Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
The reason you put your money in here is hoping for a multi bag return. You have to give it time.
I don't know much about FGP, but the management here aren't sitting on their hands, this will turn you just have to be patient. I can understand your frustration if you got in a little early but this will get back to £2 or more in a year or so.
I am so surprised to see the increase in SP last week. There is all the news that the base rate is so likely to increase and this will hit MCG, but still we saw a good increase in the SP. I just don't get the market. I keep thinking I should sell and wait for a dip, but then I keep thinking the market seems to react in the opposite way to my logic, so I will just hold and keep adding while funds become available and hold out until we hit £2. That's my plan.
I was initially thinking not, but now I will. Although my dividend usually comes a day later or really late in the evening so it will probably be Monday by the time I am able to reinvest. I also bought most of my shares are the ex Divi date so I won't be getting more than a couple of hundred or so.
It's funny how when we start going up it gets all quiet on the BB. Shows how many negative people we have on here. This is the first time I am in the green and I hope we stay here, but I doubt it!
I doubt I will add more. I have about 6k coming in over the next few weeks, but I think I will add only if this drops sub 80p again. Otherwise AAL looks good to me for a long term hold!
I think some people here have been burnt by CINE, BOO etc. and can't see the difference.
Due to last update this is way oversold and it will rise as soon as macros are managed, they will be managed at some point so we just need to hold on. In the meantime we are in no danger of losing anything but the divi at the most! Unless you sell of course
@Nuri: so I assume you have sold out then?
Why waste your time?
There are bound to be swings, keep cool. I have started buying from just under a £1. I have managed to average down to 80p by selling other holding and am heavily invested here.
Will it go down more, probably. But the company is safe and it will turn it around.
Anyone with average less than a £1 will have a great return