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DJENKS...
You may know or not know.
Incase some don't. Educational only.
If placing an order. Limit stop or limit.
If it caps. Your order may not trigger. And if it comes back down it may trigger.
A market order can excute any time. And if its moving fast. You get in higher. Known as slippage. Buy if its dropping and its excutes you get in lower. But the price might still keep dropping.
As why I play smaller punts. Parcels of shares to lower my risk on profits and loss to try balance out my play.
A.B
DJENKS. Happy to help, only educational.
Please do not follow these strategies. If so your playing at your own risks.... as this my game plan only.
Every one has their own game plan.
Unfortunately nobody knows when the RNS comes out.
So If your trading long or short.
Short does not mean short betting the stock. That's cfd.
What you have is RSI. MacD. Bollinger bands. EMA Cross over indicator..tools etc. To help make decisions to your trading but not guaranteed.
Ema cross will have a long play line and a short play line from the share price if moving up or down. You have to go learn how they work. You might already know.
I would set lines to think where the next price will move to on long candle wicks. So long candle stick red drop. Lower. To green long wick higher. This gives me an idea where the market may move but not guaranteed. Because they are the last longest trading volume indicators.. mins, hours, day etc.
So instead of me throwing say 150,000 shares at one price. In hope. Idea set limit unders Lower and limit stop orders higher to where the share price is at.
So through the minutes, hours, day or week,how you want to play it.
Example...
So if I set say 10 small parcels at 15,000 that's 150,000 shares. Average out, as you please your own money, differ sizes optional. More Lower less higher.
I'd look at the price, look at the RSi, bollinger yellow line middle range. Once it's at the yellow line. How playing it. So if minute or hour days etc.
I'd set 5 limit stop orders higher than the yellow bollinger. Set 5 Lower at limit orders. Of the the yellow bollinger. All being equally averaged out, as I dont know the movement.
Moves down it picks up limit orders, it moves back up to pick higher limit stop orders. With that I'm hoping on support from the other traders. To follow as it moves up. So basically I'm averaging my risk strategy. I'm not throwing my lump figures at one prices.
Price montering comes out, auction kicks in. And one of my orders is in at the time. As you have to be in before not as it comes out.
If im in with 15,000 from one of my 10 parcels. I go in the auction. 10,000 go in SETSqx as the trade equally cross over and the other 5,000 goes into the order book SETS.
I try follow the movement of the shares price and let it pick up smaller orders low and high. As I know it moves around to pick up orders to put in the order book. Once the orders go in the book. It then works out all the buys and all the sells. And moves the price to the average it worked at as the share price of the min, hour, day.
Because you don't have a crystal ball lol. The price can keep moving down. So I decided to take my loss.
If it moves up. I then take my profit.
As known your profit/loss.
Unfortunately nobody knows how the market will move on news, no news.
So I'm basically montering my risks.
Orders can be as Low as your desire or higher.
A.B
DJENkS...
I'm not 100% sure but if you Google. A share price monitoring extension. You should get the information there.
It's an uncrossing trade.
Usually you see and RNS issued.
The market on the spread bid ask offer. Closes. You see it if you see the bid and ask prices on here. When the RNS comes out.
If i am correct. You can put an offer in on shares at the same price equal to ask and bid. So if i was selling my shares in auction. The is no ask or bid price. You buy mine at same price. I think not fully sure.
There is a time limit. You have to been in at.
Then a time it enters in to the order book.
If buying say 15000 shares.
10,000 are matched at SETqx but 5,000 then go in the order book on SETS.
It's something like. You will have to read up on it to understand it fully.
I'm not fully clued up on it sorry.
But hope that helps out.
A.B
Il go then... sorry. As I know I'm not liked...
Good luck to everyone.
A.B
The theory of GR. His last RNS.
1. To attract more investors.
2. To raise more funds to run the company for the next year. Or so.
3. So it helps the company performance grow.
4. It keeps the trade moving in a formation pattern. So it can trend say 5% -10 % then retrace. So it's tradeable. It's not floating on the stock market for no reason. GR might as well of just made it a private enterprise to private investors otherwise.
