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25.0%

0.3¢ victory mines limited

Significant re-rating on horizon, page-177

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th3p4rk2

275 Posts.

48

27/07/18

12:45

Post #: 34593538
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Originally posted by setfire2thehive ↑

not always accurate. have seen cap raises on low market cap stocks that increase the s/p despite being at or below market price. increases retail confidence. See cobalt blue. cap raise occured at 30c when the S/p waS at 36 or SomethIng. it then went on a run to well over a dollar.

a cap raise in a downtrend tends to actually set the bottom for a re-rate. as opposed to a cap raise in a bull run where it stems the run of the stock.

IMO cap raise wIll occur after an annoucement of prelIm drill results.

SF2TH

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Well I hope your wrong, I would love a chance to get in at a lower price I don't have any cobalt plays.

VIC Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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