yes, I thought that today might have seen the price fall somewhat, but it did hold up well. having said that, reduced my holding to 50,000 . my average is in the high 38s, so hopefully prove to be a good investment long term.
well, looks like we're stuck in this trading range for the time being. impossible to say if the mms want to take this lower....has looked technically oversold from mid September all the way through to the present though, which is a long time to be below 30 on the RSI.
they must rank highly in the most useless category....what's the betting that the carbon circuit will have been delayed and that the guidance for 105k oz. will have been lowered yet again....? am tempted to crystallise my losses now and move on, but hanging on in the (most unlikely) event that they will release some positive news ?!
trading more or less around the 38p mark all day , and then in the last few minutes taken down to 36p, finishing down 0.5p on the day! don't think I'm remotely surprised any longer....
the number of stocks that you see taken down almost in a straight line from 2pm-ish onwards is staggering. I have added some more too. AISC of $900 and production nudging 300k oz. . highly profitable still, and quite capable of paying down the debts incurred in the acquisitions, etc.
does anyone really listen to them? Jefferies , for example, have just put a hold rating on Man with a 120p 'target' . Meanwhile, the same broker has just issued a buy on JustEat with a 450p 'target' - that equates to a £2.5 billion m'cap.!!!