5. The company has to have funds to pay wages etc. Hence shareholders and more.
That's basically how it works.
The thing is some people don't understand the difference between trading and investing.
If you been here a long time in this share. You will notice it has periods of buying then it sells off the buys back. So eventually as time goes by more people get to know about the company and how its performing. Which is why everyone wants in. Because the company has cleared its big debts. Now growing bigger as we speak.
The company has built a plant from basically nothing.
To now producing. And it's has future potential to grow massive. But may take time. So unfortunately as we grow bigger. More shares may have to be put out.
Please understand your here for the long duration as an Investor. So therefore will be times it will retrace and move back up. That's how it works.
When your trading your just buying small or big parcels. Through a cfd platform. You do not own the shares. You borrow and return.
When I invest. I agree to loan my shares out so they can float on the exchange. So there is a trading of the shares. It allows people to make money. But has bigger risks attached to it.
So please try understand the difference.
We are growing bigger. So we unfortunately probably need more shares issued. But nobody wants that because unfortunately we have a small drop and it can freak investors out. That's why really I didn't like the timing of the issue and was shocked to see it.
Please I don't want people to hate me. I'm just trying to educate folk how all works.
But we certainly don't want SH*TE media jargon in our faces to try put us off. It's out of order. Some are jealous because they missed the time getting in. So they do anything put you off etc. Because they want in.
I apologise If its all came out a bit the wrong way. But I don't want to see idiots broadcasting articles in our faces. Like the one I seen. It annoyed me. And I wanted to let people know if you see it. Ignore the noise.
Unfortunately we might have a bit of a dip. But it will eventually move back up over time. It's normal practice. Go back over the years you see what i mean. And also trying to calm the market. The idea is to buy in at the dips.
So please try understand my point.
Prem is doing a fantastic job. It's come this far. But might have some little hiccups along the way. Which is normal. Just be patient and let the company grow over time. With a nice trading line showing on the share price.
Ok folks. let's please set this record straight here!!!
You can call me what you feel fit.
Then I want to put this to bed and move on.
Im on your side.
Unfortunately it's out of ours hands and nothing we can do but except the decision from the last RNS.
I didn't even know about it. Until I went to log on. And seen this article. Which was right above the LSE search. When I saw it. I was fuming. Because if more want to invest in. Someone has posted it there. So I was trying to let you know. Its jargon rubbish. Trying to scare us.
What I am trying to inform people here is....
I know what the MMs are trying to do to us...
They are forcing us into a decision. A corner...
And what I was trying to get across. I've seen it many times from social media articles.
Now few weeks back. Lots of articles about prem and kodal. And they have progressed on gains.
Unbelievable how they have moved and shocked everyone.
Now because of the high demand for these shares. Every wants in. A piece of the action. So whats going on is... FOMO.... so the share price is pushing up but struggling to pass the support level. Through 1p. I said a few weeks back it will settle around 95 maybe hit just passed and pull back. As it's in consolidation.
The more people are buying it. It wants to push through. As why when I saw the post " stingy MMS"
Also i mentioned look at the graph above, its telling you what's going on. It runs up trending from the 07.
If you look around the 07 you see a letter small M formation.
This is a normal trading pattern. From then it it trends up from demand. Hits 095. Then drops back at around 085. That was probably a tree shake. Then it moves back up to 095. Then it pulls back. Now from the last pull back. It's supposed to slowly trend down. Known as cat bounce. So the market cools off. Slowly trickles up buying and selling. But what's happening. Because of the demand, pushing up. This is making the MMs nervous because its causing a possible short squeeze if they let it go. And everyone jumps at it. It will rally out of control. Unicorn. Straight up. And it could hit 3p 4p then pull back to 2p nobody knows. Higher. As why I said look at powerhouse energy 3 years ago. When they first built their plant.
But it will have to come back down over time to correct its self if it ends up burning cash. 3 years.
It's normal behaviour of FOMO.
So this is why your comments are about stingy MMS. And probably short of trading shares i mentioned.
Because if it FOMOs. The short bets get forced to sell and buy. Gain back their losses. Pushing it into a frenzy.
