Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Smart move gdog. Looking at the chart this correction just looks like a non event, a long and protracted consolidation. In the end the fundamentals will win through and be reflected in the share price.
Got to hand it to Tosca if they buy back the shares they off loaded above £8
Nice solid open £7.76-£7.86. Going to be interesting watching this today.
80p up!! Nice!!
Thanks GSmiley. No offence taken. Very informative on the accountancy treatment of the share buybacks. Good to know. Cheers short_squeeze.
GSmiley thanks for putting me straight on the accountancy treatment of the buybacks. Good to know.
£170 million that's an impressive asset on the balance sheet. Good to be reminded of this figure. And like a virtuous circle - more buy backs more value added, more the share price rises and so on.
That's me with the averaging down over the years to my peak valuation back in Jan 2014 - just prior to the Edelman report. Staying long now until the news flow turns negative. GLA LTH and new longs
Found this interesting interview that Ofer Druker gave. It's on old interview from Feb 2020 but fully relevant today. He gives his view on the advantages of a Full Stack offering as opposed to just DSP or SSP. Which our resident doom monger constantly harps about it being a negative for the business.
https://www.adexchanger.com/digital-tv/ofer-druker-on-tremor-videos-plan-to-buy-scale-and-share-in-ad-tech/
Apologies. Accidentally posted twice.
I think the HP/Autonomy case is long gone in the rear view mirror.
I think the HP/Autonomy case is long gone in the rear view mirror.
Bmac - this link has some info on Mithaq Holdings
https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://www.linkedin.com/company/mithaq-holding&ved=2ahUKEwi2uMvCl9HjAhXjlFwKHdLjA0YQjjgwC3oECAIQAQ&usg=AOvVaw2I0j6g-bF0g7PJUnnBZMj6
I wouldn't worry. It was massively overbought on the short term technicals. If you look at Bollinger bands the 2nd deviation from the 20 day moving average is at 152p. And sure enough it closed back in side that level. I would expect it to consolidate at the 160p level over the next few days before moving higher again.
Well worth a re-post max19 3,400 posts Holding RNS.... Now Schroders plc increases their's holding....3 big funds managers now holds circa 42% of the total shares in issue...interesting Thanks very much max19. Really interesting post on the amount of shares moving to firmer hands. The supply/demand must surely soon move in our favour.
No matter how you spin it they're buying 4.29 mln of shares on current FX Cable 1.2586 and share price 185.1p. That's on top of the 7mln plus Tosca recently bought.
Than you to 1GW_ for this one. Just been reading back over earlier posts as haven't had chance yet to listen to the call. This is worth a re-post if any missed it: RE: Working Capital The replay is now available. What Bonney actually said on cash was as follows, as I now hear it: "Significantly impacting our cash in the half was approximately $15m of cash paid out for one-time liabilities incurred as part of the acquisition of YuMe as well as the cash cost of integrating and restructuring in the half. Additionally, approximately $10m was used for working capital requirements as the first half of our fiscal year always requires more investment in working capital and the addition of YuMe extended our accounts receivable as terms with their agency customers tend to be longer than the terms of our base business. Cash typically builds in the second half of our fiscal year and as of our latest full week cash report our cash balance was approximately $31m. We are now beginning to build cash in the business as the receivables for our seasonally strongest period of revenue, September through December, are beginning to be collected and our supply costs for this period have largely been paid."
Correction on an earlier post. Should read 20p to 240p old money.
Totally agree instadeth. Depends on your time horizon. I'm in this for the long term and the bigger gains that should show themselves for the patient. I will only sell though when the news flow turns negative. Eg Harvard Professor blog.......... My reading is the news flow has only just started to turn positive. The butter has been spread and the jam jar lid has been cracked open........
The market nous needed to run a successful short or long is the same. So if you were waiting for 140p ,why didn't you buy it when it was there?