When we trading, previous examples and track records are always good compariation.....
CR8, backed up by Otsana, faced substantial selling When it reopen after suspension of acquisition, consolidated around 4.1 and 4.2c which not big difference with the sp of 3.7c before suspensions...
After a short time consolidation to absorb supply, it went up strongly and doubled in 2 weeks time if my memory serves me right and touched 10c.....
CR8 has lots more SOI and bigger registers so more supply when and during its leg up. ...
SVT, really small SOI and lots tight register, seeds does have intention to sell out but they only have proportion of the whole register and half of them got Excowded, whoever bought in should have around 20c average and we all aiming to ripe nice profits so we just had to wait a bit patient...
More company updates include Investor presentation will set up the fire for sp...
SVT Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
