Member Info for Hollamatronic

I often check share prices in between google chart refreshing.

eqtec

And some of them were laughing at us a couple of weeks back... 38p down to 22p in a month... hmmm be careful mocking others misfortunes methinks.

seller amoy straight to wok noodles!!

I can get a quote for £500 at 2.25

SXX failed for many reasons. Its potential and what is in the ground wasn't one of them - Anglo American picked all that up as they see the potential. The management were given two options - sell out to AAL dirt cheap or take an offer of loans/finance etc. to keep running it. They bailed on SXX as they had no clue how to take it forward and cashed in for their own gain IMO. SXX could have succeeded with the right people and time. They needed billions to build a mine - £4b near enough with $2.5b left to raise...

GGP have newcrest doing a large portion of the costs, a loan from them for our portion, a processing centre down the road already built, a product people want and their will be orders for etc. We don't need to suddenly go out and try and raise several hundred million at a time to get this project off the ground, pay construction costs, staff costs etc.

Click the trades above you'll see

04-Feb-21 08:01:05 81.6612 130,062 Buy* 75.00 75.50 106.21k O

So it was a delayed trade from first thing - whether a buy or sell who knows as it was delayed until after hours and it is just guessing based on the closing price.

No it isn't especially as it didn't want to drop once it got to around 74p.

Yeah you just need to sell enough at the right time after they've gone up far enough!

I wanted it during the March crash and was kicking myself I missed out at the 60 - 70p levels... then it went up into the £1s fast and I was so scared it was going to drop missed out until it consolidated in £2.50s... then the CEO decided to leave and it plummeted leaving me a grand in the hole. First time in my life I was happy - why? It had gone down to levels in the mid teens of the £1s so I loaded up in all my accounts. Now I don't care what it does as this is a long term hold for me from one of the few companies I am happy to have in the UK stock market. Brilliant company used their services for years. Even considered working for them but it didn't pan out logistically.

AFC has been a holding of mine for a while - I was put on to it by someone else - and it seems to be the moment for it to start moving big. Hopefully it can do a Ceres or ITM in the coming year! But then I was wrong and bought in on the back of a spike last summer at 28p and had to be extra patient... hopefully good things are coming.

I saw a bit in Shares Magazine about NEX - highlighted as one of five to buy because of the vaccine rollout. They seem to have bought some at 247p or recommending to buy or pretended to buy - never sure which! - and note the surge in bookings for the summer and the growth prospects and that brokers are bullish saying it is a matter of when not if revenues return. They are normally pretty good at their timing of recommendations etc from my experience.

Of course those looking to buy should research more.

He said why he bought in a tweet. Yes, it was basically to stop the slide as he thought it had been way oversold and was a silly price.

No one knows why someone sells. Maybe they saw an up day and needed to pay off a call somewhere, or tax bill, or any number of reasons. But yes the ongoing court case never seemingly resolved isn't a great thing.

I must say after reading all this info and the presentations I'm actually quite excited about a british company and share for a change. Most of the FTSE 350 you wouldn't want to own or say has good prospects but this company looks like it can become quite a success story.

On my travels in 2019 I met some aussies and their minimum wage is unreal, but then so are the costs. Yeah those who go normally find they can't afford to come back! My mate had the same in NZ he was looking at houses and the cost was like £400k for something not very good.

I too have done well Red - it helped me on my travels around the world in 2019 and has helped me recover the costs of the travels thanks to buying in when it was low and holding on the way up. Any move up from this level is a bonus but if it remains here for another month or two or three so be it.

Thanks for the response rivaldo. Most illuminating.

Don't kick yourself you did what was right at the time.

He never said he was going to... He is leaving at the time he said he was going to long ago.