So unfortunately they are trying their best to stop it happening. Because they only make when you sell your shares. If you hold them. For years. They have to what till you sell off in the future.
So i hope now your all understand.
And remember your shares, everyone wants them.
But decision making is entirely your own.
A.B
Gemell1..... thank you for your reply.
I shake your hand man to man.
We both have different views yes.
I'm only posting as for anyone that's not familiar with share trading and investments, as there could be newbies coming in to Prem.
So I am only trying to do my bit of support to try advise investors its not an easy game. Always bridges and obstacles....Most think i will just buy these shares through a broker platform. And make lots of money.
Because a share is hyped up through social media and advertising.
We have all been newbies at sometime.... been burnt..
So anyone that's just joined last week..... or weeks before. Is in on hope we are going to rise. And believe me, I want it just as much as anyone !!! Whether your here for a quick buck in and out or long-term.
Everyone has their own game plan.
And want everyone to do well out of this, as lots have dedicated their hard earned money time and supporting this company to grow.....
Unfortunately it is annoys me that after 3 years waiting that eventually the plant is built. Up and running. With all investors funds to get it there. And reading RNS information... that one minute we are funded... but might require a small loan. Which seemed fine by me. No panic...
By the end of the month was the deadline to get the contract filled. So if Prem is now producing... what seems to be the issue here? Ready to invest more....
This what im referring too.
So basically Prem is now burning through to much cash the last 12 months ?
But one minute everything seems hunky dorey and going to plan...
The nail bitting the last few weeks over the time scale to get it out. Which from the video looks fantastic.... and achieved.... all happy...
Then I log in to read some posts to see an advertisement about dilution and cash flow!!!! Beforehand.
Please understand I don't come on here posting a lot...
I am just here invested for the long-term growth of the company not just the lithium hype. I believe this company has potential to now go somewhere in the future hopefully.
So I just didn't need to see that.... yes it was frustrating and annoying. But I will not be the only one....
It is what it is now... if it gets diluted. Nothing we can do. Just hope it's not anything to big to cause a big drop in sells. But I'm sure there will be a scramble to buy them up.!!! At bargin... as everyone wants them.
Hopefully by Tuesday, we push through from this wall we are bouncing off.... Higher higher so when it does come. It won't feel so badly..... Wednesday morning.
Hopefully see where we are on 3 months...
Enjoy your weekend...
A.B
Iky786. Your welcome.
I'm only here on this board to help.
As I listen and read others. And there is many educated people on here.
Believe me I've experienced a lot...
All I'm saying to other watch out. As they try and trap you or basically scare you.
It's how they play the game.
Most don't understand patterns. Bollinger bands. RSI.
MacD formation over periods of days and months.
It's to suit the trader really. Not the investor.
As investing is totally different. Your mainly in for the long duration on company growth.
This company had grown from empty land which had nothing. To now a plant up and running. Whether lithium will drop or not will only make difference on a companies profit margin. What's the future of this company is what I am watching. And what it is seeking next venture.
So if you look at Prem. Don't listen to all the noise from adverts and detractors putting you off.
Do your on homework on the company. Make your on decisions.
Some may say. Time is out for me. I'm up and done, good luck. And some may hold out. And it might hit higher highs. It might sell off.
Nobody knows.!!!!
But if they do dilute. Its up to and every investor to take the gamble. Either hold and wait or get out!!!
What's the percentage of your portfolio is the question....
It's your shares and your money. So do as you please.
But I'm just informing that basically so people at least have some sought of understanding what's going on.
If your a trader. Best of luck as your gambling really every day. And can lose a lot. So I don't mind them making money.
But when I've invested in something that has potential to grow. It could be another 3, 5, 10 years. That's my decision. It's my future holdings and when I think I'm done il sell up.
Yet I could hold and the company collapses tomorrow. That's my gamble... I lose the lot....
Look at the videos. Even GR says how impressed it's come this far.
Why would a company grow this fast and show future growth fail now. Its backed and supported by its investors as they believe in it. So.ask your self the question....
Why are you here?
What everyone decides. Best of luck for the future.
For me I'm holding regardless. Only reason I have experienced trying to get back in if it flys through. And kick myself.
