mmq1 you said: "Any sniff of something big here will shoot the SP well and truly in the direction of 10cents. Patience will be a key here over the coming weeks.
High risk High reward. GLA"
10c, well yes that would be nice but I'll be happy with a strong break of 2.2c, with a sustained hold in the 2.3-3c range
New base at 3.4c and moves higher
I want to see an end to the high spikes then falls back, this last one has gotten better and raised the bar which is good, as timbo mentioned, so each time this happens, investors get more confidence that their investment will hold up better than the last
On the "High risk High reward" statement, yes indeed but with a MC of just $8m I'm comfortable in investing at these levels for a serious multibagger ST, and short downside if not
Pretty good odds, and at least it has the potential to get buyer backing when there's a sniff of good news. Just imagine what it's going to do on confirmation of firm results and action
We might take a bit of a hit on Monday due to the French downgrade but I don't expect it will last long then should resume up, it's been strong the last week and holding well
ROB Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held