Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
To me that RNS reads as though they think the price drop is a massive overreaction to the news as the data has not been fully analyzed yet! They may find a fault in how the testing was done in which case we should be back in the 800s. I think this will see a few updates over the next couple of weeks as they understand more. Moved up my target price as I think they can save it from here!
Massive manipulation there by the MMs to set a mark for future conversions!! How can they get away with that! Not enough sell volume to warrant that drop to new conversion mark! Typical... At least now they can let it go as that is valid enough to allow them to convert the rest I am sure!
Massive pressure building here so wont take much more to make this pop!!
Brokers will be poking the company for an RNS to bring back their volume now! Hopefully more news about MPT partnership, cost savings or new hires!
Looks like they were just trying to see the strength at this level and whether it would be possible to force the price lower to get more conversions down there but does not look possible to me. So will likely have to do at the next level up.
Conversions is one thing... More interested in who the block buyer is? The fund that were at 5.2% would have been diluted with the new shares but no new TR1, so signals to me that they are buying more to keep their % holding over 5% ?? They would have had to TR1 if they dropped below 5% ?? and they have not so far! Good sign for me!
My maths puts us just over 26m users? Anyone else work it out differently?
I doubt it as surely we are already past that number by now! Based on growth levels we would have been there in March?
Expect we will get an update on the cost-cutting measures once they are complete and can be quantified. Likely will come with the next revenue update.
Yeah, this is a long-term hold. Not one for the short termers!
Agree. Expect them to continue to accumulate shares. Be nice to see the free float restricted even more! Looks like the MMs are going to let this go now!
Yup. Straight run up to 1.95 coming here. Once that breaks then 3.1p? Going to be interesting! Obviously on an RNS this could gap up massively if the takeover offer is confirmed!
Surely an RNS on the way! That volume came out of nowhere in the middle of the morning! Something triggered it! Hopefully find out what this afternoon.
Massive amounts of large buying out of nowhere!! Think we have something incoming!
Someone just sold 95 shares??? haha What is the point in that! Expecting a very strong afternoon here from 1pm onwards! Let's see!
Yeah. Lack of heat for a few days is no bad thing. Allow a base to form, a new platform for growth.
I agree regarding the quarterly figures. Especially important given this period of accelerated growth... Would also help to get an idea of the cost savings at the same time so we can see how quickly profitability is improving.