The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
So the expected follow-up RNS doesn’t land. The SP, supposed to be well above 1,25p by now, is stuck at .9p. What now? What’s in the ramper’s manual? First: distract by talking about inflation. Then hype up the silver price: big breakout just around the corner! But what if the SP drops back to below the placing price? Then it’s time for the big guns: shorters, derampers, sellers, traders, MM, everyone will be to blame!!!!!
A lot of new people here are overreacting to the recent news. I’ve seen this exact scenario multiple times over the past 20 months (‘multi-bag imminent’, ‘hugely undervalued’, ‘wait until the herd arrives’). We’ll see…
Well said Wentsland! It’s better not to believe anything that is written here, except for the RNS that gets copy-pasted one minute after being published (very useful!). I have to admit it’s entertaining to see new greedy investors arrive with every little SP spike, expecting to become millionnaires within months!
SP rises for a few days. The BB is flooded with the most unrealistic short term predictions and valuations. After 3 days, the trade volumes dry out and SP starts to tank again. As it turns out, everyone were secretly expecting it. 'tree shake! nothing unusual! The derampers will be back!'
Very nice to see some positive news. It’s also easy to get carried away. I was here when the SP briefly hit 3p. The mere thought of selling some shares at that moment was heavily frowned upon by the most prominent voices here, even if it was already a 30-bagger! To the newer people: history WILL repeat itself! Make your own plans and stick to them.
I can’t believe the amount of attention that is given to the fact that BBG bought a measly 1,5M shares. We don’t know where that money came from, it is probably just window dressing to silence those who say he has no skin in the game. But the amount is almost insultingly low.