I've done it. One more day. Il buy it tomorrow looking for that little bit more drop. Boom it flys... struggling to get excuted as the orders flock in....
A.B
Yes.... Adam, but makes no difference how I write it.
Just use to writing in £s sorry.!!! 1.00 or 90. £1.00, £10 1p what every....but correcting incase of any confusion.... probably out of frustration and anger reading this rubbish.... not you. The link. And saying about dilution..... no cash. Don't believe it...
Just sick of the same old , same old....jargon.
They just don't like us making money......that's it basically.
It all works the same in figures. I wrote sometimes
0.05 when its 0.5 on some occasions. Describing things Adam. As an example.
But basically I've been here 3 years now. And eventually on a winner like us all. They are trying to force me to sell my shares.... because I know how much they are worth in value to them.
What, so a market maker can pick them up. Then dump them to someone else at a cheaper price and make on the spread. He/she not bothered about me or you. It's how they play the game...
Remember brokerages firms and market makers. Banks... hedge funds, etc are out to make money on us...
Il give you a pattern....
Go look at powerhouse energy. About 3 years ago...
Was around a penny. I was watching it for ages And hoping for the drop. Timing it wrongly. Eventually pops through resistance. Missed it. Then dropped, timed it wrong again. Missed it, popped to 9p. I couldn't get in when I wanted to. Because of the fomo spike. And if you do they put you in high to lock you in. So you sell off or average down or priced out!!!
All the hype about a new plant construction pumped it... look at it now back to the penny range. Over 3 years.
Trust me they know its ready to pop.!!!
They are trying their best to keep it down.
If they have it in consolidation. They are making on the buying and selling of shares. Traders
Because investors hold for years. Those shares are not being traded.
So the market makers are short on shares.
So only way.... dilute.
Eventually if they don't and it pushes through resistance... fomo will happen. Short squeezing.
Beause look at the graph at the top. From the 1st April there shows a pattern looks like a cats ears. Cat bounce formation.....
But instead of it dropping. And a slow pattern sell off. Support driving it up because of the demand. 1st May trying to drop it. But everyone keeps buying it up. Fomo.
They are trying their best to push it down trust me.
Because if it pops. Everyone holds. It messing up the market makers to make money.
So can you see what im trying to say. This company has grown over 3 years. And potential to grow. It shocked me and others.
So sorry market makers your not getting my shares....
This is about traders versus the investor.
Its like a battle field trust me.
Main money made is by the brokers etc.
Hope this helps
A.B
https://www.fool.co.uk/2023/05/05/does-the-premier-african-minerals-prem-share-price-make-it-a-no-brainer-buy/
Has anyone noticed where they put this advertisement.
When I typed in prem lse to view posts . This was right above it.
If that's not trying to put investors off!!!
I did say last time it will float around £1.00 to 90p because its showing on RSI monthly chart as over bought to the traders. It usually around 95p. Been watching it all last week.
And yes the stingy MMs won't let it run yet from the comment here.
Looks like they are trying to run it down so they can buy your shares forcing to sell. Because they know where this is eventually going.
Already tried with two tree shakes if I remember.
Every time it hit the £1.00 it sells off.
Now they are to dilute? Oh come on please. Give us a break!!!
There is money there ready by sale agreement. Prem paid upfront. Read the RNS . And have till end of month to secure the contract. Its filed .....In my eyes if it up and running and out ready for delivery. Jobs a goody !!! As they are pumping the stuff out as we talk. Unless that's fake videos and just mud!!! Lol. I shake my head sometimes... anything to raise more funds or drop the share!!! Typical...... want your shares every time....
I have always gone off bollinger bands as they are always correct. Unless it breaks resistance. Basically short squeezing the shorts to force to buy.
Becomes mega over bought then drops off after FOMO. Jack knifes....
Seen it to many times.
This is why I said I will not buy in more until I see it past the £1.00 club. At least £1.20p
Just becareful here guys.... don't get a stop trigger domino effect.... and your can't get back in...
If you understand graphs. Tool indicators the traders use. You will see over bought around 85 set
30 underbought.
70 overbought.
