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  1. #18651
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    If it slices thru the 100MA @ 65c, 50c could be on the cards.
    If the traders believed it will be 85c by Xmas, I dont think they would be selling now sub70c

  2. #18652
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    There is no if in investing. It is because anz buys in. That is why I like it

  3. #18653
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    Quote Originally Posted by Getty View Post
    If it slices thru the 100MA @ 65c, 50c could be on the cards.
    If the traders believed it will be 85c by Xmas, I dont think they would be selling now sub70c
    Of course they don’t. That’s why they are selling and that’s why there are buyers!

  4. #18654
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    and thats why the price is down 6.8% to 68c already on strong volume, because they all are thinking of that 85c

  5. #18655
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    Overpriced on knowns even at the .30 gap if we are all just guessing. They just are not as far down the road as they are making out.

  6. #18656
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    Quote Originally Posted by golden city View Post
    There is no if in investing. It is because anz buys in. That is why I like it
    Be more encouraging if the Insiders were buying....

  7. #18657
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    Quote Originally Posted by Getty View Post
    and thats why the price is down 6.8% to 68c already on strong volume, because they all are thinking of that 85c
    Entirely predictable!

    Just as I predicted this morning about what would happen.
    Last edited by Balance; 26-11-2020 at 01:37 PM.

  8. #18658
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    Quote Originally Posted by psychic View Post
    Be more encouraging if the Insiders were buying....
    They get plenty of free options - no need to buy. Very American style remuneration packages. Similar to ATM.

  9. #18659
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    maybe not useless info is that $1.3M is on offer, to get the price up to 85c, but only $362K in the other direction will take it to, wait for it, 7c.

    The part that gets me, is that if I tried to bid at 7c, my broker wouldnt accept it.
    Is it time to join Sharesies?
    Last edited by Getty; 26-11-2020 at 01:49 PM.

  10. #18660
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    Quote Originally Posted by Getty View Post
    maybe not useless info is that $1.3M is on offer, to get the price up to 85c, but only $362K in the other direction will take it to, wait for it, 7c.

    The part that gets me, is that if I tried to bid at 7c, my broker wouldnt accept it.
    Is it time to join Sharesies?
    Is that how you assess and judge the depth in the market?

    I guess I need your expertise to time my entry - seems like I always buy too soon or sell too early!
    Last edited by Balance; 26-11-2020 at 01:56 PM.

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