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Brake cable huh Andinio? Not in top gear, balanced on two wheels, Mungo Jerry In The Summertime? Disappointing. (@:
I tried cutting the grass two weeks ago, only for the brake cable on the Stiga to snap leading me to take a chunk out of the apple tree.
And, no, the share price didn't go up.
I wont be putting weeding to the test either.
Deep, try cutting the grass, i did and It gave orph a 10% rise. Now i think I have some weeding to do. Hope that gives orph a 20% rise as i will have a bad back afterwards. ;-)
We got a range of resistances between the 15p-16p zone on a daily and weekly chart.
News which should not be that long away now will blast through it. Also important to remember the longer the stock stays in an area the bigger the catapult out of it as it builds up energy.
Fundamentally and technically we are doing very well here. The sector we are in is likely in a secular uptrend for a few years as it has been horrifically under-invested in. This should set the tone for one hell of a re-rate.
This is the reason CF has stopped talking of selling before Autumn because the figures are coming through and when he sees a Goldmine he wants to stay in it for as long as possible to pick as many nuggets as he can get his hands on. We got a serious CEO with seriously large opportunities available to him.
I think actually the first resistance from before the sell-off is closer to 16, but that is probably artificial given the change of hands of stock following the Acacia dump
I see a big resistance level at 15 here ... If we break and hold that to close one day the gloves are off but it may take more time than most may assume. No way this company is worth less than the conservative broker estimate so patience is key for me at the moment. GLA I am off fishing again, works wonders for the SP as well from recent events :)