Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Charles
If it straight lines from here then I still hold 50% so no worries but probability says it won’t do that. So retraces are always an option to top up.
Nobody knows if there is lots of good news coming but current price always reflects the consensus. So what will move price significantly is when news does not meet expectations. So results could be great but below expectations and then the sp will decline. Don’t assume all good news is good for the sp.
I doubt they will be allowed to enter onto the FTSE250 without the correct amount of free float. There is a reason it is required, to ensure that enough free shares are availabe to trade and create a market otherwise the tracker funds etc. would be unable to secure and price would become even more erratic. You are already seeing what problems the lack of shares causes right now, if you increase demand without more free shares it will be an issue.
IF IR have said it is not a problem then I think it underlines a predetermined plan to unlock more shares.
Charles - they do NOT have 25% free float until after the lockup periods end - that is 6months from IPO for some 12months for others - so it would be the December change that is relevant
Charles, what is this "recently" eh!?
If the market holds and price stays positive I will hold and see what a 600 test does, otherwise I will be out on a turn, there is always another day another trade...
and I didn't buy bitcoin at a few cents each when I was offered......
but, I would of cashed out long before now anyway if I had
a path not taken is not a loss,
a profit realised is a profit and not a liability anymore
etc