oppies trade4profit , page-3

balmersdog...

I suspect a few options holders taking advantage of the best volume in quite a while.

These spiked to something like 25c on the first spike...there would be a few stale bulls exiting on this rally, as there would be in the heads.

Value wise, both GUJ and GUJO offer one of the best places to park some funds in the current climate of uncertainty, by virtue of the fact they are...in my opinion...so undervalued it is a joke.

Using INR as a guide...their sister company...GUJ should be closer to 90c on an asset/market cap comparative basis.

But GUJ also have other interests...including near term mineral drilling at Cethana in Tasmania (reduced exposure now however) and arguably a premium on the single asset nature of INR's current business model.

Herein perhaps lies immediate value upside however, as I smell the benefits of a merger (takeover) of sorts between INR and GUJ...reach critical mass, fix liquidity, cash and indeed whack it all under the one banner.

Makes sense...so it will probably happen at some point...hard to say when however.

One of my top picks on the market...both for upside and stability via the underlying value model in the current period...with the bonus of course of near term activity on the minerals front, confirmation of the Elouera acquisition terms, backing from one of India’s largest coal/metals companies...and indeed on the back of a hot sector with supply shortfalls, rising demand, and significant replacement supply limitations.

Further, we have corporate incentive via the recent placement (35c)...which also provides significant cash $10m at a time when the markets are discounting every stock that needs to go to the market near term.

Actually, their financial security is more than assured even beyond this, with the parent underwriting the acquisition of Elouera...worth its weight in gold in the current credit squeeze.

GUJ is not a trader however...it is an investment that may, occasionally, offer trading opportunities...they will be as rare as hens teeth though.

lol

Cheers!