Some use 20 to 80. Anything usually over 80. Is a signal. This is why it's bouncing off the £1.00
Needs more support push through.
A.B
Has the smoke cleared now after that rocket engine test. Lol....
Did say a few days ago...... something on the horizon.
Don't move onto SETS for no reason....
Also about need good news to move this share. Which we got today.
Today is only a normal day remember for most shares on good news out till it settles down. Mainly to FOMO.
So we need to chill as we have yet a long way to go.
Plenty of action on volume of both sides of buying and selling. But the bulls pushing it up with support over the bears. 880 trades showing. Which it could of been well more. Little bit more support needed really.
See how Tuesday goes. Hopefully a blue day again.
Imagine when really good news comes out, as this is just mainly day and swing traders pushing this up.
Some may sell off after few days. And buy back. Which is normal practice....
So it be a fight between bulls and bears now.
Believe it or not. More selling volume showing..54-56.% But that's because traders are buying and then selling... quick profit.
So investment probably on smaller buyers at this lower price. So hold for gold newbies!!!!
Need more investors!!!!
We all knew last week on the contract from the RNS.
Today was just confirming the contract....
Now imagine when news comes out about more contracts signed.
Remember until revenue starts to show on a turning point. There will be no stopping this... as then big boys come in if we get a reverse stock split.
Because we can't stay on having billion shares on issue for ever. If the price got to high, never get to sell your shares as nobody would want them at the price your selling.
Reverse for some don't know. Your value stays the same. So don't panic if it happens!!!!
So some how the shares have to reduced in the future.
This could become a massive company if syme play it right. (Like a small bank). And get more contracts, as we need them to boost revenue...
So sit back and be patient now see how we progress through this year December 2023.
Prediction 3 years hopefully good revenue.
The engine on the rocket, just getting warmed up today!!!!
A.B
Basically....
If your a professional trader.
Have lots of cash to play with.
Access to a professional platform.
Reading the order book to your advantage.
They say that the market makers use codes to each other in the order book. On what to do next. If that's true or not. Do not know.
But it does make you wonder when your thinking what going on.
Basically we not got a chance.
Sit and hope on news out.
A.B
Continued....
Your order might not go though.
A.B
I know what you mean Savvy. About us Investors.
Really benefits the trader. We need good news out.
This is for educational information only if some not familiar about order books.
I am not a day trader. But I know how it works.
Did this to see if any better. SETS to SETSqx.
Tested it. Watching the spread and watching the trades. If any one has an ADVFN account you can log in there watch trades. For free. I do not comment on there.
I placed a limit stop order only of 1800 shares at basically a £1.00 odd just to test the excutions. And another at 2150 shares.
They went through when the price was at 0.575 about 10 o'clock. As viewed the share price ask and bid.
My limit orders was 0.06 and 0.65
Thought that's interesting. Why have they gone through that quickly. Not even at that price yet.
I waited and noticed. The price increasing. Above 0.60 to 0.620 about 10 minutes later.
So it actually is working better to the order book.
Then I placed a limit order lower at what the market maker had the bid at. 0.055. To see what happened. 2000 shares.
Trade dropped and picked it up at 0.055 but dropped to actually 0.052 as I noticed someone set it at 0.052
This was around 11.30 today.
So to inform everyone. Usually if I set these prices before SETS being SETqx I could of been waiting days. Low liquidity. Or not get my orders filled.
So for anyone wanting to understand how this works....
The more limit orders, puts liquidity to the order book.
So if traders set prices higher. Limit stop orders. This drives the price up.
More limit orders. As a limit is lower than the share price. Drives the price down to pick up the orders.
Through the day and days the market works out and balances the orders going through to give the average share price.
Now if I set a market order. I could get executed immediately. Or higher or lower. Slippage either in my favour or againsrt my favour.
What im doing is taking liquidity out of the order book. With a market order. As i it is supposed to be instant. But will depend on buying or selling amounts of shares. So could be waiting to execute.
This is known as either a taker or a maker to the order book.
So the more liquidity that's being added to the order book. It drives the price in that direction.
As demand pushes up the price in the order book.
Eventually traders will sell off. And reset orders to buy back In following long candle stick wicks as indicators to help. Does not guarantee anything. Along with other tools they use.
