by, 26th-April-2008 at 07:35 AM (3551 Views)
Bought RER at .059, .051, and .051 last week. Has been justifiably punished for it's capital raising at a rediculous discount to upset major shareholder Ruane, from IRC and RWD. I anticipate Ruane getting the better of them and the company being rerated down the track. Has some potentially good resources discounted to its peers. If not, I will be issued with some very cheap shares due to the issue. Whatever the case this is a bit like going to the casino and putting money on black because red has come up so many times!
Bought more STB at .21.
Sold half MOG at .066, bought @ .13, capital loss. Still holding a few and will get rid of them over the next week or so.
Converting MAKO to ordinary shares this week.
More STB if .25 is confirmed as support.
More BMN if the chart is telling me a bottom.
More AZM on a break through .15.
Just a few more IRC on break through .42. Holding quite a few.
Thinking about selling ROY, not happy with management's communication with the market, and starting to doubt their projects.
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