The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Why are you suggesting to look at the 1yr chart Magicman3? Do you know where SOLG is on the discovery lifecycle? https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
They're still in offer period. I'm expecting to hear some update on that in the final results. Regardless, if they were going to delist, then there would have to be announcements to that effect, at which point, I'll be getting the Frank Boff outta here.
That would be nice. I was thinking that if they're gonna extend, we'd see an extension RNS by about Wednesday of this week. Otherwise they have hopefully had better dialogue with Currys than Smelliotts and understood what a 'fair value' offer looks like.
Yep, looks like a few through GS, RWC etc have slightly modified their positions, but given the significant volume of long positions bought since mid Feb, everyone's playing a wait n see game. Would have seen 48p or lower if those large holders had sold out. Next 7 days will be interesting.
Also, these legal battle often sound like they're a big deal, with lots of posturing from both sides. In reality, it's in no-one's interest to have a massive court battle, reputationally, or financially, and these things are often settled through out-of-court settlements. Once this is done, it'll all blow over.
Agree, totally oversold and driven down hard last week to get good entry point. This year will likely see inflation issues subside, interest rate reductions and the McKesson profit hit the books, I see this as a big turn around story. Price today certainly reflecting this.
Technically, trendline from 20th Dec 2023 to today is being tested at c. 468-470 on the daily. Past this and it's all to play for. GLA
Elliott's - bunch of chancers have gone off in a strop. Only problem with Elliot pulling out is that if their involvement was meant to flush out an offer from JD, it hasn't... So no bidding war and all hopes now pin on JD not being a bunch of n*bs.
Been watching SOLG since 2016, missed the boat then. Just got in and holding ready for financing. Space suit at the ready, this is going to the f'ing moon.
https://www.youtube.com/watch?v=WKHLqQ_Hi5Q&t=107s