People taking a quick profit here15 Jun 2018 14:59
Off the rise may regret it. If you are trading smartly and don't fancy going all in, leave your profits in... imo you wouldnt want to miss out on a ten bagger minimum short term...
Its huge... lets hope for a bidding war! All anyone would be investor or someone considering selling look at where the SP was a few years ago when this started. Then think of how much more copper is now in demand.
It's certainly not 0.8 to sell. And yes SCC06... they are in a far better position than they have been in for a very long time. If their capital position remains good and profits keep coming in buybacks look possible. We'd obviously have to hear from the company though. Shame we've not yet seen what's gone on yesterday via an RNS.
It doesnt take much for this to move. You can have a full day where theres been no trading at all and yet it could end up 20% down or 20% up. After today that should hopefully change as the sell and subsequent trading will hopefully provide some liquidity - I dont mind so long as it puts the price back up.
You wouldnt think it'd be a struggle given 14.5mil of the buggers just went. Wanting the company to go back private may be an option though but at this price? I wouldn't approve.