Member Info for Newuncle

Far too many amateur day traders in aim these days.

I see

I meant cheap as in the price only as it seems to be dropping too easily now.

"The Market" is not factoring in anything else now which imo is ridiculous and smacks of MMs wanting to claw back some shares on the cheap knowing that new is pretty close now and it should all be good and getting better with each update as CPX progresses fast via its new partners. Enterprise value has been sucked out of the share price by too many impatient traders who have killed off any rises far to quickly and then exagerated the drops with their short term panic sells.

"other reasons"?

Yes it will look cheap but not for the reasons we were expecting. I have no idea why CPX haven't issued any news for so long with so much going on we should be seeing regular updates from the company. Seems like they want to get the audited accounts out of the way, then give us their presentation and then move on to delivery. Clearly too slow for some and was always the risk once the general population got into CPX shares. This was always my main concern, not that the company is failing or not delivering its plans and partnerships but that it is taking too long for the rainbow chasers. Going sub 0.30 had simply exagerated the negative pricing moves and we see how it works without news. Even the traders among us are stuggling to make a return at the moment although one or two will always tell us how they have made serious money on every one of their day trades in CPX.

You can't fight the Fed as the saying goes...when you've got a seller with this much firepower no point trying to add until they are down......unless we get news but right now, seller could not care less what price they take last month, last week, yesterday, today or tomorrow or the day after etc etc, le them sell it down I say an buy back cheaper down the line.

Affrm,

yes its an interesting read, right now lithium at the bottom of the recent pricing cycle for obvious reasons. Should recover nicely over time.

The Penn article should be read as a positive too as it supports Lithium being found from fracking etc in the USA, it helps to affirm PPPs objectives for Lithium going forwards.

Pennsylvania could become a massive contributor to the United States’ quest for lithium after scientists discovered a large reservoir of the chemical element in fracking wastewater outside of Pittsburgh, multiple reports said.

The lithium reservoir – which is large enough to account for about 40% of the country’s demand – was discovered while crews at the Marcellus Shale gas wells were fracking for natural gas,

Just for some balance fwiw

https://www.reuters.com/markets/commodities/after-another-boom-bust-where-next-lithium-andy-home-2024-07-11/

WTF? I thought everyone said this is going to £12????

Afternoon all,

I could play the 10th man here if you want to (as holder, not a deramper).....but only if you play nicely, or I could just sit and wait for the newsflow to come of course. Like I said, not a deramper and a holder.

And the lawyers in his defence case against HP died too on the yacht......I feel a Netflix movie coming next

Bipolar, you got some cheek posting here about this being a P&D, especially as you are doing exactly that elsewhere....

AFFRM,

I concur with your thoughts overall, if not necessarily the short term price for the shares but that's for the market to decide when the shares come out of suspension. Alot will depend the narrative from PPP provided with their audited accounts.

GL to all genuine holders here going forwards.

AFFRM,

It is an amazing deal but the big money won't be rolling into PPP's bank account for some time to come yet.

How to value PPP is tricky right now since it has already got some £10m from below £1m.

If people feel that an MCAP of £10m right now is super cheap then it will rerate quickly and 30p could be on the cards.

AFFRM,

Where was I negative abut PPP? I just said that too many in the telegram group don't understand enough about PPP but want to ramp up the price to silly levels and won't hear anything else. BTW I am holder here from sub 1p

I have to agree, the telegram group has become a total waste of time. Anyone making serious comments is immediately branded as a negative disrupter and attacked by a few on there who haven't got a clue what they have got into and just want to keep repeating the endless hype story mantra but at the same time they whine on and on about why the company has done two placings to raise £600k+ when it's obvious why they had no choice but to do it. They keep begging Tom for updates but they turn on him if the shares don't rerate to 30p. Its pathetic to watch.

That last trade just about sums it up

All buys as much bigger volumes before that appeared and the last sell before was at 19.5

Then its all buys, approx 8m shares

And wham this latest sell of just 80k goes through at just over 19

Absolute p*** take by MMs here

I think that simple investor is very good at stirring the pot and finding trouble where none really exists....oh woe, woe and thrice woe eh SI....

Trricky,

TBH it's been a pants week across the board for most, August has been my worst month in 2024

Woke me up there hoping something was actually happening here for a change...oh well...back to 🛌zzzzz