time to take a punt

[#1]

I rarely take punts in penny stocks, but this is the kind of situation I look for, if I do. A hot sector, a dwindling shareprice (general apathy) and a company that looks to be on the up. This, to me, seems a good time to get in

[Penny_Pincher]

Can you perhaps allude more on your research on this one.

[Quakedog]

WEA

[#4]

could this turn out to be the next calgroM3(50c to 500c in six months)as they both in the same sector or is it wishfull thinking i do see volumes picking up

[#5]

next results due in march 2013 punters normally buy a few months before the event maybe time to nibble before bonding the house for a 100 bagger

[#6]

Yip, that is my penny stock strategy - nibble in the middle of announcement cycles - when interest is at its lowest - you can usually pick up stock at the bottom end of the spread. That minimizes downside.

[kokkie]

What triggered the palace revolt during September with the changing of the guard?

[#8]

Why would a director exercise an option to purchase at 20c a share when he can buy on market at 10c a share?

[SimonPB]

coz he ain't gonna get 15million on the open market below 20c ..

[Blik]

So RBA has no div history, so Director must be buying on back of share price turning. Maybe they signed a big contract.

[#11]

Nah, it is an option expiring - usually this means it is a use it or lose it scenario. Still, he must have some faith in the business if he is putting R3m into a significantly higher share price

[Blik]

Well between Stegmann and Rothmann they bought 7 mill worth since late Sept. Nice to have that cash lying about.

[#13]

big volume today is this the start of a take off like calgro

[#14]

rising with volume looks bullish director must be buying to average his cost of 20c or maybe instituitions seeing something with purchase of 15 million shares by director

[SimonPB]

institutions don't even know that shares of this size exist ..

[#16]

you will be surprised funds like vunani small caps and coronations dogs potfolios already have rba

[#17]

sorry not coronations but canons dog