Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Well, going off the trading / PA & how well it's held up, can't see it not moving again in the (fairly) near term, we'll see mate.
indeed..well done!
you may be right here...though the info is sparse
Cracking result on MCRO... :) hold for gold & a fat divi.
Just topped up here the block buyers starting to flow in again, reckon it might move up another leg soon.
Good man.
Re here, Doubt it tbh (ofc is possible) ... has only traded at less than 14p for around 4 weeks (October ) & volume was relatively low so I can’t see many sellers down at those levels & pretty sure most buying are in for a turnaround / investment not a 40% pump ?
ALT has managed to weather the storm without any dilution, increased gross profit 250%, debt free, £2.5m cash in the bank, £2.5m of sales secured post period end, operating profit* of £0.5m (2018: loss £0.9m), an increase of £1.4 million, operating cash inflow before changes in working capital of £0.7m (2018: £1.2m outflow) an increase of £1.9m
It was trading over 50p less than a year ago & over £1 less than 2 years ago... the ups side and reasons for holding clearly outweigh any reasons for selling.
But hey wtfdik
yes...I've bought/sold a little over 215-245 range (hold 580)
here...back down to 12-14p?
Jolly - FWIW after looking at the most recent results of MCRO in more detail, convinced its a bargain mate & with a 3-7% short to close....
Good day sir. how are you?
Couple of years out, a severely turbulent 3/4 years it has been... that's enough of my sob story, lol.
Back full time trading... all's good. You been winning?
Cam, you back in the game ? I thought you'd given up ?
Well we got some sellers.
Doesn’t look like they are getting let back in any cheaper.
18.4p for £2.5k & 18.8p for £5k
Considerable lack of sellers given most people who bought near the bottom did so for the long term...
Reckon we will see high 30's in the not to distant future, worth sitting tight.
18.33p paid... still no sellers... hardly any shares available to buy online... makes you wonder if we will smash through 20p and on to the 38/42p zone over the next few weeks.....
20p seems to be an easy target in the near term. Any update confirming business is returning to normal will see the SP going a lot higher.
Ask is rising on no volume. Just asked for 17.9p for £5k. No sellers.
we look on for 20/21p this week.
Looks like far more than just a bounce, a lot of block buying yesterday of 100,000 lots which could continue at any point.
MMS always expected to play the resistance (which is where we are) & still very limited selling.
oh no I don't lol..
you clearly haven't filtered me (you usual ******)
I'm selling this bounce...gl, all
Bit of resistance at c17p then 20/21p.
Once that breaks we should have a decent run back to 40p - seriously short on sellers & marginally off the lows, really means only one thing.
No sellers @ these levels at all.
mcro & alt both trucking on.
Don’t spend to much time being a window shopper jolly. Lots of value out there to be had.
Jolly good :)
Timing is the most important dynamic to this game, no doubt about that.
the 5%+ spread puts me off...for now
#watching
ALT looks like a buy today from these levels.
Got ya for sure.
Fair point, silly high overheads for the company given it would normally be operating from the high st but are trying to trade in the online space (which has tiny overheads in comparison), also online a very hard market to get a slice of given Amazon dominate pretty much everything.
& I guess let’s be honest it’s not the most forward thinking sector either eh.
I don't dabble (typo)
#notaninstruction lol
don't dabble with retail esp bricks and mortar..
one of my concerns (on 2 min speed review) wd be v high leverage (those pesky lease liabilities)