Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't you worry. I'm holding this bad boy for life.
Anyone else slightly concerned that even if these trials pass in the summer, the price won't do much? I feel like not many people know who Roby or MGC are and that could be really effecting the potential price. Just my thought. Maybe they should start advertising the company/products to attract more retail attention. With such low volume even with great prospects and previous news, it doesn't seem to do much.
Would be interested to hear other peoples thoughts
Good day all,
I just thought I'd leave my humble opinion on this stock and it's current price.
I have around 250,000 shares at an average of 3.9p. Oh course as you'll know I am down but that is par the course. I genuinely see the odds in our favour for a decent ROI. At the EOY I think the worst case scenario would be us back at this price (around 4p) I think with the price it is at right now it would be un realistic given all the catalysts and big news going on this year that we would be at sub 3p. I am very optimistic about this company and its sp for the future and that is from a balanced view not due to me having shares.
I would be very interested what everyone else thinks (good or bad)
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JOIN
https://stockinvest.us/pdf/technical-analysis/MGCLF
worth a read
Worth a read. Take what you want from it...
https://stockinvest.us/pdf/technical-analysis/MGCLF
@Pokerchips What's your view on this stock? I'm slightly confused now. I ended up selling a few days ago whilst i set up an isa. I'm still looking to get back in however
Appreciate it. I make relatively good money for my age anyway day trading so I thought I'd put some money into some long term plays. Only mistake I made was not putting them into an ISA....
230,000 shares for me. slowly adding more. I'm only 18 so in no rush to sell soon. Got a 5-10 year outlook on this one.
Hi Pokerchips. I was never implying a takeover in the near future. It was just curiosity on how it works. I'm very realistic and don't think it's all fairy and unicorns with the stock price.
Ah I see, thanks for that. Do you know how it would work if a business was taken over and you had shares in it. (for example GW). Because I've seen it's now listed on the NASDAQ so I was curious into how it worked. Only reason I ask is because I have a substantial amount of shares in this company. I never really hold long term in stocks as I'm a day trader/ swing trader haha.
What is the price history with GW Pharma? I know that they got taken over by Jazz Pharma but everyone keeps saying that MGC could be the next GW. What price were they when they were first initially IPO'd on the LSE?
Hi all,
As stated before, I'm all for this stock. The products, the clinical trials, the team they have and also the catalysts. I'm in this for the long run so I'm not selling however this current price and the daily drops are slightly worrying me. We had some really good news over the past 2 weeks with the distribution deal coming into play and the upgrade to it but it's not like this has been a small drop. It feels like the price is just doing what it wants and has no correlation to the news or companies updates. I never really invest in recent IPO's but this is an exception so I'm not sure if it's just an 'IPO' thing.
Please feel free to contribute
Is it just me overthinking or is there a reasoning behind the fact there are no large institutions with a stake in this company? Given it is so cheap right now and the potential it COULD have. The risk to reward is relatively low too. Food for thought.
Good morning people, just out of curiosity do we have any realistic and logical price targets for this company. Long term hold for me so not fussed about the mean time but would be nice to get a rough idea. A lot of unrealistic pumped up noise on these forums recently.
Ah I see, thanks for that. I've always seen that ticker, just assumed it was Frankfurt
Thanks
Hi everyone, what would it take in terms of steps for this company to become on the FTSE and venture across the pond onto the U.S markets? I've got about 200,000 shares. I'm 19 and only interested in the long run as I day trade forex not stocks. Hopefully if all goes well I can start developing property in 5-10 years time with the success off this company.
Thanks