficient hedging to ride out the oil "rout"
Very surprised NXM closed flat - rang and spoke with the company who said there is a few bits of news and promotion in the next few days. With only 70M shares on issue, $6M cash and high grade gold from surface that is open in multiple directions, it still traded under cash backing !It should have hammered to 10-14c
Nothing more than lack of promotion, judging by the mere 1.2M of volume. If it was a 1c stock with a next mining boom email, it probably would have doubled or tripled. 8c stock and punters left to do their own research = too hard
See if the lemmings realise value once the broker report in a few days tells them
