Hi JL Current sp is a buy imv on technical and fundamentals and PIs interest is well aligned with BoD ones. Their latest analysis showing best gold amount/t with a high grade … Ii and insiders holdings are more than half of the company value… Really on short,medium term PAT rewards from here is great and where are the risks!! Ah well india in the background still unfinished business and may come a long in one way or another… All in all it’s a good bet at this low sp and patience is required to recoup all the loss this sp from its peak at 38/39p…. GL
NPF “ I used to use stop losses in the past but noticed that they were getting triggered a lot of the times only for the shares to recover within minutes” Never use stop loss bottom …it’s a cone to steal your money….well known
Universal vaccine must be found asap…. Sclp…at present will not manage it by its own… I expect Sclp announcement of licensing one or two of its products and/or partnerships..maybe both.. Just imo Holding strong As always dyor
It seems the market lures investors on share rises towards 15p-16p then pulls back to around 12p-13p again ,repeatedly of late.. The facts are the free float is low amount 47% of the 91m total so it’s quite tight. The majority of shareholdings are held by insiders and ii..and the NE chairman holdings are 8.75%. The BoD seems good here too and their interest aligned firmly with the successful endgame and shareholders interest. No financial distress or planned raise in the near horizon either. The trading spread is somehow inhibitive at present to the new investors or at least the day traders and very short term investors alike which dampen the daily trading volume. Latest RNSs are very positive and I can see it as a buying opportunity at the current level or at least to accumulate but only with limit order or when the spread is much narrower… IMO the sp will spike as there is nothing to stop it doing so with any further positive news.. Recent Gold price in general is depressed too and most if not all gold miners are down in value. PAT is as safe as it can be now with this low and undervalued sp…I will be adding more next week if it stays at the current sp..and recent high grade with big amount of gold appears on analysis /t.
Porky…” As we only have 65 m of shares in issue,” Only 49.9m shares free float remaining so it will be a major squeeze if any funds or ii wanted to buy..hence I think the sp will continue rising until the 28/9 in expectations..of course one has to expect the volatility at the same time as profits takers step in… For me this is now a longer hold .. GL
With ceo holdings 17% of total shares..speaks volumes… His interest is well aligned with ours… Holding strong and the coming news proves how undervalued the sp is currently… Holding strong and GL investors