Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Topped up (again) at around the 6p mark just before market close today as it had been back and bounced again from the 5.90p price which seems to be a support for the price at the moment. Had some funds to invest and seemed too inviting!
Still someone selling off 250,000 shortly after however.
Hoping for some encouraging news in the near future which hopefully will give us a sustained lift off this time.
It may well have been mentioned before but I'm trying to understand the selling of STX shares at around the 6p level whether private investor or institution which I'm completely baffled by.
It's not just the odd sale here or there where funds might be required urgently either and it's not exactly to profit from an amazing trade!
Nor can it be a patience matter when there has been so much news/positive action this year including a high profile partner and the commitment of AOP together with the high probability of an imminent update.
Longer term too it will be more and more of an international product which can only result in it being established and self advertising itself as it snowballs.
I know there's nothing that is a 100% certainty but the odds of this moving northwards, potentially at a very quick rate, must be a very high reward percentage.
Some very (positively) strangely priced transactions going through after close of market last evening.
Looked like they'd been traded in a parallel universe.
Not long now before all is revealed. It would be ironic (no pun intended of course) if it turned out there was no current trade update after all!
"Earlier this year, Kromek published its results for the year ending 30 April 2023, which featured record revenues, but widened pre-tax losses "
Sadly for all the amazing products and razzmatazz they just can't produce stuff for a working profit.
Their lack of commercial nous just keeps dragging them down and could well one day bury them.
Good to see a steady pulse of decent buying continuing - notwithstanding the Jupiter situation - consolidating our mini breakout from the pattern just below 8p.
Hopefully the recent good update will help to increase our profile both here and across the pond too with the US float there.
Looking forward a bit I'm just wondering what the price impact might be when we reach the £100 mio capitalisation mark (around 14-15p I guess) if that would automatically bring us up on additional fund's radar and might result in a significant hike higher at that stage. Any thoughts out there?
I suppose there's a lot of sense there especially from a non UK perspective and maybe encouraging that the company is being proactive and future looking but I still feel weird about it being called Melbourne Cricket Ground out of the blue. Whatever NEX?
Suggest over 5.50% increase is more than a little tick :o
Could get used to that every day for a bit for sure!
Forward p/e of 1.5 I would also suggest warrants some positive investigation which doubtless will result in further little ticks to come...
For Bittenpill:
"PayPoint also has said that it will announce its preliminary results for the latest financial year in early July.
The group said that it had needed to delay the announcement in order to complete statutory accounting and audit work related to its acquisition of Appreciate Group"
That's very kind of you @MarkBell. Thank you.
Always interesting to see the views of others.
And a target price of 1100p to boot !!?
Wonder what the catalyst will be to turn the tide for PAY to begin that heady climb!
There's income while we wait although I'm in nearer the 580 mark so quite as much for me as is currently on offer.
Hi MarkBell, you mentioned that you invested here following reading a very positive in depth broker note.
Is that something you could share a link to?
I am getting a bit a bit bemused by the share price's current journey south and need some inspiration!