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The placing news announced today is good news in my opinion.
1. The placement price is 0.55p. This price is relatively high, which shows that investors who subscribed for the allotment shares have full confidence in the company's future development.
2. vast CEO AP subscribed for the allotment. shares.This point is very important. This shows that he is full of confidence in the vast company he leads.
The vast share price continued to rise today.
Tomorrow (Monday) the trend of vast share is very important. Because the trend of vast share tomorrow determines whether the vast share price will go up or down in the future.
I would like to talk about the possible trend of vast share tomorrow from a market perspective.
Let's first look at the stock price, trading volume and daily increase (decrease) percentage in the last week.
(Friday(January 27),0.21p, 27m)
Monday(January 30),0.3p, 750 million, an increase of 42%
Tuesday(January 31),0.382p, 2.4 billion, an increase of 27.3%
Wednesday(February 1),0.794, 1.4 billion, an increase of 107.8%
Thursday(February 2),0.63p, 1.1 billion, down 23%
Friday(February 3),0.65p, 430 million, up 3.17%
1. The above data shows that the daily trading volume last week was huge, with a cumulative transaction volume of 6.08 billion(a total share capital of vast of 1.6 billion),and a turnover rate as high as 380%. This shows that a huge amount of funds participated in the trading of vast shares, and the liquidity of vast shares Very strong, currently vast share is a popular share.
2. After vast announced RNS on Thursday, the stock price fell from 0.794p to 0.63p. The share price was 0.794p last Wednesday, up 278% from the 0.21p share price on January 27. At this price, a large number of profit-making chips have been accumulated. Then, when the positive RNS is announced, some investors sold their profit-making chips and left the market. This is a very normal operation. However, it's worth noting that Thursday's drop was only 23%. This drop is very small compared to Wednesday's 278% gain. Moreover, compared to the cumulative trading volume on Monday, Tuesday and Wednesday, the trading volume on Thursday is relatively small, which shows that there are only a few investors who sold their shares and left the market, and most investors still hold shares at a high level and did not leave the market.
3. Last Friday's share trend was very strong. Its characteristics are that the trading volume shrunk (430 million), and the stock price rebounded, closing at 0.65p, an increase of 3.17% from Thursday. This shows that the mentality of investors has stabilized, and they are very optimistic about the market outlook of vast.
Usually, the trading day of Friday is the trading day when the stock price falls or closes flat, and few stock prices rise on Friday. Vast shares rose on Friday, a strong sign that vast shares continue to rise.
Based on the above analysis, vast stock price will continue to rise next week, and it is expected to break through 1p upwards.
Vast investors should pay attention to the turnover rate of vast shares in the past 4 days. The trading volume of vast stocks was 700 million on Monday, 2.1 billion on Tuesday, 1.4 billion on Wednesday, and 1.1 billion on Thursday, with a total of 5.3 billion. The total share capital of Vast is 1.6 billion. The 4-day turnover rate is as high as 331%. This shows that there is a huge force (funds) entering vast and pushing the stock price of vast up.
The Investors in vast should keep in mind that 129,400 carats of rough diamonds is a huge fortune! And in the next step, vast will regain the diamond mining rights of Marange in Zimbabwe.
Yesterday, the trading volume of vast shares was 1.1 billion (vast Shares in Issue 1.6 billion), and the stock price fell by 20%. This indicates that short-term investors of vast have left the market at a profit. From now on, vast medium and long-term investors are encouraged by vastt's major positive news to start pushing up the stock price.
129,400 carats of rough diamonds is definitely a huge fortune for vast shareholders. We calculate at $80 per carat of rough diamonds, 129,400 carats of rough diamonds are worth $10 million. After calculation, it is equivalent to an increase of 0.5p per share. So will the vast share price continue to fall?
Now the price of vast share is 0.7p, and the total market value is 15 million pounds. Vast suddenly produced 129,400 carats of rough diamonds. If investors calculate the value of the 129,400 carats of rough diamonds into the stock price, isn't the vast stock price now seriously undervalued?
Kod February 1 RNS "The period of offer has now closed and Suay Chin did not elect to subscribe for these shares and consequently upon completion of the Kodal Subscription, Suay Chin will be diluted to a shareholding in Kodal of 12.08% ". Suay Chin holds 2.3 billion kodal shares and is the largest shareholder of kodal. Now suay chin has given up placing, which means that suay chin will quit kodal company. The 2.3 billion kodal shares held by suay chin will be sold. This will weigh on kodal's share price.
So far, many kodal investors have not figured out the ownership structure of the bougouni lithium mine. They still stubbornly believe that the bougouni lithium mine that originally belonged to kodal still belongs to kidal now. This is a wrong concept. Now, the bougouni lithium mine no longer belongs to kodal. The bougouni lithium mine now belongs to Hainan's subsidiary called "Les Mines de Lithium de Bougouni S.A". The shareholding structure of bougouni is: Hainan 51%, Mali government 20%, Kodal 29%. Now Kodal is not a lithium exploration and production company, but a gold exploration company. So, kodal's share price will fall to around 0.3p.