The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Patents are good but the fact that Petroteq have already licensed the technology to a big player in the industry gives me great confidence that this will do well over the coming year.
Thanks for the update McShooter. Wanted to attend the event but something came up so had to pull out. It's amazing what is being done in the background - the rate of growth - with the events, the deals and you can see the value under £1 - especially in the 70s, I've been topping up since the 50s and added some more today. Looking forward to the next month or two here.
Liked the update on Moly stating "A number of potential scenarios are possible with various interested parties, and we hope to be in a position to advise progress shortly". We've also received confirmation that Thor is fully financed until late 2019.
Great chart Olly. Aligns with my TA and also with some other leading chartists. The extended target doesn't sound unachievable - let's see what the price is before the brokers note in Q1. Doubling up from this level is definitely possible in 3-6 months.
Great to see us break out is the wedge yesterday - from the technical analysis the target is £1. Really need to break the resistance around 70-72p. Free float is small so a free 5k and 10k buys should get this moving. I added again yesterday - it was NT quite a while but placing a Fill or Kill order for 3k shares went through OK and the MMs had to lift the price.
Fundamentally I haven't come across a business like this. I've met the board and really believe they deliver accelerated growth this year. The £4 target seems to be a long way away but I think they can reasonably be at £2 plus by end of the year.
Good stock to buy and just hold. If you want for the short term then great entry point to target the previous highs - I would say take note of any news as you may convert to a long term hold. That is what I did!
Let's break resistance and see if we can hit 75p. Further news will help push this up higher in Q1.
THR on ASX up 20% today. The value of the "bonus" copper is $30m. Current market cap around half this. The value of all the other projects many more multiples! Looking forward to today and the next few months as we enter a news rich period. DYOR