by chart it COULD be that the Gap closing yesterday[whenever] by hitting 42 has "bottomed" CFU out. For Now.
What we need is Buying Pressure.By FRESH MEAT not doubling Downers.That's why I'm peeved by this Placement to Institutions.Has it satisfied this segment of Fresh Meat? It should have been made on a Basis that Placement Getters were expected to buy more,Average Up this initial "gift".
Now surely your UK reports don't seem to indicate these institutions Sold Down,reweighted down to the 42cent price and I really wonder IF the AIM has the Mechanism for Solid Accumulating by these "New Institutional Investors" if they are New that is.I just don't approve of Market Makers as a system. So what's it all mean? Look for some solid ASX Buying Action,Volume that takes CFU to say about 50cents and then consider IF you want to buy more BUT realise that the "disgruntled" shareholders like say ctindale MAY take an Opportunity to Sell Out into Strength/Price Improvement.Why?it's this years to go til production palaver Let alone the real Risk CFU Fails.
cheers.
CFU Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
