Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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................Seller <<<<<<<<<< has popped up again today at 13.31 --slightly worrying despite the rise yesterday unexpectedly in the absence of any concrete news still though perhaps because of that rise --otherwise the increasing news flow from H&W by Social Media is most welcome and thanks to all for updating nearly every day now ..as you say no need for such to be by RNS as they do cost quite a bit to prepare and publish obviously !!
Good post dawski37 but they may have been able to stretch to an RNS following todays H&W update but either way its an improved news flow.With regards the ML I suspect that it has got totally bogged down but I hope we have an update this quarter with resolution.In the meanwhile I am saying 'Hold'.
Chrisatrdg, I would say folk have about 1 week to get in at this level, maybe less... The PR machine is starting to operate and it is not a coincidence, but more of timing it right to get momentum in place for an announcement. AIMHO
That was yesterday Dawski
I agree Dawski that that 77k sale @ 13.31 is worrying, and a lot of us who have maybe been invested for a while might find a sale like this difficult to understand, especially bearing in mind all the 'potentials' that are floating around at present for INFA.
My average buying price is low 60's and with the potential as i see it for INFA, then i'm here for a multi bagger (hopefully). What we need to remember though that only 6 months ago the share price was just under 20p. Some of the sellers here are on 100% profit, if they came in at those prices.
Now if the share price went to £1.25 (and i was UP 100%), would i be tempted to sell myself ? . . . . . I don't believe I'd sell up, but would i maybe reduce my holdings to crystalize some gains ? . . . . . It's a very possible maybe !
Hopefully this might be a case that the seller is someone in profit and wants to crystalize a gain, rather than a longer termer deciding the prospects aren’t as attractive as they’d like, and they've had enough.
If we knew the seller and knew their remaining holding (if any), it would be easier to know whether their sale was as negative as it first appears. Ie, if they still held several hundred thousand left I’d be less concerned.
I remember and old investment broker once saying to me in relation to buying and selling shares ‘you’ve never made or lost a penny until you sell them, it’s only a paper loss or gain until that point’.
Maybe the seller was wanting to actually make money with this theory.
(I just re read this post, and goodness I do waffle sometimes, lol. Hopefully some of it might make some sense)
TTNY, It Might be Dawski selling..... food for thought!
Ha Ha !! Good one and you could be right as profit taking is what we are all about ... sadly I am not Mr Big nowadays and am here for the long term .. like you all ?!! Salivating over the prospects for off shore wind farm work including new floating structures!!
There was also a sell for £56k on the closing bell on Friday.
Just comings and goings. Nowt to worry about. imo
Plenty of bigish buys to soak 'em up.
But, 13:32 seems significant to someone.