Ann: Becoming a substantial holder from IFL, page-71

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18/07/18

16:21

Post #: 34426746
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Originally posted by Reillyblue ↑

Not sure why you are having a crack but appreciate that you thought enough of my post to reply. Might pay to do some research on the previous posts before you contribute.
My old mate there was ramping this company from3c up to 7c spruiking that it was going to sky rocket on china deals and all sorts of things. When challenged he didn't like it.
Unfortunately posters like him can suck others in. Anyone who bought at 7c (remembering the share consolidation of 25:1) would have bought at a price of $1.75. It is now at 69c. So it may well double but it would need to triple to get back to those prices.
And IMO, I'm watching this stock because at some point it will bottom. The management have been pretty clear no china (yet) and more acquisitions. This means more CR. So could drop a bit before heading up. IF they get a portfolio of quality acquisitions then it could be a real target for a takeover. And, again IMO, Paris creek is a potentially good buy, Maggie Beers has been a failure and the latest one is a mheh.
Best of luck to you, I would love to hear why you think it will double by end of year. Different opinions are valuable as it is how we learn!

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I don't think the report is going to be good at the end of the month , evidence seems to indicate this ?dyor

LON Price at posting: 69.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Becoming a substantial holder from IFL, page-71

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This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Empire Energy locks in $65M funding deal with Macquarie to develop NT's Beetaloo Basin

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects