Pure punt here people, but for the first time in a VERY long time, volumes have been high and the price has risen, as opposed to what as usually happened with this stock.
I have been in this for years, though on a small scale the past 3 years after making some good coin in its early days.
SP reaction appears to be as a result of some FA news re Holcim, and while this is running on the smell of an oily rag, some resolution to property sales and consequent debt reduction, along with increases sales to Holcim and years of testing of their product, unlike most competitors, I think we could be in for a meteroic rise on some further good news, which is of course FA not TA,. But the TA tells me some are getting set here in anticipation and that spike is a canary in a coal mine, though clearly that's probably not the best analogy for a stock on its knees !
I suspect a buyout comes around, and from these levels, there will be good , if not great returns.
But I cannot stress enough, this is a PUNT. Risk does not get higher!
