Trend reversal may be happening before our eyes....was oversold IMO. Looks likely to crack 30c plus again next week if I am right. If that eventuates, it will be very bullish.
Subject drop in sp presents an opportunity Stock Code GIR - GIRALIA RESOURCES NL Posted 23/09/06 16:55 Posted by macrae12 - Banana IP 211.27.xxx.xxx Hotcopper Radio GIR on BoardRoom Radio Post #1267983 - 43 reads Start of thread
Drop was largely due to the stock having shed all but 12% of its U308 shareholding through a distribution to shareholders.
Giralia is now proposing a one-for-two issue at 1¢ for options exercisable at 25¢.
Looks cheap
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held