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I'm surprised the so dropped today !
I woukd have thought it would have carried on upwards based on the positive news yesterday.
If the market truly appreciates what is at stake and where Clon is positioned in it then surely the sp should be continuing northwards!!
I know there are traders and sellers but buyers should be prominent here going forward to the next news.
Let's see where we go tomorrow. I fully expect a blue day and I believe this should reach at least 0. 10 pre next news if this is as good as it seems!!!
Mr T
Lots of us said yesterday that the SP would slide downwards again. I think it is quite reasonable to expect the SP to drift while we await further news.
What I can't understand is why ,if this is such a winñer then why isn't the market taking note?
Yes I know these small stocks are volatile and attract mug punters who trade for a few percent here and there, but, in the past news of a really positive nature, would see a sustained rise in the sp particularly as the sp here is at an all time low and we appear to be punching way outside our MC!!
Either the market is not convinced or something else is at play?
I guess we will find out soon enough as the next raft of news us not too far away.
I still expect a sustained rise now leading up to the next milestone, starting tomorrow so let's see if I am correct.
Mr T
I'm expecting a steady slide in SP as people get bored and head elsewhere to try to maximise returns by hopping between small shares. This pattern will continue it seems until we are actually established in Bolivia.
Could be expecting the wrong thing middleagebloke.
Mr T, if you have read my previous posts the answer is clear to your question. The company has no history of success. Despite being around for over two decades little has been achieved. The market has low confidence.
Even note the quote by the director of nextchem - he does not appear awfully confident
This is not a deramp as I am heavily invested and desperate for this to succeed. However I am not that confident especially based on the recent disaster and PETREL where DH has been a disaster. He now refuses to answer calls and reply to emails which is very worrying
@Pauly80
I'm not sure it's a lack of confidence, I think he was in a bit of a 'rush' writing the news release, factually it's inaccurate.
It was put together in haste. The pilot is Phase 4, not part of Phase 3.
Pauly, You have to read between the lines a bit here, no one wants to appear over confident.
Trust me they are pretty confident.
Pauly
Agreed, but if you think back to Sassanoff the sp took off over a number of weeks in anticipation of the outcome.
Here the sp is a damp squib, almost no reaction to the so called dramatic news, still sitting near all time lows?
I agree the company has a record of disappointing everyone ultimately which may have a bearing on the disinterested view of the market!!
Still if such a great prospect as many and the company appear to promote, why no market reaction?
I would have expected this to have risen daily this week and be somewhere approaching .10 still valuing us at piddly amounts in view of the vast potential here? A higher MC would undoubtedly add to our financial credentials.
Something doesn't sit right to me, but as I said earlier we will find out soon enough.
I suppose the mantra has to be hold or add and cross everything hoping for once DH will deliver?
Mr T
I hear you Mr T and yes I really expected this to rocket to 0.15 very quickly in this news.
We forget that for so long the so stood at 0.50 then seemed to stay for a while at 0.20. I didn’t think it would be possible to drop to as low as it did and still is but I guess after so much failure it’s probably a truer picture.
Yes it does surprise me that the so is what it is after phase 2 and to be honest I think the so would only jump IF we are awarded the actual contract in August.
Fair enough eagleeye though please ensure you are no too trusting of DH’s reassuring emails to you. I am assuming that is what makes you so confidence. He has fooled and deceived many of us and made us feel special before he dumped us and is now not even replying to emails.
I draw my conclusions on whats going on from news and RNSs and whats been going on over the last 15 yrs, like everyone else im suprised we are so low, however it will come, like Mr T says we should be at least .1, their are a lot of nervouse traders about and rightly so, but I do feel alot of investors dont really understand whats going on here and the potential this has and some probably don't really care they just want their 10%.
Maybe some meetings taking place today and hopefully a better sp later..
First thing JV getting announced or letter of comfort then sp should be building on the progress
For me Clon is a good bet at this juncture..and I am more confident after the recent what I see as a great RNS.
GL holders
Next placing price ?
I am thinking maybe June at 0.033. Has to be lower to attract new investors,
34 million buy just now? Nice.
What a pen*s
Well, some people believe a pen is mightier than a sword.
Or have I misunderstood your question Franky?
Flatliner could you please do as your name suggests and go into cardiac arrest? There's a good girl 👧
Newgrange - Flatliner could you please do as your name suggests and go into cardiac arrest? There's a good girl
Not nice at all, wishing someone to get cardiac arrest, grow up and he/she is free to past what they like within reasons.