George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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At 08.08 24.9k share’s brought then another 12 k before 10.00 some big confidence in shares or just someone has too much money.
Might be a better idea for next year , just waiting the 30 days .
What is the 30 day share dealing rule?
The 30-day rule for shares prevents investors from selling a share and repurchasing it the next day to realize a loss and take advantage of capital gains tax exemption laws. The rule requires a 30-day window between buying and selling a share to claim the exemption.
As the financial year ends I was thinking of selling and buying back at similar level to have a loss to put against gains elsewhere .
Unfortunately this product is not available for trading with my broker. ( you can sell )
Would that idea work or do I recall a 30 day rule ?
Quite heavy selling today but that has hardly moved the selling price. Are the MM's stocking up for the possibility of good news around the corner?
I've bought all the way down from 5.54p and currently average 0.93p. I can wait for the big bounce.
Obviously you meant 0.90!! I'd be a bloody multi millionaire if it went to 90p having 2.5m shares!!!
Here's hoping one day it does!!
That’s why I signed it to flush the frauds out !
Bought this at 3.00p some way to go before get any profit!!
Nice to see some positive news .
So many in my portfolio are the same just crashed since covid …
Gla lth getting some return
Shortsellers flush the frauds out and expose lousy management, why would you sign this
Somebody posted this link on the HE1 Chat board, it's a parliament petition to make short selling in the UK illegal.
If you agree follow the link and sign up please
https://petition.parliament.uk/petitions/657294/signatures/new
Sorry I missed decimal point should have been .90p that I was hopping share would reach today.
Hi Kiwitwo,
90p ! That might take a while!!
0.9p possibly but it has to be twice that before I break even here.....
So far this new ceo seems to be cleaning up, hopefully this trade finance will close soon.
Maybe wbi will make money one day
Some people have invested big money today,hope share price reflects this by heading towards 90p.
Blue
I read the RNS as being positive and being proactive. Hopefully they got some value from the sell off and can put it to good use in its core operations and generate better profits!
Getting rid of non core non profitable assets is a positive in my book.
Mate, when has it gone well in the last 9 mths!!!!
Todays RNS, about disposing their Mozambique interests! Alledegly xxx & yyy, knew about this prior?
This isn’t going to go well today
MM's hoping shareholders will get the willies and sell cheap.
Manipulation. Buy low 0.70’s sell near 0.80
Typical. Anyone know the reason for the drop?
No - I just sit on what I bought years ago, and hope for the best. Can't be bothered with timing sales and buys, to take small trading profits here and there. Too much hastle.
Did you load up? Wait for the inevitable droop then load up again.