George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Next resistance is 20p, at this POG the sp should easily get pass 20p and all the way to 24.5p because at this POG the sp of PAF have reached 28p and 24.5p, also the momentum and MACD is increasing and RSI is still around 67 and not really overbought yet.
Is $944 and is still going up while the SP in here is either flat or kept down.
Is going up, we could see mid 80's or near 90p this week or next week if momentum keep increasing.
With share buy backs averaging 81p, we might see over 81p next week and there is 81p resistance, the dyor.
Right, we had 12 million shares at 76p equity raised back in 2nd May, in my opinion i think the sp will go as low as 38p and then double for takeover or taken private by JD at 76p a share this way alot of shareholders will agree just like french connection takeover done by Hilco.
They are just closing their shorts before SP go through 100p, don't know why they do stacks of 100 share AT buys maybe its done automatically by bots.
SP will go through 100p in the next few sessions as momentum is increasing, sp is now above 50 MA and going towards 100 MA.