George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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I agree.
Does more harm than good at times ...
Director buying shares is a move in the right direction but a purchase of less than £3k isn’t exactly a sign of confidence.
You called it again bonker!
As the saying goes “let the trend be your friend”
All good, patience it is then.
Gla.
18s it is ;)
Several blocks of auto 10k sell trades been going through the market most days for sometime, looks like shorting or being walked down to acheive a certain price imo
What, few trades around 1000 pounds.... bots or 2 retails :)
Looks like a large holder is liquidating to me
Into the teens, still no but backs??
Maybe the company do think its going lower, looking weak again...they need to start modest level buy backs...
Dave, as I said previously I don’t think there is much cash in the coffers to take advantage of this low price - I just hope I am wrong.
I thought they would have been buying back straight after the AGM, need to ask the question WHY? Even small value buy backs will be hugely beneficial to supporting the SP. Latest De Beers sight is not great I'm afraid so fingers crossed GEMDs Q2 is OK.
If the BOD don't think it's cheap enough perhaps they should roll up their sleeves and ditch the desk for shovels and picks and find us an exceptional 1000ct diamond, even better if its a pink one...
Commence.
Surely 22p is cheap enough?
Price now up on the day! Capitulation day maybe, up from here...
Really strange action today could not buy ANY below 20p with a j bell when it was 19p to sell(they would take all my shares), small caps are so easily manipulated up or down. I've got as many as I feel comfortable with at the moment but might buy more if they go sub-20p again.
Anybody know
How did they accumulate a 'Net deferred tax liability' of $76m ?
How long can it be deferred for ?
That was the bottom, and up from here..
I’m fully invested here having managed to add a few more.
Gla.
I've been buying a few more today. I'm tempted to buy big with this current mkt cap.
My buy triggered at 19.75p. See what happens.....
They should start buying back if they have any faith as the mkt cap is less than £28m. That could be the cash balance if they find a few large stones. This is getting crazy. Get the buyback started...
Diamond Index under pressure again I see, maybe that's the reason?
Maybe British Bulls got it right yesterday when they said Short GEMD
Looks like someone liquidated their holding today looking at the price action??