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Wow lost 20% already today, especially suprising since the rig has arrived and featured on media reports...
If you were to study the last 100 ASX public floats and look at the numbers on how many are still above the entry costs,then the numbers drop off very quickly,no one has a precise predictive model for this but once the day traders come in they buy and sells very quickly,and imhoDown to around 0.785 at the moment
Directors buying yesterday.
cheers
Otter