Eventually if the price drives to much. Usually a tree shake occurs to trigger stop orders. And then buying starts again. Or the market maker has to alter the spread to suit selling pressure so try balance the book.
Remember they only make on the spread.
So to me. It shows it is far better to get your order filled.
Only down fall. If an RNS comes out and have a limit stop set. If it caps up. Your order may no
UnicornHunter....thank you.
Sorry for late reply.
Hope this helps.
Just in case you may not know.
The market makers. Set the ASK and BID.
There will be lots out there competing as that's how they make their money.
Video to help you understand better. Below.
Remember to check the real-time information. Ask and bid. It's important as it will be changing, so watch for slippage. If using market orders. Not limit orders or limit stop orders.
Example...
SETSqx tends to be around 10 pips. 5 pips either way of the share price. Could wait days for it to move 5 pips, then 5 pips to make any profit showing. Then I have to allow 5 pips if I'm selling.
So basically, I would need to buy at 0.05(Ask) this someone selling to me. As they are asking for 0.05.(set by the market makers) when the share price becomes 0.045 my shares get executed to my order at 0.05, I have set. Because the bid at 0.40 I'm willing to pay. This what the seller gets from the market maker. (set by the market makers). Once i buy them from the seller. Therefore, I have to wait till the share price is around 0.65, 0.070(Ask) as the bid by the market maker will be 0.060. I sell. Market maker gives me 0.60. I make 10 pips profit on my 0.050
Therefore, I have to leverage my bet myself though my isa account. As if I am swing trading it probably over few days if there is a ramp. No swap charge.
If I am spread betting it cfd. I can get better prices closer to the share price (pips). I leverage by my broker. And have a margin account. If I hold over night. I get a swap charge. Interest to my money I borrow through my broker.
SETS is the pips on the end basically. Take a view at Harbour energy share price. You will see what I mean. The difference to an AIM share if you view one.
Syme is not an AIM share. But was on SETSqx.
As why it was a good move over.
So now syme is on SETS. You're basically getting a similar deal to a trader in cfd accounts. Only difference. As an investor you're a buyer. You can't short the stock. And doing it through your isa or investment account.
All the market maker is doing, is giving you a better chance to trade. Or get a better closer price if wanting to average down limit order, or if you divvy up. Limit stop orders.
This is why the price tends to move between 0.05 and 0.70. 10%
If it drops into the 4s or 3s they will be swiped up. For more gains by the traders. Less leverage borrowing from their brokers.
Just a waiting game now for investors. Good RNS is what's needed here again. Push the price up.
So hopefully something positive to come out soon.
https://youtu.be/QqK6H1JPjv0
A.B
Something on the horizon surely!!
A.B
View the share price on here.
It will change due to volume anytime . Ask and bid prices shown.
When it was SETsqx.
Example for anyone does not understand...
If the share is 0.050 there might be a 10 pip difference. 5 either way. Ask and bid to the actually share price.
The SET is now more encouraging to traders as the share price might be 0.050 and the pips might only be 1 pip instead of 5. So basically can set your orders more closer to the share price. Without waiting till it moves 5 pips. The share might be 0.050, the ask could be 0.050 the same or 0.51. 1 pip.
Might be Vice versa.
Tighter spreads. Either way.
So days will be different due to volume obviously.
Basically check the share price on here to get a more real time price and then look at the bid and ask prices. Should give you an Indication which way the price is going.
It will not mean because we are on SETS we are going to unicorn. Unless Syme bring out the Crank'n
This is more for trading volume. Because most do not like the spread. So if a share was 0.050 and the ask from the seller was 0.07 most would not want to give the seller 0.07 having to wait for mega support from the buyers.
You might see high spreads because of lack in liquidity on a share. Example.
Basically some platform brokers will not have spread betting CFD for some on Syme.
You probably be using your ISA to buy and sell. Hold as an investor or swing trading over weeks months etc.
But now there is a probability your broker platform will show you can now Spread bet the share or getting it ready. If you decide you want to spread bet it instead.
So it's just encouraging more day trading volume.
