George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Hahaha so you predicted all that stuff but still held on to your shares, genius!!!!
Also just seen on their LinkedIn page that they’re looking to raise £500k on a 2 year fixed at 7% pa.
Will probably need to wait until late morning after the results call if this is to take off and start a re-rate
I had it down as today too. Anyone?
A good read here which supports the investment case (and references) for BMN and Vanadium producers
https://total-market-solutions.com/2021/02/are-we-entering-a-commodities-supercycle/
Hopefully a massive short position appears and the Reddit crew can get onto it
Taking the positives this is an opportunity to crystalise some losses and get just below CGT threshold. Then rebuy at a weaker price (I assume there will be further weakness until then next RNS). GLA
Where has all the custom gone that would have been spent in the businesses that have gone bust or those without online presence?
I have 59.5k of shares so not deramping but disappointed. How can you all not see those results are a damp squib so investors taking money off the table. To get back to a quid there needs to be sustained positivity. Forget fundamentals for a second. For the price to go up there needs to be more buyers than sellers, simple.
I’m so disappointed they haven’t capitalised on this opportunity. Flat in a market with much reduced competition. In 6 months time all that pent up demand will be back in the shopping centres and high streets which would infer revenues would then fall having moved online.
I don’t expect to see my wife for a few weeks when we’re all back to normal nor do I expect my doorbell to ring 6-8 times a day for deliveries either.
Hope you’re right and I’m wrong Brighty
The PE comparison to BOO and what this was trading at pre-Covid is a different conversation. We all know it should be valued higher. Those conversations can be had every day.
What we were hoping for is that today’s RNS provides a springboard for a rerate with increased attention and exposure. I hope that can still be the case, was just hoping for something a bit more explosive.
This RNS sounds more like a company demonstrating to its shareholders that they’re proactively managing the COVID situation by reducing costs and debt (survival) vs maximising the shift to online buying habits (growth opportunity)