Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Three broker notes today, one forecasting �2090 reiterates 'Overweight', one �2000 reiterates 'Buy' and one �1430 reiterates 'Hold'. None recommend sell. Yes, all three have reduced their forecasts but nothing like the drop today and yesterday. I'm tempted to add a few more at this price...
In the last trading update, they had under �300K in cash left and indicated they might need to raise more within 12 months given their burn rate. The last placing was at 2.75p. If I was them, I'd be ramping the SP so I could raise more at a higher price. And if I held 10% of the stock I would be doing the same so my holding wasn't overly diluted by a raise at a lower price than 2.75p. So perhaps the recent TB news and Texrad tweets etc is a sucker move to attract PI's to boost the SP before another placing so they bridge the gap between today's SP and 2.75... Thoughts?
Quiet is good as far as i'm concerned, keeps the hysterical rampers/derampers away so we can have civilised conversations. I got in at 80p and have been pleasantly surprised by the two recent updates. Their financial year is Jan-Dec and they have already said 2018 would exceed expectations! Looking forward to more updates in the same vein. I topped again this week.
I think comparisons with ARM are very dangerous. ARM licensed its tech, IQE manufactures theirs, very different businesses. And ARM enjoyed near 50% net margins. IQE less than 20%.
...just bought 5.14%
Why would Schroders subscribe in November at 1.40 and sell some (or all of their holding) for less than 1.1 last Friday. What spooked them?
Does anyone know the answer to this question: As I understand it, if I go short, I borrow the shares from someone who owns them, sell them in the market and then, either when they need them back or I've finished the short, I buy them back and return them. Question: do i have to register at the point of borrowing them or at the point I sell them? Does anyone know?
I think this will go below �1 today. Question is, where's the support below that? Any thoughts?
That's true but the overall number of shorts has gone up to 12.26 of declarable positions in the last three days. Source: https://shorttracker.co.uk/company/GB0009619924/ And yesterday's volume of buys doesn't indicate a rush to buy them back yet.
Anyone know why this dropped so quickly around 15h this afternoon?
looks like the CEO was not involved judging by IGE's reply to an inquiry yesterday to an ADVFN poster: Hi all, reply from IGE company secretary re. share sale. There were no caveats on the email, so I think it's ok to post. - "Thank you for your enquiry yesterday. Whilst Reyker Securities are named on yesterday�s announcement, the underlying shareholder is Boundary Capital and they have indeed sold some of their holding of Image Scan shares. However, I can confirm that none of the directors have sold any shares and their beneficial holdings remain unchanged. While I can only speculate as to the actual reason Boundary have chosen to sell some shares today although having been a supportive shareholder for more than three years, I suspect Boundary sought to take some profits, following the recent positive trading updates of the Company. As you are aware, the Company issued a pre-close trading update on 30th October (hxxp://www.3dx-ray.com/investor-relations/rns-announcements for your reference) and I confirm this remains accurate and not misleading. I hope that I have answered your concerns."
Someone shared this link which indicates the CEO was involved http://www.3dx-ray.com/investor-relations/key-shareholders/
He said they were buying, at around 40p
Some very large sales today and volumes three times the usual.
some large buyers and not many sellers is driving this up today. well done all who ignored the groundless suggestion that this would go to 32p.