Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I believe excitement around the sector being targeted for the RTO and the subsequent links to CBD companies. I would expect to see something similar if they announce another exciting sector. The risk is there but no value attributed to this at the moment.
A lot of people have bought in at much higher levels so the ones who desperately wanted to sell are likely already gone. If the BOD outlines a new strategy and potential RTO in a good sector hopefully we re rate quickly with stock in sticky hands. Come on BOD.
To say otherwise given where it sits with the infrastructure around it just isn't credible. A lot of desperation in the de rampers now, first of all they claimed B was a 'duster' then we get the huge results in. Now they have moved on to ' it won't flow commercially' when EWT is complete and proves it flows as the short A test has nodded towards they will say ' no one is interested in a buyout' then when the offer is made they will say ' it will fall through because of x,y and z'. Then the buyout will complete and we won't hear from them every again. oh how i look forward to that day. All IMHO, good luck all and don't spend too much time trolling a share you don't hold, it is Christmas after all.
Apologies i have my thoughts the wrong way round, if someone has bet long on their platform then they will likely BUY in the market to hedge the amount the individual can win with the bet. So this actually tells me that someone is buying a chunk via spread bet. I'm not aware of SB companies taking prop positions in the expectation of good news.
Sorry but i'm not sure you understand the model. A spread bet does not affect the share price of as it is a contract between yourself and the spread betting provider. ... However, the fact is that if a spread betting firm doesn't hedge your bet in the wider market, then they stand to win when you lose and lose when you win. This is the company hedging the positions on their platform.
Last year, if people want to taking profits while they wait for the rig it's up to them. I doubt they will be getting in any cheaper and i intend to keep adding. So glad we are finally nearly there. exciting times ahead folks :)