The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Good rise today.
Because there were no resources. Read the RNS.
Usually when u sell, u sell under market price, if price is 20 today, they perhaps sell at 18 $/kg
What is the cash and production costs, Production costs are higher, bc the iodine price is very low.
I have no doubt about this. Iof is hardly making any money with Iodine price sub $30. The price is near 20. Based on this I think current share price is unrealistic, it should be sub 7p.
No news and this is up over 60%. Got to love AiM.
Be prepared for a big drop
My opinion on this is clear..... The price of iodine has dropped alot, now is at $20/kg. That s is too low and Iof is hardly making any money. share price imo is high compering to what they are getting, Until the price of iodine is improving don't expect anything here.
I was expecting something good, but not happened. They have some problems, like water issues etc. The main problem here is iodine price, which seems has fallen from $25/kg to $20/kg I think iof is hardly making any money, perhaps production costs are higher than $20/kg.
There are more sells than buys, expect it drop sub 9p
Expect a rns to be released.... No reason for the rise and share price retake to the level where it was....
Should drop back again sub 15p. It is overpriced
I do agree with u, they need to do more...
He got some shares right but he (tw) got some share wrong.... Friday news was good news no doubt...
I think it very hard to calculate the price, it could be worth hundreds, or millions, only auction will tell exactly, Anyhow thx. I'm not in, but very good news indeed.
I m very critical on shares, but this news is good news definitely. Good luck all
In terms of money, how much this stone could be worth, Thx
I really hope she goes there again, but they need to solve the cash position, if they do through loans that would be much better. There will be no placings....
Very informative post. Thx
My position on this: cash is very pow, only c.£8k BOD either get a loan or do a placing. If u intend to do a placing u should had done by now, or do right now at 10p, otherwise price may drop a little more...