I don’t think anything anyone says on these boards makes the slightest difference to where the price goes, the fundamentals of the company, MCap etc is what decides it, if I recognise value in a company though I like to try and share that with people as I’ve been doing this a while. OEX is very undervalued at this price, but the Market Makers need to make a market hence the terminology so drops for no good reason unfortunately happen, it’s impossible to time entries correctly every time unless you get lucky but a bit of patience and people will be rewarded.
RE: LESS THAN 2 HOURS UNTIL ASX OPENS07 Apr 2021 07:18
Wouldn’t be surprised that should read, been invested for a while here and the news we had recently is definitely a complete game changer. Just do your research and you’ll see this is very cheap. Will there be a placing, who knows but I think the price will go far higher before there is one anyway so irrelevant.
RE: LESS THAN 2 HOURS UNTIL ASX OPENS07 Apr 2021 07:13
Whilst I’m not one from price predictions I actually think this will go up today and not down based on yesterday. Would be surprised if it touches .60 today at some point, but who knows I could be wrong!
RE: LESS THAN 2 HOURS UNTIL ASX OPENS07 Apr 2021 07:01
Why do you think it will drift back down to .30, sounds like you want it to! Ignore the Oz market, we’re leading the pricing anyway. Even if it does drop today this is only heading one way and that’s up, the volume of buying yesterday says it all. Good luck all.
Don’t be worried it WILL go back up again and will no doubt rise as quickly as it’s fallen recently, hope that makes some people feel better who are getting twitchy. Havieron is a monster gold deposit, we have a Gold major fully backing us and most of the well known financial institutions are clambering over each other to buy 100s of thousands of pounds worth of shares. Not only that the CEO who is leaving has just bought over £100k worth, that many people can’t be wrong. Sleep well and don’t sell.
These shenanigans can’t carry on for long, the buys that have been coming in over the last few days have been ridiculous. Lots of £100k plus buys, should think it will fly back up past 30 as quickly as it’s dropped soon.
There’s definitely something brewing behind the scenes here. Some large buys came in at 3p+ and have continued to come in during the drop. This is my largest holding now with GGP a close 2nd, I’m confident this will be many multiples of its current price in 6 months time. I think there will be a very large jump in price over night if they hit the jackpot at 1 of their projects, it’s inevitable. PJ has put his money where is mouth is too and is very confident, let’s all make some serious money with this. Nothing else at this price with such a lot going for it.
What’s ironic regarding that funny Doc chap is that even him mentioning POW ultimately raises a lot more awareness of it and the sharp ones will research, ignore him and invest so I hope he continues to bash it.
Thanks AQ, I’d read that RNS which is why I found the wording of the latest RNS contradictory in terms of the dilution statement but I’m fairly confident in the methods of raising finance they’ll use, PJ holds a lot more value in his private investor base than most others and I expect it’s something that just legally has to be in there. All good.
Good news again, only thing that makes me slightly apprehensive is, ‘Going forward both Power Metal and Kavango will be required to fund 50% of SJV costs, or be diluted in line with standard industry dilution provisions.’ Basically means we’re going to have to find a fairly sizeable chunk of money which is standard stuff and hopefully achievable using a placing at close to sp at the time, dilution is different though. Hoping that’s just standard wording though that legally needs to be used...anyone else she’d any light?
I was the same Tom, looked very closely at it when it was 0.28 but had a large amount tied up in GGP and couldn’t bring myself to selling any having been in there since 3p! Freed a chunk up when it was sitting at 2p as calculated there to be a higher rate of return now here at these prices, on to another winner with this one for sure.
Good to see such a large increase in buys/sells and some large buys at over 3p. With so many projects on the go and expected news flow I think we’ll see this hit 4p fairly quickly now and then onwards and upwards, great company to be invested in!
Morning all, so much potential here still, so pleased I got in at 3p, never get a return like that from anything else that’s for sure and all tax free too which is even sweeter! Power Metal Resources is another to take a good look at if you haven’t, great projects being worked on and already moved from around .3 up to around 3p, do your research but another very good one in my opinion. Have a good day all.
Morning all, great start, I think a lot of people are going to be late to the party with this one again like GGP. I got in at 3p at GGP (2p here) and people still buying GGP now, hopefully more will get it to this early and make some good returns as I see this one going 10p plus short term and far higher once 1 or 2 projects come to fruition. Communication is key and Paul Johnson is great at that too.