Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Whose selling? The ones that realize this is a lifestyle company. Always has been always will be. I expect another placing soon. Look out for the "This has such a low market cap ..." brigade to pump it for the flippers. IMO.
I think forward selling for a placing is driving this up.
"I see very little downside with this share from the current level." LOL. That's dangerous thinking when it comes to THR. I see very little upside. They have at the very best average results so far. They'll milk it for all it's worth like they have on every other resource they have. Expect a placing soon.
I expect they'll wait for the price to get really low before they place again. Then maybe yet another share consolidation. Another rinse and repeat cycle firmly in progress. True, not helped by current market conditions but if the had good resources then maybe it would be a different story.
BW777 The published trade, when it is below the mid-price it is marked as a sell, above it is marked as a buy, at mid it is marked as unknown. As simple as that. So if you can buy below the mid it's not a good sign. Probably price about to go down.