Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
149m just gone through above ask @ 0.0146
i think we are long way from that, the 52 week high is probably at a comparable market cap or not far from where we are now.
The initial surge will always attract sellers, those who have done that for the past 6 months will have had good returns. Question is, does this fall back like previous moves or continue, only time will tell
PEEL still supporting the bid, looks like some good sized sells coming through without the bid dropping which is positive.
Thinking more about the TR1 update, this has removed some of the concern i had with regards to funding. Should they wish to place a large amount of shares to clear (which some keep alluding to), given they have already hit the limit, they would need to go to an EGM for shareholders to vote for the increase, given EHGO held over 20% i expect they would vote in favour of this, now they are less than 3% the likely hood of that happening has now been significantly reduced......just my 2 cents on everything
Fingers crossed we get an update soon.
anyone else notice the large delayed trade of 23m @ 0.084???
PEEL on the bid, normally see's a stronger move when they support the bid
well thats a nice buy, 100m @ 0.01588 :-)
so mr 89m bought at 0.0155 yesterday and then dumped them this morning at 0.014.....that went well
not the quite the start i was expecting, 1.5bn traded in the last hour and only 10m this morning.....
I like the enthusiasm but I think you missed a decimal place on the 3p quote, more like 0.03, the market valuation at 3p would be close to a billion........
Absolutely fair enough for selling out into the next momentum share - in Icon's defence, they did say they would update the market on the new financing structure in Q4 2020, so still 2 months to deliver on that, currently no delays from my perspective
So the first piece of the puzzle, RNS confirming that EHGO now hold an immaterial share here, last time we had confirmation that they wouldn't be drawing down any further we rose to 0.03 (but with fewer shares in issue).
Final piece of news is how the outstanding debt is to be settled, no news on what this value is at the moment but fingers crossed we've utilised GreenCastle
fingers crossed for Monday morning then
noticed it across most of my portfolio today, much lower volumes than normal and very small size going through
have a good weekend all
well we had a similar situation a few weeks back where we popped higher from 4pm into the close, might happen today but not holding out for it
agreed, i have always said that despite peoples views on EHGO, they actually provided the majority of the liquidity here over the past 6 months
can't remember such low volumes here
completely agree, a respectable financing deal would see this rerate massively, truly transformational time for the company and its shareholders
very odd, PEEL have been on the bid and ask for nearly an hour, you very very rarely see a market maker being the best bid and best ask
and there you have it, PEEL now on the bid.....
was hoping for an rns today given the volumes and large trades we have been seeing over the past week, PEEL in full control at the moment, they were joining the bid the last 2 days on the rise but when we see low volumes are happy to sit on the ask
soon as we start seeing volume again i expect a move north to continue, short term 0.016 and then 0.020 are my levels