The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Slowly but surely the market is recognising that it was over reaction to what was known even before this latest headline....
Storm in a tea cup comes to mind 😌.....
Hey Pokerchips,
Long time no speak here as the BIRD was grounded......hopefully it seems like good, very good 👌 news just awaiting onnfirmation via official RNS.,meanwhile the BIRD is flaxing its wings 🪽....
ATB.
Certainly anything below 4p.....
Surely will be much higher when sales will be reported in the near term and beyond.
IMHO..
Dilution is never good news.....
HOWEVER, relatively small reduction to the current SP, and if used to expand production and distribution as they said in order to meet high demand then the normal formula of speculate to equmilate is on the cards 😉
Let's hope 🙏 it's the case here.
With Halifax cheap share dealing today I tested the market with a tiny buy......got myself another 50k to my overloaded bottom drawer.....just about squeezed it through....
:)
...........
Overreaction could be only to news.
With the absence of news it can be only speculation .....
Remain to be seen.
Meant Prior the AMS news.....
I agree it doesn't make much sense.....this exactly why I was so positive about the SP prospect after the AMS purchase, but you can't argue with facts,short lived rise turned into the current level which is even lower than the AMS news......Will have to wait and see soon enough. 😉
Today 13% drop on relatively low volume is harsh and make me puzzled, this is also in addition to the little daily drops we have incurred lately which again on the back of tiny volume..... as always PI kept in the dark but surely something is known to some.....bad news? Placing? .....I am holding to my fair size (for me....) very tight but not as comfortable as I was only few weeks ago when I was very positive about the SP finally heading in the right direction.
Hopefully there is no real reason behind this latest set back.
Unfortunately a possibility of placing base on the latest retrace is something that cross my mind 😕......if it does happen I really hope its not below 0.50p ,not far off the current SP.
Definitely not golden here 😒.....
Fast approaching new lows, personally not tempted to add more, I have more than I can chew already 😅
Flying at long last ....
End of long grounding period.
Coming soon....very soon....
No doubt (in my mind anyway. ..) the SP should be moving away from the current 4's....
So much news in the near term to incarege buying pressure.
Another tranche below 4p....
Not happy with the current SP but keeping the faith 🙏
GLA.
Overall I agree.....the lender knew exactly the outcome of the delay and one way or another stand to profit from that......as such us PI left with the choice of speculate and buy, or not.....
If you can't beat them (and we can't....) join them if you like,and here is the element of luck......took another punt myself, but nothing more than I can eford to lose.....
GLA.
AGM been and gone.....nothing to report as expected really 🙄.....
Meanwhile the SP keep drifting back,having said that it's a fact, the darkest hour is always just before dawn.
Last attempt by the m/m to trigger some sells below 4p ....rising nicely now.