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03-06-2015, 03:46 PM
#3591
Member
Predictably, still in the 49c to 53c range waiting for confirmation of sales trend in target markets.
Early days in the states but the fact that many stores are stocking it is a really good sign, however, stocking it and selling it are two different measures of success. A whiff of expected or better than expected sales in all target markets will add at least another 10c to the SP in a days trading. Less than expected will take it to 43c because it may not necessarily confirm a trend, rather a factor of not knowing where it is available.
A shameless little short term prediction for what it is worth!
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03-06-2015, 04:03 PM
#3592
Originally Posted by Harrie
Predictably, still in the 49c to 53c range waiting for confirmation of sales trend in target markets.
Early days in the states but the fact that many stores are stocking it is a really good sign, however, stocking it and selling it are two different measures of success. A whiff of expected or better than expected sales in all target markets will add at least another 10c to the SP in a days trading. Less than expected will take it to 43c because it may not necessarily confirm a trend, rather a factor of not knowing where it is available.
A shameless little short term prediction for what it is worth!
so you reckon winners theory is a load of horse manure do you......
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03-06-2015, 04:29 PM
#3593
Originally Posted by ziggy415
so you reckon winners theory is a load of horse manure do you......
Watching the 53 mark closely but would hate to miss out on this 10 cent rise that's coming up
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03-06-2015, 06:53 PM
#3594
Might be gearing up for another crack at that 58 cent resistance? Aussie listing showed big strength today.
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03-06-2015, 11:58 PM
#3595
Originally Posted by JohnnyTheHorse
Might be gearing up for another crack at that 58 cent resistance? Aussie listing showed big strength today.
It sure did. Over 37,000,000 through ATM in 3 days. Somethings going on.If they run out of shares to sell then price might go well over 60c
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04-06-2015, 07:40 AM
#3596
On my rounds and just a little behind..
Indeed to all points above, it has the feel of a "reset" similar to late 2012. One would also expect some SSH notices soon as well given the volumes being unloaded?
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04-06-2015, 09:13 AM
#3597
big volumes probably just to do with there presentations, isn't acc selling out?
one step ahead of the herd
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04-06-2015, 10:09 AM
#3598
Member
Originally Posted by ziggy415
so you reckon winners theory is a load of horse manure do you......
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.
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04-06-2015, 10:20 AM
#3599
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.
Well we certainly have a good strong start to the trading day. I agree with you Harrie that there is no new operational detail in the presentations to drive this increase in price and demand. Must be some rumours flying somewhere though !
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04-06-2015, 10:35 AM
#3600
Nice pop with good volumes, maybe new players buying into the story. I'm getting deja vu though.. will the sellers win this battle when it gets to 58c?
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