XAO 0.33% 8,214.8 all ordinaries

STTCOMP IBN TA Long. Property sales.. SOI 2.1bil Cash = $2.4m...

  1. 10,072 Posts.
    lightbulb Created with Sketch. 630
    STTCOMP IBN TA Long.

    Property sales..
    SOI 2.1bil
    Cash =  $2.4m roughly...
    MC = $10.55m

    Massive volume spike few months back... Since than raised 242m shares at 005 since the 3b supply has been tiny so im thinking the mob behind the cr are tight holders.... As we can see closed the gap on the left and now basing which im hoping trends sideways for a few more weeks on low volume/accumulation before the news (liquidity event) ... Not much to say about this chart its just a matter of  what the next volume signature does and where it goes ... And yes i bought in 005 and some 006 ...


    IBN.PNG

    Investor presso worth a read https://hotcopper.com.au/threads/ann-investor-presentation.4099687/#.Wt2_yYhubAQ


    Dyor this is not advice or a buy recommendation...

    TS
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.