Gday All
Just back from a month camping/surfing/diving up in the north west of WA, tried not to check the shares too much but obviously have been monitoring the slow decline in share price. Looked like the classic low volume sell down followed by the pump on the 31st. Unfortunately since then trade war fears are killing resource stocks, we have actually held up pretty well.
Second time that we have bounced off the low 50s, wouldn't want to break that IMO, wouldn't look good technically. A solid day or two to see us back above 70c would look great chart wise.
Strange how the ASX has been hammered this week and the Dow has been going ok. If China and the US can come to a trade deal then resource stocks would make a big recovery IMO.
Sorry for the unorganized kind of pointless post haha, brain just switching back into gear before flying back to work next week.
TMT Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held