Very interested to know at what price AER will list... at this stage it has to list at a price not less than 56c to justify the current run-up of the EVE SP.
Bring on Wednesday......
Ang can you explain this darvas formation? Thanks.I have a buy order in at 41 cents and a target of 55 cents, which is the darvas formation.
Kind reg
Ang
Thanks Ang, This is possibly similar to simple TA price projection from a pole and pennant. Maybe darvas is where it came from? Cheers.once you have a top, which in this case happened on the 26th of Feb, followed by increased volume within a price band, a box is drawn. The difference between the top of the box and the bottom of the box is the profit target. In this case 40 cents ant 25 cents = 55 cents.
Kind reg
Ang
LOL if your target is 55c then why dont u just life your order by 1c and pay on market instead of taking the risk..
Shares, please don't ask for recommendations to buy now or at any time. No one can provide you with a recommendation here as we are not lisenced to.currently at 44 cents, do u guys think it's worth buying in now?
currently at 44 cents, do u guys think it's worth buying in now?
Just to let you know that the listing of the new Uranium entity willl now accur on Tuesday next week. S that is why the price is starting to go up. If that price list higher than the IPO price of 40 cents, which you would expect it would open higher than the IPO due to being over 3.5 times over subscribed.
I agree we can't reccommend to buy or not to buy, we can only provide you information to help you make that decision, however the information we provide, is already out there and the research can be done by yourself.
reg
ang
Depends on the structure and the circumstance. I feel due to being 3.5 times over subscribed the new entity will open very high and therefore investors will go for the next big thing and that is EVE, who will have financial gains if the new entity performs.
Kind reg
Ang
EVE is already a 4-bagger from when i first started buying so its already become a fairly big thing.
SNU was also oversubscribed (more than 3.5 times)
AEE if you recall has performed since then but it floated around mid last year at about the offer price besides being massively oversubscribed.
Mind you, i do think AFR will do well (i have subscribed to some) just trying to make people see both sides of the argument before making a decision.
Regards,
Niz
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