Member Info for MarcEtMaker

https://www.conduitpharma.com/

Hello there

Market mechanics. People buy and sell but you need to understand the structure. Higher high and higher low.

This is now in a new uptrend and broken the downtrend from ipo. Even more importantly above the 50 day moving average (first time since ipo) suggesting buyers are now in control. On a weekly timeframe price has for the first time moved from oversold. On a monthly timeframe this is the first green candle since ipo. Bullish divergence on the daily and increased volume. From a technical
Standpoint, not much to dislike.

https://tradingeconomics.com/commodity/lithium

Link to lithium price

The faithful Twitter ramp crew have gone quiet. Move on after banking placing to 10p.

This morning. Someone has been chomping up the shares in 5k chunks

Might even finish red at this rate

Devil - so why invest now and let the bigger fish undercut you. Might as well wait until placing day and take the same price or lower in most cases. The. You have 4months of churn whilst they sell into every rise. Understandable if you are 2/3 years long but they’ve not really been the most trust worthy bunch that filling many with much confidence. Hence why the sp is down here I suppose.

This hasn’t got more attention as fundamentals look solid for a good move. Plus plenty of cash circa £30m and directors buying in placing at 100p. Any longs here about to give a view on why the SP is here and not much higher. Looks great to me!!

Says it’s updated today with target price of 300p. Does anyone have a link to it please?

Who is selling here. It’s broken the downtrend yesterday and now re-testing that break. Buyers are mopping these up.

Pulled back to the 50 day moving average. Great consolidation and now ready for the next move. Many have been waiting to get in here filling the news contracts and partnerships. At only £35m mcap this is a steal.

Blast is coming.

Another outstanding set of results. Updated resource due in a month or so and this will significantly current resource. CEO was bullish yesterday saying we will have more resource than comparable companies valued at $300m

We could have more resources than Arizona Lithium by the end of the quarter,” muses FitzRoy, as he tots up the potential additions to the resource base the pending updates are likely to deliver.

There are a lot of moving parts involved in that off-hand remark, but if he turns out to be correct, investors cognizant of Arizona Lithium’s A$300mln-plus market capitalization on the Australian Securities Exchange will start to wonder what sort of valuation to put on Bradda Head.

At the moment, Bradda is valued at just under £40mln on the London market. That’s quite a value gap, and one that may very well close, sharpish.

https://www.proactiveinvestors.co.uk/companies/news/972086/bradda-head-likely-to-boost-us-lithium-resources-in-the-near-term-as-work-continues-across-broad-portfolio-of-hard-rock-clay-and-brine-deposits-972086.html?viewSource=TwitterUK#

At a minimum. No one offers fair price straight away to give room for negotiation

Supply and demand

This will move so quick. Mm cleaned up yesterday. Was a bad day I’m the market plus the news pushed this down far too much