that's nice - bang!, page-85

Hi vulture,
Expect the next spike Monday or Tuesday, bought some more today.
MD is currently thinning out on the sell side, indicating seller exhaustion.


The recent overseas trip might have brought forward some favourable news with DFT not being far off, original statement put completion for Oct, revised to a broader estimate by the end of the year ( I see this as a general guideline rather than a concrete deadline, in light of recent events of management promising funds to come forward at particular times which did not eventuate and wanting to play it safe ), which translates to a possible date early Nov, in my opinion.

Within this scenario, I still expect news before AGM and the shareholder approval for the Monash funds to be a mere formality.


I'm sure you keep a close eye on the accumulation procedure around 1- 1.1 cent.
During today's session 1 cents was kept at low levels but was stacked on the buy side at close, similar trading preceeded last spike.


Have a great weekend !