The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Morning Ed
Agree we are in the midst of share swapping at present.
However one observation, we have done a measly 6M today, the lowest for 8 days first 2 hours. Things are really slowing down so something will have to give soon.
IMO, sooner or later they are going to have to take it up.
As crap as it is Harry, we need to get out the Bonds RNS so we can draw a line over last 2 days trading and look forward.
Speaking to a Chartist over the weekend and he said in the absence of news what is required is 3 day consolidation at these levels and Thursday/Friday could be stronger than last week.
Any Chartist confirm?
Some late ones and big buys. We all know what’s happening, let’s get that bonds RNS out the way and we can kick on because those shares would have been absorbed by now.
11:37:04 4.70 4,500,000 211.50k O
11:31:46 4.90 500,000 24.50k O
16:25:19 4.40 2,500,000 110.00k O
13:28:19 4.40 2,500,000 110.00k O
17:06:31 4.25 1,000,000 42.50k O
16:29:27 4.25 176,732 7,511 O
16:29:07 4.25 100,000 4,250 O
Just need to break our mini resistance 4.20p
4.2 75,000 JBER 13:10
4.2 75,000 PEEL 09:48
4.2 75,000 SCAP 10:46
4.3 75,000 SING 08:08
4.3 75,000 WINS 13:13
4.35 75,000 MREX 13:09
4.4 75,000 STFL 08:37
5.5 75,000 CANA 07:53
5.5 75,000 FCAP 07:50
To be fair we are normally dreading bonds RNS but I think it will be a great relief if we get one soon, meaning between Friday and today it’s already gone and a perfect storm for positive update.
Nothing to say why we can’t have bonds / OP update on same day,
Looking a lot better though guys, two weeks we were below 1.40p and would have welcomed any blue - 2.29% today, 30% Friday and 33% Thursday.
Difference between traders and investors.
Some would have got spiked at 4.80p this morning, saw the drop and sold at a loss - like taking candy off a baby for MM’s.
Us investors, some topped up in the 2’s are chillaxed and waiting on news.