Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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But they can't hold it down forever given the inexorable improvement in the fundamentals. At some point there will be a break through, it's case of when, not if.
GS have been manipulating this share for a considerable time.
'The Count' wont be able to keep it shut for long !
Yeah, currently treading water, hopefully it’ll ping where we want it. At least the count has shut his trap... for the time being.
Exactly TR61 - Iran wants to cause maximum disruption and they know now that surplus stock is used to its maximum, any further disruption will have more dire consequences for sure
Maybe total coincidence again but Goldman Sachs had a Holdings RNS couple days ago, as did Morgan Stanley.
They always floating around at times like this.
Oil is eerily staying in a very tight range, waiting for it to ping either way quickly.
I don't think anyone can call which way this will go, unless it is just a pure stab. I don't think Iran will sit and lie down, so after a period of calm, they will be up to their tricks again....
I don't believe that day (PI) traders can keep the SP down to the extent it is suppressed far below its true value. Forces far larger are at work , nothing to do with it being a Friday imo.
Day traders selling up on Fridays. Good money for the brokers.
I have a £2.00 target here before my broker makes any money out of me lol. Next year sometime ?? If we don't get another 2008 crunch !! GLA
Last Friday ( before the KSA/Aramco attack) :-
PMO closed at 85.28 and Brent closed at 59.71
Now: PMO is 88.72 and Brent 64.03 ie up $4 !
C'mon PMO you can do better than that ?!
Hence farm out as per update. Cmon SK keep up with the programme.
No SK...Keep Cat, farmout SL
Oh.... they doing that lol !!
But Zama sale will see this 120p + imo
In meantime highly profitable and debts evaporating