The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Enjoy it while you can, because the Online Safety Bill comes into effect towards the end of this month.
For the establishment sheep who were too busy frothing over 20 year old allegations from Russel Brand's ex girlfriends, the online safety bill gives internet media platforms, such as this, a responsibility to enforce silencing "disinformation".
If you want to know what categorises "disinformation" under this bill, it's basically anything which goes against the Global Socialist agenda on health, immigration, wars, government and anything else contained in the establishment agenda.
We're sleep walking into Nazi Germany and most people are blind to it, "as if it was true, the news would tell me"...Err, they control the news now.
So much good news, but it's all passed by now and still we're being rinsed and the share price is so easy to manipulate.
The BARDA contract news should have doubled the SP, it lowered it. This is so broken.
Someone said yesterday that a 1,000 share purchase pushed the price from around 2.94 to 2.97.
I fail to believe setting the float at 450,000 shares was an accident and whoever organised the merger had no idea this would be abused. I also fail to believe that the trasnfer of SMD shares is not being slowed down deliberately, to further this abuse and asset stripping. The merged company has lost half it's Market Cap in a couple of weeks. The Share price has lost 75% and is still dropping despite the news we were told would rocket the share. There won't be much in the way of good news left now.
Someone is doing this deliberately IMO.
"My biggest concern is not GR and his incompetence, its not the plant breaking down and Stark playing silly beggers trying to fix it, its not the price of spodumene....
Its how long the world will take to see through tje net 0 drive. That and only that determines the fate of this stock as everything else will fall into place because of money drivers.
People wake up amd this is done for."
Remind us Watcher. Are you still invested in this impending doom, or are you just here to push the price down so you can get back in before the ship sails? Why are you here if it's such a disaster, with an incompetent CEO, in a dying market?
I was too late to the party, so cut my losses and shoved a bit more into #MDAI, which after getting royally shafted during the merger with UK listed #SMD, is now shooting up and the shorters who've been manipulating it are finally getting burnt.
Most UK #SMD holders have still not got their post merger shares 3 weeks on, so some dodgy market manipulation was going on. Lesson learnt there.
"WorldWidePleb, the mill isn't producing anything, PREM aren't producing anything and your talk for 2000 tonnes is "half baked guff"
Blimey, Raaydar is on site giving us live factual updates. Way to go.
Nobody else knows what's currently happening on site, but you do for sure....
For the last few weeks, the share price has barely moved enough to make anything from day trading, unless you get far better Buy and Sell rates than I can. Currently on IG, it's .48 sell and .51 buy.
The SP has barely moved from .48 to .52p all week. Where are these massive rises and drops you're seeing?
Other than closing at .49p on Thursday and opening at .53p on Friday, it's just been short up and down shifts for weeks.
I've complained to the FCA and SEC using the links on the Telegram Hive US group.
Whoever planned this SPAC merger should have been aware of the risk of this kind of market manipulation, so either they did it deliberately or are grossly incompetent and have cost the company half of it's merged value and dropping.
3 weeks on an most of us are still with our hands tied and no access to the shares, but hey, the damage had already been done.
The "it's OK, the BARDA contract will boom this share", has been and gone and the SP still dropped. This is not fair market conditions in any way, shape or form. Who chose such a low float and should our SMD shares really be held back for so long, meaning half the shares are suspended?
But you're telling people to sell now, when the SP is up and down in small spikes all day long, as it often is.
Still de-ramping to try to get back in then? Anchors are up and the ship is ready to sail.
I can feel FOMO kicking in..... ;)
"no you clown, encouraging people to sell on the spikes and buy back in when it sinks back down."
But the spikes and troughs are not enough to make money on as they're not wider than the spread between Buy and Sell.
Certainly not on IG they're not.
I'm on the Telegram group, but find Telegram clunky. Every time I look at it, there are 250+ posts in no particular order, of varying topics to wade through.
I think the idea is to search for the #ticker.
Anyone seen the clear and obvious hatchet job from The Motely Fool?
https://www.fool.co.uk/2023/09/29/could-premier-african-minerals-shares-be-a-bargain-buy/
Apparently we're at huge risk of going bust due to not having funding and operating in such a risky country.
Jesus H, was this written by CinzanoBint?
It's hard to believe that whoever organised this SPAC merger had no idea what would happen with such a low float and with SMD side shareholders being forced to sit on their hands for weeks, without being able to have access to their MDAI shares.
This is not a fair and free market and someone would have known this would happen. A good $50M has been stripped from a company during what should have been a boom time with the BARDA contract. It feels UK SMD shareholders are the ones being royally shafted here.
I'm not putting any more in until we see this clear manipulation and asset stripping is resolved.
How can we change things? Most of us still have no access to our SMD converted shares.
I have some MDAI bought post merger, but have a terrible feeling about this.
How can it continue to be abused after a $149M deal is signed? Isn't it time the share was suspended until this is sorted out? It's leeching value out of the company for no reason other than greed and abuse of the market, which is not a free and fair one due to the large number of shares still tied up in red tape.
I won’t be putting any more in until I know wtf is going on here.
So far, U.K. investors have been 4rse raped.
I’m about 2/3 down and falling.
You've got to love how the media and education has easily led people labelling any fact not fitting the agenda as a "conspiracy".
This is crazy. I though $3 would be the lowest. Currently $2.81 and dropping.
A company who just won a $149M BARDA contract and it's market cap is now only $44M.
Whoever is manipulating this, is asset stripping the value of shareholders and an encouraging looking company.
Can they not stop trading until the issue is resolved? Surely someone involved in the merger knew this would happen?
Something stinks here and UK shareholders and investors are the ones losing out.