Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Recently some large million plus share deals classified as uncrossed trades where the bidder and the buyer agree on a price. So whoever is unloading is finding a ready buyer and this is preventing any further price slippage. Perhaps Miton to Aris ??
FK1. Well this 'stale old shareholder' is not selling at these levels although I must admit I have stopped buying more and averaging down. I really hope the cashew production is going more smoothly and that together with the much improved CPO numbers we will see the share price moving close to 3 in early 2024.
Don't look at all bad to me so why is there a 10pct drop this morning ?
Both you and Smokey are wholly correct, the price is being manipulated and LSE does not understand, or want to understand, the actual position.
Early this morning on a dummy 1m trade i could buy at 0.4166 and sell at 0.3920
Now the price has slipped to 0.3711 to buy and just 0.3420 to sell.
Let's see where we end up at close.
Are themselves close to a basket case. In July this year they faced going tits-up because they were running out of money. They needed raise £5 m to stay afloat. They did this by offering shares at just 3p a discount of some 86 pct to that ruling the day before. So I think we can take their price ideas on DKL with a pinch of salt.