RE: V price jumps up again6 Jun 2019 08:06
Drax don't spoil the positive vibes please!
And I don't entirely agree anyway.
Yesterday we posted V price up and share rose from 26.25p to 27p, despite current challenges by shorters.
Also prior to the flurry of RNSs the sp was closing between 23p and 28p. Following those RNSs the sp has closed between 25.25p and 31p, again despite the best efforts of shorters, traders and mms to resist upward movements.
Solid news, for example Q2 production up, closure of Vanchem deal, JSE listing, Mokopane licence, BE deals, etc could also have a pleasing impact on the sp.
Be positive and watch this space. I believe there is so much more to come through 2019 / 2020. And rising V prices, as predicted by TP and other analysts, should give a very healthy kick start to the sp recovery.
Just my opinion of course.