Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All this news is just assumed and priced in already. The markets are assuming revenue will be between 7-9M this upcoming year which will keep share price around this level.
Anything lower will knock this down and if something special happens then it will of course rise, but based on current revenue forecasts 16-20p is about correct.
50p plus will be quite a few years away.
And that's why this is 16p MC of just over 100M so now I can see why Helikon shorted this, they got the timings wrong but they knew sooner or later this was going to go down.
Even if they start selling, their profits will be so low for years.
News has not penetrated very good. I did think that this news would step things up and get the price to around 19p in preparation for any sales announcements.
But looking at reaction, i think all this is price in already and the market just wants sale news now.
Construction, you would say that wouldn't you. We ain't stupid here, well I'm not stupid shall we say, people don't believe you.
To answer you question, yes you should buy low and sell higher, not like you said buy high and sell low, you mixed the priceable up.
Construction, you should be glad I'm saying AFC is a buy, funny enough since I change my position this is going up.
And it looks like you deleted the post begging me for technical trading lessons, so I'm unable to post this.
If the information changes, I’m happy to change my opinion.
I’m not sure if this will achieve an MC of 1B soon. But if Bond is telling the Truth, I think 300-500M MC is likely this year.
So i feel that 15p is a reasonable entry for risk ratio.
I’ve not had much time last week to catch up on AFC videos etc.
But today I have watched a few videos with Peel Hunt and actually AFC could be at the start of something big.
It’s a shame they haven’t announced any sales yet but it looks like Bond is lining things up nicely.