Member Info for Allthatglitters

And in answer to your dig: selling at a loss, which is definitely what has happened on the trade in question, is pretty crap regardless of whether it was this price or a higher one, no?

Oh hello, look who's back. It's the bloke who doesn't add anything constructive himself or make any comment on good news, up days.
What have you been doing with yourself?

Clueless sell to start the week. Things can only get better, I suppose.

This volume problem is utterly ridiculous.

No probs, ma5k.
Always good to have various views on both fundamentals and technicals, I think.
We broadly agree, too. This month will be telling!

It's a horrible share to chart, this, as it's so illiquid that it's hard to build confidence in any move up or down because they're as likely to flounder as they are to hold.

But here's my best attempt. Something is going to give.

https://twitter.com/Li_Ag_Investor/status/1045988270205800448

Morning chaps,

Looks like I'm not needed as Toro's answer is bang on the money, from my perspective.

The only thing I'd add is that because the 21p support has been so strong and the 'resistance' has dropped gradually from 30p down to 26p to 24p and below this week, it's creating a situation where something has to give and a break out (or break down) will occur shortly.
I think there's currently an absence of any traders involved, because with a bottom at 21 and a top at 23.25, there's no real trading opportunity. So I suspect there's a lot of folk with IRR on the watch-list waiting to see which way and when, the strong move occurs.

A couple of weeks ago, someone (s) sold around 175k shares all the way down to 21p, but support kicked in and booted the price back up to 22.
Midweek, the buyers had a go at breaking it up past the resistance after Dorothe news, however volume did not arrive and we slipped back down below resistance.

So, we're holding pattern. Possibly for another two weeks. Which brings us into the window of Ewoyaa final results. Which, I hope, will be the catalyst for a sustained move up.

PS Cantors would need a heck of a lot of shares to crash the price 15p as there's trend-line support at 21.3p, major support at 21p and historical support at 19p. It could be done, same as with any share, but I don't see why it would be in their interest to do that.

What's all this corporate governance stuff about?
'This initiative, although by no means complete, will stand the Company in
good stead as the size, scale and nature of its operations continues to evolve.'

So, it's not mandatory.

Buys: 71186
Sells: 15000

Must be the 'overhang' from yesterday and all five MM's refusing to jump on the 22 bid.
Really would be very advantageous if we could close at 22.5 rather than here.

Buys: 58576
Sells: 15000
B&I: 39810

Down 2.22%

Riiiiiiiiiiiiiiiight.

10k buy gone through but I can only get 15 offered in one go. Sigh.

For 200 shares.

Doesn't exactly encourage buying.

Possibly a few, but the bid has moved up off decent buying and that's a great sign.
Can't be many left at 22p.

Well, I'm in despite your disapproval.
22p paid.

Looks great!
The fortnightly questioners about funding can get back in their collective box.
Should be good for another 9 months (or until drilling Dorothe)

Will need to fine-tooth comb through later, unless some informative chum pops up beforehand.

There’s room for traders in every share. Especially ones with low liquidity.

Looks bullish from the off today. 21.6 paid. Tempted to get in for the trade. Can’t buy in bulk though.

That high you think, SG? Haha.

Probably too optimistic to think that the sell-off in progress there may benefit us?

Sorry. Yeah, 0.2 g/t. Even worse.

Just seen GGP's latest drilling results at Ernest Giles.
That, surely, is why Tekton and IRR have done all this work: to ensure they don't spend multi-million $ amounts getting rigs in and then return 0.4 g/t as the highest result.

Or that they both paid 35p for shares last year. Followed by some excellent news. And that we now struggle to generate interest at 23p.
It's all backwards.