Just bought into this stock, anybody else a shareholder?

Uncrossed off the highs - a close above 24 and I'm in.

If I knew what that meant, so would I be in!

Harry - it uncrossed @22.75 in the closing auction - high of the day was 23.5 (not withstanding plus trades).

HC
i didnt know that either, so thank you to s for the explanation. still not sure if i understand.
maybe i am too old for all this new stuff, maybe i need to re learn?
probably do.
i do understand,i think,that short term retracements ,or even DCB's usually occur with diminishing volume.hmm! seems not to apply here.where would a good stop loss be?
what is risk reward ratio if i am wrong?
now that i do know about.
regards to both of you and to all
jkd

jkd - depends on your definition of too old - I'm a child of the 50's - so certainly no spring chicken!

s
me neither. we seem to have 2 threads , dont know why.
anyway, this could well recover from here and if you do buy in i wish you every success.
its not one for me however.
good luck to you and to all.
regards
jkd

Drawdown on Equity Line Facility
and
Total Voting Rights



Sunkar Resources plc (AIM:SKR) announces that it has drawn down 600,000 of the Equity Line Facility with Dutchess Opportunity Cayman Fund, Ltd ("Dutchess") which was announced on 30 June 2010. The funds will be used for working capital purposes. The undrawn amount of the Equity Line Facility is 8,900,000.

A total of 3,157,895 ordinary shares of 0.1p in the Company (the "Ordinary Shares") at a price of 19p (as determined pursuant to the terms of the Equity Line Facility) have been allotted to Dutchess subject only to admission to trading on AIM, which is expected to occur on 13 June 2011.

Upon admission of the Ordinary Shares, the Company will have 164,859,074 ordinary shares in issue. The Company does not hold any shares in Treasury. The total voting rights in the Company upon admission of the Ordinary Shares will be 164,859,074.

CHESS . go t in at the right time i did . my info man is good

chess my post 269 was correct i am up 3k