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Check the UK chart Punters.Even though they have only reached Oz...

  1. 13,575 Posts.
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    Check the UK chart Punters.Even though they have only reached Oz equivalent in price they have moved through their previous high,perhaps a portent of whats to come for the ASX.

    Btw imo if we get a confirmed offtake at $1.50+/lb the market will be all over Aim,moreso than yesterday,and with the accumulation at 30-35c it has only one way to move on a forced volume,unless its a nasty offtake.Add JPM into the mix and one would find it hard to contemplate the offtake nubers to the wrong side.

    NB its still a possibility though that cant be discounted!

    d.
 
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