SVR - Savor Ltd (Formerly MOA)

how many bottles in 65,000 cases ... the shortfall

70 cent share price by the end of the day anyone?

Quote:

---

Originally Posted by blackcap

70 cent share price by the end of the day anyone?

---

Thats pretty much halving the IPO price. Milford wouldnt be happy, wonder what their stoploss is!

Quote:

---

Originally Posted by Dej

Thats pretty much halving the IPO price. Milford wouldnt be happy, wonder what their stoploss is!

---

They will be in there supporting the share price, I suspect.

It is all going to come down to whether they can buy enough to hold the price at a reasonable level - while talking up the future prospects.

Has been done before - Best Corporation and Rakon for a while.

Cannot have their unit holders think they cannot pick another Diligent.

Quote:

---

Originally Posted by SparkyTheClown

Stoploss? This is a highly illiquid small cap holding doing badly- who'd buy their shares?

---

Punters who followed Milford in will have one chance to get the hell out today - while there is an attempt, I suspect, at price support.

After that, it can get really ugly.

Look at Ecoya (Trilogy) - those who got out on the trading update on 25 Sept 2012 got out very well at over $1.00.

TA Target** if the share price falls below $1.10 is 95c....The price is a line in the sand at the 70% probability area its not a support area...TA Target says if MOA falls below 1.10 it has a 70% chance of it reaching 95c.
The 1.10 price is the primary support line for MOA

** TA Target 1.10 ( 125-110 ) = 0.95c

Quote:

---

Originally Posted by Hoop

TA Target** if the share price falls below $1.10 is 95c....The price is a line in the sand at the 70% probability area its not a support area...TA Target says if MOA falls below 1.10 it has a 70% chance of it reaching 95c.
The 1.10 price is the primary support line for MOA

** TA Target 1.10 ( 125-110 ) = 0.95c

---

Sellers piling up at $1.10 - almost inevitable someone will try and get out at $1.00?

Quote:

---

Originally Posted by Balance

Sellers piling up at $1.10 - almost inevitable someone will try and get out at $1.00?

---

Tehre is 15,000 at $1. The question is will any buyers enter and will the current buyers pull out.

Quote:

---

Originally Posted by Balance

Sellers piling up at $1.10 - almost inevitable someone will try and get out at $1.00?

---

as I type Balance if the market opened NOW it would be at 100.
so the 110 primary support is a goneburger and it is in technical free fall

Quote:

---

Originally Posted by Hoop

as I type Balance if the market opened NOW it would be at 100.
so the 110 primary support is a goneburger and it is in technical free fall

---

Someone will now go in at 99c, then someone else at 98c etc etc

normally that's how these things happen