Member Info for Academy

5% of the company traded so could be an accumulation

passion - can you please re-write your post to make some kind of sense.

some news or an up-date from Zanaga. Well overdue!

The fact that the Ahasni brothers at Unaoil pleased guilty to bribery charges to the UIS investigation and the ongoing Unaoil trial in the UK of other executives may not be helping matters. A recent report by the Guardian links Petrofac directly with the Unaoil scandal.

I believe May 17 we were at 380 which was the low point then, so we are at new lows now. I'm monitoring this for a step back in.

According to a poster on another board technicals are not looking great at present, needs to be back above 357p previous support. Supports: Support1: 357.60 Support2: 297.52 Resistances Resistance1: 397.40 Resistance2: 422.00

300ish would seem to be a great entry but not sure it will drop that low?

That’s awesome jabber - and posted by bidstack today...
https://twitter.com/bidstack/status/1220387202074599424?s=20

Hi Loggy, what's the relevance of Telfer?

we should see the 60+ level very soon IMO

Guessing it might be a few weeks yet due to summer period in Australia but hope I'm wrong. Just wish I had bought more.

Fantastic buying opportunity. News can't have sunk in yet to the market. The sp should rise to 60+p prior to ex divi date.

why has the sp not risen to reflect this?

With good news out earlier

Hope these recent gains won't get destroyed by short term traders and rampers. This will see a steady rise over the next couple of weeks. Longer term this will be a multi-bagger. Be patient.

I'm in this to hold and make it big!

GLA

Simon will you pleeeeeeeeeeease stop posting. You’re like a broken record. Stay away and come back in June if you must.

* others fearful

time to top up shareholders. once funding is confirmed it will fly. then once the project takes off - boom!

invest when there's fearful bla bla

We should be seeing a break out of current levels soon and the price steadily pushing to where it should be

Simon, I’m curious as to why you spend so much time commenting on this share when you have sold out and have no interest? Why would you spend so much time trying to discourage others?

I just did a little top up. Got to be in to win. I think we will get some further news soon. One thing you can say about Zanaga, they're a professionally run outfit. I don't think they will leave matters to chance and their CEO is too heavily invested.

Maske - I agree this has big multi-bag potential. But the financing is a risk and cash reserves are low and if the only option is a share placing then there's a likely dilution factor. All depends on how much they want to raise and at what price. This is ROC, so third party financing is not a given. I'm really umming and ahhhing about topping up at this low level (in a big way), but am slightly fearful. Most likely we'll be back at 10-14p within a matter of months and even those levels make it attractive to buy more now.