George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Following CRTM announcement, currently have 25% of my pfolio in suspension pending RTO completion.
COPL, MUST, CRTM
By end of June potentially could have added another 2 more to suspension : SPC, RDGC....
I’ve gone from never holding a suspended share to potentially having over £250k tied up....wtf?.!!!
Didn’t really think this scenario thru properly of having so many stock s,suspended at one time, hopefully it works out, but Let it be known I am bricking it a bit as I am in the “unknown “
...and you could be wrong.
When do you see a sp regress on anticipation of news, unless news is not as expected ( aka SNG) . Yes it’s cheap if you look at last 12 mth, but U need to ask yourself why
this has also got a significant t short interest in place as did SNG Pre news and still Has now. So what do the shorters know?
Be wary and if you are taking a punt at this level just size it according to risk / reward.
What I have learnt investing in pharmas in AIM, is longer they take to release anticipated news, the more likely it is likely to be not so good news. Plus aim is notorious for being leaky so any +ve news is not easily kept from MMs and companies would want to to get out any +ve news as quick as possible
Main hope is they don’t release a RNS on Friday as that is the day MMs use to release bad news
Best of luck
Just scanned at Telegram group and looks like there will be further delays to relisting due to delays With getTing holding of and Year end fin statements from Atomic and SWP.
End of June is now being quoted....FFS! What the hell are the accountants and auditors doing @ these companies.....they better not have been fudging the bloody figures!!!!
Thanks John- yeah I know it’s climb has been pretty relentless last 12 mths and its still pretty difficult to value.
Wandering if the big Covid rise in India currently is also bringing negative sentiment too as it has had quite a correction
I reckon another funding round is gonna be announced thru a placing to fund licensing, manufacture and distn of Parytec
This end to end process will probably take months to complete and Sp dilution will mean SP will take a while to recover, hence TB maximising his sales right now.
Similar approach that he had on RMS, in Nov when he knew mask production would take ages and he tried to raise £5m which was overturned by shareholders, for not being necessary.
I think this funding call he will use better rationale. Then let’s see if he createSmore options and warrants for himself at same time , (like he did with RMS, which was also voted against)
Just my hunch...
Well - this has been a slog this week to trade compared to likes of CLP
Managed to get in just under 102 and +ve signs margin sellers are out @ 100 mark. Hopefully some swing traders join the party and we can rally to 120 + tomoz
GLA
Nah - was purely a bystander
I have this still on my watchlist and was looking at it, a week or 2 ago, but just didn’t like the way the share issue and options were being set up for voting @ GM. Too much dilution I felt and greed shown by CEO.
But the sp just seemed to have moved today anyway purely on sentiment of trendy name change it seems and the crypto linked ramps. If only I could wind back 24 hours...
Glad you made a tidy profit
The mere fact they are choosing to make an announcement to market on Monday and not Friday indicates news will be positive