Guys, don't throw your hands int he air and panic whenever there is a rest in the rise of the share price, especially when we have had such a stellar rise in the last week.
Look at it this way, had you bought just before the trading halt, the SP was between 13-17c - at todays prices you would have doubled and then some on your orignial stake. Had you bought just after the announcment, you could have bought for low-mid 20's, and made a good 50% in 2 days.
My point being, ppl will always take profits, especially day traders. The underlying facts have not changed. There is still an expectation of increasing resource estimates in the short-term which will drive the price further north than what we have seen today.
IMO, this will not fall back to low 20's (unless further updates are delayed and market gets concerned). Possibly mid to high 20's for a good buying opportunity.
Time will tell.... Cheers
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
