Slowly but surely the share price is heading into the 40s
Getting closer to fair value
40's Would load up at that price. Seems to me like it is more likely heading back up to break 0.60 pretty shortly. Probably settle in around 0.66 -0.68 once profit takers washout after the 0.52 SPP. Some traders will take a quick 15-20% profit and be happy with that selling at 0.60. But once they filter through will gradually rally up above 0.65. Who has the crystal ball, time will tell. Will check up on my analysis of this in a couple of weeks and see where SP is sitting.
This bit at end of announcement - hope they don’t all sell down in a hurry
the shares in Radius Care held by Wave Rider Holdings Limited, Knox Fund IV NZD LP and Knox Fund IV AUD LP have been released from the restrictions under those escrow arrangements.
”When investors are euphoric, they are incapable of recognising euphoria itself “
@winner69 - It looks like on the 22/09 those companies reduced their holdings...so with them selling down in a hurry, what would that imply? Curious what you think and how to interpret that activity? Thanks!
@winner69 - It looks like on the 22/09 those companies reduced their holdings...so with them selling down in a hurry, what would that imply? Curious what you think and how to interpret that activity? Thanks!
There’s no sell down - same number of shares but lower %tage due to CR.
There’s no sell down - same number of shares but lower %tage due to CR.
Thanks @Balance - completely missed that. I just saw a decrease in amounts and percentage in the market notice and assumed that they were sold off. Thanks for clarifying.
Thanks @Balance - completely missed that. I just saw a decrease in amounts and percentage in the market notice and assumed that they were sold off. Thanks for clarifying.
Shareholders seem to be beating Radius up a bit pushing down to 0.50/0.51 ? Surprised we haven't seen a bit of a bounce and rally yet off 0.5.
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