Therefore if your are deciding to top up etc. You may get a better prices through your isa account or investment account.
I'm waiting now for the next interim report as we had the end of year Dec 2022.
So from Jan to June which should be roughly around Sept 2023. Will tell us if we are now making progress with revenue growth.
If a crank'n RNS that we are now contracting more clients etc. As an example and show possible forecast in growth. This will encourage more investors than actually traders.
Remember a share will trade at any price. Its the ask and bid that encouraging to a trader. Tighter the spreads the better.
It's great news as this is what we want more trading. Tighter spread to hopefully encourage support if we get good news next.
I am wondering if we actually might get a stock split now we have transferred from SETSqx to SETS.
As someone posted about US market.
I did see that active energy group did a stock split last year I think to encourage US market. But their on the FTSE AIM all shares indices. This was to encourage the US investors as they apparently do not like low share prices I read up on.
So if any one has knows information how that works would appreciate a post on it. Thanks.
Syme is not on AIM if i am correct?
Somethin
Looking at the trades going through.... on this board
At last..... Something positive!!!
Now hopefully we will see some better trading volumes.
Pip movements. Tighter spread.
Cfd to some brokers who its not supporting on their platforms.
Something surely must be of fantastic news ahead in the coming months.
More contracts in the pipeline I assume, to release this great RNS to change over to sets.
As a start up company. Last 3 years been difficult times for us shareholders. Hopefully now this company might begin to turn a corner.
With the last accounts still poor. As knew this would off been. Things might now start to show some positive future growth.
Holding for the long-term. 3 years in. Even another 3 years if I have to hold or longer....
Hopefully onwards on upwards and this is not just another hype in movement because of a good RNS out!!!
AB
Absolutely spot Acker. On your post about money in the bank.....
Not been on for a while sorry, but read a lot of posts.
Lots of nervousness showing which is understanding as its AIM.
Everyone seems this share will rise passed 1.00p by tomorrow. It could, but its only what my feelings are. It may take at least, till May/June. Being patient.
Only a good RNS out will spike this higher on volume as we all know.
As I mentioned last time I posted on here.
Construction delays cost money. Eating into profits. As why its was vitial GR got on the issues straight away. Which i also highlighted....He has come this far now to let this fail.
Now the blip has been fixed. And the spod is beginning produced to TA&A. The agreement with CanMax on time by end of May. Nothing really I am being alarmed about. Video shows progress.
Unfortunately the time lost will cost Prem. But that still not enough to crash this share like a falling knife.
Until Prem start showing revenue turnover. As money in the bank. And good profit. Because expenses still have to be paid. It will only go up on the next level on the next Quarterly report. But if I am correct.... Prem issue every 6 months.
Last year of June 2022 was information. Is what I can only see. Unless someone can correct me. Therefore this June will be for ending December 2022. Reporting will show could hopefully. So this will move up the share to trade on its next level. Towards 2p.
By December 2023 final annual reports should indicate the profits of the whole financial year January 2023 to December 2023. Showing the last 6 months on what profit made after expenses. Therefore hopefully if good financial year end. 3p may go higher.
So unless GR keeps us all the loop by Quarterly reporting RNS of how production is preforming there should be no concerns for alarm in my eyes.
At present traders will be trading around 0.95 to 1.00
Possible some. slippage of 1.02
Traders may push the price down to buy in lower at around. 0.09 as to them 1.00 is to high to buy at the RSI monthly chart. Level one. Being mainly the year movements. 0.95 share price.
Only a good RNS now will shunt the next leg up. Towards the 2p range. Level 2
A share will always trade whether its 0.5p, 1p or £1.00
Traders want it lower only for leverage purposes. Pips
Remember trading is totally different to investing.
Traders do not get emotionally involved in a share. They are in and out searching for the next big drops. It's only MM and retail investors will move a share.
RNS comes out and it could be good but not enough to spike enough on support. Stagnant trading side ways for a month or two.
So hopefully see you all either on a fantastic RNS before end of May/June.
Or by December on the end of year accounts. Level 3,
3p
Fingers crossed all shows good forecasts.
And good luck to all long term holders as all deserve a good windfall for being patient.
AB