Lessons learnt, their economy is now booming,much like their "Whale Watching".
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Share price back to where it was early Feb
Price action not what you would expect leading up to next weeks announcement if it is going to be a boomer of one.
Hope a case of sell the rumour and buy on the facts (next week) .....not that I've heard any rumours about impending bad news
I must say I'm reasonably surprised about the drop in sp over the past few weeks leading up to the update next week. At this market cap with the current market sentiment I really think this update needs to be a stunner otherwise we will see a sharp decline in sp.
However as I've said before after running their growth numbers I think they've set this whole business up to over deliver on targets. I topped up this week ready for the news next week but I also understand it's partly a gamble.
Last 3 quarters they've jumped up 7.7m, 6m and 8.4m ACMR respectively. If we see anything above a 8.4m jump in ACMR regardless of how the sp moves I'll be a happy camper.
Is today the day they come out with the next set of exciting numbers to put a rocket under the share price