Couldn't agree moore with all of that.2020 will be a real turnaround goal. I bought in here oroginally at over $120 per share!!
Trin will IMO not see that but could see half that. Genuinely. With time.
WTI now at $64.34
Can ( like buys) often liberate share-price. They sometimes release potential and latent downward pressure. Sometimes not.
They release free shares onto the market ( Mm's hands unless resold) . They can try to sell them by lowering or raising s/p dependingbon market mood.Threadneedle caused Trin to slump in 2015. L and G caused it to rise. WTI motoring. OPEC extending cuts. Iran under pressure ( less so today after Trump's vacuous comments). Demand allegedly set to rise and little back-up exploration.
I was right ( unusually) about the rise today.
Next week will be interesting. I sold a few today ( too cheap) to pay ills snd give some away but a drop in the ocean.
Can never know what Mobday can bring. Retreat or stagnate or climb. I know better than to expect.I do think FY report in 6 weeks may be uplifting.
Yes.Ok.Exactly. Makes sense of carefully timed AT sells to keep bid and offer down.
Sometimes tge s/p gets" released" after buys ( or sells) completed. I of course don't take this for granted with Trin! Could open lower. WTI lost a dollar and back to 63.5 but that's good enough for me !
I don't think you're wrong. But there is some interrst and many of the buys have been up to £25k at 16.4p plus. Even if u are very well iff it is no small amount. Mm's are fiddling which is annoying and obstructive but at least WTI is swaying above and below 65.5. Got to 65.7. Now 65.45. Sell Trin at 16p is ok I guess. Not far off my breakeven price.
have an issue with Trin. Always have. Serica/Cerp/Hurricane/Rrl....no probs. Trin has always been suppressed. I don't know why. Been in it long enough to know. We wouldn't be at 15.5 p otherwise anyway.
Whitman Howard have it as tgeir most undervalued stock !!