Hope I am right
I bought at 5p, was to scared to buy more as was already loads down. After I bought it, it went to 7p and then dropped by half. I see this going past 7p again. But I don't want to come un-stuck again.
CRK22 and dazaliam before we get in to this I am not a expert but I have been lucky/smart on all but one of my shares so far (hur) (my smallest holding 2p down a share).
I base 1p on: there is a lot of ppl watching this share and waiting for them to move to the next step. I am on 15 different boards as will never put all my eggs in one basket, these ppl would invest a lot more than me and have talked about this share. KOD have a buyer and transport system and more than one site in place, the one thing they seem to be bad at is getting there licences in place. They have already got to the materials they just cant take it out of the ground. Lithium is worth a lot, the other material they will be pulling out is gold at a different site plus anything else they find and then can get a licence for. Also even know there is a correlation between the market cap and the share price that's not always the case(11mil to 110mil isn't a lot for a mining company trading). This is a risk but I think there will be muti bags. If you want safer go UFO
That would be great, I just got back on board after selling at a high a couple of months back (always wanted to get back in and see that the WSB on reddit was using the tag AMC just thought maybe this is the right time for the wrong reasons lol)
I think 2.5p by year end :)
I am the same but think I will add on Monday, if nothing else it will mean I am averaging down. I don't know why this has dropped.
Just to say I am still here, I got this share as my main way under a penny, I could of sold at 3p but I am still here and I see this being big but this is easy for me to say as I could sell now and still be up. I still think this will go high and get muti bags, also I think people who bought this share at 3p will still see a good return if they hold. Its a good investment in my eyes. lots of things to come. GLA
That helps so much, it was something really new to me and you made it make sense. It took me 3 days for get the answer in a way I could understand clearly, so thank you again.
Thank you Carribean2029, so in short they will move the value of are shares down issues the new shares and then they will move back up?
2/12/2020 its in the results or the genal meeting in the RNS can some one tell me what it means please
share reorganization
Deferred Share
and 8 billion new shares to come
sorry still a bit new to this and dont know why this is good/bad??
I am have trouble understanding the reorganisation shares and deferred shares and that the release of 8 billion shares is a good thing not a delusion can one of you help explain please. Googled it but still don't understand it fully. Thanks and gla