Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Bought another 5K at 101.14. I still think it is cheap with potential to reach 110-120 range fairly quickly. Fingers crossed. GLA.
Excellent retail sales figures today - smashed all analysts estimates - all those shoppers going into the cities/towns, a lot of them need the buses to get there - onwards and upwards for the mighty SGC - Looking for my 120p target pdq
gla and as always dyor
It has been moving in the 100-110 range. Anything close to 100 is a good entry point. Among the least risky recovery stocks. Should be 110 in a few days I hope. DYOR and GLA.
Yeah I topped up at 101.16 this morning (including stamp etc). The easy money has been made IMO but I do believe there will be a rerating above 110p fairly soon.
Ouch, been hit hard today due to the owner sell off. Great chance to top up at a low price as will more than likely rise again throughout the year with things being lifted.
Must admit I didn't see that coming but agree a good time to top up - will wait till the dust settles and add - overall narrative of UK recovery has not changed so will continue to add
dyor etc
Institutional shareholders have taken up there shares can’t be that bad, not sure why the big drop? Or am I missing something else
Not what I wanted to wake up to.
Just re-joined SGC with 10,000 at 93.5. Hope I didn't catch a falling knife!
Guess it just doesnt look like the owners have confidence in their business if they are selling off large chunks, whether they were picked up or not.
I think they still own 25%.
They plan to reduce from 27% to 5% over the next 10 years. No real issue, it is just a way of re balancing their investments. The money is needed elsewhere and the fact they are reducing in no way reflects any issue with the business. A good buying opportunity once the dust settles.
CHRI55, if this was expected, why did you buy at 100p.
It's not a good sign, that is why the price is down today.
The price is down because the ftse has been down the last week
THRILLER,
"The price is down because the ftse has been down the last week"
Not sure where you get your data from but SGC is down 11% in the last 2 days, the FTSE is up.
The ftse is barely up many company's share prices ain't really traveling upwards at the moment