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0.1¢ australian potash limited

Dropped a few yesterday and in the opening auction today.Having...

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abishai

767 Posts.

126

10/01/19

11:55

Post #: 37079049
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Originally posted by LiveEagle7: ↑

Too many gaps on the recent break out for my liking.
Anyone that was around for the last CR will be well aware this could be those guys unloading ready for the next round of cash calls.

However, the company has great prospects and is much further along than they were at the last CR but they are also moving into a more capital intensive period.
It'll be interesting to see what the bank balance is like at the next qtrly if we get there without a raise.

MS will remember non too fondly what last years low ball raise did for investor sentiment, I hope he doesn't make the same mistake again.

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Dropped a few yesterday and in the opening auction today.Having bought a bit more than I was comfortable with in the low 6's,locking in some profits,was hard to resist,especially in the current broader market environment.Happy to hold the rest and see how it plays out.

APC Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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