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Spread is 3.0-3.25p Online limits 25k max at 3.25p. Not much stock floating around.
100K sold at 4.35p. Online limits at the end of the day were 100k max at 4.7p. so Market Makers only giving back what has been sold. Very tight stock.
Entirely up to you Babbler. No apologies required as it is you shares. I've followed Peter Hall and it seems like a very good investment case.
apologies just sold some to get in elsewhere for a trade... roll on news here now lol.
Got to move soon with 2 buys today lol.
11k. I have 1k online. Looking at Peter Hall's other investment is Doray Minerals. That seems to be doing pretty well two. It has a market cap af around £130mill or Aus $247mill. Of the two Peter is already doing very well.
those are the online limits. This could be an Iluka fit? It would get them into an African operation with cheaper cost of ming. Iluka have no debt and have been looking for aquisitions. I did take a look at Iluka and Kenmare yesterday. Kenmare need financing and $75mill has been put forward.
No rns yet... can the rise continue? Will watch closely...
Online limits have been minimal since Peter Hall bought his stake. Overall BSE has fallen significantly and is rising. We may well get a quarterly update which should show cashflows of the company. Debt sorted. Record production last quarter and cheaper mining than other producers. Also looking at Kenmare providing they can raise equity.
Recovering from a big drop is one thing but double bagging with little or no news to support is another thing, def be keeping an eye over here to see what the driving force behind the movement is. May get it cleared up in a rns sometime soon. And your right babbler, after recent rise is a bit high risk to enter just now, may try and catch a pull back if any come. I just missed the start of it. The rise has indeed caught my eye. Good luck guys hopefully something is brewing in the background
5k buy. Blimey Market Makers holding back a 5k buy? What that shows you is that stock is very short supply. Although you see bigger trades going through immediately i.e 22k Market Maker try to make it look like a sell. What is that £250. Stock is in very short supply.
Trade after market at 1707? 5000 sell?
Even after a 16% rise Market Makers offering 1k at 4.75p. Says it all.
Its recovering from a large drop... low freefloat as well... means small buys move this. No one knows what the results will show so risky play but could be a big gain to be had. GL.
can see a lot big investors buying big chucks.... is the results going to show something positive?
BSE than Iluka. So it could be a fit. Iluka is over 10x larger than BSE. Maybe that is one of the reasons why Peter Hall took a stake here. He does tend to be longer tern though. online limits 1k at 4.75p.
"You have to invest and make the commitment before it is blindingly obvious to everyone that the market has turned." Managing director Iluka Thanks for that Rocka. Buying at the bottom of the cycle
yup... level 2 shows 4.5p ask yet its 4.75? After that jumps to 5.5p... here's hoping... dont release results until Friday please :D
I know they were interested in kenmare - BSE would probably be a fit to extent. Buying online is difficult. dyor -
A much much bigger play. Would BSE be a complimentary fit?
Yes it's a risky recovery play. High risk high reward. Calculated risk though...