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Built a nice position here over the past few sessions......very easy buy and hold from here.
Same here and I will derisk on the way to the drills.
I do continue to question the seemingly constant selling particularly the 250k ones
Sitting tight as am completely peed off with it
Would anyone care to speculate who is dumping shares likely to be at a loss every day?
I think they have set a lowest price of 1.5p
I know Len Bernard sold a few that he bought at 1.40p. He is hoping it drops so he can do it again.
Why would you do that???
I can’t see it dropping much lower
5 million if you ignore the cash is an absolute joke and a bad one
Mike.
No complaints from me. The lower it goes the more I buy
Nothing is likely to happen this year so people sell up to make some money elsewhere. Trouble is we are in uncertain times and a bear market.
I got an average of 1.6 but will add anything sub 1.5 and funds permitting.
I am hoping come summer price should be closer to 4p. Is that realistic?
Loz
Mine is similar. I have no clue on price in the summer but 4p is realistic.
I am taking the same approach here as I did with MATD last December after the duster.
Buy heavy now and sell as the SP rises. I doubled my money on MATD and I hope I can do the same here and get out before drilling starts
Thanks Superoty,
Happy to hold this till summer and get an 150% return, all going well. Your thinking is similar to mine but I normally top slice after spud.
Matd did great rise and the ones whom got rewarded where the ones whom brought at the lows and got X3 their returns.
Fingers crossed same could happen here!
150% return will do me fine
Trouble is everyone tops slices on spud and I often find the sp falls and you get less. All depends on COS and sentiment.
I love the selling. Enables me to get in cheap. It may go down a bit more but that will make the bounce stronger. Seen this before many times. That is why I have accumulated a big holding.
Day after day of selling
But who is buying?
The selling will suddenly stop and investors will be scrambling to get in. Seen it all before. If you want a big holding buy now, sell some when others are buying and keep a few for a free ride. I have several million and happy for this to do nothing for six months or so. This method has made me a lot more than trading and chasing rainbows. Good luck.
Roty. We are on it. Thanks
I don’t understand the constant large selling with no corresponding large buys
Who and how is picking up the stock under the radar?
I think that million trade was most likely a buy
Can’t get near that price myself
If that was a buy someone is bailing at a loss imo
Not me. The last buy is mine. GLA.
I can see this kicking off in Jan when presumably they will issue their plan for the year. Another farm out should cause a spike.