Australian (ASX) Stock Market Forum

SDV - SciDev Limited

Just a couple of big sells on the board at the moment under $0.30 with quite a bit of volume at $0.30 to get through. Hopefully the volume is on again today after that news. Cheers.
 
imajica said:
could someone post a fair share price value for INL?

ie- using projected profit and industry average P/E's etc
Depends on what the BDP can do. The FS is being conducted with WOR at the moment, due in Jan/Feb.

Would be interesting to see the figures just on the JV with Polymetals.
 
kennas said:
TB, Gap up or down is just a leap in the price from opening. There will be a 'gap' from its last close to the next open. Techically, this gap needs to be filled sometime down the track.

Gap Gaps form when opening price movements create a blank spot on the chart. This occurs when the high of the day is below the low of the previous day or when the low of the day is above the high of the previous day. Gaps are especially significant when accompanied by an increase in volume.

WOW kennas, thanks for such a comprehensive reply. But i am still unsure of what you mean by the term filled: "Techically, this gap needs to be filled sometime down the track". Say a sock gaps up 3% on a rising trend what does filled mean? Are you saying it needs to come down to that level at some point? INL gapped up from 23c to 23,5c on friday morning. How does this gap need to be or gets filled? Does it "have" to come back down to 23c mark?

thanks all
 
toc_bat said:
WOW kennas, thanks for such a comprehensive reply. But i am still unsure of what you mean by the term filled: "Techically, this gap needs to be filled sometime down the track". Say a sock gaps up 3% on a rising trend what does filled mean? Are you saying it needs to come down to that level at some point? INL gapped up from 23c to 23,5c on friday morning. How does this gap need to be or gets filled? Does it "have" to come back down to 23c mark?

thanks all
My understanding is yes, but it's just a probability. Doesn't have to occur. I think it depends on the size of the gap too. Perhaps that $0.005 isn't such a big deal....

The info is all just a cut and paste from Stockcharts education section. Cheers.
 
kennas said:
Just a couple of big sells on the board at the moment under $0.30 with quite a bit of volume at $0.30 to get through. Hopefully the volume is on again today after that news. Cheers.

Even if it has a breather today, if volumes are low, id still be keeping my eye on this one for the remainder of the week.

Last weeks break was significant IMO.
 
Accaeric said:
all we need is to keep a little faith in it :cool:

Yep, what id like to see is a close above the lows and volume half (or substantially less) compared to friday.

Remember MLS?
Up from 4,2 to 5,2 on monday. Tuesday breather, opened at 5,6 and closed at 5 on the SAME VOLUME as mondays spike. Then Im sure every1 remembers Wednesday from 5,2 to 7 (the high) ! :D

The past breakouts have all lasted >1 one day and i dont expect this one to be any different.
 
hey snakey! Now Now, I wouldn't quite say the stock has flogged out (!) , you would expect some kind of natural correction after the dramatic rise.

If it drops down to say 25, there's another real opportunity to pick up and play with INL.

Watching with interest.
 
so will there be a dramatic sell off towards end?

my gut says no, looks like has good support at 26-26,5 point.

bye all
 
waiting all morning for the bottom of the drop - am in at 26.5

seems like good support at these levels - will be holding these for a while
 
imajica said:
waiting all morning for the bottom of the drop - am in at 26.5

seems like good support at these levels - will be holding these for a while

Lets see if 26c holds.
If not - arvo selloff i reckon.
 
the licensing of their technology will be the real kicker in terms of future growth - the world has been waiting for this for a long time

buy a truckload of INL - treat them as an investment - you won't regret it.
 
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