time for ann, page-105

Thanks Kiwi.

I do understand that trading/investing approach and I often use it.

Seems like a slightly different story here though. My concern as I outlined in my previous post is that based on the abundant chatter here, the general market seems to think there is a 100% chance of success and if that's the case, circa 1.1c is all its worth. Hate to think what we'd drop to if it comes in as anything else.

Gassed suggests the market is factoring in a failure and hence the low share price but I'm afraid I disagree.



Also Kiwi, do you buy into Dazza's view with these 2 posts?


"whats happening theres a lot of shares spread out to individuals who are now selling them to one person or group which tells me by the time this well blows we will have a new owner..if I see them holding it back just for that individual to purchase the controlling amount of shares I'm not going to be happy.
I am right and you need to start listening to me."

"watch a lot of shares get bought Monday morning..he's reeling them in"



If so, looks like Monday we should all be buying with our ears pinned back.

Keen to again here your thoughts.