I too agree Ajax SkipXThe gap up on friday is the biggest gap up...

I too agree Ajax SkipX


The gap up on friday is the biggest gap up since I have owned it 4+years. This comes at a time when there is a 1/8 entitlement at $1.19 lower than closing price.
Shareholders must be selling some to be able to buy back cheaper but obviously it is providing great opportunity for someone else to buy. Who is buying?
T/O would be an absolute tragedy IMO. Need another 2 years before I would be happy with one proceeding.
I hope the TATA WISCO and CCCCs involvement will insure that T/O is difficult and pricey


I am hoping the reason for this strength is due to the slide 13 in the latest preso. This slide caught my eye the day it was released as it is new and pretty certain in its use of the word WILL
This option was also eluded to in one of the articles Ajax posted on the other thread. Barging decision in 2 months


approval of barging is the biggest catalyst for SP growth that I can see. RIV will be like owning a speccy for a day or 2 with 50%increases...lol...What a nice speccy it is too.
Mozamquique gov stating Vale wont have exclusive access and the offer of concessions cant help either.

Charts
The blue square in the first will be really telling. Break this and blue sky.



MACD and Stochs


Guppy MAs