Both counters trading halted pending announcement, looks rather interesting!
I think market are waiting anxiously for the company announcement! It might be a M&A or ...
I think this might be something quite similar to previous cmt & cct merging into one entity!
I think if M&A offering price may be around 1.50-1.60 range..
Not a call to buy or sell.
Pls dyodd.
Chart wise, bullish mode!
Likely to continue to trend higher!
Short term wise, I think a nice breakout of 1.04 smoothly plus good volume would likely drive the price higher towards 1.08 then 1.14.
Not a call to buy or sell.
Pls dyodd.
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