PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Chart shows a nice falling wedge too
I just stuck some ZNWD in my SIPP
I had a quick look today through those RNSs and it shows that a few people here and there bought and sold shares in quantities which crossed the TR1 thresholds; nothing conclusive IMO although ill caveat that by admitting not investing ample time. Im inclined to believe its a toss of a coin, a 50/50 or 1 in 2. If the potential return is greater than 2X then the risk could be worth it depending on ones perspective (another way to put it is, if you flipped a pound coin and heads is worth £20 and tails = you lose the coin - do you take the gamble). So:
a) Whats the potential return and why?
b) Any insight which might suggest the risk it more or less swayed in a particular way?
Interesting, i noticed a lot of RNSs regarding shareholder dealings. Any idea what return a deal might make? I think im going to trawl through the RNSs this weekend to understand a bit more about the dealings.
I notice on JNs linkedin page he has been a non exec director for 5 months. I actually cant find much info about what RDGC actually does? Can someone elaborate? The RDGC website doesn't elaborate further either https://www.ridgecrestplc.com/ Anything involving JN has my interest :-)
Presumably once its listed on the LSE, demand should increase as its easier to access and so should the price accordingly.
We’re not expecting any significant news imminently. Read the RNS regarding dates for the SGS trials. And he’s under no obligation to invest his 2 million because we say so. Maybe he’s using it as working capital?
The most recent RNS states:
'the timelines for database lock and the reporting of the initial study results will be communicated. At this time, it is estimated that initial results will be available by the end of June 2021, with the full results available approximately 8 weeks thereafter.'
That tweet does not indicate a timeline and therefore an RNS based on that would be essentially meaningless. If he did RNS on that, people would no doubt be saying how lightweight and uninformative an RNS it was. The mere fact that the tweet indicates the trial is complete is a given.
Like the trial, we need patience and lots of it. Stay rational. Remember why you invested.
The tighter the bollinger bands the bigger the boom!!!! This stagnant price is expected for the short term I think until we start to build in news of the SGS trials. Once the news comes, I’ll be rich enough to slap my boss in the face and live off coke and hookers.