RE: Well Done20 Jan 2026 19:21
SLW,
Based on the buying pressure into close and the bid constantly moving up (could get 1.6p to sell a few minutes before the bell), if this continues on open then it's going to push higher very quickly.
I see 2 possible scenarios tomorrow.
One, they try open this 10-20% down from close and get stop losses or worried traders to jump, then buying comes back and it goes up to 2p+ over the day, but the rise is stemmed a bit with caution.
Two, they decide to let it continue as it finished, with an open 10-20% higher than close, the herd cone in and push this to another 100% day. Similar to the MBO rise at the start of the year.
I'm hoping for the second scenario and hitting 3p + tomorrow.
The Mcap is low and the market is buoyant currently.
Will be interesting to see where we are at 8am.
Good luck holders.