RE: Newcomers or relative newcomers.14 Jan 2020 22:08
I will reply twice. Same message in both messages, to make it clear on both treads. Sorry for this overly long post. On both Hotcopper and New Investors. New investors you don't deserve to have to look at this. IMHO.
Nothing that I have said in my posts today (or ever tbh) should be taken as "personal". When I post I don't think of an individual. I never try and make any comments personal. It's just going too inflame awkward situations. It can turn someone "general thoughts" in to a slanging match. I didn't remember you had topped up.
This happened before on this board when I said the SP will get stuck at the 1.70pps to 2.40pps level when it climbs trough it and people sell.
Thoughts of a placement (true or not) could have the deramping effect (I think that was the point). That's it. To help claify some of the other points:
An RNS could well have carried the momentum forward up and on past 1.50pps. Kept peoples interest in what's going on and made information checking less woolly. I check on my RNS watch list here to see what's happening. Not usually on a PMO site with respect to the ice road starting and there were a number of posters waiting for it I believe..
Every Company is slightly different. Positive news sometimes has an effect. Sometimes just news has positive effect.
For example. Out of the 19 (now 20) with PMO that I monitor, Today 17 are either red or no movement. The highest mover PDL (3%) has risen just on news their financial statement is due on the 27th. Nothing else. If you had asked me a month ago which share would increase by 3% on the 14/1/20 I can pretty well assure you I would not have bet on PDL.
With regard to the ASX, it climbed to 3cents overnight on the first day of 15% increase in DEC and dropped back to 2.5 to 2.6 even after the second consecutives day of 15% increase on the LSE. So its dragging back not pushing the price.
Equally some replies that the ASX is tighter/ looser than the London exchange is equally debatable and non personal.
From experience you know where to look usually.
My thoughts were to a newcomer looking at 88e and perhaps some of those kind enough to reply to me already on here would/could team up and do a daily post with other regulars (on this or there own subject heading).
Make a list keep adding and repost it every morning or evening. There will come a point when everyone is looking to get up to speed. All long term posters on here are bound to be more informed of major places to look and what's there than someone just turning up. Thanks for all your efforts with me and I am sure people yet to read the thread will be grateful.
Then again perhaps it's a stupid idea, and you will get fed up everyday?
292 characters left. I was aiming to have 88........