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ecr 12% up now
ECR moving now
i agree , there is conatsant dilution in a lot of companies like this, but if that dilution gets us to 0.76p in the near future i would be more than happy!
My concern would be that many commditie stocks are always Jam tomorrow and years roll by with more drill results, sampling, seismic data for oil etc etc and nothing gets taken to actual cash positive production all the while monies eroded away on salaries atc then financed by further placings and dilution.
i was just optimistic in this case that there is light at the end of the tunnel and relative to some of the other REM sghares we dont seem to be moving
deal over a cadence for a chance to recoupl losses
so if a director say agrees to a pay cut of 20%
but the salary is paid in shares instead of cahs
and the shares are issue at a 75% discount to the market value
is this not a big pay rise?
is it thr HGOSF convert price of 0.4 thats proving the glass ceiling for the time being?would be shocked in you could get this for under 1 p this time next month
people (i hate the term the herd) may start piling in when they see the move up and pre RNS of contracts
WDC on the move up
No reason for dip
all recent news has been good, more gold, tax rebates, tax offset future earning
all good
3-5 bagger imminent
ive bailed for now - ithint in a few weeks it will be worth over 0.2 but it think as its struggled to break up further then a sharp seel of wil come when the new placing shares hit so my view for what its worth is that:
small fall back today say 0.11-0.115 mid price
maybe blip up when resolutions approved bask up to the 0.125 to 0.135 level
sharp falls on sell off of placement shares (20th of may i think ) maybe falling to 0.7
then good rise on net news followed by sustained upwards movement to 0.2p short term (4 weeks) and then up the the 0.4-o.5p withint 3-6 months
me too as in meetings for rest of afternnon from 3 and think there will be some drop as daytraders close
see if worth a buy back in morning
seems to be on the move
seems to the pattern with ones on a flyer, big rush in the morning, drop back a bit pre lunch and then big afternoon rise, maybe some people pick up the days movers over lunch and ask on them then