price rise easy to explain ... , page-6

Parrot,

Well done on the summary.

It's a bit lot ground-hog day for us long termers...since 1.6c for me...probably the same with you :)

1. Great price sensative anns

2. Massive accumulation by smart investors, including Asian group headed by Roger Tan.

3. Traders try and scalp

4. Price keeps going up

5. Traders in denial with every stunning move on volume......downramping not working.

6. Massive accumulation keeps on going...

7. BAM ! Traders finally get in at 7 / 8c for their point gain :)

8. Then we here the famous words..."Falling Knife" ....I love it when daytraders come on the scene...it's better than theatre :))

I can't believe "newbies" to RAU are asking "What's causing the price move"....FREAKIN unbelievable :)

Go and read the anns from the last two months !

At 10c it's only capped at $43 million...RAU was one of the most undervalued stocks on the ASX.

....depending on what anns come out in next 3/ 4 weeks, we'll see 20c no probs.

IMO do your own research 'n' all of that!

But to be talking of falling knives when 300 million shares have changed hands at ave price over 8c....go figue.


Would love to see a top 20 list :))


Long and strong since 1.6c.