The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Monday Tuesday down to warm weather rubbish!
Todays post market trading showed 1.9M shares and yesterday 1.4M!
Buy or sell not shown but Thurs probably mainly buys due to price jump today.
If Friday is a disposal will affect Mondays SP.
If your asking investors for money you need to be upfront!
They weren't!
If it was a binding agreement for a rig we would not have seen a 25% drop!
Better to have waited until they had secured a rig rather than make a flimsy notice of intention to get one! Possibly! Probably! Hopefully! Wishfully!
You know what they say.......!
Fools rush in..........!
Into the blue at last!
Someone hit the nail on the head on a previous post.
SP currently driven by small trades based on sentiment influenced by whatever piece of negative news hits the web.
No long term view based on profitability.
Certainly no accurate assessment of the impact of reduced Euro market on TGA's sales!
Thungela response to personal question : -
'We sell our coal to Anglo American Marketing in terms of the offtake agreement in place since the date of demerger.
However, when we consider coal from RBCT the traditional destinations would be South and South East Asia, thus into countries such as India, ****stan, Vietnam etc. This year we have also seen increasing volumes out of RBCT to Europe, although off a very low base'.
People will be in for a pleasant surprise come the next declared dividend payment!
Coal still in 160-180 range way above float expectations!
Hang tough!
WAS THIS THE REASON FOR FALL?
FTSE lower as European natural gas prices fall to pre-Ukraine war levels
European stock markets tumbled into the red on Thursday as natural gas prices dropped back to their levels before the
Ukraine war.
In London, the FTSE 100 (^FTSE) fell 0.6% after opening, while the CAC (^FCHI) tumbled 0.5% in Paris, and the DAX (^GDAXI) was 0.3% lower in Frankfurt.
The month-ahead European gas future contract fell as low as €76.78 per megawatt hour, its lowest level in 10 months, according to Refinitiv data.
FTSE lower as European natural gas prices fall to pre-Ukraine war levels
This is thanks to warmer-than-normal temperatures this winter, and consumption reduction targets.
UK gas prices have also declined from their highs earlier this year. The day-ahead gas price closed at 155p per therm on Wednesday, compared with 200p/therm at the start of 2022, and over 500p/therm in August.
Yet again the days gains disappearing by the end of it!
Can't believe investors are buying and selling all within the same day if such small trades?
Is someone holding large volumes, buying and selling using multiple trades?
Any thoughts anyone?