George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Just had a flick through all AIM companies and the majority are down between 5% and 10% some a lot more. The odd few are up but not many really. Unfortunately the market makers are the only people guaranteed to make £ due to Corona as they're dropping the Bid to scare the weak but the Ask is a stupid % more, for example current spread here is 13.21%. When Corona was first diagnosed it was people getting it from animals in China and the death % was more but now it's being transferred from human to human and the Corona strain is a lot less and the death % has dramatically dropped. Not many people have realised this and the market makers are taking full advantage. One stock I'm in has dropped 15% from just 14 nr sells and just as many buys if not a few more. It's day light robbery and the media aren't helping either by exaggerating as usual so they can sell more papers. It's a dog eat dog world out there people, stay strong and everything will be fine in the end. Come 6 months time and maybe before and it will be Corona what and all stocks not directly linked to China will recover and probably bounce higher due to momentum.
Because market makers are trying to rob week shareholders. They drop the Bid, the weak panic but you have to pay a big % more on the Ask. The only people that are guaranteed to profit due to the corona virus are market makers unfortunately.
About circa 14 nr sells since the SP was 30p. Like most stocks the market makers are lining their pockets and robbing the weak traders/investors. There was an interview a couple of weeks ago from a board member (can't remember without looking) and XPD have a huge amount of Clients and Corona in China wouldn't effect the bottom line and they weren't that worried about it. This stock overdone like many others that aren't even related to Corona.
Might as well go and put your money on a roulette table.
Yes, thank you Shandypants for you presentation notes.
Filtered.
Many multiples at today's SP in H2 2020 would do me nicely.
Dan has definitely said they want to build NFX up with a view to selling it in the near future and IMO that will be around 2 years time.
If you look back through today's big trades, most of them appear as delayed sells but if you check the time and SP most are actually big buys but mm's trying to hide them as big sells.
We need to remember that not long before the phase III results a Director bought a big chunk of shares at 29.60p. He knows what's going on behind the scenes so must have thought thats a good price to buy therefore would be surprised if it drifted much below that if at all.
So he sold a few in the double digits back in November 2019 but still own 7.12% of the company. If they crossed the threshold this week then would be slightly worried they were still selling so that's good. I expect some weak shareholders will sell but hopefully their shares will go into sticky hands. SP crazy low now and once NXP002 news arrives then a lot of people will be locked out and will have to buy on the big gap up.
Many "This message has been filtered, please adjust your filters to view" this morning. I think I can guess who that is.
Bronxville (filtered).
So far and volume low. If this carries on like this for the rest of the week then believe we can say that the ex chairman isn't selling and people will dive back in and we will settle in the 6p/7p region until further news is released.
I'm in BTC and ARB. If BTC follows the chart as the last 2 halvings then it will be a great investment and ARB will do well too. If BTC doesn't go up as much as I hope then should still make a nice bit of £ with ARB.
I think 29p was the new bottom and this was the share price that one of the Directors bought at the other week.
The below is from Aberdeenman who posted on another forum on the 28th January 2020. Well he got the first very slightly negative part right so lets see if he gets the second part of the story correct................!
28 Jan 2020 09:46
There may be some news incoming that may appear, very slightly negative, however, is actually part of very very positive news.
Aberdeenman
28 Jan 2020 09:44
Random,
NFX will do well, I have issues with the CEO, he is very green, however, there are other grown ups in the room that are making sure things get done, despite some of the CEO's errors.
It will do very well, if this remains the case.
Aberdeenman
Filled. £65K at 6.50p so that was the reason for the sudden holt in SP. Hopefully Dan will do a podcast in the next couple of working days and before we know it we will be back hovering between 7p - 9p waiting for NXP002 transformational news to land.
I doubt he will sell anymore for a while as he will be watched very carefully now due to his initial schoolboy error for as little as circa £55K as well. I expect the share price has ceased going up due to big orders being placed. Expect this to be back at 7p next week.................................!
Does anybody hold actual BTC and not just ARB? I hold both in the theory that if BTC flies then fantastic but if it doesn't go up as I hoped then I will still make a decent return with ARB. Hopefully BTC will follow the same chart pattern for the last 2 halvings then both investments will be highly rewarded.