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Not sure what’s going on at corporate/ takeover level but a couple of fairly big purchases today. Sp firming up again
* Sorry that was for Chilston specifically. Belated seasons greetings to all. Best wishes and happy hunting!!
It’s called value. You see value. Whether it’s a short term rally of a low or something more . We shall see. Some of us paid a bit more so we have the pound cost averaging thing. You aren’t the first to have made a bundle and then like water let it slip right through your hands. Going back in for more punishment today in morning
Correction 1 * ‘I’ not ‘a’. Correction 2 ‘offer’ not ‘office’ I shall have start drinking less beer!!! Best wishes. Nice article
Highveld, Good call. I will top as well again first thing in morning. Price has drifted in buy territory
Led Zep , a totally agree with you. A great summary. Accurate , succinct and pertinent. I don’t believe that VM will put us on that ‘ stairway to heaven’ . Let’s see a firm cash office and a plan to take us forward and what they will concretely offer, rather than as I said before ‘ smoke and mirrors’. Nice one mate . Informative
Thanks Tony. So £1.03 is our first upside resistance point. Looking further ahead and upwards in terms of the sp and chart where do you think our next resistance levels are before we get even to close to the heady days when we peaked. Thank you for your response
Tony belated Seasons greetings. I will always bow to your superior chart analysis but whether I adjust the timescales from daily to monthly the last two or three bars on the mining index chart , that you’ve forwarded to us all, are still red. I really hope that you right that a bottom has been established. I’m not so sure. Not that I know anything and have full respect for your calls. Have another look. I do bow to your greater judgment .
Yesterday the bid / offer spread was predominantly during most ofthe trading day just 1p or 0.82%. What can we read into this especially how the market makers set the price ? Looking at the trades it’s not always clear whether the larger deals were buy or sells. What does this very tight margin tell us if anything???
The sp reflects the strength of the’ first offer’. It’s rare that the ‘first offer’ is accepted. It’s just a citing shot. We all hope that an improved ‘ offer’ will come. This should clearly show an uptick in sp. ‘ katstrangler’ , your comments make sense particularly those pertaining to the board being outmanoeuvred. It would be a sad day if they accept token positions or share options within the proposed new structure/ company. I hope they show integrity, tenacity and true grit to protect the interests of our company and its shareholders . Clearly VM is no messianic angel
There’s a saying ‘ she wants champagne goods for Micky mouse money’.
We know that £2 is the minimum now with the acquisition of a near 10% stake at that price. We know that VM bought a truckload at 40p. To be honest she wants Saatchi on the cheap. The imminent results will show the business is in great shape. Many will trust VM. Personally I trust £ notes. Let’s have a firm cash offer on the table and less smoke and mirrors
I still believe that you can top up if it goes under£2. But will we see that again. The old saying buy into weakness sell into ……Still a month away
£2.50-£3 looks the range . Vin accumulated very early at less than 40p. She’s tricky! 10% for next to nothing
Happy new year guys. We will have a great 2022. The messages have been clear from the board. All positive. The upside opportunity is massive. I cannot see any downside. Look at 2-5 year graph . This is only going one way. A rare gem . No worries
A once in a lifetime opportunity. We now have institutional support. There has to be visionaries. Then the sheep follow