Realistically, where are we thinking we get to by the end of the week? Assuming POSCO is signed sealed and delivered, details of the announcement and results all meet expectation? Given the sector is still on the nose and with that the relentless shorting would a $2.95 close by the end of the week be too conservative? Are we thinking much higher? Or are we thinking we won't see much of a bounce? Will a bit depend on the likes of KDR and ORE = both of which have started the week strongly (especially KDR).
We seem to be in a climate where fundamentals don't seem to correlate to sp action. In fact, the better the news the more its bashed. Everyone is expecting great news here, which makes me a little nervous.
Penny for your thoughts.
- Forums
- ASX - By Stock
- GXY
- Where to from here?
Where to from here?
-
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries