Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Curiously, the other large holders with their own skin in the game don't appear to have reduced either. So they aren't selling, Cooley is buying....ummmmm.......draw your own conclusions
Ok....so....there is risk here, we all know that.
But there is also multi-bagger potential with a major shareholder, increasing his stake, who has form for sorting out funding in just this type of situation.
You also have sellers now regretting their actions and desperately trying to get back in.
Positives points...
This morning the RNS trumped using Level 2. The share just rocketed and that was the end of it.
On a general basis, I find Level 2 useful to see how the order book looks (i.e to judge demand) and live trades - as you can see buying pressure building and also when the sells come in. You need the time to sit glued to it and you have to be decisive if you are trading.
Been researching Dr Cooley....trading is not his style. That would ruin his reputation so I am discounting that option.
What would fit his modus operandi is:
* a struggling company (check out his role in the Distil funding last year)
* the power sector. (we should all know this by now)
* taking a stake and helping develop the company.
* not letting it go into administration and pre-packing it.
Good News: I see funding coming.
Bad News: I'm back in (again....god, this is so exhausting)
...the only thing wrong with that is Cooley lets it go into administration, buys it off the adminstrator as largest shareholder for peanuts and everyone else gets the shaft
Got back in at 0.17....just doubled through!!
Naw...only kidding. Well done those who held on, keep the faith.
Particularly well done if you bought at 0.17 range this morning.
Wonder what happens now ?
Can't get blood out of a stone!
Could be quite a good defence strategy thinking about it now
Like I said, salty.
There's even a company just for you Tyler...Microsalt !
For a horrible minute there, I thought I might not have dumped all my CPX at 0.31 (remember that??). Just checked and lucky for me, I did.
Anyone know a good administrator ??
I did say here when the music stops, don't be left holding the bag.
Errrmmmmm....
Little bit salty there....LOL!
But then I would be with this shyte dropping like a stone....
Can't hang around....making good money on my Rolls Royce and Alpha Groups tips from yesterday !
Good luck tally-ho....
You would think finding a giant like Shaiken and all your problems are over. Turns out he who owns the pipeline is the real King.
Making so many moves he thinks he is in Stringfellows like the good olde days!!
Both Rolls Royce and Alpha Group that I tipped earlier are on a little run!
Still Out...
(and likely to stay that way)
i go out for an afternoon and you lot destroy the price ! holy ****!
I think I'd be more concerned why Mike retired, after 15 years service, 2 weeks before it might go bust.
Nope....I need a good reason to be buying anything. Either a positive RNS, lots of buying strength etc. Got none of that here right now so more prudent to be out. I suspect something good is coming though from the Cooley side of things. I just prefer to see what it is these days rather than 'hope invest'.
Lot....I never said I was out today. Looks like the herd has moved on and the fire gone out of this one.
Watching though !
I sense some hostility
Could be out of business, April Fools Day.
I'm Out !