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  • 4 weeks later...
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I bought a few CSDs, seeing how sought-after tin has become. (Hopefully, last night's 10% drop is soon forgotten :unsure: )

 

post-20537-1304654912.gif

 

It needs more volume, but MACD is strongly Bullish. A break above 16c would be super...

 

post-20537-1304655148_thumb.jpg

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Apologies - forgot that spp was underway.

With that in mind, today's single buy-up of 10k shares at 14c is far less convincing; the recent low volume could even be classed as disappointing :sadsmiley02: .

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  • 2 weeks later...

"My fellow Australians! Please drink more tinnies to support the falling price of tin!"

 

LME Cash Buyers chart for May: post-20537-1305772228.png

No wonder CSD doesn't impress Ms M :angry2:

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  • 2 weeks later...

Very strange indeed:

pending an announcement to the market regarding the Company's Entitlement Issue and capital raising.

... and to send it at 7 pm Friday night :unsure: even though it's been only 5 pm in Perth.

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:wacko: good news and bad news:

The good news: those who exercised their rights will get their money back.

The bad news: desperation fundraiser at 9c

I'm outa here :sadsmiley02:

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The underwriter must have a pretty good clause that allows them to get out of actually having to underwrite (funny that is one of the risks that I thought underwriters agreed to take on). :grrr:

 

Let's hope they can go ahead with the Share Placements to allow for further drilling required. Will stay in for now.

 

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