Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The pressure is building, which is being seen with the spread narrowing to a really tight band. The price will now have to move up. Currently 13.7p to sell
I'm not sure what was puzzling.............the shorts were expecting Wizz to miss full year guidance. I did as well to be fair, hence was I was disappointed not to sell at 2400. However, with FY results in line and 25 outlook appearing even more promising, I can't see shorts staying in play, particularly with Israel conflict calming down. This could very quickly rise to £3 over the coming weeks
Thoughts?
I thought it was reassuring that they were in line with revised guidance and the outlook for 25 looks strong. This could bounce quite quickly. Be interesting to see if shorts now close for fear of getting burned
Last trading day tomorrow.............be interesting to see what the SP does. I wonder if there'll be a last scramble to hoover up shares from the big boys, or a last ditch fire sale from people trying to get out
Possibly so, I'm also unsure what to make of it. The SP reaction continues to be positive, up to 86c today. Still a long way off the levels most have bought at, and still below the $1 threshold for NASDAQ holdings.............but it seems to have momentum and perhaps something will come of it
SP flying today, up to 72c. I know they were doing a presentation, so i presume this is on the back of that. Looks promising, unlike Accustem. I don't even know if i'd be able to sell the paltry amount of Accustem shares i have, i imagine they're very illiquid
The muted SP reaction to today's RNS hardly helps
This is my biggest fear/concern with PHC. I know they reviewed this last year and decided to continue but Griffiths has influenced ETX and C4XD in the past month to delist. Given his significant holding here, I'm concerned he will encourage them to do the same. It would be disastrous for PIs at this level. So undervalued.
The main difference is ETX and C4XD require lots of capital and sit in the life sciences sector, unlike PHC which may make a difference but I'm still concerned
Sam will be pleased to get it out the way, just in time for the greens firming up
I'm surprised by the rise, in conjunction with the shorts increasing. Someone is going to get burned here, and my gut says it's us because I think FY results will come in under expectation. I'm considering cashing in now but the optimist in me wants to ride the wave!