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I hope you’re right I’m just over 50% a king and 100% keen and hope the Co can go the distance without a t/o. There is no smoke without fire to the Aethel story otherwise why has some Portuguese journalist pushec out the spin. As I said the band may just be tuning their instruments.
Or maybe it’s the case of the band, still tuning their instruments.
I appreciate what you’re saying about news but if there is still a seller prepared to sell into the news, your target is doubtful. No amount of Co presentations or news ( other than an offer ) will lift the sp unless the market wants it. IMO
The good thing about it all, short term chancers are kept away for the moment and whilst RIO not playing at the moment, their boss sees the potential
https://stockhead.com.au/resources/ground-breakers-rio-wants-to-be-a-step-ahead-as-it-sees-10x-lithium-demand-growth/
Let the trade data be your friend whilst there is a continual supply to mop up buys. The pattern here over the last 2 months or so, up a couple percent, next day down. That mould needs to be broken.
The band is playing but as yet no one has stepped up onto the dance floor.
Whilst in Australia and back in April it’s worth a read
https://www.marketindex.com.au/news/did-the-liontown-bid-trigger-a-short-squeeze-for-lithium-stocks
Your conclusion re sp might be right. In mean time
https://stockhead.com.au/resources/ground-breakers-why-the-liontown-takeover-is-good-news-for-your-lithium-junior/
Interesting target from SP Angel, scroll down
https://www.share-talk.com/sp-angel-morning-view-todays-market-view-tuesday-19th-september-2023/
A penny drop from the recent placing is somewhat overdone done don’t you think. Placing raised at no discount on an upward movement of sp. Despite trades buy or sell sp remains the same at moment. Perhaps a percent up or down end of day or beginning. Recently made quite decent over 200k top up to immediately be matched two minutes later with sell of about the acme amount.
Interestingly no comment from Aethel themselves but I guess as a privately held Co, there is no need to deny or confirm but a few nicely placed leaks here or there will do for now. Maybe
Saw a typo in my post thats write not right
Don’t right it off just yet. All SAV have really said is Aethel have made no approach. And to the question of sp. Just read what happened at Liontown. Manipulated by hedge funds. Imo sp here too
being manipulated down by some one. Let’s see if this has more to play out over a period of time.
:)
Over to you Aethel. IF AND WHEN APPROPRIATE
The ‘shady tactics ‘ as you put it , whether Aethel or someone else, imo, have been in operation for months
Same story different source
https://ground.news/article/portuguese-american-close-to-closing-purchase-of-botici-lithium-mine
Thanks for that. Apologies I was lazy I had not done a Google translate but have just done it. AND yes you would think SAV will have to comment. Maybe they will just wait for Aethel to strike snd then respond with a ‘do nothing’ advice to shareholders. So far there is no extraordinary trading or movement in sp. So I guess they just sit tight ?
Just a clarification isn’t this just the same reporting we had some weeks ago or goes it contain something new.
Nice find IB, care to share that over on the other BB.
WB
They seem to have assembled quite a team as per details to be seen on the website. Recruitment continues with platform engineers etc, all details via website or their LinkedIn page. They have a shortened financial year for 22 from April until December. According to Companies House those accounts are due for publication end of this month. There should be some kind of statement within the results on the development and progress of the business. Whether they can say too much at this stage remains to bed seen.
A lot of tiding up of the corporate side of the Company. Release finally of year end accounts April 22. Changed subsequent financial years to Jan to Dec with shortened period last year to April until December. Change of Co secretary and release of major holders with the annual statement. With the Times article it is suggested they are near to closing major pharma deals to take advantage of their unique IP. Hopefully we may see some news of this quite soon
The document provides details of holdings above 5 per cent and amongst others Alex Snow has invested and holds 250 m that’s 2m quid at the 008 pence per share.