Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
I don't know if the article on yesterday's share news is relevant, but I'm at a loss too.
Fingers crossed my last post hasn't jinxed everything and that the large trade this morning was a buy
I sold EUA at a loss last year, and the SP has nosedived since, but I sometimes still check the sharechat. Obviously there's a lot of optimism / wishful thinking, but someone did post about how they used to hold dragon shares before it folded, and how at one time the SP was sub £1, but eventually went as high as £8.20.
Now the reason I'm posting this is because whilst no-one knows what the ceiling price will be, or when that will happen, Richard Sneller may well have a get a vague out price in mind, with many variables to consider. Not only does his most recent purchase give me hope, it's the fact that it's so soon after the consolidation too.
All investors are welcome, but some are more exciting than others.
Obviously DYOR, but thus far I have no negative thoughts about the consolidation, and despite not having a crystal ball I am definitely holding as stranger things have happened and I'm pretty sure other companies have seen a surge over the years. Let's hope TRX is one of them.
GLALTH
It's frustrating, I agree. I could understand why some were doing it before the consolidation but there's obviously something I'm not understanding here!
Thankfully it hasn't put Richard Sneller off from increasing his holding so there is that
Someone bought one share and sold 5?!
I'm so glad I saw yesterday's RNS!
Fair point Platoh, it does depend on the price.
My average is just over 0.5p, so even without any spread that would have to be my starting SP and I don't think it will get that high (at least).
That said, no decisions have been made yet and all reent news has been very encouraging, so who knows what could happen.
I must admit my hopes of this being a 10 bagger aren't what they used to be.
Sorry, I know that's not what you wanted to hear, but then again stranger things have happened!
I sold my ITM shares about 3 years ago. Missed out on the highest price, but did OK nevertheless.
With all the talk in the media about hydrogen etc, I thought I'd check in here again with a view to perhaps buying back in but I'm gobsmacked by the SP. Obviously I need to do more research then intended, but I didn't expect a drop so big.
For someone in my position I can't decide if that's a good thing or not.
Hope it all works out you, I'm going to have to have a think about it.
Great news, he obviously isn't fazed by the idea of a consolidation.
A 12% stake is certainly a sizeable chunk to have. Let's hope more like him get on board.
GLALTH
Some pretty large buys going on here today.
Obviously not everyone is worried about consolidation.
I can appreciate people's concerns about consolidation, but when you read articles etc, about TRX after the dilution, the main criticism is the number of shares in circulation, and that combined with a SP of a fraction of a penny will put people off.
If they consolidate with a SP of 60p, then I don't see this being a ten bagger as others have said many moons ago, but who knows? I was invested in ITM in 3 years ago and got out at a good price, but it's absolutely plummeted since then, despite hydrogen getting a lot of press (I don't read up on what's happening at ITM anymore though).
I don't know if a 100:1 consolidation will work out better than 10:1, we'll just have to see. I do think there are a lot of people who would be interested in investing in TRX, but not with the number of shares etc at the moment.
And don't forget that there will be investors who don't yet have TRX on their radar, but will think a SP of 60p will be an absolute bargain when they do.
GLALTH
Well mine is certainly being tested. Where are all the investors we've been waiting for?
Always seems to be the case that whenever there's good news, the short termers sell soon after.
That said, I don't think there have really been that many selling as there has in the past, so maybe the 'shorties' are dwindling in number, and people are deciding to stick with it.
I think TRX will be a slow burner. A sudden and significant increase would result in plenty of people selling up, and they can't really afford that (I'm thinking of what happened with ITM a few years ago).
More ii's would be very welcome.
Thanks RN1 - I suppose we'll just have to wait and see. I'm certainly more than happy to be wrong :-)
I agree that NASDAQ would be great, but when you look at the minimum requirements, such as the minimum bid price, then I think it's unlikely.
Brilliant news - and no mention of a takeover either, which I was dreading.
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Now time to read the other RNS
Where is that blessed update?!
If 2021 was anything to go by, we might be waiting until Feb, however perhaps that was later than usual bevause of covid?