LEG 0.00% 1.3¢ legend mining limited

thank god its in trading halt, page-20

  1. 15,276 Posts.
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    re: crikey...riceman... Riceman...

    Congratulations, I think that is the first genuine "down-ramp" I have read on the LEG thread recently...LOL

    No offense intended...and you may well be right!

    In my opinion however, not unlike the situation at NDO after Whitby entered the scene, I believe Creasy is having a similar effect on LEG.

    Plenty were "itching" to get out of NDO on it's first run after Whitby joined up, especially after being burnt a year earlier due to the UNOCAL fiasco...and then they were itching to get out again on it's second run...and on it's third run...and so on.

    At some point, the stale bulls get bought out and it is a new ball game!

    I'm sure that LEG will come back to earth at some point, regardless of what happens in the next few days...but if my suspicions are correct, we are witnessing a re-rating, which should ultimately result in the price finding itself a new benchmark.

    The trick is to work out where that might be?

    Cheers!
 
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