Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
They scoop up shares at the lowest possible price then sell the collected amount through the order books at a nice little profit. Why do you think it takes 3 days to clear funds back to your bank account?
It's called level 2 order book, they fill the orders at a set price. I will also add the mm's do not favour buy or sell orders for the PI's. Their official reason for a big spread is to stop volatility its not the main profit maker
I would say the mm's have an interest in every share as they've got to keep those profits coming in somehow
What if there was a shortage of shares available?
It's my opinion they're waiting for the US market to open up to follow their lead
The spread has got a bit mental on this now. Still a great buy. Usually we can buy into a company & we all know the story 6 weeks down the line & this will be blah blah blah. In 6 months it will be blah blah. Like they're some kind of psychic SP predictors. This company we all know if you've researched it a little, has the potential to do very well very soon. I agree with Fortunato which is not like me to be predicting a SP. I'm pretty sure the market cap size dictates we'll be up & around the 1.6 to 2 area in the not to distant future. I'm not ramping it's a calculated guess really. Having said that I've got the judges family as my guests while he's seeing over clp case. I'm going to make them East marmite 24/7 if the judge doesn't award us the case & trillions in compensation.
Look up previous RNS they'll tell you anything you need to know about dates
Madness not getting a little top up while I can. I said yesterday the P&D mob will be left with a smile on their face. The holders will be rolling about the floor laughing in the not to distant future
I'm pretty surprised the SP has held around the 78 to 84 area considering the gains bitcoin has made since last week. I was convinced there would be a correlation much closer. Obviously I'm wrong. We've went from a bitcoin price of approx £21k to over £25k since last week. There's also all of the new extra machines mining the coins to be factored into the equation. What do I know though. GLA hoping for a couple of significant rises soon.
RKB, you deserve all praise coming your way its a rarity sadly nowadays to see & read someone as sincere & beliefs as yourself to be rewarded.
With the rns last Friday stating about the extra resources in any market of any sphere, the natural thing to happen would be the value go up not down. This is unless the asset involved is on the stock market. This is when mm's become involved with their little games of manipulation. As long as we all understand their manipulations are their to benefit everyone else before PI's like us. This is not some conspiracy rambling on. It's a cast iron fact played out in front of our faces every trading day. Now logic says the SP here has to rise in time. With the assets they have alone, so if you have the patience eventually you just might get yourself a profit. I hope everyone of us does as I'm just sick to death of Mm's blatant games. It's understandable profits have to be made but the extent of the manipulations being played out over the past 12 months has got quite ridiculous in my opinion for what it's worth. This is coming from someone who has made a good profit this morning.
Pop I don't think I've agreed with anyone as much as you on here. Ive pi**ed lots of people off by ranting about these corrupt scams played out in front of our faces every day. I hate being defeated & sometimes have a very stubborn determination inside me. This doesn't bode well sometimes but sometimes it does. My patience has been stretched to its limits over the past year in particular. Some of the stuff I've witnessed on some of these SP's over the past year. It's mind boggling how they're getting away with it. Hopefully our patience & will, might just give us a small reward. As we have to wait & work a lot harder than the ones playing the games with our investments for their benefit. GLA I did love what the redditors did & no way am I taken in by the media BS trying to make them out to be the ones in the wrong, when what they basically did was prove 100% how the game is rigged against us.
Got to be said RKBeekeeper you have just posted I'd say easily within the top 3 comments I've ever read in LSE in fact at this moment in time it's the number 1. The comment is very educational, full of fact, no insults just good old well educated sense. I applaud & look forward to reading more from you in the future. Sadly a medical condition means I have to avoid one of life's great pleasures drinking alcohol. It doesn't stop me being interested in it though. Thank you & luckily I got in well before 0.65 so have a drink for me when the time arrives. I couldn't help a top up as the predicted sell off was always going to happen.
The P&D mob will be smiling tonight but the patient ones will be rolling about laughing in the not to distant future.
The mm's or the algorithm used by them for this SP are either having a laugh at our expense or they're pulling our pants down. I'm in my 50's been playing about on thearket for 30yrs & I can honestly say, they've become that ****y they don't even try and hide their manipulation any more.
Just proved the total hypocrisy of these con artists the reddit episode. They love to fleece us but soon as there's a fight back its a disgrace. I was laughing all day watching these professional shorter lose a fortune. Its about time someone done something. When will people realise its the many who have the real power. Not these band of brothers who scam their way through life resulting in many losing their jobs everything. They don't care a jot for them but they cared after gamestop.
I've just had a punt with a little bit profit it's worth it if willing to lose why not? The way the games get played on the market might as well try. Did I hear reddit mentioned haha
Im sorry to disagree with you about the rns being rubbish the finances were totally expected just like every other company effected by the virus. The biggest & most important part of the rns is the mention of the 2 investors. These 2 are very wealthy successful crypto business men who are going to transform the company. They've bought into an established Plc. It's a reverse takeover in reality. Gst is going to becoming a Blockchain developer. Probably the fastest growing industry on the planet that's not covid rdlated. Very clever of them. They've saved aa fortune setting up a new company to become listed on the world's biggest stock market for peanuts. I don't know if people are just thinking pump & dump at this stage with the company but for anyone thinking of being a LTH, we'll I've put my money where my mouth is. I'm in no way suggesting I'm any Warren Buffet but if you read between the lines in this rns I personally think it's well worth a punt in anyone's portfollio. Obviously I'm bound to say that as an investor but facts are there for anyone to see if you DYOR. GLA
What a great price to load up if you have a little patience.
Pineapple chunk? I'll keep a few Bob in here