Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Moving up nice and steady
11million shares traded, big ding-dong battle going on.... only 27 trades only
We knew the company turned a corner January 2020 having been loss making since 2014, there's been a lot of positive activity since then with many new and renewed contracts, my heart tells me that good times are ahead
I started investing in 2018 and I bought in here in 2019, it's been a bit of a rollercoaster ride (probably bought in too early if I'm honest, still learning the ropes) but I feel like the company is gaining traction in the marketplace, the technical analysis is looking positive with a series of higher lows & RSI in the sweet spot, just need the right results at the end of the month and we could be looking at a strong end to the year.
The last quarter dropped by 78.6% someone mentioned that was a great time to invest in a company, especially with an rns coming up.
Also with these new glasses that play music would guess 7digital will do well...
Well cross fingers
I have been a long term holder of this share in the past. Originally bought in at 7p many years ago but held an average at 3p so was looking at a 96% paper loss when it hit rock bottom. Unfortunuately I didn't take the opportunity to really top up at that time which would have been the best move in hindsight. I also didn't take the opportunity to to sell for a profit when the share temporarily went over 4p on the Triller news. I eventually sold out at about 1.5p for a 50% loss with the intention of buying back in before the company makes the official announcement of hitting profitability. I believe that annoucement is imminent. If Paul is to be believed, the company will be profitable in 2021 and most likely in the H1 results that must be due very soon, possibly by the end of the month.
I would expect the confirmation of profitability would increase this share at least 100% from today's price and confirmation of a full year of profit could easily double it again. For those that are currently holding, things could start to get interesting from here on in. For those like myself looking to buy, don't wait too long as this won't stay under 1p for much longer.