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You didn’t average down? Esp at the recent lows?
Totally agree, great post Tiger.
I wasn’t planning to post here but I really liked your reply (couldn’t have said it any better). I have taken a position here and will be adding based on the exact risk v reward you have stated! GLA....
Best to keep some for trading and some for long term, been trying to add @4.00 today but no luck so far. Took some yesterday around 4.17.
0.105 to sell now and can sell large amounts, good sign imo. I think seller has cleared. Great interviews, thanks for sharing guys! GLA....
It could be 4.50-5.00 finish tomorrow (it does move up and down really fast, FYI there wasn’t much shares available today below 4.00).
If it’s 3.75 tomorrow I will definitely add as I know it’s just an awaiting game. GLA...
Totally agree... did the same....
Definitely time to accumulate.... nothing has changed!
Thanks BS,
There’s nothing without risk!
Same small facts, they have over £1m in CASH after last placing, they are producing good quality diamond, the new management are doing a excellent job so far (imho) and aim/plan to be making profit and self Funding in the future. All for a £2m mkt cap. Definitely worth the risk at this level imo. If they deliver and start making profit there maybe a takeover? Otherwise can’t see us still being a £2m mkt cap, Can you? Yes if things go wrong we will lose out. The way I’m seeing it is I can get out with 30-50% loss from this current level if they don’t deliver and if they do can make 100%+ at this level.
Torreaguas
Well that’s the first time I heard anything good from any LTH on the Rose board for sure! When I posted to say I took a position here and stated the risk v reward (pls see the posts and make your own judgement). I wish everyone good luck and hope they were wrong.
This was a high risk gamble for me after reading the last RSN! (for trading not long term). I was surprised and I’m still surprised with all the buying esp with there current financial position? I have made several trades here and will keep doing it as long as it works for me (with what I can afford to lose). I’m just surprised and don’t understand the NT/auction with just few trades also the big jump in the Bid and tight spread. All the signs imo look good totally opposite to what me and everyone here was saying previously. I see you plan to stop trading on AIM? Good call I think as it very risky! I have been lucky recently but still down around £40k! and don’t wish anyone to lose hard earned cash! As I understand the feeling, been there!
1.485 to buy and max available is upto £1k! Then NT! Shortage of shares?
1.37 to sell and NT to buy!!! Wow wasn’t expecting to see that!!!
Overview
· Record production of 3,516 carats 4x that in Q2 2018 (875 carats)
· Record processed tonnes of 78,759 tonnes, up 130% on Q2 2018 (32,247 tonnes)
· Record grade of 4.46cpht (Q2 2018 2.45cpht)
· Average price achieved of US$430/c on sales of 2,517 carats (Q2 2018, 875 carats sold at US$305/c)
· 24.9 carat stone sold for a record US$190,000 in June
· Tender revenue US$1,082,000 (Q2 2018 US$267,000)
· No time lost to accidents reflecting Board's commitment to health and safety
Hi SR,
I have to disagree with you there!
It’s clearly a false change (-1.85%) for Friday.
Just look at all the buys and sells, Thursday all 1.31+ are buys (it was 1.25 to sell). After Friday’s buying all 1.32+ are buys the bid went up to 1.29+ and ask finished on 1.37 (at start of Friday I was offered around 1.31+ to buy as I recall when I done dummy buys). I have noticed someone is buying almost daily around 400-500k shares (don’t tell me it’s you?) lol.... there is clearly more buying then selling since the last RSN, I’m personally surprised give me little more confidence.
I will aim to sent you personal message next week regarding few share, it would be good to have your views. Have a great weekend. All the best.
Can sell @0.095 today! and buy upto £3k max @0.097 very close spread!
banishedtoearth
WOW!!! You have proven by selecting specific post of mine that WHAT “great. another ramper on the board polluting the share chat with the nonsense we have been hearing since 2014“ have had a read of your posts? How are they working for you?