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for couple of days, the sp increased with 20%. While I am happy, what are the reasons for this?
Some good news. Shorts were decreased with 0.13% Numeric Investors LLC - from 0.81% to 0.68%
MrEMC2 I am the last person who would like the price to drop. I hope and believe it will go to 1 � However in the next 12 months I think the sp is likely to go down till we see a proof that the company could reach a profit stage. I am worrying that the bank sale and the recent purchase of Nick Parker did not move up the sp. If it is at 50p now it may go down to 40p or less in six months. What is your view?
BS76 bgw1970 where do you guys think the share price will go in the next 6 months? I believe it should go to 60p first and then down to 40p (potentially 30) This where we could buy more
K3VMC I like your optimism but I cannot find the same positive things yet. I am hoping you are right and I am wrong but: 1. Shorters were around 10% a year ago and decreased to below 1% a month ago. They are currently at 1,5% I donot think this is too much 2. Bank sale is on the edge to be completed and the share price is not moving 3. Tungsten will not reach to a profit stage in the next 12 months or more. If the share price is at 50 now, where it should be in 6 months...40p and may be 30p in 12 months? I am trying to see some points which could move the price to 80p in the next 12 months but I am struggling with this.
Numeric Investors LLC increased the shorts to 0.81% and someone sold 1 000 000 shares today.
MrEMC2 Unfortunately I do not think they will announce the bank sale today
K3VMC I was thinking to sell some shares at 70+ with the sale of the bank. unfortunately this is not happening. What is your view? Do you think we could reach a new year high 77+ with the potential bank sale announcement?
the bank sale should be announced son and the share price is down ...
BS76 Apologies for this but how it is possible the Tungsten bank trades as Wyelands from 14/10/2016 without any official announcements?
Why the SP is going down when we should expect the bank sale to be announced? Another manipulation or there is a problem with the bank sale
Thanks, K3VMC I hope everything is ok with the bank sale and the share price petentially could go up to 80 next week
K3VMC , when we could expect the bank sale to be announced ? I thought it should be by the end of October but it does not seem to happen
What does it mean? The chairman of Disruptive Capital Investments Limited ("DCIL") is Edi. What is his idea?
K3VMC if you are right and Edi wants his baby back, it would not be good for us. Do you think the company could go private? i afraid a manipulation is on the way
Could we reach 90p in September once the Bank is sold?
What are your expectation about the share price once the bank is sold?
BS76, you are right. The question is if Tungsten could become cash flow positive. 2-3 years is too much time. The share price could drop to 20-30 by September. It might be good to sell now and buy in the end of August.
I donot think the sp could go over 60 even with the sell of the bank
K3VMC, why the share price continues to fail since the FTSE 100 is with 2% up today? Are there any problems with the sell of the bank?