african minerals appears to be upping its stake - possible takeover / offer?

he's in the red here.......

On the bounce after a 61.8% retracement from the last rise
and a 50% retracement on todays intraday price

for the record

BB - out of these entirely a week or two back

Cynic
I do not blame you to be out. I never saw any virtue in this one from the start.
I suggest you stay out for you own health.
Cloudy in Benidorm today, but was sunny yesterday down by the promenade.
I think Benidorm must reflect the Stock Market just now.
Should be warmer next week I am advised
Bob

out with a profit me...... clever clogs.,.

good for you

How much did you sell it for?

Some have not noticed BAO was on the turn this morning

The Fibonacci retracement was at work this morning as the MMs make sure the share price was marked down to that point and then up again.

naturally followers did help the share price move up fast again

another intraday 50% was triggered once again and so on this afternoon, but the share price finished well up on the day.

I made the chart this morning but kept it from posting here till the share price is well up and someone nasty around this side was not getting my "TIP" at the early stage.

others did got it this morning at other places.

From my thread ......

50% intraday fibonacci retracement at 23.125p and UP she goes

High of the day 24.625p
Low of day 21.375p

50 % fibonacci 23.125p

wow.,.

Wow - down 3.75p today 21.75 / 22.00 or 14.63%
Where to tomorrow ?
Is this for pure gamblers or investors ?

gambling and/or momentum trading only

Interview with Ben James, MD of Baobab - Tete pre-feasibility study return positive result

Click here to listen

has anyone come across this?

panel discussion

Ben, the Baobab CEO is involved.

Cheers Morigam, I'm going to listen to the panel discussion. Good find!

Looking like it wants to turn today, there was support at 12.25p were MMs were happy to marked down early morning

londongo

You might be right about the support at 12.25p, a big move up today, the stock has been shorted lately, so as is moving higher - buyers - shorters are closing also a double action.

Keeps well on the movement up as signs of downtrend is over now over 20p

Listen to Baobab Resources - Company update

CLICK HERE TO LISTEN

bouncing back after early profit taking, does not need much to turn around