Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You talk about distraction event
Your comments about the latest cyclone are a distraction attempt. If you bothered to look at the data on the cyclone or its geography then you would see that it was no where near our site. This confirmation coming from the Zak Mir interview.
After listening to the interview I topped up a few grand more. He doesn’t have the swagger of the usual desert boots brigade. He sounded like a man dumbfounded at the weakness in the share price
Good luck all
Most will look at the market cap and be turned off by the micro cap valuation. They won’t appreciate the king road that the company has been through and the hurdles they have climbed.
They will look at the bleeding share price (same as most of aim) and move on.
When the momentum finally switches direction and we start moving up the riser boards and the market cap rises 50%, then they will become interested.
Falling knife analogy unfortunately faces all Aim stocks these days. To make the big returns you have got to be prepared to sit through the losses.
Failing that there are plenty of dividend stocks up the higher end of the FTSE that will suck in liquidity for the time being.
I just added another batch at 4.39. I Would rather take my chances on a 200% reRate over the coming year than a dividend at this part of the market cycle
Not sure what your past was with this share but its the only share you have commented on over the past month and all negative. Are you short or are you just frustrated by the losses that you accrued.
I agree that it has been a continuous drift to the current price. However the broader UK small cap market has also been battered over the past few years. Liquidity is so thin that any sized sells move the needle down. Definitely need to see some hard figures to back up the PR. With the new tax year coming, I can see an inflow of new ISA monies lifting the liquidity in AIM
This is definitely a very high risk stock, however a lot of the pain may already be in the price.
Looking forward to a sharp upward revision one of these days
So many aim micros are impossible to get a decent buy in when the momentum swings. Tried to pick up and £3.5K and can't get a quote.
Board was relatively quiet and then it explodes into lie over half an hour with nothing but noise,
Sounds like a child been dragged out of a sweet shop with no treat
I know we are all disappointed with the share price but this outburst just smacks of someone who is short watching the SP move off the low again and trying to control the narrative.
It does look like a small consortium of traders or a multi-handle operator trying to shake the price. I'll help out and buy another few to make it a bit harder for them
Happy St Paddy's Day. The Pubs are open in Donegal
Trek - whatever forced liquidation that caused the drop is now tailing off. One of our II was obviously forced to sell down a few winning positions to meet redemptions.
Wouldn't be surprised to see us move back towards the pre-announcement levels as buyers (those who sold higher like yourself) re-position back in as it stabilises and moves back up
Well done on the timing
I would go for II. When they finish raising cash from their winners - this will rebound sharply
Glad to see the large redemption as it confirms my thoughts that the market makers are playing the illiquid nature as a means to turn a profit for their own book. No way they would give II thr £6.5 plus exit
Price will recover over the coming days now that that pressure is lifted
anything with small free-float is being sacrificed to the slow drip. Death by a thousand small cuts will quickly reverse when liquidity driven by news-flow comes back into the share.
Horrible time across the whole market so its either sell-up and try and time the rebound or hold yr nose and average down.
I'm in the latter camp
The last week in the market has been rough as a result of the SVB case and the general macro environment. Market makers have played a blinder accumulating stock this passed two days in a stock that has tight liquidity.
For anyone happy to play the long game here this looks a good time to accumulate.
Go trader what are ur thoughts on Sp impact if the uk government get their act together and support the semi industry. If they don’t do we see Iqe move to the EU of US of gas the recent sp sell-off open the doors to a cheap takeout
He was the company. He wouldn’t walked away after all his fictional writings if there was any hope
Another aim kick in the b….
PJ is generally very forthcoming with strategy and updates. I’m assuming we are in a closed period therefore no commentary.
My reading of this is that he has plenty to say and radio silence means it is worthwhile.
Using “Rogers fall” as a platform to reduce my average
Clarification of the position as a result of a comment a few days by a poster who may or may not have a short position and set out the link to halt progress.
Good to see Bidstack come out quickly to counter.