Kavango Resources (AIM: KAV) has raised £6m and quickly invested in copper, silver and gold exploration. CEO, Ben Turney CEO explains the strategy at our Natural Resources Webinar, 5th December at 6 pm. Register here.
Jambone thanks for that podcast link
That was a good listen
You would think a big players rigs tested with QBT software should mean there a deal coming real soon
If the product really works surely you would take it - wouldn’t you?!
I am not a big chartist, but there is a fibonacci exenstion of 1.618 at around 20p mark.
So in my view, it is likely to hit that level and just below. So I see this bouncing off 19-19.5p
I think it'll get there but of course hopefully not.
If anyone gets in on that level it's likely to add 50% in less than one trading day when it hits it.
IMO only each to their own
Fleccy I am disappointed that you choose to live in your alternate reality.
You can buy a Ferrari with the bitcoin - if they then convert it - it none of my problem.
Please Fleccy keep burying your head in the sand whilst you missed the boat.
It is not a fake narraive that some folks have lost their bank accounts on opinions.
It unfortunate but please keep denying the sky is blue.
Let's say - sky is black because Fleccy wants it to be black! Lol
Fleccy you don't understand bitcoin
1. you can buy good/services with bitcoin.
Ferrari has joined in so you can buy a Ferrari with bitcoin millions
2. Countries with 100-150% inflation bitcoin is a hedge and a huge protection against political instability. Those who bought bitcoin last year in Argentina saved their 10K from collapsing to about 4K worth now - and also doubled their money on bitcoin rise. So it's not only a speculative asset on gains. It protects you from incompetent government wrecking fiat money. A hedge.
3. It's useful for criminals but also for persecuted minorities, good for non-woke normal people for example in Canada. You heard J Trudea freezed people's bank accounts for opinions. So there are more people buying BTC and cryptos to protect themselves from woke leftists.
4. Future is digital. Like it or not, it is.
5. Dozens of other reasons bitcoin etc cryptos are here to stay, doesn't matter what anyone thinks of it ok?
Therefore QBT is in a good place with Bitcoin algorithm AI etc advanced technology. Best of luck all, Cheap
LONDON - Barclays (LON:BARC) is making strategic moves to expand its retail banking sector, setting its sights on acquiring the profitable credit card and savings operations of Tesco (OTC:TSCDY) Bank. This potential acquisition comes at a time when Barclays is looking to fortify its UK retail arm in the face of a 10% decline in its share price since the start of 2023.
This is from investing.com
The acquisition would be a huge waste of money?
Priced at 1.5B!!! Any views?
Divi held that's nice for now!
Also earnings of 21.9B beat expectations of £21.6B
Plus Germany returned for growth.
I wonder if this is enough to propel the sp higher, or the paper loss will be seen as negative?
The markets often forward looking when it suits them.
Often times the market can look ahead by a 2-3 days seriously, there's why you get sheep selling at ridiculous prices. Then the price turns the next day and sheep panic buy. Rational markets should be though looking ahead by 1-2 years. With case of Amazon in USA they kept looking ahead years before the profits kicked in. I think the UK market is unfortunately less sophisticated and more imbeciles are involved. However I'm keeping faith that some reason eventually will prevail and PFC will also rahe in decent profits
Absolutely agree. Relax and let it ride.
Remember that Astaris capital does have beef with PFC, they increased their shorts from Feb 7th 0.49% to 1.29% by March 29th then boom! Then after that they very quickly reduced to 0.5%. This reduction equals to about 23.3m share. If they lost 20p per share that is less than 5M loss - not huge but still bad for them I suspect. Slowly overtime they have added back on - hopefully they will lose again - once wrong twice struck!
Best of luck to all holders, and I think silence from the board is good as there is no bad news to publish. Hopefully we get more good news in the December update.
I have placed a limit order to sell at 180p on all my petrofac shares, every single share has a limit order sell at 180p for 90 days which is the maximum length. If it expires I'll just renew it. I recommend all serious holders set your limit orders high enough that also would mean that they cannot give your shares on loan to shorts.
It doesn't hurt to point out does it? I value the shares currently at 180p.