Neil: 'I would have thought a rise to around 25-30c would have been more realistic (given it was undervalued previously at 13c (I feel it was worth 20c) and this ann added several cents value.
The news has to be pretty good to get this back to 35c, though if it is sensational who knows where it will go'.
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Me: I think the oppies may well stick around the price they're at or better. I interpreted the big surge as saying pretty emphatically 'ok - this co is now a different animal lot stronger proposition all round than before'. That's why I bought more yesterday. If it was all pump and dump I think the dump would have been greater yesterday. Not really bothered by the director selling as it was only ten percent or so of what he had.
Still it's all kind of precarious right now either way.
k-tel.
director sold 1 million shares last friday, page-28
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