between say mid 2003 to mid 2006 the stock was in an uptrend, from 10c to $1.20
from mid 2006 to mid 2010 its been on a downtrend from 1.20 to 18c, with a few bull traps along the way.
only now have we started to move up again, is this another bull trap or could this finally after a 4yr downtrned, be the start of a rising amu!!!!
only time will tell, any chartists care for your opinions.
this macquarie report will be a good read, and its interesting if amu have 3 suitors interested in a T/O, what are they waiting for? for amu to move up to 30c so they will have to offer 60c? if they were smart wouldnt they have gone for amu when we were 20c, im sure 45c would have gotten them the whole company than, not now.
AMU Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
