George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
99% sorry!
Those underwriters of the next raise and indeed anny / all previous raises are not in the game of holding a position Stas20, that is the principle reason that they want a significant discount to the prevailing market price - so they have a very good chance of getting them away in the market quickly and with a material upside! It helps if market sentiment is very positive at the time of the raise as getting the shares away quickly without a huge impact on the sp is an easier prospect. THAT is why the 0.25 raise was a such a huge discount - He1 was, at that time, a hot potato and at risk of going tits up if the drill was a failure....
909% of the shares isssued with the next raise will be sold back into the market and many of those before the underwriters even receive them! Wgicj is why, more often than not the sp of a share typically falls back to the raise price or just below within a few days / weeks of the raise; after that the underwriters cannot sell them at a profit and so may sit on them, or even sell the remaining shares at a loss, compensated for by the many that they sold at a profit
It will drop but there will be a bounce there always is that's how the market is lm glad I was in at 1.3 fingers crossed GLA
Anyone got that sinking feeling?
I'm afraid the next support level is 0.85 unless news lands. Fed up with aim shares. Needs continuous news flow for sp to rise.
👃👃👃
A whiff of news and this will surge...
Fair comment Ssccss 👍
Sorry Bill, yes you are right, there are no absolutes. However, we all deal in probabilities. Some of them very high probabilities.
Well it would seem that everyone that took those 2,420,842,500 shares at 0.25 have been selling into the rise and even now they have hundreds of percent profit still on the cards, I expect when they received their 72 percent discount on the previous closing price of 0.09 pence, they couldn't believe their luck when they were awarded with hundreds more percentage on the huge rise.
I expect we will continue to see strong selling up until the point they have pushed the price down such that HE1 consider they really need to do another fund raise (not sure why they didn't take more at the top). The large investors greed will have got the better of them, Cantor will be chomping at the bit for another round and they will certainly want a repeat of the last which means maximum discount against a later maximum rise.
Hi Ssccss, You maybe right about it going below 1p....but it isn't a certainty.
Also, it isn't a fact that the price can't hold.....your assumption maybe right and it doesn't hold. But it took a couple/few days for s.p to rise to levels similar to now and trading stayed well above these levels for a lot longer.
The playing field has different players on it now.
Of course we can get news at any time...... who knows.
Disagree, the trading pattern suggests coordinated shorting 100%
There doesn't need to be any deramping. It is a fact that this price cannot hold without news, as evidenced by the recent and ongoing drop. Nothing controversial about that. Blame it on derampers if you like or you could open your mind and entertain the possibility that there are alternatives viewpoints on what will happen to the sp... I mean honestly does everyone have to believe every share not matter how rubbish, is only ever going to go up...
Next week with the new tax year fresh new blocks of money will be flowing in here and could expect an upward surge :-))
Couldn't you have said something a bit more original ssccss rather than use the same rubbish as the other doom and gloom merchants. A really poor attempt at deramping. When you say Unfortunately, this is definitely going below 1p now. How is it you speak as fact?
If it does one will just buy even more at a reduced price because anyone with an ounce of common sense knows what the potential here could be and for a very small outlay
Unfortunately, this is definitely going below 1p now. Too long to wait and too much uncertainty. Plus, everyone knows it was in the 0.2p range before it spiked...so there is the imaginary floor until news.
Coordinating shorting ....