all ords looks like its got about another 100pts to go to complete that H+S target.
could see a few more panicky retail dumps into the low 20s. after that, notwithstanding further falls in the XAO/DJIA, we might begin to see some support from so called professional investors.
in my books, that will be the best time to start getting proper set for the run to financing.
but if it falls through 20c and the major indices keep tanking, it'll be worth waiting it out for one of those crazy intraday low volume exhaustion spikes.
tricky times. alot of positives locally for this company, but the global negatives could easily tip the balance out of its favour. gotta tread lightly...
RHM Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held