You call any new and prospective stock under 1-2c to halve based on nothing, and lay the boot into many others
You called LMR to 2c on the back of announcing a 20M buy back
You called NXR to 0.5-1c and it went to 8c
You called BGS to 0.4c it went to 4c
Getting the picture here ?
The ones you talk down are multibaggers
I noticed this thread is also completely misleading. You stated "what little cash they have". Some would consider $2M if that is the up to date figure to more than enough, considering the acquisition is likely for scrip
Again you also ignore the fact new management are likely, given control of the shell has shifted - I pointed this out to you in another thread, perhaps that's why you conveniently left it out here ?
Likewise how I said the broker trades. There is 1 main seller if you bothered to check. Likely the party who gave up control and is exiting
Seriously don't understand how when they just raised at 1c, you have the cheek to call it to 0.3c on nothing, suggest they don't have cash and completely ignore that the combined averages of all raises all year is actually 0.8c+
Well done on calling a 2 pip drop. I'm going to call a 5-10 pip rally on acquisition news alone
Perhaps in future stick to facts and not whispy comments like "little cash"
DUO Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held