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Could somebody give me a break down of what this share is about and why it’s worth buying? The graphs looking good :).
Shwmae, it’s true.. thing with this share is it’s consistently moved south over the years, and I, being a completely inexperienced trader, have still managed to do well out of it... there’s been plenty of opportunity to take the odd 25-50% profit here and there, then to rebuy when the share price settles back down (usually when a placing occurs or when rumour doesn’t come to fruition or EVEN when perceivably “GOOD” news comes).
From what I’ve learnt dabbling with a few hundred quid here and there, exploration shares don’t tend to consistently move upwards until they are self-funding, so aren’t worth investing in unless your trading them... Might miss out on that big payday if an RNS drops, but atleast there’s already been a number of small paydays. I get the feeling most investors in the AIM are after that jackpot, when it’s more sustainable to take the little wins.
Ima be slightly bothered if an RNS drops tomorrow and the share price shoots up, because I’m currently out and waiting for my next entry point, but that’s the game... or atleast that’s the game I’m playing :).
Whatever your strategy, we’re all here for the same reason.
Good luck everybody!