Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agree Gazelleman. Easy to get caught up with the drops and blame it on all sorts of things. Check out all the other similar stocks. A fair percentage of the recent fall is down to the endemic within techs. Tesla down , Plug , Vestas , Nel , you name it. Meanwhile the general , boring , market areas doing pretty okay. It won’t always be this way.
Thanks Toneman. So really it is comparing different things. They should qualify their share of the transactions somehow.. I would have been strung up (in a previous life) if I’d put this ‘quality’ of information out.
Hi Radius. Absolutely right , I realised that but the drop in price would have to be incredible in which case we definitely need an explanation. It would also question the viability of the business as a whole perhaps?
Thanks ToneM. Sorry to go on about this but please stress the anomaly here. They have gone from an average £826k per MW to just £343k per MW. To my mind this means either 1) They are comparing apples with hand grenades and should explain pronto rather than confuse people or 2) Someone has screwed up. I’m leaning towards the latter.....
Looking at the figures again , I really can’t see any explanation other than a ****erel up. The difference , 16% to 179% is simply massive. We need an explanation. Even if recent negotiations have been at lower prices the % reduction is away with the fairies. Maybe they are understating the £’s. How do we ask them?
That a company with zero debt and £250M in the bank can be hit ( in part ) by increasing interest rates or the threat of them? Simplistic I know but there you go. Also ironic that the share price can fall SOOOooooooo much when there’s no evidence whatsoever of major jumpings from ship? The tide will turn.
Let’s face it guys. This drop has nothing to do with ITM , it’s prospects , it’s up and coming update or anything else. It has everything to do with the general market and specifically tech stocks. Interest rates and Putins recent behaviour being used to manipulate the whole market and enable the people at the top to make even more money by causing the masses to panic. Sit tight , nothing has changed , top up if you have the funds/balls , personally will be trying hard not to sweat it. Just bought 4000 more..... GLA and AIMO etc etc
What was referred to and seemed to be bargain basement prices would now seem to be very expensive attic conversions. That said I have bought 10k shares over the past week and will continue to buy (probably) if it falls further. May pick up a cut or two on the falling knife blade but 100% confident of recovery.
Don’t worry Capri1 or at least try not to. This will go the other way just as quickly and your £4.20 will end up looking cheap. Not easy to say when though. The US ended badly today but I’m hopeful of a better week to come.
Interesting. For the last couple of years I have traded on the ups and downs but not so much recently.... possibly due to the lack of ups? This hasn’t involved my core holding. I have diversified significantly over the long term ( profits from ITM mainly ) but may look to stick some back in , for want of the more accepted investing terminology. Orders will come as we have always said.