Technical update, page-5

Good to see it hit and close at integer $4
No fractions for Santos
Look at the Santos chart
Full of candlestick features
Watch out for the "Hammer"

Next month is anniversary of last CR at $3.85
On 6/11/15 the close was $5.91
The quants at the house of Santos
Reckoned a 34.9% discount to $3.85 would attract the masses
Well only 57% of retail shares were taken up
Many holders didn't want to throw $3.85 down the hole
Those who held back actually got some $ when their entitlement was sold
To sophisticates at $4.10
Been a rough ride but the $3.85 invested is now covered
The sophisticates and Hony will have to wait a while

You wonder if the same quants
Are now preparing for another CR
Need the share price to get up
For the sake of credibility
$5.91 was a year ago
Seems so far away from $4

Maybe they think that we will bite at $3
Means they need the close to be $4.60
To show the "SALE - 34.9% off" sign

Watch the charts