Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Results seem pretty good and a little hard to understand why shares should be worth a third less than this time last year and why they were 3 times this price at the end of 2021. I shall buy more if they drift lower.
Agree on that, seeing as there is not much value left in my pot to sell. I can't make up my mind whether to take the plunge and buy more however on this RNS. It's good news but no actual orders at this stage. It feels like putting money on a 14:1 horse which you know has a tendency over many years not to finish.
I just had a quick read and they are pretty lacklustre (lackluster for US) . We have population rising rapidly and inflation plus price rises earlier tjis year and they just manage a 3% increase in revenue! Cutting costs may or may not be good for the future of the company. Net debt is up. Something still quite wrong with this sector.
I gave up reading IC a long time ago, it cost me an arm and a leg following it and perhaps especially ST. I have learnt to take various tipsters with a huge bag of salt, they seem wrong more often than not and especially in a flat or falling general market.
Yes agree on not to sell just yet as this share tends to move big when it moves (in either direction).
It's not clear or perhaps deliberately vague - capitalism eh.
Well the figures out today are not great. In real terms they are going backwards and Liquidnet division revenue was down yet again, suggesting they paid too much for it. I'm not inclined to top up just yet.
The share price was 580p at the covid nadir of March 2020. Went lower to 290 in Oct 2022 and a long way from over 1000 in May 2021 - all complicated by the large share issue in Sept 2021 which dropped the price to about 650p.
I too have topped up but it's a long way from that sage (not) Simon Thompson of IC who had some of parts valuation at 170. That guy has cost me lots in various share tips. There should be a health warning on the cover of that rag.
Share price down today on seemingly small sells and then a purchase of 25000 shares lifts the price by 2p. Very odd.
Yes - sold results if not spectacular. I bought yesterday wondering if the price reflected people-in-the-know selling - but probably not the case. The price should move on up from here.
The share price is saying this does not make sense - time will tell.
Who do you trust here? Are Hedin going to do more due diligence and find something they don't like which might be enough to remove any interest from Lithia. Is the software really worth as much as they are suggesting? Why are the board seemingly so keen to get out of the car dealership business when others are keen to get into it (e.g. the recent purchase of Lookers by Alpha Group).