Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The fact that trade went through so delayed I would of thought it must have been soaked up already and I took the price as a positive as for the size of the trade had such little impact. Getting some stability before the next move up is a strong sign, in the past it peaked and back down the same day but without all the positives happening we have now.
last buy 2.4999 and then a 2.54 sell two trades later, blatently a buy. MMs playing the market
As Mills Summerised before...
1: The company has been delivering consistent rising profits for three years.
2: A very solid order book.
3: China policy to guarantee clean fuel growth andCNEL is a market leader.
4: Looking to switch to HKEX which would value the company at 11p per share as entry value
5: Loan secured valuing the SP at above 4.7p
6: Majority of the shares owned by the Chairman (BOD)
7: The SP has been adding value consistently now
There could be any number of plans in place, whether that's investors their end buying up shares or anything, we know they need to get to get to 50m. Nothing is 100% but the value seems be massively in the investors favour here still as the fundamentals make this cheap as it is without everything else.
If they can try and tempt some people to sell it’s a good position for them to increase their positions
Only one I can see is for 3.3k, price is holding though. Unlike that previous sell much smaller sell at 2.05 a few weeks ago that pulled it down.
It looks like a buy order is being filled as the sells are increasing now up to 2.59p from earlier ones of 2.53p. These are too cheap, as soon as new buyers come in it will just push it up to the next level.
People are investing on the chart patterns alone then thats just another positive, even if you ignore the charts the fundamentals are enough to invest here. That and the listing to HK exchange are added bonuses
So many possibilities, but I don't think that would make sense. There are a lot of people who invested years ago in the 1-1.5 range and it could be anything , some people just need cash, some are too risk adverse and possibly over invested, possibly trying to create a trap to push the price down so they can buy in lower, could be anything, all I know if the price is holding and rising each week far better then the big FTSE companies and with a lot less volume here.
Now that 2.5 trade is cleared if we had that level of buying this week we will see into the 3s with ease. The solid weekly candles continue to push this up to the 11p mark.
This is actually busy compared to before the news to move to the HK exchange
I think once it closes above 3p we will see quite a quick move to the 4-5p range. A close at 2.8p or above this week would set us up very nicely for a move next week into the 3s+
Really useful info for holders that info!
It's a sea of blue this morning, over £12k brought in the last 2 trades combined. This 2.6 can't last much longer...
Yep things looking very positive and a good flurry on buys have come in on the opening! 2.6 to soon be broken and it should take the next move up with ease.
Seems like the spread has tightened right up, plus over £17.5k of buys in the last 3 trades of the day.
yep, news will spread amongst people about the value here, once we clear 2.6 it will very quickly hit 2.8.
You need to look beyond any short term sells from the spread. Look over the past and next month and you will see the clear pattern, a slow move up is more sustainable than a rapid super large spike
2.67 paid, maybe you are looking for very short term rapid increases but just look at the weekly chart, this is moving far quicker than the biggest ftse shares on low volume. Imagine when the masses arrive it could easily double in one day but in the meantime I’m more than happy with 5% a day
I can only see this moving one way but at some points this will be slow and others it will jumping up in big moves. Unlike the other shares it really doesn't need many trades to move this 5-10% up in day. The weekly chart forming is nothing else like we have seen in recent years here
Seems like the quick buck traders are out now and its continuing its move up again!
This share has had it happen a lot over the years, maybe its the Brooker they use