Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Reality. Good post. But these issues are well-known , and 2024 is set to balance them. Nothing has actually changed from 80p ( except the interest rate, likely now peaked). Market overshoot both ways. Especially when shorted. Great entry price. Well done. I can’t or would.
There is no gripe , either on this board or by shorters.
Shoryers are not interested in reasons, just in making money. One should never read anything but that into their moves.
They don’t communicate with anyone except instis, mm’s, favoured clients.
To understand shorting and its modum operandi-ever evolving-has taken me decades. Too many people jist don’t get their detachment from reality and inherent plasticine manipulation of the s/p.
I am entitled to my view and my feelings. It is supported by many renowned macro and micro economists but who cares?
I have a deep academic background in macro economics but who even cares if I do?? I have supported justification in what I say but am entitled to my own view with or without. I disagree profoundly with you and that , too, is ok. I would not criticise you for your view, even though I feel you are deeply wrong. You always react when people criticise shorting.
Anyway , who cares. Shorting ( apart from naked) is legal in many countries and I ain’t gonna change it. But it is deeply destructive and should be better regulated or banned. End.
Lilo
Asfari plus Iskander plus the CFO all bought at 64-66p in November.
They know the score. Shorting disgusts me ( I am BSc plus MA in Economics so do understand systems) but weak govts. allow it as they profit from it. US is one of the worst even though it has the SEC.
Shorting is supported by the false argument that it exposes weaknesses. A cop-out. It destroys fair markets and decent companies and finishes off struggling ones who could survive.
This share will not rebound quickly. Be prepared for a languid low s/p and just leave it. Shorters are in control and not in a rush and want to buy your shares sold in despair.
Don’t sell!!
Nothing has materially changed. Sadly this is what shorters do. They increased March 22 ( one decreased) and there is now around 4% shorted. That’s a lot of leverage via autobot. Kairos were waiting for this time since last year. They may slam dunk it further as they do to catch us out, but sometimes, especially on a Friday, they call the bottom and buy back. Insiderctrading is the norm, but there is no impending SFO.
Interest rate rises this week have not helped, but demand for oil goes on and China will eventually resume demand. Xi cannot stop the post-covid demand to live fully again.
This is being controlled by shorters . Period.
Pfc may and probably will , be driven down further. But shorters have to buy back . 50p 48p 45p or 52p (today’s price).
Anywhere could be the bottom.
Those wishing to buy in, you may of course get it wrong and miss it. There will be a surge if it hits 50p . Those long and losing , like me, just sit and leave it. Directors incl departed Iskander, bought at 64-66p. This is its natural floor. Below this is forced by shorters. New contracts will arrive and China opens up fully in the summer ( May in most of China) so demand for global oil and oil services will increase. 52p for Petrofac? A steal.
OMG arrogant twots really ruin this world. Have some humility or just bog off.
You are exceptionally boring. Keep your arrogant trades and irritating share ideas to yourself and make your money quietly without bragging.
You bore me, not sure about anyone else.
colin.lawrence@talk21.com
Email with holding and sum invested (proof helpful as no doubt the management will want to infiltrate).
245 members to date.
ALL investors should eventually be a part of this.
Thanks Porky.
I hope you also join.
The directors will know what is on these chatsites, but I can safely say that there is a good case.
If you are not willing to write off your losses in defeat:-
Wheels already set in motion.
Send email with confidential sum invested and shareholding.
colin.lawrence@talk21.com
No timewasters, no trolls, no bull**it .
Just part of the 176 -strong SAG.
Total sum invested by all members is large and growing.
I received confirmation from Interpath -following my email to them yesterday-that RNS due to be released today.
Can have no idea on content-positive or negative.
Knowing both parties involved, my feeling is not of overwhelming joy in anticipation though.