Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I did try to buy at the lows this morning... but was going NT everytime... so gave up in the end! Very lucky if u got some as I reckon it was last of dump going thru from either last night or early morning on the button. Should see a steady reverse up back to £4+ now
Prob just short term sellers who were expecting £2 in a few days.. for me it's a longer term hold to see real value. Directors could also be taking advantage in the background. Also we've not had distressed seller TR1 yet, so they could be just offloading their last few.
At the end of the day, it matters little as true value isn't at these levels, it's way over £2, with increased divi.
Was also hoping for better performance today after placing. Private placing to tier 1 assets are safe, but I suspect the £5m to PI's flipping for their few percent here have given the shorters some room to manipulate here. Naturally it can't last long.
Seems so, value here.. Still amazed on drop, but like said before only dropped due to block dumps by seller with such a small free float it moves relatively fast and there's demand for the shares in a growing profitable company!
Yep very small free float, someone is loading up in the background IMO. The savvy will be accumulating taking advantage of sellers shares. Short term hysterics matter not, I've had a good look at the results, happy with what's been put out and hold for true value over 250p, as i've done with FUTR.
These are short term issues, those here for longer term needn't keep looking at the sp. This is an ideal time to load up at these levels imo. It's a longer term share.. I've added more to my PF and will keep some powder dry if it falls further! It's a pathetic MC, far south of its true value!
Nice news, but thinking they may need to raise some cash looking at final results IMO
Results overview, listened to it and cannot see anything that relates to todays fall, if anything we should be 40% up!! Just a distressed seller, which will hopefully exited by tomorrow!.. or even exited today!
https://plcwebcast.uk/etpfy23overview