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I have watched bzt closely. some of u know shares doesn't go up in a straight line, neither drop in a straight line. Yesterday some said news tomorrow, this is not helpful, where is news some may argue, and it may cause share price fall. Some say 4p, that is just a nonsense, just like BJ saying it will be 0.8p. Share price is what is matter. If it is overpriced, when news land it may correct itself and drop back, if it is not overpriced, then there is room for rise. From TA point of view, right now is overbought, hence a drop to 1.2p it may occur. But this doesn't mean it will go back to 0.8p. Those who don't know about this share will leave and bring new blood, just waiting for news. Personally I think news may come in September, not now as some saying, IMHO, dyor.
Was there a news or tomorrow, if no RNS.Tomorrow then retrace.
Personally I think BoD should do a consolidation of shares. Let say at 2.2p Sula to have only 250million shares in issue. It s going to be much attractive than what s now with 2.5 billion shares.
I don't think 2p will happen ( on AIM everything can happen) , but it is more possible we see 5p during summer.
I think it was much better for them to announced that we have done a placing at 5p for example, than what they said in RNS, surely placing now will come at lower price, hence the panic.
Pretty good day, let see if we can get to 90p
Huge rise , was a consolidation!
Is overbought and overpriced
In my book not yet oversold, Rsi is at 42
Steady
It may go there or may drop (where it was 14p, few days ago)
Have not u read RNS, it is clear, how much low is iodine price.
Share price should be at 7p here. How much cash do them have. Have they made any profit so far. It s hard to answer.
Hardly any profit. Whereas share price has risen based on speculation. Production costs are higher then before, because of higher oil prices, this is hurting more the company and plus iodine price is very low.
Solid what if there are 80m shares, this was sub 5p, why would not be again.
LoL. Back to 0.2p
Ha ha. Iodine price have dropped from $50 to $25 and now to $20. Production costs are higher than the revenues, hence no cash.
Great to see Sula up,
What is the profit Iof has made so far. None. Because production costs are higher than the revenues, due to low iodine price.
What is nonsense. The price is very low, never been so low, that s why I think share price should be round 7p