DML for me currently hitting all time lows on lowering volume. Looking for a break above .105c on short term downtrend line. 1st Target .145c, Break of Trendline at .15c 2nd target .25c.
They have a large chunk of options expiring by the end of October but I'll take a punt that the government approval will be before then, making the oppies have little effect and the SP will go up.. If not, I know what I'll be choosing in November!
Triton Minerals TON, very much the nearology stock to Syrah Resources SYR for carbon in Mozambique. Expecting results shortly on particular drilling at TMBC009 in the Cobra Plains for 109m of continuous drill width graphite.
VMT Thanks Jo.
Like the support around the 2.5c with the charts of late. VMT stores going up in China producing more and more electronic scooters it cant be a bad thing for the fundamentals. Currently only the 4 stores in China completed but a further six aren't that far away and with the government concerns over pollution and the banning of petrol driven bikes this should accelerate growth.
Looking forward to a rerating with the prospect of some additional funding being injected into the Vodafone operation by the parent group after their sale of Verizon Wireless.
A company who has plenty of Gold in the ground, and has spent a lot of time dealing with the long term ramifications of distributing a share of profits to traditional land owners.
I don't really expect them to do much during this short competition timeframe, but a great longer term risk/reward stock if anybody cares to do some research.
"A company that enables reach and transactions with consumers on their mobile
devices that result in direct (m-payments) or indirect (m-marketing)
monetisation"
Based on technicals but they are in a great area (mobile payment processing) that is growing quickly and has plenty of potential; particularly in growth areas. Someone big may also just swoop in as well.
MBN thanks Joe. If it is still a viable listing at the end of the day according the competition rules (above 1c). Anticipating some bounce back after a smashing for the last two days.
1. ASX market (XAO) is going up.
2. BOL is relatively stronger than XAO (RSC(34).
3. BOL in weekly up trend (5,15 ema - green background)
4. BOL in daily up trend (10,30d ema - green)
Business should improve with improving eco outlook and construction.
PNL thanks Joe, firstly because I like the chart, secondly because their coal purchases may just work out and thirdly because there has not been even one post about it.
My first entry in the comp Joe is BDR. Has had a good run of late which is a bit of a concern for the next month but gold is still volatile and BDR is a low cost producer. If the ASX continues its run and gold price increases, I think it can continue its momentum.
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