Member Info for NonPartisan

Yes Tim, not settled it never will as low traded/low cost stock ... but look at 2 things 1) it's moving up and down 6% every 5 mins (small Freq manipulation), then run a ruler over the day so far (putting equal height of peaks and troughs either side of rule and it's climbing 10-15°.

Oh and the last thing is, I saw you sold. VERY IMPORTANT This as a small stock so has up to a whopping 2p or 6% bid offer spread (ten time more than RR) so timing the re-entered sweet spot is almost impossible EVEN before you factor 2 X trade buy and sell costs and taxes.

Bought a big chunk 22.90 , sadly a minute or two after the rising from 22.35, but hey ho...now back to 25 what a day !

Mid to late 60s - feeling very old, I was heavily involved in Kick out Racism, Live aid and Mandela Birthday Concerts !

By the way nice to be back on the sturdy deck of our ship, it's been a bit turbulent on some l.s.e outposts with a bit of lily livery abounding

Two ways of looking at it - for me a nice sale day....I tucked into some more, like I did Wed 9.30am, at 26p.

Frankly there are some proper bed-wetter comments today, frankly bit unedifying on a single days trading.

It's going to go down at least 4-5 more times before MRE , if we continue at recent circa 7, 8, 9% gains per day, for a string of 2,3,4 days in a row.

PERSPECTIVE - ZOOM OUT LOOK AT BIG PICTURE - the growth graph was circa mega steep 45 degrees upwards from 1st May to 18th June then it got even steeper increase to about 60 degrees upwards, which was never going to be sustainable otherwise (including 8th wonder compounding) it would have be £3 YES THAT'S £3 a share in just two months .......which is clearly claptrap/unsustainable.

SO RECAP - Its dropped 8% on day versus 153% up for the month.

That's still circa 145% up! even if it drops bit tomorrow REALLY big picture, its no biggie.

PS Compound calc here if you want to check my (used 9% over 2 months to get to daft £3 fig.)

https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

Keep the faith.... nothings actually materially happened, and perhaps try and avoid the circular firing squad discourse.

Just 'cos its up and down, like a sex-workers undercrackers at mo, it'll probably settle if/as fundamentals the same.....

A quick addendum to my avoiding 'narrow framing bias' tip yesterday for the new guard investor.

Also old guard will know this, but the massive see sawing of price up and down 1-2p every few mins (as I type its moved 6% up and down in just 2 mins), which be a bit alarming, is because unlike say R Royce which has 2 key factors 1. high price and more importantly 2. high trading volumes.

EEE has a low price and more importantly in the grand scheme of things, very low trading volumes and frequency and it can be manipulated (in the correct or positive sense of the word) be quite small buys/sells, unlike say RR which needs a shed load of activity in a minute or two to swing it north or south.

They are Aimgainer, but not mega returns of stock mkt.

You might know already but Vintage 1953-99 Rolex Subs/Gmts/Sea-dwellers etc and Tudor Monte Carlo's, Subs etc rose roughly 100-110 % in just 5 years from 2017 to 2022, but values taken a 20-25% bath since the Truss Budget/global downturn of c Oct 2022, but stabilized now. I do spend as much time on C24 as L.S.E forums though, plonker 😱

It's all gone a bit 'circular firing squad' here this afternoon. Weather.

ML - Just a heads-up ML. Bit complex/might not fly there, but perhaps have your accountant look into transferring/investing in/buying 'wasting assets' (e.g. INVESTMENT GRADE used vintage watches, cars, m/bikes, musical instruments etc) which have ZERO CGT implications in the UK.

Yes MKOPPORTUNIST a brilliant tome on our endeavours to bringing risk under control.

One of my go-to’s.... Thanks and cheers. NP.

Btw it’s here WEIRDLY FREE, well it was to me - If anyone interested

https://matrixtrainings.wordpress.com/wp-content/uploads/2014/09/against-the-gods-the-remarkable-story-of-risk-1996-peter-l-bernstein.pdf

Indeed and on that last sipp point. If over 55 and your sipp is in ‘drawdown’ already, max £10,000 sale proceeds can go back into said Sipp.

Hope everyone kept the faith.

I can't offer any mining expertise per se ,above and beyond the experts here, but I Studied business psychology at Cantabrigia 45 yrs ago.

When I started out investing, I used to panic when shares moved against me in the short term.

I learnt to fire up the daily chart and then zoom out on larger timeframes to see the real position.

It's academically referred to as relieving your 'narrow framing bias'.

Next week loss aversion, and how our brain thinks a loss is psychologically 3 times worse than the same gain !

2% so far @11.43 is quite the (unexpected) thing ⚡... good old double R mother ship is sturdy, while a few of my tenders are feeling the swell (if you'll excuse the expression).

See m l's 9.52am post🚅 Peeps covering positions, paying the mistress, buying Jeff's wedding present, POTUS swear box bets payouts..it'll do it (fall) again about 1 in 10-14 gains I've found - back chugging again nicely - Soz done it again.

Those who Disembarked seem off the platform now - now trending 4/5th blu...Today 10:27

Sorry peeps... just enjoying the ML train analogy.

Took on some of yesterday morning 'best before' cheap sandwiches at Crewe for 26p at 9.30am....

Ok that's enough - As Mark Williams would say - I'll get me coat !

Sorry i've got 15 lse tabs open - typed into wrong one. Spanner.

Sorry peeps... just enjoying the ml train anology.

Took on some yesterday morning best before cheap sandwiches at Crew for 26p at 9.30am....

Ok that's enough - I'll get me coat !

Formal tests at least 2 months away. Plenty of time for growth and the odd blip too of course. I'm in 100% I N until c MRE, then i'll halve my holding few days before as hedge.... esp if curve, now to then, looking s.p. baked in.

Monitoring AsPac overnight and geo politics (busters perhaps didn't bust). I'll personally be happy with a 9.11-9.15 close with everything going on.

Iainuser. each to their own but i allocate c 25% of my 850 shares companies invested in, into 4 different risk profiles / expected rtns.

rr is second lowest bucket (moving close to lowest risk bucket now thoough on recent orders/contracts/mgt. Another lowest eg is aviva) eg santander 2nd bucket and say vodafone second risky as big drops but likely grower hopefully and eee is highest risk bucket (alongside say Metro bank) of the 4 buckets

the max ive allocated is 2-3% total on eee. tbh doudt id increase past 5% of my holding on eee, it took a bath of 50-60% few years ago i think i recall, but things have changed hopefully..... but miners are inherently risky by nature. and vibe and hope is driving price at mo.

thanks to cev though for heads up as others have said.