Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Still very good investment here with another 50% upside in near term. Hopefully we will see good volume near 65p resistance.
Consulting businesses like this are lagging behind the share price recovery we noticed recently in other sectors such as Airlines, tourism.
It appears the market is waiting for some normality in all other sectors before adding value to business such as this.
While it is a great successful consulting company, the new investors are hesitant to put their money in this type of business in current pandemic climate.
The Chart is looking good and trending upward. It may just move sideways if it can't find enough volume. At present there are enough sellers who bought low to accommodate new buyers. Unless long term holders average down or there are simply more buyers, it will continue to move sideways imo.
It is just not able to break through 60 pence resistance. It really needs some good volume to continue with the trend.
Hopefully, next week.
I jumped in here because the chart looked promising. Last six seven months of trading shows continuous recovery after big drop. In the process, it seems to have formed fry pan bottom pattern. Cup & handle pattern still in play from what I can see.
Do not make much of these patterns myself. Especially with small caps that has been raising capital to keep going. None the less, the chart still looks very good.
Thanks for sharing your strategy. I have been moving money in between AUS, UK and US looking for undervalued stocks. So far it has been good.
You are right about second correction. I also see it as a good possibility. Did well in AML, HMSO and RPS.
Looks like lot of retail holders sitting in tidy profit. Moving money elsewhere by the looks.
Looks like you have well thought out plan.
Well done! Taking profit.
What's your price target for the rest? Or we get to know only after you are done with it.
Anyways, that is a huge accumulation.
Thanks Jason and Gadams,
Though there are nearly 2 Billion shares. It appears that they are mostly tightly held as of now by the substantial holders. And hopefully stays that way.
I bought this solely based on Chart for a short term trade a week ago. Usually, I am persemistic with these innovative technologies actually coming to fruition. But having done bit of research, I feel that this product has reasonable chance for success and wider adaptation. I am planning to hold for a long term depending on the News flow and then re-evaluate my holding.
I have not come across this information anywhere, has management addressed if they intend to consolidate the shares? Good luck everyone.
It is gradually coming back to life as used to be here in AUS. Road traffic, shops, restaurants gives the feeling of pre-covid time lately. Mainly affected now I see are public transportation and city office workers.
https://www.commercialrealestate.com.au/news/australia-959319/
The company has reaffirmed June 15 re-openning via tweet.
""Our flagship destinations in England will re-open from 15 June in line with the latest UK Government guidance. The safety of consumers and colleagues remains Hammerson’s priority. """