Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Most of those companies on the site deservedly increased in value of over 3-5yr+ people on here thinking the same will apply in a few months, those people are called rampers. Lets have a proper discussion on the company and things happening rather than pie in the sky sp figures. Most on here seem to be gamblers just wanting an increase to then move on. SyME has great potential put in an isa and top up on the dips and give it a few years and you'll see great potential come through. Patience is the key not overnight success.
Ramping has gone to another level on here, guys please be reasonable nothing goes up in a straight line there'll be corrections along the way.
Its amazing how so many have managed to buy on the all time low range
Mate I've been on here since the IMTK which then became Abal. All I'm saying is let the company grow organically rather than chances on here inflating the price to suck people in whilst they chase the next stock. I'm in here for the very long term mate so don't be putting fibs out.
Also lets be realistic, SYME needs to get ahead of the game as you can imagine if this succeeds then you can guarantee banks will be following the model soon so further competition
I don't think people are understanding market cap and shares in issue properly.
Take SNG as an example has Shares in Issue149m with current Market CapitalisationĀ£353m thays why it had room to explode like that. SYME is already at Ā£106 million mcap and shares in issue of almost 33 billion for it to reach Ā£318 mcap we're talking 1p share price. To hit Ā£1 billion mcap we're talking over 3p share price. The question is to ask, is the company worth Ā£1 billion now for it to jump up like that.
Sorry meant to write Ā£16 billion
Yes agree the value of the share will increase but based on current status there are some nutters saying 50p, thats valuing the company at Ā£32 billion, thats ramping on another level, lets get back to 1p first.
At 10p you're currently looking at this company being worth Ā£3.2 billion, maybe down the line in 5yrs plus but that's crazy talk now.
Yeah after consolidation, the sooner they reduce and re rate the better
Yes there will be the CEO even alluded to it, thats why if you can buy as many shares as possible as it could a 10-1 or even 100-1 consolidation due to the ridiculous number of shares in issue.
Plus next week there'll be oppurtunities to top if there's dips along the way.
They should consolidate the shares now and over time the real value will come through
I think people getting carried away and are forgetting there's 33 billion shares in issue. People gone into uber ramping mode, the likes 40p+ would value the company at over Ā£10 billion
Lets hope the price maintains and stays or goes up
Thats when Jim goes quiet as he'll get rumbled with fake trades and the averages supposedly made Ā£2k profit per trade and 3 achieved today when the price fluctuated a bit
Such a great day in holding the price, I must admit I thought it'll drop today but held on and exceeded
Its playing games at the moment in the 0.29-0.31 region
We still got a long way to go to hit the 0.80 when SYME first came on. I'm still in from IMTK days so my target price is a lot higher so won't be selling anything for a very long time
if this is Islamic Sharia compliant then definitely you'll be seeing SYME be market leaders in that scope which will unlock so much potential for them. This just keeps getting better with SYME.