IFT - Infratil

**lissica** · 30-03-2010, 02:55 PM

Originally Posted by GTM 3442

Why would Shell want BurgerFuel when they already have Burger King ?

Because Burger Fuel tastes better. And if they're going with the NZ thing, also originated in NZ.

**Snow Leopard** · 30-03-2010, 07:48 PM

Then why not look at this investor presentation

regards
Paper Tiger

**peat** · 04-04-2010, 08:12 PM

http://chartpattern.com/ascending_triangle.html

IFT seems to fit the bill as regards the description in the link.

**gonzo56** · 05-04-2010, 09:51 AM

Well spotted Peat

**Snow Leopard** · 06-04-2010, 07:38 PM

Originally Posted by peat

http://chartpattern.com/ascending_triangle.html

IFT seems to fit the bill as regards the description in the link.

Damn, so I should have bought shares a few days ago at $1.70+ whereas I actually spent my loose change last November at $1.51.

Infratil are busy buying their own shares back again I notice, probably doing it deliberately to ensure the breakout continues and get all you coat-tailers to buy in

best wishes
Paper Tiger

**bull....** · 06-04-2010, 07:52 PM

Ift was a initial long term buy between 1.5 - 1.6 when a lower low was confirmed , this has been further validated by the break of 1.68 which is bullish as this had proved resistance since december , notice on a chart the significant gap up above this level on big volume vaidates the breakout.
The longer it holds above this level the stronger the advance will be with short term target in the 1.90s fits in with the triangle measurements

**peat** · 07-04-2010, 02:16 PM

yup the volume is good...confirms the breakout.

**mr.needs** · 07-04-2010, 02:20 PM

Originally Posted by belgarion

Love it ... big cross on a rising price ... I wonder who sold?

Sorry, bit of a newbie. Can you explain what you mean by this...

**peat** · 07-04-2010, 02:23 PM

a big cross is a large parcel of shares being sold from one party (generally an institution) to another - I dont have the info on the trade itself but with 13 million shares being traded today we can assume the big boys are playing.