ROB 0.00% 0.4¢ robe australia limited

Timbo,LOL. Seems like you got your heart from people adding you...

  1. 982 Posts.
    Timbo,

    LOL. Seems like you got your heart from people adding you to down thumb you and give you lip.

    IMO, you've been honest with your calls, even though at times you can be as enthuastic as Darryl Eastlake.

    I started accumulating from 1.6c and down. At a retrace of 61.8%, it was a fair bet to enter. Happy with my 1.2c average now, even though at one stage, my portfolio showed a 50% loss. Volume has been so small, it's nothing to worry about.

    ROB will come good. Not if, just when. Time is close. Month at the maximum, but I think we've bottomed out already.

    Here's a weekly chart. People can decide for themselves.

    Market Capital is $3.2m ATM. If they raise the $2m @ 2c, that's only an extra 100m shares. With then only 560m shares on offer, even at 5.6c, that's a MC of 31m.

    Considering AVB and VOR ran to 150m MC, this looks like a great bet from these levels.

 
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