Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Last reported trade for 114p ? Not possible - there’s no big buys gone through
I know what a UT is - but Google usually shows the correct price and no idea why it’s showing that
This right ?
Did you even read the RNS ?
They’re a profitable company - just not as profitable - put simply
It’s just momentum now stinging it - momentum downwards obviously and low sentiment not logic
Laugh or cry guys what can you do
I’ve been burnt I’ll admit it - went to heavy
It is what it is
Alot of serious investors look from a 5 year timeframe and this company with all its intentions to break into America and now Asia stands a great chance of being a giant
But first it has to go through the turbulence - could get worse before it gets better - could be dilution - but ultimately I’m the next 5 years we could see a giant here and look back and think should of just invested less and waited longer
We have 70 million net cash
What’s the cost of this new US venture gonna cost in terms of factories?
That’s why dilution is a concern to me - income is lessening and outgoings are increasing
Like most here I’m deflated somewhat - but the question must be asked - how are we funding growth and expansion with headwinds against us ? Is dilution the next problem?
Growth isn’t cheap - and our margins are reducing
Where’s the end here
Let’s hope it’s very very close
How do you know they didn’t know anything ?
The SP tanks last night at 4.29pm and today you get this news ?
Yeh just a coincidence …
It’s crazy how people find this news out before the public and sell off a day early - how is that even allowed?
Why is no one talking about this lol huge TAM
Reversal due now IMO
Awesome news
Yeh I actually spoke to a shorter and he said to me when it was at 150 - he actually stopped and went long as there’s more money to be made in the upside now than the downside which obviously makes sense
In the US at least so hopefully that transfers to U.K.
Volume is what makes stocks move and volume is a shorters worst enemy - so now the fed meetings out the way and the SP has clearly gone way to far down let’s see some positive action
Growth stocks that are cash rich don’t need to worry about Intrest rates as they don’t need to borrow money - that’s where boohoo are different and are in a stronger position
Yep they’ll all want in tommorow IMO a lot of the drop was down to the fed meeting - everytime SPY dropped on US open so did boohoo but now SPY has spiked nicely
18,800 shares here at £1.37.8
Did you sell out today.. and now you are bitter? As the likelihood of a rise is now higher tommorow
Sounds like it