thks for the chart kevi.
certainly some solid consolidation taking place. buy side has really maintained appetite over the last trading week while sell side is slowly thinning out, sell queue down below 650k now where last week it was bigger than the buy side.
I also feel that she is going to break soon (all being well with the overall market) with resistance at 160 +/- getting weaker. When she does break I feel there will be another little run coming as holders are becoming more aware and will be happy to hold for the longer term potential and not selling out so fast.
On the topic of AOE bidding for BOW. Can't see this happening as AOE will be better placed spending their cash on exploring what they have (think i read recently that they have only certified 10% of their potential resource)rather than paying top dollor for someone else who has already certified. I hope I am wrong as would be nice to have a bidding war when the time comes to be taken out.
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- solid base and good aoe announcement
thks for the chart kevi.certainly some solid consolidation...
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