Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Funny to see the mass economic psychology at play today.
The same people who wouldn’t have dreamt of selling on Friday at SP 25 are now selling at 19... and people wonder why 90%+ lose in this game.
Hold on tight folks. On we march.
Nice one.
I'm already regretting selling 15% of my holdings yesterday, haha XD.
To be fair it was the first time I've sold since starting buying in October 2018 lol. Felt I had to bank something..!
On we march..!!
Have seen that loads of times. Don't understand it - really annoying!
LSE intentionally deceiving, or what's going on? Strange indeed. Can also presumably encourage others to buy/sell.
Generally can tell by looking at the price, in relation to other trades at a similar time, whether it's a buy or sell. Just another obstacle in the minefield! :D
Hi, no not right the current price is the only price we can get it at. We as in the public.
That 5p issue was a specific issue of new shares equivalent to 20% of the total share of the company. We won't be able to access the shares at that lower price or anything like that. It's just a case of carrying on as normal, and the new issue of shares will organically price itself into the share price. It's probably already priced in. Any further movements will be based on new news, or anticipation of new news, etc.
Cheers
Some more profit taking/weak hands weeded out there.
No bad thing, healthy for sustainable SP progress.
Cheers Bill.
Nice feeling today alright. Great company, tried to ignore the price and just stick with it. Nice feeling of vindication this week. Onwards and upwards.
While a bit of a correction was inevitable, I would encourage those who bought from 8-9 to consider adding to their positions during this correction, bringing down your average buy price in the process.
It's what I've done from 11.53 to 8.74, and will lead you quicker to break even and in turn the blue skies of profit..! :)
Wouldn't be surprised to see a correction soon.. but that's been a great few days. Obviously the spread is sizeable so the "share price" will always be flattering, as you're only able to sell about 15% lower than the buy price. Still though, great to see the demand starting to ramp up. Had been oversold for too long.
Give it time mate. Heavily manipulated markets, and the volatility is designed to encourage people to panic sell or give up at suppressed prices. The glory days will come.
Haha,
I always wonder how those tiny trades are made. I know it costs me at least £8 in transaction fees to make a trade, so don't know how/why those bots do it!
Anyway the share price isn't up - all the share price does is reflect the last trade on the stock. So if you made a £1 sell trade now the share price would show as something like 6.70.
It's because the spread of VRE is so wide at the moment, over 15% betweek the bid and the ask - the share price gives misleading indications of the actual value of the stock day to day.
At least things are looking positive for the company now. The latest Oculus news may have taken us from the "bottom". The annoucement of the launch of the shuttle commander experience will probably launch us forwards again, and hopefully by the year end results things will have turned a corner in terms of revenue generation. Obviously the cash burn is getting tight to the wire for working capital purposes, but I would imagine regardless the share price will only be moving up from here.
The insideous financial machine continues to do its thing.
This morning I placed a BUY order of £3,806 at 6.245 at 08:08:57am.
- This site (and all other sites showing the trades) has recorded this trade as a SELL. THIS IS NOT TRUE.
Just an FYI in case anyone might be influenced by the trades.
Also on that (as I've seen this happen multiple times before - for example the first two trades today for Beek Financial Cloud), you can generally tell whether a trade is actually a Buy or Sell by looking at the Trade Price in comparison with other trades which were executed shortly before or after it.
Results out any day now. Hope they're positive because I'm massively over exposed here now.
In Jesus we trust.
Peace
No nothing, but the interim results should be out very soon. Financial Reporting Standards issue guidance suggesting (not demanding) that results be produced within 60 days of the period end. This will be period ending 30 June. It’s because of the silence that I’m strongly optimistic from here. Most of the holders have been bled out and given up at different stages. All sorts of technical indicators are suggesting imminent reversals.. so I would imagine following results things will gradually move back in a positive direction. We haven’t heard anything yet regarding sales numbers for engage, the rocket centre, the Dambusters experience etc. All reasons to suggest revenue should be significantly up, which I imagine will inevitably push the share price on a nice new trend. I’ve kept buying all the way down. Wish I’d cash on hand to get more now.
Peace
Where ma buyers @
"First they shake them out, then they tire them out..."
Yeah I get that, but do you not find it unusual that in a day where there are only four trades, one of them is less than £100 in value and is executed within a minute of the larger trade being published - bringing down the share price indicator.
Sorry for the continual spamming under this thread, but I've made an observation which you might find interesting.
Today there was a purchase of £12,400 @ 10.566. As a result of this being the most recent trade, anyone who cared to look at the share price would see that as the price.
The publication of the trade was delayed however, and a minute after it was published, a trade was booked to the value of £99.97 @ 8.99. As a result, this will show as the latest trade price (suggesting that the share price isn't moving upwards today, even though it is in reality - and only such a small trade could be made at that level).
I'm not sure if this is bots, or traders seeking to keep prices seemingly curtailed while they are able to move cash into position for entry... or something else altogether.
I just thought it was worth mentioning. Unusual activity.
I'm actually finding it very hard to believe that this price is still sitting at 8.75 relatively untouched the last couple of days.
If the price started to move up, people would be happy to pour their money in at 10, 11, 12... but while it sits at 8.75 people dare not touch it.
There is a reason most people lose in this game.
The buy volume for the last two weeks is almost treble the sell volume, after a period of accumulating following an extended bear market - yet the price still sits at 8.75 for now. A golden opportunity.
Empty the clip while you can. Bring your average buy prices down.
£1450 buy... had to. 8.72 is a joke, when people were buying higher than 12 a few days ago. Will bounce back. Look at the volume.
it's absolutely killing me that I don't have more cash on hand, this is about to blast up.
Who in their right mind would sell £12.72k @ 8.24?
Especially considering you could sell @ 11.2 three business days ago?!
Insane.