AYN 0.00% 0.1¢ alcyone resources ltd

where's the share price heading?

  1. 2,755 Posts.
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    So the excitement from the first couple of weeks is over, we've got a director who's resigned (anyone know why? Doesn't really look like the replacement is fully committed with 2 positions held with other companies), no significant news at the moment.

    Any guesses as to where the share price is heading short term? Of course without a clear history one could really only speculate, but would not be surprised to see it head back under 3c short term.

    I think a capital raising before the move to mining will be likely, just a matter of how they do it and at what price...they also need to be careful not to do it too soon as I think that would probably give investors the jitters.
 
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Currently unlisted public company.

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