Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What is everyone's plan of actions to when they may take a little profit or even sell??
I bought in last year and planned to sell end of the year depending on the SP, as I thought bitcoin would just follow the previous cycles and fall....
Then a lot of stock to flows like Plan B for example shows May-June possibly peaking at 150-288k then dropping, but then Michael Saylor saying he expects the bull run to go on for another four years! With all big institutions and big companies now getting involved and Argo now diversifying, it's hard to even consider selling EOY, even in big profits!!
It would be good to hear some of the intelligent opinions on this...
LT thanks for all that.... So in regards to you saying with the other things factored in, our PE will be even lower.... I assumed a higher PE was more beneficial... Or did you mean in comparison to Mara and Riot????
LT... Isn't it market price divided by earning per share?
How do you find out earnings per share? It says on fundamentals it's -1200 and EPs is -0.20 but that confuses me.... Does that mean it's currently 6??
That's the thing though, it will be 1-2 years before we see some real gain. I think people assume because of Beckham we'd be flying, but because we never I think alot of people have sold their IPOs. Until September I can't see much happening with the SP only fluctuations between 12p and 5p. Hope I'm wrong though
UNIx - my average is around 55p I'm massively in profit so it's not being in the red that i am bothered about.
With many positive RNS's lately we should be way higher than this regardless of two tiny dilutions one of which is to fund a possible 800MW facility.
We was at £2.80p still at around 58k. We will be lucky to even reach that! After our last month's results and what we have in the pipeline this should be flying!!
So frustrating!!
We are just breaking into 56k and we are at £2.41 what a joke!!
I'm a long term holder so doesn't effect me but it's still annoying how we are being held down when we should be easily above £3 now even with the dilution
Im invested here through the IPO and also initially bought more shares at 19p.
I think we will smash past 28p again but I can't see it happening until atleast July/August
We haven't got any reason to rise at the moment and I expect fluctuations between 5p-12p until our first product actually goes on sale in September.
It may even be a few months after September before we see a significant rise BUT
I'm not panicking, even though I'm at a loss currently as this is a long term hold and fully expect the hype to come September before we take off.
But for the next few months expect fluctuations and don't get disappointed and sell if it drops further to as low as even 5p.... Just hold and wait or try turning the fluctuations to your advantage and day trade it and try to double/triple your initial investment ready for September
I'm sure most of you know Plan B on twitter and also know his analysis is usually bang on. Here he shows us the stock to flow chart that's about to enter the "fun phase" as he puts it.
Ladies and gentlemen get strapped in....
https://twitter.com/100trillionUSD/status/1368501996601376773?s=19