George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
No you wont loose them, you will have several options. Details are in the RNS but even if you done nothing they wouldn't be lost. I imagine most will transfer to the HKEX and look to sell at some point after
Hi Dan, I agree things are looking very positive! Well done for hanging in there, its come good in the end.
Out of interest what price did you manage to buy at 4.20pm earlier? I wonder how many other trades didn't come up too. I logged into buy and the market had just closed.
Some interesting points and options for holders, such as the proposal for the company to repurchase of shares and the cancelation of treasury shares to return value to shareholders. Now we have dates we should see this push up a bit quicker!
Sometimes people just need the money, there is no logical reason to sell. Maybe they are happy with a small rise and think they can buy back in a little lower but with this spread and how quickly this moves up thats very risky business
Its like yesterday some sold as low as 2.4p for no reason at all, and we ended on a yearly high of 3.2p.
Just sit it out and watch the weekly candles grow :)
Its just a matter of when we hit 8-10p, we will no doubt see some tree shakes along the way with occasional big leaps up
x8 green weekly consecutive candles now, we havn't seen that before! Exciting times ahead!
Last 3 trades were 2.80p, 2.98p and then 3.20p.
Moving in 0.20p chunks it seems
It sure did! that's how I would of expected it to move this morning
I will try tomorrow morning with AJ Bell and see how I get on. up to 2.8 now
Will HL not give you a price for say 100,000 or so? Or is it that for the current ask price you can only buy a small amount?
What sort of volume and price are you getting?
The board will certainly have a plan in place to achieve the goal to move over and things are bound to get very interesting soon.
I can’t see why everything under 4.7p won’t be snapped up sooner or later
It can only stay under the radar so long and is a short matter of time before anything even close to 3p again
Revenue for the first six months of the year has substantially grown to RMB 163.9 million (H1 2018: RMB 69.1 million), an increase of approximately 137.3% which was due to fulfilling orders rolled over from 2018 and new contracts won during the period mainly due to the continuous growth in demand for ethanol production systems and the ability in securing ethanol fuel projects and alcoholic beverage upgrade projects.
Our net profit increased from RMB 13.5 million (c. £1.6 million) for the period H1 2018 to RMB 21.4 million (c. £2.4 million) for the period H1 2019, representing an increase of 58.5%.
3-4p will be seen as cheap and hard to get hold of before long
No wonder those in the know were trying to push this down before results ;)
Something very strange is going on with the MMs trying to make buys look like sells. In one way I don’t mind if this drops so I can get a top up at the end of the month.
That’s the big decision, my best guess is we will see some volatility after the switch with an initial strong move further up while existing investors hold out and new buyers move in on the new listing and then a pull back as some of those who moved over start to sell. Followed by a recovery and slow rise again after it’s all settled.
£20k of buys today
Such a positive sign when a 500k buy is hidden as a sell. Good to be getting old investors replaced with new investors at the current price
I think once 3p is broken this will move quickly up to 4p. The odds are heavily weighted in the favour of the buyer while at these levels so I can't see much smart money selling until we get much nearer the 11p goal
They get away with it when its moving up rapidly, but I think when the gain slows more people put in orders, which although risky on a sudden move up I can understand why when its going sideways for a bit.
Some decent buys coming through now including a 700k buy and some fake sells too