Pure Speculation. Just personal gut feeling ,no charts but using some history .
Does anyone think that no information is leaked prior to official announcement?
What ever is leaked behind the scene I DON T know,but someone would know before i do..
The big boys would have contingencies in place and, plans ready to be executed at one minute notice.
I suspect that ,if the ann is as positive as most think it would be , then there would be a massive bulk buy. Retailers would follow at higher price..
For a start ,I use the ,
? The Institutional Placement was priced at A$2.07 per share ?.the placement was oversubscribed in a short time. We have not seen massive sell from the substantial holders .
Fundamentals have not changed. In fact price for rare earth has risen since last placement.
With this in my mind ,I can`t afford to play the game buying and selling. Hate to be caught out at this point . Holding long term my choice.
If the announcement is negative, then waiting time would be my loss.
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Open | High | Low | Value | Volume |
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---|---|---|
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5 | 21873 | 7.750 |
2 | 19149 | 7.740 |
2 | 17907 | 7.730 |
1 | 11495 | 7.720 |
Price($) | Vol. | No. |
---|---|---|
7.780 | 14225 | 2 |
7.800 | 10000 | 1 |
7.810 | 26200 | 2 |
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