The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Does anyone know how many shorts are still open please. I think I read earlier about 9% still open? Or at least point me in the direction where I could see for myself. I have a feeling some of those sells today were shorts closing, which obviously affected the sp at the time.
I haven't bought or sold any HEMO for a very long time, but this drop has become very tempting to buy again with news due so soon. I have a feeling that some who sold this today will regret it very much. Is it a tree shake, not sure. But it certainly makes me smile.
I have Monday in the sweepstake, but if it’s sometime this week, I’ll be a happy bunny 🐰 anyway. The important thing is it has to be the RNS that we all want, CH to be lifted. There are no guarantees in life but the odds are very much with us.
Good luck to all of us 🤞👌
Well it is FOMO Friday after all, so anyone who sells on this day, especially as we know we are due news within about 2 weeks MAXIMUM. Must be foolish imo. Monday is the most common day to get a RNS, even though in theory you can get one anytime. So yes, I wouldn't be shocked if we get a flurry of late buys in the last hour of trading.
I sure wouldn't want to be out of this over the weekend ;)
Morning all on this fine sunny FOMO Friday. Looking at the buys and sells so far this morning, it seems there's very little in it to me. Yet the MMs have moved us down slightly, That's nice of them!!! Haywain, in answer to your sweepstake question, if the RNS lands Monday, they are the winners, I've got Monday of course, and always feel t's the favourite day for any RNS. I'm convinced if it doesn't come Monday, it'll be next week anyway, or early the following week. Just my opinion.
Welcome Mary to the fold. I think you'll do ok out of your purchase
Yes, nice to see a bit of decent buying now, but no change in sp (yet). The only change I can see is the maximum buy has reduced to 100k from 250k (before NT), max sell is still 750k. Maybe the sp will move up late, but at least the price is fairly solid around 3p until we get the RNS we all crave. Time is definitely running out before the big surge.
GLA
Basil, great post and a scary thought too. Think about it, a 300% rise in one day isn't unrealistic, and it could happen this afternoon, tomorrow or 20 days at the most. I accept there are no guarantees here, but the chances of a CH lift is likely. Yet many traders are happy selling for the price of a happy meal. Extraordinary!!!
Haywain, I take your point re business days, but nearly all RNS’s land on one of those. I have the 13th February as the very last date it could land, hence 15 business days, but imo will land well before that. I fancy 29th January as my estimate, but who knows, it’s soon enough anyway ;)
This conversation has got very nasty, and unnecessarily so. I think you know the answer, a maximum of 15 working days left and a minimum of one (tomorrow). IMO it won’t go anywhere near the 15 days left to go
I think you're right a few will sell at 3p (I think they are nuts personally). It's an easy decision for me, my average is only 1.57p, so a substantial paper profit at the moment and CH lift around the corner is extremely likely to happen. I will slice a few at that point. No brainer.
GLA