Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
And today it is 1.2p,a 12% drop from I posted that
Yes I said that but I had forgotten there is only 5 trading days left,so now I see it finishing at 0.95 with a yes vote,so my agenda is to avoid .somehow the its board will get there 75% by hook or by crook just like MCL did.but at least you can still trade there shares as a private company.not here I'm afraid ,they even let the staff go with no payments,do you feel lucky that someone will save this firm within the next 5 days,if I see many tr1s in the next 5 days then I will fill my boots,but the problem is there just haven't been enough trades to warrant any tr1s,that's my opinion and I hope that I am wrong and a white knight does save them
I have known about this share since last December and I have witnessed a lot.i saw this trading for weeks without not even 1 trade at 14 then 12p.then 1 day it went to 6p just like that,so I jumped in,then the institutions sold out at about 7 p,then it rose to ,8.5p,ever since then it has declined to today's price,not even 1 up day,obviously caused by that devastating rns that saw the share go from 6.5p to about 2p,fortunately I was not in this share at the time I had bailed a few days before.then you had many tr1 with people having to declare their interests.then we had the next rns confirming the sale of 1.2 mill and annoying all the shareholders to the point of saying they will vote no to the 75% permission required.but still the share falls to what I said yesterday 1.2p,now I have been in this situation with Morse's club(MCL) when I brought at 0.4 it went to 1.8p in the next two days,then it fell to 0.2p after the vote reached 75.19% to delist.bit with MCL you can still trade your shares on a monthly sale if it's matched with someone else.but if you read the rns it says that this facility is not available to ITS share holders.so with only 5 trading days before the AGM and no tr1s on the last 3 weeks that tells me there is no white knight that's going to save ITS,be afraid as you will lose everything or go into a cash shell for 6 months.the only way anyone will make money here is to buy at 0.6 and sell at 0.9.but with 5 trading days left do you feel that lucky.i suggest this will fall to about 0.95 and then the vote will be yes
I had high hopes here,but I just cannot understand why they have sold 50,000 tonnes and need more money.had to sell through my broker and my sell caused it to fall 7%.even then he had a job to sell at that price,his reason was the mm,s have too many shares and didn't really want to buy,but they had too.im.down 33%,but in these markets I reckoned cash is king.time will tell if I've done the right thing.but the thing I didn't like was the fact I couldn't sell on my portal for nearly 3 months but could buy at ease,now I know why after today,might be in later when the spread is more narrower,just hope they don't dilute more in the future
Its not about Adam ,its about risk reward,at 1.20 to buy there is only 20% down side,against another possible offer,at 1.30 there is a 30% risk
Today is the lowest ever,I'm waiting for 1.2 to buy then I will take my chances
I apologize if it was October and feel your pain.
I'm afraid I don't believe you brought any at that price,as I watched everyday from 14p to 12p,the simple answer is not one share was brought at this price,this went on for weeks,then it went to 6 p and everyone piled in,including me.look at the 3 month graph this will show you
Underpinned at 16p.with no chance of any capital raises.against another 8 drills ,but of the two drills we have had two successes.im a gambler and I like the odds with some patience .a strong hold from me.what are other people's thoughts many thanks
I like the fact that it's underpinned at 16p,and yet more and more decent drill results.confidence in the next drill results which are happening very quickly.whats not to like here
I find it extradenally,that I brought at 19p,which was cheaper than last week,but yet another discovery,that's what patience does.well done everyone
Seems like it could be a smart investment for the future
Fair point,but for the next two weeks its a fair risk if it goes to 1.20,then I can envisage a rise on lots of buys
I think 1.15/1.20 to buy is a good Risk reward ,because if it goes wrong we would get 1p,if another bidder comes in then it could be fireworks.today most of the market is in the red ,so not for me today.but any excellent tr1,then I'm in for the ride
No talk ,no trades,yet first sale a few weeks ago,what am I missing,feels like I've been here ages,the spread is lowering ,yet still no trades,I would value someone's opinion,surely I'm not the only holder
Ha ha ,bet they lay out the red carpet for him
1.38 to buy now,guess you are losing as its the lowest price in its history,good luck ,but with no tr1 to see who is buying in big bulk then it will go even lower,soggy weekabix says it all
Russ mould investment director at a s bell.finances as robust as a soggy weekabix,the departure of its chief executive officer at the end of 2022 marked the captain jumping overboard before it sinks.thus 14p to 1.4p.hope that helps sharebel
Well its down another 9% today,i tried to follow the money and I lost but if I had stayed I would be losing more.like I said 14p to 1.4p since december.says it all really,I'm just glad I wasn't in it when the rns dropped and I live to fight another day.bit like made.com went from 7p to 0.2p in one day,then all there stock went in to a auction in nottingham