George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
So what do you think is going to happen moving forward? what will happen next week??
It's going to be very interesting and the sp has never been this low, will it get an lower or bounce back?
A bounce of 5% rise from a 50% fall!
Exactly what I'm thinking, Wait till next week to see if it lowers any more because if it can go down today by 50% then it could go down on Monday by 50% again which is unlikely however we got to prepare for the worst. It could bounce back in the next few days so t a difficult choice to make tbh
DYOR GLA
I'm literally thinking about doing that too!
3 words "pump and dump"
3p is the lower sp it has ever been so wait till next week to see if it drops any lower or invest later today?
DYOR GLA
If it hits lower than 3p then I'm in!
The word "BAD" would have been fine!
You've been a member since 2014 so what is your gut feeling/saying?
Hopefully it rises because if it goes lower as in 0.70p then it will get interesting!
DYOR GLA
The Sp was around 2p for 3 years (2016 - 2019) and just went up, I think the rise was just to show what it go upto again and trick everyone however it just went to 2.50p!
If they wanted to pull traders in then I think it would have gone to 6-7p and then back down to 1p which would be painful.
DYOR GLA
How do you know this?
If you don't mind me asking, how long have you been trading for?
It's because your account was made 8th of August 2020 so....
I just sold because of several reasons and I've put my money into PHM, I was hoping Tenet would bring in atleast 250mill because that was the budget however it only did half.
Not sure what's going to happen next however if I had spare money then I would invest at 40p and leave it for months. It will recover thowever the question is how will it take!
DYOR GLA
I just bought in for the hope of it hitting 5p anything over that would be great tbh
DYOR GLA
Through his bedroom window lol
Comparing at the Max graph for both stocks, CINE is normally more positive than AMC, AMC has hit 7p which is the same sp as pre-covid as in February. This came justify that CINE can hit £2 by the end of the month because that's what CINE was at in February.
It's Friday so I suggest everyone go to the Cinema and watch Tenet, it's like your paying your own investment if that makes sense!
DYOR GLA
That's a bit sketchy IMO because they provide the same service and there 1 year graph is extremely similar so not sure why it's starting to look different now?
I could be incorrect however at £2, your stake will be at 600k and £1 will be 300k!