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MM control the spread so pull sp ask right down and make it all look very red hoping to spook many to sell and attract many to buy they get paid both ways .... shame on any who panic sold but you learn
haha egg. Me too, im already invested and holding until 2030 or so.... rising PGM and good dividend to re-invest. Hoping for £4 per share by 2030....?
I'm just saying that if i had seen this this morning (lie in too!) i would have put in some / most of my rainy day cash fund that i dont use for shares and made quick profit before selling ..., hey ho
How do MMs manipulate the SP? They just sell big and then buy back in at lower price?
Me too! Got a mild dose of the 'rona and treated myself to a lie-in. What a day to choose, ha ha.
(I am joking. Sort of. I'm here to hold)
I'm just annoyed that I wasn't around at 08.00 could have made some easy money- quick £5k in from 96-98p and sell at 110p.... quick 15% and Christmas almost paid for....
The way the SP gets manipulated outside the FTSE350 should be investigated.... some insiders are making a lot of money
Hahahaha you couldn't make it up. What did I say?
This will finish at £1.10.
Ex-date: 28 Oct / Paid: 3 Dec
Managed to get some at 98p .. nearly double my holding …. That was just ridiculous and shows how much MM,s control and change things in the blink of a eye!
Seems like a scramble back in again now.
Oh that last ten minutes was sooo much fun! I haven't enjoyed buying so much in years. Thank you market
Let's watch this finish exactly where it ended lastnight :)
I have managed to get some right after the opening. The story hasn't changed, we know PGM are lower atm, the outlook into future hasn't changed. Plus MMs wouldn't be themselves if they haven't catch some stop losses of a good stock when they have a chance to justify the drop :)
As I said MM games, also in the RNS 'The decrease in basket price and lower ounce production resulted in a lower trade debtors balance quarter-on-quarter. The impact of the lower Q1 ounces and pullback in the basket price will only be realised in the cash flow in Q2.'
Buying opportunity ahead of ex-div (4p) on Thursday.
GLA
Can someone pick me up another 500,000 of these. I'll wire though the funds via western union and they shall reside under your name and in good faith. If I buy i will likely need to declare my holdings :)
I am trying to buy some more but it will not let me atm
What a gift! Ho ho ho.
Wow. Never fails to amaze :)
Sell your cheap shares. Plenty of orders to fill at this price :)
Let's see if it ends the day back at £1.10 as it should :)
Over 12% drop this is over done
I'm not worried. It is past the worst and will likely only rise from here on. Today will, imo, be a buying opportunity.
My question to you would be; Rhodium will continue to rise through the end of this year and long into next. Along with Plat and Pall as the chip shortage irons itself out. Then how worried are you about said impact?
Car sales in the middle east (2021) are at their highest levels for a decade.
I find it extremely valuable reading the proxy opinions of others and how they interpret results. As always, there's a plethora of ways of reading things so it's all good. It actually helps me assess my position and that of the way others see this stock :)
All good.
Pretty much what was expected for the Q1 report.
Negatives:
Production down 3%, as known, due to disruption at Lesedi.
EBITDA down due to price of Rhodium.
Positives:
SLP expect to still hit FY targets.
Expenses reduced.
Liberium report an expected special dividend similar to last year of 3.75p. Target price of 170p.
Chip shortage expected to be resolved soon which will up the demand of Rhodium and therefore the price of Rhodium creating higher profits again.
I wouldn't be surprised for a down day today based on the negative news, even though this was expected. Overall I expect the sp to steadily rise from here for the next 6 months.
LTH but I also reckon they'll try open 10% down.. usual mm shenanigans.
Bazzaman, you're a funny one :)
Cash flow to be impacted in Q2, from the mountainous pile of the stuff they already have in the vault?
You're smoking brother :)
I was thinking that Bazzaman … but then I am usually wrong … but I may take my profit in from 87p and been adding up to 106 ish
Looks to me like the MMs will mark this down on opening, any opportunity to shift it lower and with cash flow to be impacted in Q2......
GLA