RE: Liberium28 Feb 2018 13:33
TheBaker (our PFG superstar)! Ha! :))
Asiamet should be 13.30p as of today. Some odd deals behind the scenes have held this back after the 12ish peak and the huge hype where leading ARS managers met with high finance in the City.
- IMO it was insider taking profit through various financial instruments ever since the November peak out. This way company directors have been able to shout out loud "We wont need to raise capital in the near future".
They wont, they already did!*
- The latest weakness looks like someone opened the door for large II's holder.
- Recently comes a fresh attempt to try to breach the important 10.40p barrier. Even this morning there was an attempt to climb 10.50p, but it bounced back later. For now that is.
- Something is brewing, as the sudden public interest (Liberium Capital) shows.
- If 10.80p and 11.00p are climbed, then sure thing rise to 13.30p and finally 19p, which is the near term target here.
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*Asiamet Resources Limited reports that it has received notification from option holders to exercise options over 2,450,000 new common shares in the share capital of the Company. Feb. 2018