KAB 0.00% 0.1¢ kaboko mining limited

fundamental analysis: 5 bagger, page-295

  1. 7,747 Posts.
    Yeah. Definately not accumulation. Usually a $10k day would cause a spike in sp, but at the moment sellers absorb any buying. And they are lining up to sell into any strength.

    I think 1.2 will be the next resistance. Breakeven for most punters. But I guess it depends on where sp is just prior to 31st. If we get a few up days, we might launch higher.

    But can we have any confidence in no further delay? Certainly trading isn't pointing to a leak at this stage. What would sp do if the 31st is no announcement or a lame update with further delay?

    Still a coin toss for a ST trade.
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