Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
sky gave david 3 minutes or so, maybe less, and sky are going to ask the questions they want, even one of the questions asked he diverted off slightly to talk about gdr
it didnt go from 30p to £1.50 overnight
be happy where we are, because of the potential that is to come
only thing i can add
for anyone that remembers, and also for those not around, back in april gdr had days when it did 20% increase on nothing, it was just simply part of the rerate process
may has been a crazy month, not least the placing, come monday focus can change
bit of an afternoon lull, maybe a steady rise to end the day, bring on june
if there is a seller in the background and big sales news is announced, every man and his dog will start buying, the seller will clear far quicker, and then the fair market value can be found
the whole background seller impact on a share price is not the easiest thing to explain and understand i appreciate that
only thing i could say is, if you shake a fizzy bottle up, the constant shaking is the volume of trades going through because there is demand, the fact the cap is still on is the seller still selling, once the cap is removed then you know what happens to a severely shaken bottle of pop
maybe not the best analogy
my thinking is this, sky news researchers contact david and say we understand you are doing X, we would like to bring you on tv
the fact that david agreed to it, leads me to believe that he is extremely confident of the future of gdr
i am sure you and loads share this view - hence the reason why david is now happy to do media is a good sign
and that is us as investors reading between the lines and seeing what the future might hold, because you cant buy cheap after big news is official
to be honest AIM should be called the speculation market, because that is how you have to trade on it
yes pal that is what i believe is happening at moment, and i know a fair few others believe the same
the 600k more from calculus was up to end of yesterday, so there been plenty more going through today
i get the impression that PEEL might not have much left, they might be falling in line with WINS and SCAP, but FCap are very much on it, so combination of both
remember PEEL and FCAP are our nominated brokers
unless we get news, i dont see us breaching £2 until PEEL/FCAP are off the ask, i.e. they are no longer selling placing shares
some might disagree with me, some might agree, but it is very much my opinion that some are still being sold, nearly 3m traded today and its only just after 11am
so i still expect some more holdings rns to come out at some point next day or two, remember institutions can be up to a few days after the event when they notify GDR who then have to get the rns out, so the holdings might not come clear until early next week
i do not expect the selling of placing shares to continue for much longer, and once we get into next week we could see a nice sustained move up, and probably a new fresh week, into june as well, will re focus minds on what is to come
I understand people saying that he could have said this, he could have said that
But the biggest thing for me, sky news gave our company air time, we are making the transition to a major player, it's just a process
We all know sales orders is what will truly send this into orbit if we get the numbers we hope for
It's as if some wanted David to start spouting made up things just so they could get a quick profit
Some idiots on here really are
All about exposure and Genedrive are making the right progress, being on the next official news hopefully next week about orders
Only have to look at the delayed trades to know Peel are still selling
I suggest people take a level 2 subscription out and do some learning