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Hi Nate-PI,
Perfect thanks. I understand UT but didn't connect it to the SP showing 136 from 11AM. Appreciate the answer.
Eastwood.
Hi Eastwood,
The Uncrossing Trade at 11am was at 136, it meaningless really, the real SP is still the mid of the bid and ask.
If you google uncrossing trades, it will explain in detail.
Anyone able to explain what it means when the share price is 136, but the bid is 130 and the ask is 135?
I was always under the impression the Ask would be higher than the share price
Thanks,
Eastwood
Agreed, we can’t be too far off some real numbers being reported, then the next up leg up in the price.
I was tempted to sell but I'm not. The sp rose from 90p to 160p on a newspaper article but at least it's made other investors aware of the potential. Come the next positive RNS, it should fly
I am bleeding in this share this morning :-( I think the MMs are having a fun time.
Two bits of news on OTC application and commissioning of Vatomina to 9000MT as expected in Q2 will boost the SP further.
I am happy to ignore a one day drop as the market cap is still very low in my opinion.
I've eulogised on this company already so won't repeat myself, but concur with your opinions, Croqman. I haven't indulged in any selling; I've built up my holding in three slices and am sitting on it; that's my strategy for TGR. Each to their own.
I wholeheartedly concur with your final sentence, that this board remains low key and above all mutually respectful. The egotistical paranoid frenzy which is the norm in some places is not what we need here. Let's keep it civilised! Best to all.
You guys have seemed to miss the goings on. Yes it will take years for a brand new composite to get manufactured. However the recent broker report puts a £2.50-£3.50 fair value on just the mining expansion plans for the flake. No added value for the new wire or hard drive material. Just the business as is. This has massive legs from here for those with the patience to load up and hold. GLA.
Here's a few links..
Increase of mining 28x by 2024
https://www.proactiveinvestors.co.uk/companies/news/946135/tirupati-graphite-achieves-record-sales-in-latest-quarter-946135.html
More mining expansion..
https://www.proactiveinvestors.co.uk/companies/news/946784/tirupati-graphite-set-to-expedite-graphite-project-growth-as-its-raises-10mln-of-new-capital-946784.html
Research centre looking good..
https://www.proactiveinvestors.co.uk/companies/news/944894/tirupati-graphite-appoints-world-leading-graphene-scientist-to-head-up-research-centre-944894.html
The big one for long term... This is no way priced in at all.
https://www.proactiveinvestors.co.uk/companies/news/948374/tirupati-graphite-develops--ground-breaking--graphene-aluminium-composite-as-potential-copper-substitute-948374.html
I have to agree with Nate on the recent rise.
The RR connection is fantastic news, but realistically, how long will it be before anything goes into production there, it will likely be years of testing with this new composite, surely?
A long term reason to hold, but not cash-generative in the short term, for me.
More interested in the here and now aspects, which are also very good given what we have seen so far, and what is expected to.
The management are excellent, communicate regularly (and deliver themselves well), and most importantly, are delivering, but this recent rise was also overdone., imo
I am not going to predict where it may drop to, as it's immaterial to me. The fundamentals are good enough for any drop not to be a concern. I sold a chunk for a good profit, and intend to hold the remainder.
I have no intention of buying back in at any lower level, as happy with my reduced holding, and the average price held.
Happy to sit tight here now and wait for news, of which there will be plenty.
Different folk have different strategies. Do whatever works for you.
Hopefully this board will remain respectful, and fairly low-key for a good while longer yet
gla
Yes, that's a fair comment Framelie, I am negative on the immediate term of the SP, but I'm not short, I'm still invested here. I sensibly took most off the table in the 150's as it had v clearly got ahead of itself.
That said, I don't wish to be considered a de-ramper and this is still a phenomenal company to hold if that's your strategy.
GLA
Yeah, immediately apparent as a *** of the first order
Halifax will take £60ks worth off me right now, no NT or anything.
Really bashing TGR this morning Nate arent you? You wanted £1.20 yesterday, now its £1. Trying to encourage folk to sell to help you get in cheaper I guess. Or shorting? Some kind of agenda anyways.
The commission is peanuts unless your trading with pocket money.
Expected retrace so far today. Could bounce back. I wonder if people selling to re buy later realise they have to pay commission on this. It is not AIM
Quoted first time to buy 30k shares... NT to sell most of the morning so far me.
It would Nate, in Narnia. Not easy to buy right now. No prediction where it's moving right now but I don't think it's there
Somewhere around the £1 mark would make a good re-entry.
Looking plenty toppy for a 4 m profit company.
Alot priced in now on hope.
Just hope it can maintain the momentum.
I've seen companies with more alot less and companies with more more .
The buys vs sells reported here on LSE are often wrong. Many times I have bought shares and my buy is noted as a sell on here. No way there have been 2 1/2 x more sells than shares bought in TGR today and its 16% up, even more at one point. I do expect a pullback at some point soon, only natural. Noticed quite a few on social media and here suggesting they have sold some, hoping to buy back at a lower price again as fundamentals here are so strong. I guess the more that are encouraged to do it the more likely the SP will react in such a way.
Thanks Nate - I will pass on the goodwill.
I forgot to add, and I'm sure you can see for yourself, the chart is also pointing to a move straight from bear trap to bull trap, a MM special. The fundamentals of this business are solid, but the technicals could catch some out if not careful. Again, DYOR
Hi Neavo,
I pitched the same question here earlier today, but it would seem there is no reasoned explanation for it. It is however, very strange price action which is what lead me to significantly de-risk here over the last two sessions.
Here's a link to some quick analysis on the technical aspects of the price action since listing. It would appear to me that the buys v sells activity over the last two sessions, coupled with the breakout on the chart, point to the next period of consolidation.
https://twitter.com/Nate_PI/status/1404879568784269315
As always, DYOR, this is just one mans opinion.
Gents does anyone have further thoughts on the buy vs sell seemingly not justifying the significant rise we have seen? Any help much appreciated. Have been invested in here since turn of the year, great to see this moving up quicker than anticipated.