GOT groote resources limited

Top notch reply Retrac.On the whole, im actually reasonably...

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    Top notch reply Retrac.

    On the whole, im actually reasonably comfortable with how GOT has traded over the last week. Given the share price has gone up over 1000% in the past 6 months, for it to still be sitting in the 60 - 70 cent range is still quite impressive. It could have easily been dumped and completely sold down to placement-price levels, given that so many placement holders (at 10c) would be still sitting on a large parcel of shares.

    Its shown strong resilience during very tough times in the market. Although i dont think this correction has fully run its course (the market today looks like its proving me wrong), i dont think there could be too much more downside - especially on overseas markets where the bad news is almost fully priced in.

    Wont be long now till the brave holders reap their rewards.
 
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