Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't rehash old stuff. Talk about future. Pls.
CLN what are the conditions that need to be met, and why might they not be met.
I want to understand the farm in and takeover situation properly.
OK if you had a choice and the real prospect of no farm in.
Which is likely as current discoveries can service world oil demands
My gather is that you have discovered oil that is your language. But you as a company are talking about an 80% prospective play.
So which is it or is it both?
The placing only needed to be 2.2 at the lowest. Sorry this was a ****up by the board. No wonder it was oversubscribed.
Institutions abused the board. No doubt they talked **** about wanting a price to protect them against shorters I very much doubt they got in that quick this morning.
We should never have been told 2.4p
Starchild can u tell me if any sellers got 2.8+ this morning.
You understand BPC., but not markets.
You should have seen the scenarios coming, I got a piece should have been bigger.
Not here to entertain. Message is heard.
That is how short Selling works it's supply and demand 101. Ask and bid have a point to it. We will see by end of week whether there are enough new buyers or not.
It does not matter there is not enough activity in a stock like this yet.
Short Selling
Normally on good news ask has to be long so as not to exhaust supply volume, once that drops bid has to go up.
If selling doesn't talk place bid has to go up again. If volume remains low. Short seller steps in to sell, if ask is to high to get buying going it., The ask has to drop. The volume is now controlled by short sellers. They need to close there positions, but have the benefit of a lower ask. Haven dominated the volume earlier.
This RNS could have gone with interim RNS. Still a short sell on low volume over end of week.
Short Selling
Normally on good news ask has to be long so as not to exhaust supply volume, once that drops bid has to go up.
If selling doesn't talk place bid has to go up again. If volume remains low. Short seller steps in to sell, if ask is to high to get buying going it., The ask has to drop. The volume is now controlled by short sellers. They need to close there positions, but have the benefit of a lower ask. Haven dominated the volume earlier.
It's still too soon and other stocks actually make money. We are still a gamble, in world a wash with money.
This week the volume is down already and it is primed for 4 or 5 short sellers to sell on low volume which could move the stock down easily.
I see sellers coming in tomorrow and closing positions Thursday morning. There is no more buying volume to support this in my opinion
Not yet still too far out.
You can short on the day or for the price at the end of week. Volume is getting so low if they short in the morning they could get 2.5p by Friday for sure.
Short sellers may come in now as it's now a well traded enough stock and volume has dropped. It will not take much to move price either way. In the afternoon
This is not going up for a while, the market has changed you can have your money working in other stocks. Look at what happened to tesla. This is gonna be down to 2.3 by weekend it needs proper news now. That's not for 2_3 weeks. We don't need pump and dump so don't encourage it.
I sold today and it is not showing, there is still share dumping in morning.
No it won't it will retrace to 2.5 by friday
Not ufc though gamers are not ready for it!
False alarm still a couple months before it explodes.
After all the good stuff I wrote that was deleted, it will still drop to 3p-4p