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Wednesday, 10 October 2012

As flagged yesterday, Bumi looks ready to pop

Here’s the link to yesterday’s blog post on beleagured coal miner Bumi in which we suggest a break of 172/3p looks likely to herald a move back over 200p - CHART SNIPPET - BUMI LOOKS TO BREAK RESISTANCE @ 172/3P

The stock is in demand this morning ahead of the shareholder meeting in Singapore tomorrow with a clear break of the resistance of 175p. One to keep an eye on…

 

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