You would think so, but the Buyers V Sellers totally reversed today, so who knows where this could head.
Although just looking a little closer, today was the date for distribution of Burey Shares. KAL shareholders will recieve 3.5 shares in BYR for every 10 KAL shares held.........that...
Could the reason be that he can now slowly offload some of his shares during the coming weeks, when NMS goes through the roof, and not flood the market too much?
Judging by the markets response this morning, you are right about there being confidence in it being a good announcement.
Up 15% this morning.
Is just shy of 100% in 2 weeks :D
Today was fun :)
Neptune Underwater Painting? Thats gotta open a few more doors.
Should be a good couple of weeks with possible CEO and positive Half Yearly report announcements to be made.
I guess the announcement made on the 19th of Jan regarding the Oil and Gas pipeline repair contract in the Cocos Islands is the news that sent the price up in Mid December.
Its time to buckle up for another ride. :D
Re: Neptune Marine (NMS) - $1.15 ish
Won a 2 million Government grant, price up 18% today.
Also won the Innovation Excellence award - http://www.doir.wa.gov.au/awards.
Results of latest tender must be due soon.
Re: Neptune Marine (NMS) - $1.15 ish
Interesting part from the last release is the mention of current tender bids for more work, with the decision to be made in the next 4 weeks.
Based on previous annoncements, if successful with the tenders, i can see the price pushing mid to high 80's...
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