how low can we go...

  1. 709 Posts.
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    I think we should settle down around the 45 to 50c mark - within a month or two... (At least I hope) here's why:

    1. Jilted lovers are leaving the building.
    2. Many were exiting on the out come of this event- time to go elsewhere.
    3. Still viewed as a spec buy, so new round of shareholders coming in...
    4. New medium to long termers will come in now that it is affordable with some upside.
    5. On a spec buy - targets up around the 90c.... That is attractive at this price..
    6. Eig are going to want their money back and less of a gap with the warrants... Once they deposit the cash in June, they will help with the promotion.
    7. Eig will have a spot on the board....

    Notice of meeting should be out soon, I am confident they will announce the meeting along with (or shortly after) approvals.

    Grown in china expects to accelerate by year end, commodities flavour should come back a little (though gone are the good old days)..

    Getting smashed down further to 20c is possible as some people just want out!!!!!! And we don't have enough buyers....

    Hopefully this whole event ends up as a drama/hiccup along the way to a 4$ SP.... In which case we will look back and wonder what all the fuss was about!!!! Oops am doing it again, it's this thinking that stopped me from selling at various stages above 1.5.....

    At these levels - I still think it is a buy..... Watch takeover chat start after approvals come trough!!!

    Imagine approvals don't come though!!!! or they come with +50m of modifications to design??? Best not to imagine...
 
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