In the latest quarterly report released by LSX today, Hedley Widdup at Lion Selection Group has moved his investment clock forward to five o'çlock.
"Lion Clock moves to 5 o’clock. The time on the Lion Clock is now 5 o’clock, advanced from 4 o’clock by growing gold sentiment that has enabled selected performance by gold focussed micro-cap companies. This is just before the dawn of a new boom, and we await the recovery of liquidity markers to show liquidity is increasing again. Early signals such as the activity in gold suggest to us this is not far away. Whilst we have seen some strong performances emerge, market conditions remain generally depressed and ripe for deployment of investment."
WA8 Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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