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And the rest! What do we think a fair market cap is for a company sitting on these sorts of reserves? An order of magnitude or two greater than £1.3m as it currently stands, surely?
If good this could multiply 2/3 quite easily
If assay reslts good this will explode...look how quickly it moved yesterday. Any day in the next few to find out. Zoom zoom
Couple of big sells today but we had an excess of about 14m buys yesterday, SP being moved down on not very much at all.
Could be the thought of news or the fact we hit the bottom plenty of upside you would imagine
another 1 million buy ok hand up whos having a dabble
2 million buy!
yes seems buy full ask id laugh my socks off if TECK or the other miner nearby cant remember their name make a JV or bid well overdue IMO
I only have a very tiny sum in here just for the outside chance UFO pull something off
Someone is expecting good news to drop any minute. RNS tomorrow morning?
Hopefully start to get back some of my losses here gla
Assay results shortly...
do i dare to get exited?? lol
fingers crossed
Starting to twitch ?
Went,
That's all very interesting, nonetheless, regardless of good or bad news the market works on buy V sells and not some underlying news that may or may not be about to be released.
Usually the market knows in advance, as do certain individuals of upcoming news be it good or bad. UFO share price is only reating to minimal transactions currently and there could be a liquidity problem due to the broker situation.
Mr T
Unfortunately the market does not work like that, when a really positive Rns for any company is released it might rise anywhere from 20% to 300% depending on the actual facts behind the news and how the market anticipates it.
So in the moment that news is released the value of the company will increase or vice versa if it is negative.
So the price increase or decrease is not to do with how many shares are bought or sold, your point in question.
So if there is underlying news about which is not yet released, the value of the company might decrease.
Only my opinion of course
its a joke bud
There were days 3 weeks ago of 20 x buys to sells and still it dropped then as well
60% down and from over 6 to 2 . So no point selling but seen so many 5-10% drops on nothing completely corrupt and killing the m/c on nothing
Went,
Forgive me, but you are wrong. A share will only go up or down on the day's trading, not because someone thinks there is some underlying news, whatever that is!
If there had been no trades today, the price would have remained flat.
See also recent posts by Allen by the sea.
Currently there is no interest in UFO shares for one reason or another, as soon as interest returns then you will see some action here.
Mr T
This is not down 12% on any trades, it is down because as usual on AIM there is underlying news about , which we are not privy to . Until the actual news is released we will just have to wait.
Just my opinion of course, what do I know.
Down 12% on £200 quids worth of trades? false drop anyone?
Hang in there or buy at these low prices, do not sell!!!
Mr T
Cmon don’t be sad. Wait until price of silver cross 18.5-20$ and watch it explode. If you check history this is what happened 9 years ago.
i think this will be last AIM investment.