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04-06-2015, 10:40 AM
#3601
the range held again, 4x juicy trading range
one step ahead of the herd
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04-06-2015, 10:53 AM
#3602
Well, breached the 57c mark....not much on offer after that...wonder where it might finish up today.
Guess it all depends when ASX opens....
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04-06-2015, 10:57 AM
#3603
Originally Posted by winner69
The last time there was big dump at the end of a week the price rebounded from mid 40s to 60 nets odd.
I'm having a quick punt ....punt being the word.
Well done Winner69!
'I often quote myself. It adds spice to my conversation.' - G B Shaw
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04-06-2015, 11:09 AM
#3604
Originally Posted by Harrie
Not at all Ziggy. I reckon w69 is on the money. As he says its a "punt" its just that he has punted on the upside after weighing up the balance of probabilities. Its still a call in the light of no new news regarding increasing sales volumes in target markets. Whether that call is based on TA or FA or gut feel doesn't matter its still a "punt"
No new news in the presentation re emerging markets other than a breakdown of ownership between Australia and NZ and an increase in the number of shareholders. Big activity recently, lets see what evolves today.
Just a bit of good banter Harrie...your right there really was nothing new in the presentations so why the change in sentiment...even if the large sellers has finished i cant see why the sudden turn around, so maybe some news is coming...bearing in mind that all shareholders get the same information at the same time
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04-06-2015, 11:12 AM
#3605
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04-06-2015, 11:16 AM
#3606
Member
Rumour, fact or short term trading speculation?
in my experience sales numbers are kept pretty close to the chest at a2mc and most other companies for that matter, otherwise a pop like this may suggest insider trading. If its pure speculation then we may see a settling back to the 49c to 53c range pending further confirmation of sales trends released to the market at the next update.
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04-06-2015, 11:17 AM
#3607
Originally Posted by ziggy415
bearing in mind that all shareholders get the same information at the same time
Mind you, some big players may have inside running..albeit in the form of snippets or rumours..
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04-06-2015, 11:18 AM
#3608
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04-06-2015, 11:23 AM
#3609
Member
Originally Posted by sb9
Well done, i'm just shy of cent or two to be back in green...
Me Too
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04-06-2015, 11:28 AM
#3610
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