George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I agree. The communication is very poor or it is totally intentional in order to impact the SP on way or another.
As investors we need to see a clear path with more definitive timetable. If that is what they are working on then fine but at least tell us rather than vague notions of maybe doing something by Q3.
One question is...what are they actually doing today?
Whilst this is AIM we will see fluctuations in SP until we get solid news however the impact of the recent RNS suggests to me one of two things
1. It was intentionally worded to drive the SP down so that the big investors can hoover up cheap shares; or
2. It is amateur incompetence in how to properly communicate where we are. Either the earlier RNS was overstated or this latter one was understated.
Views?
According to this it took well over a month for the final lab test results. I guess this will be the same for HE1?
"Late last year NHE announced preliminary results from the two well drill program.
Today (7th Feb 2024), NHE improved on those results with final lab results from the drill program.
So many so called experts on here predicting the unpredictable.
It’s going to boom… it crashes
Blah blah
The funnier thing is that nothing said on this board affects the price one iota. I just use it to read when to buy and when to sell .
Currently I am just holding with zero intentions of buying or selling
People might get excited when there is "NT" (No Trades) in stocks just before the closing bell for various reasons:
Potential for Price Movement: Some traders believe that when there are no trades happening just before the market closes, it could signal pent-up demand or supply imbalance, leading to potential price movement when trading resumes. This excitement stems from the anticipation of a significant price change.
Opportunity for Quick Profits: Traders who specialize in short-term trading or day trading may see the absence of trades as an opportunity to quickly enter and exit positions based on expected volatility or price movements once trading resumes. They may hope to capitalize on any sudden price changes that occur when trading reopens.
Speculation: There might be speculative rumors or expectations circulating in the market about upcoming news or events related to the stock, leading traders to anticipate significant price movements. The absence of trades before the close might add to this speculation and excitement.
End-of-Day Strategies: Some traders employ specific end-of-day trading strategies that involve trading around the closing bell. They may closely monitor stocks with NT status to execute their strategies, which could involve taking advantage of potential price discrepancies or volatility.
Volume Spike Potential: Traders who look for volume spikes as a signal of potential price movements may get excited about stocks with NT status just before the closing bell. They may anticipate a surge in trading volume when the market opens, leading to significant price action.
It's important to note that while some traders may find excitement or opportunity in NT status before the closing bell, trading based solely on this factor can be speculative and risky. It's essential to conduct thorough research and analysis and consider various factors before making trading decisions.
And it's all gone quiet over there,
And it's all gone quiet over there,
And it's all gone quiet,
All gone quiet,
And it's all gone quiet over there...
Lull be fore the storm I hope.
Anyway dodged a bullet yesterday. Was trying to buy at 1.55 but failed. Will just sit on my 426000 shares and ride it out. no more gambling,
Expect a few profit takers at 1.00p (and good luck to them), slight drop and then rising again.
Confidence is building although a few like me who have been stung by placings and bad news will probably just ride this out without investing anymore.
Next technical results in around a week will be the clincher.
Good luck all.