Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just asking? Did someone not say that the closer we get to the vote if the share price edges towards the offer price then it would indicate the market believes the offer will go through - am I right with that thought???
Pci pal revenues increasing I personally am convinced the appeal will fail as was the case for the original lawsuit. Costs will be recovered and I think the shares will return north towards previous valuation- just seems a really good entry point.
What was most pleasing regards today was that the 315 million placing shares will have been chewed up. Some will have been forward sold and some sold into today's rise, so I think whoever is left plans on holding on to them for a little longer. Today's volume was over 400 million. That would suggest no mass sell off tomorrow. Rns or not I think that people will position themselves as to whether thy want to be in or out over the weekend. If it starts rising people will be reluctant to sell I would guess _ FOMO - it all depends on your risk strategy
Thanks for your continued effort - keeps the momentum going
Not sure the volume = potential leak , nothing like the volume when news broke, overall still fairly quiet trading day but the price has risen nicely.
I think even the MMS will be unsure of the direction of travel, if it hints at going higher then I think the brakes will be off and we will finish with a 3 in front of the share price
Between today and tomorrow as people see the price rising fear will set in that they sat on the sidelines and watched. Fundamentals have not changed - just mentality of the herd. This could well reach 3.5p tomorrow
A Week ago ( I know a long time in the world of AIM )
The Board is confident that 2024 will mark a positive and decisive turning point for Woodbois, turning the Company into a reliable, cash generative and profitable business with a high-quality investor base.
Did you forget your post yesterday IKHAN
"get out while u c an before u loose all your money as this syn is a no deal"
Thanks oogle - Paul Scott advises similarly, just an analysis of companies rns and reporting. I use him to draw attention for myself of stocks and then look at them myself. Just like he doesn't always see eye to eye with his partner's analysis I am not drawn to some of the companies he reports as "green" ( good value). I just find it an interesting listen at the weekend. I will have a look at Paul Hill - thanks
Ikhan why do you care what happens remember you sold your 500 million shares today and bought in to Arb - by the way, how did that go for you ???
Hi - I enjoy his podcast on a Saturday - do you guys listen to any other related podcasts
I agree it is interesting - though trying to see if I can find any more info on director no luck as of yet
Guess I will keep an eye out for that 500 million share trade or 5 x 100 million. Presume in the absence of seeing these huge trades you must have changed your mind :)
I wonder what % the board had concluded might make up the small percentage of disheartened PI's. I hope it was around 3% and the fact that we might be able to double that sews some seeds of doubt in their mind. Appreciate everyone's time patience and effort. I really want us to win :)
I would just be covering myself with a stop loss - I would assume if the share price collapsed 60 % on no news I would be questioning why the company would not send some form of communication to reassure investors. Anyway I do not want to sound negative hopefully it will not drop to those levels and my investment will be fine. Fingers crossed
I agree that for some of those shares that would be true but we will find out soon enough . It's another one of the unknowns as to how many were forward sold.
Surely there will be 313 mill 1.5p shares arriving in a week. I'm not saying all will be rushing to sell for a 50% profit at today's price but I an sure there will be a significant amount selling.
Happy to be corrected if I am wrong
Feels like I am missing something - £9k in sells takes another £600k of Market value if drop is to be believed. Will stick for now but if it gets to single digits I will lick my wounds and sell up
Average volume 173m daily current volume 223m and its 1.45pm so interest is definitely gathering