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Price falling faster than anticipated. Looking at the chart and considering the lower trend formed by the lows of Oct 2021 and Dec 2021, it seems the price is heading down to the Dec 2020 low of 6.25 and if that gives down to the all time low of 6p.
Following that then its anyone's guess of how low the price could go.
Personally, if the price tags 6p I'll be a buyer. I believe the BOD will pull a white rabbit out of the hat and that they are probably allowing this decimation for their own long term gain. Watch them all buy heaps of shares at the bottom! All part of the plan? Probably!
All speculation though. DYOR
They should all be thrown in jail.
As share holders you should all consider coming together to punish the bod by selling up!
They don’t deserve loyal share holders. Simple!
Even those of you at a loss have a far better chance of recovering your money in other stocks which have been driven down of late for far less manipulative reasons.
Rns not posted on LSE yet?!
It’s crap anyway. Share price will tank over coming months in my opinion.
18 months for bfs
Far more exciting plays out there such as ALL
I’ll come back here to pick these up cheap in 12 months I think!
Strap in folks!!
Resistance at 0.12 is the result of the buyers who bought on the bell @1.2-1.25 and those who bought a bit later at an even lower price selling out now. They will eventually clear. I was not a punter before today, but at this level I am happy to pick up some stock and sit patiently. Easy money for the patient investor.
Buy the news not the hype!
Those bad people pumping this on twitter were selling as inexperienced pi’s were buying.
Now the news has landed and the dust is settling investors are buying back.
Shame for those who sold at the very bottom. You only actually lose when you sell.
Time can recover paper losses and even quicker if averaging down. Play the game ;)
Good luck
Dust = SP of 2.16 to close the gap ?
Those on the side lines could make a nice fast buck trading the dead cat bounce.
Those on the side could make a fast buck buying the news if its good.
Hence why the price is falling. Risk to reward has to be weighed up.
Gamblers will pump this to kingdom come but in reality, why not just take your money out, go to a Casino and put it all on red or black. Same difference if you're holding for the coin toss.
Good luck either way ;)
The rounded top was there at 15p.
It seemed the retrace to the lower trend was inevitable.
The good news is that it happened faster as part of the overall market decline.
Battery metals appear to be back on track for now, although BHL has a little further to drop in my opinion before a reversal.
Low to mid 9s should be a solid buy for the patient investor in my opinion. Still a solid hold for those in for the long haul.
DYOR
Wasn’t this stock pumped by Doc Holiday on twitter in recent months?
If I had to select a dog breed to compare this stock to it would be a Hairy Hairless
It’s written in the charts and has been since the beginning of the rounded top in the mid teens.
Those holding cash for entry in the low to mid 9s will do very well and the long term holders are soon to see an end to this miserable price action but first this retracement needs to finish its business. Almost there!
Dip is about to get eaten up.
The company is clearly ready to drive the price back up.
Next move is to test the 58p resistance which could well happen today or tomorrow.
Based on recent news and increased broker target I eclecticism ALL will be making new all time highs in the very near future.
Get ready for the move up!
Major resistance is at 58. Only half a penny off ;)
Following that slight resistance at 59.5 then its straight up to 64.5....66...All time high!
No resistance up to 54.5. I expect we head there by close today. Following resistance is 58. See you there by the end of the week!
ALL has to be the most attractive investment on AIM at present.
Not one to be watching from the sidelines that’s for sure.
Next update on these talks could be massive!!
Bearing in mind they will soon be talking to others.
Hopefully steady news flow over the coming weeks and ASX listing.
Bargain at these prices in my opinion. Just added another heap of shares.
miif have $60m to invest this year!
https://www.reuters.com/article/ghana-mining-idUSL8N2V57BR
Buy!!!
I can see it now…
ODX secures contract to produce home Monkeypox test…
To the moon again!
Lol