Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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jtd............... well anyone buying for the last few days has done better than the 25p placees..........I got a wedge at 23.8p, and it has made a tiny dent in bringing my average down....... I decided to see how it goes..... looking forward to tomorrows presentation.... B
yrabsmurruc - you summed it up nicely there - non of us know, but I suppose on the positive side of the account is the fact that no investor was pushed into partaking in the capital raise or be wiped out (didn't give us much of a chance to buy in any case ) so most should be sticky shares.
We need to just let it unfold and not worry about who is selling. There are bound to be sellers every time the SP rises, it's the "appearance or not" of buyers we should be concerned with, PI's have been stung and will be reluctant to buy. The CEOs and broader team need to generate some excitement about the future, to state the obvious they've delivered nothing but Sh*te news for a protracted period and that needs to change. The presentation is the first chance for the CEO to shine, lets hope he's improved his presentation skills - he comes across as a natural introvert who says the minimum he can.
My hope is it will follow the trend of other deeply discounted share issues and bounce back over the coming weeks and months - there is no reason it shouldn't.
Whatever the case though no one is at a profit. Hence why I was expecting a bit of a run up. I reckon if the presentation is positive and there is some light at the end of this extremely dark fraudulent tunnel then I’ll hope we get back to the 30s by the end of the week.
yep..... some definite kickin and screamin going on with these shares.... volume picking up towards the end of the day, just like last Friday..........some getting on the bus others getting off..... nearly a 100M shares from tomorrow..... of which at least half are sticky..... the other half dunno...... could be a rollercoaster for a few weeks......B
And there you go sold to oblivion
Quite a few chunks on Friday and now today offset buy
Some nice buying. Insider sellering for certain. As soon as some buys appear there goes the dump