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.
I will second that ,
Your knowledge is appreciated ,
Lets hope the sellers are finished next week , and stability returns,
This is so undervalued as you have stated ,
Will be adding as and when , have great weekend , see you monday.
Cheers
Morning LC
Very informative posts
Thanks for your research and logic on this board
GL
not seen your particular brand of crazy for a while. Give it a rest pal.
best of luck
Did someone say " if this tanks ? Exactly how much tank do you want ? I'm not sure why this is such a disaster but it is and its track record is horrendous.
This price fall might encourage more decisive action, back in October to check by which time hopefully the share will have stopped being punished and / or the strategic review begins to deliver.
Over +10m shares traded over last two sessions ....
Not in here but am watching and waiting.
Oh and I will leave some powder dry in case this one really tanks ... I am going to purchase some more if it falls by another 20% or so!
Not really ! When these heavyweight institutional investors want out , they will sell like crazy! Once they have got rid of their remaining shares , the price will stabilise ! In the meantime, put your seatbelt on and get ready for a bumpy ride !
I'm stumped as to what's going on here .... unbelievable.
Think a lot of small panic sells
Will regret this come come end of month
Imo
Just can’t believe how bad things are here.
For all money it looks like this is heading toward the 20s.
I agree Sirius! That’s why I topped up with another 40,000 shares
Institutions adjust positions constantly. Fact that today's RNS comes so soon after selling a small number of shares would suggest it's the aforementioned rather than the beginning of a sell off. New strategy announced was likely at request of major shareholders. Would imagine they'll now give this time to hit the bottom line, we shall see. If major shareholders are happy with new strategy directors can assume selling will stop....hence they are buying and would imagine more director buys will follow
These pretty substantial directors buys yesterday and today must be a very positive sign. Directors simply wouldn’t be throwing good money after bad. They know the score in their own company and it’s prospects..
Ok.
In my experience directors buying in FTSE companies normally indicates a turn in fortunes. This is not a micky mouse outfit. Was valued at £3b not too many years ago...Do you agree?
Out of curiosity, why was that directors buy quoted in US cents (51.75)?
Sirius Can you answer your own question? Why do you think the directors bought shares if they were told by a number of institutional holders that they are selling ?
Yes for every seller there’s a buyer but at what share price ?
Sirius Don’t be daft I’m not saying Ophir is going bust ! For the sake of transparency I have increased my position here today ! I am saying in the past there have been numerous companies where the directors bought shares and the company ran in ton other soon after ....
With 2 sellers on the go!?! Great way to increase a losing position more likely
Chairman now buying....good sign!!
nice day to top up/average down, whatever you want to call it... have added more and will now happily sit and wait.
Spread fear, drop the price and load up for the inevitable rise....
Well said sirius
For every seller there are buyers
Just got top up 36.5 so happy days
Think Alan Booth will do well here
Me also