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End of day 7/4

  1. 715 Posts.
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    Ok, so for holders it clearly wasn't the end that we were looking for. I was hoping a bounce back to 7c+ would happen on the close but it went the other way. As previously mentioned we have had an increase of over 80% since the bell on Friday, yes OVER 80%. And with expected news on the way, you can't look at that as anything but positive. Yes, inexperienced investors may have got burnt yesterday buying at the top but that's just the way the cookie crumbles. We are very reliant on news as it stands and although there are genuine risks attached (is this purely a p&d? is the production level enough to constitute something worthwhile? Is testing going to come back as we hope?), we have to remember this has a tiny MC and definite potential in the current world market.

    It may all fall like a house of cards, hey CBA could do the same with the way of the economic world at the moment - but feel there is enough upside to this at current levels to create a multi bagger from this point.

    Plummer
 
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