Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
In at 122p yesterday. On support line and rsi showing oversold caught my attention. Aswell as gym goers will still go especially in times like these perfect excuse to get out. I believe in a gradual change in society where people want to be healthier. Members are mostly young and the younger lot are concerned about their image more by way of instagram etc.
I'm in as of yesterday. Anyone follow the technical, this is in a downward wedge. Sat right on the support line at the moment, rsi on the floor.
Hoping the results are good looks due a re-rate given people will still be going out and will eat.
Have a laugh did you nit see the comment at the end about covenants will be breached for the foreseeable future on the $5billion dollars worth if debt.
https://www.google.com/amp/s/www.oedigital.com/amp/news/481892-petrofac-buys-freefall-lifeboat-to-meet-training-demand
This baby will bounce soon but if not they have a plan.
"Amc still holding around 90% of pre covid."
They were not overvalued like CINE though!
Check the financials, debt, revenue etc i see them as comparatively valued currently.
Last year the SP was circa 750p, so only 50% down!
Taken on a mountain of debt and will no doubt will have more added... Holiday sales arn't going back to what they were any time soon and a bleak winter coming up with low sales imo.
Doesn't make any sense does it, especially Carnival steaming ahead up 12% and we are down 8%. NET 20% difference!
Investment at double the share price, confirmation trading has been within prior target.
Ohh well back to 13p for more shares.
Nothing but luck then, i use similarly a cheap online broker x-o... Does take the **** abit doesn't it. The MM's don't half come up with some ridiculous prices at times to basically spike the buyers/punters. After this debacle i'm opening an IG account and will hedge with a short position.
Anyway yea i hear you lots of undervalued sectors and companies, ftse taking a beating of late.
Who's your broker?
Did you phone up to get that price?
Only i got a few quotes in the 23p's, however each one went to error page.
Next quote was at 18.6p...
Only bought in the 13's a few weeks so not to painful of an experience...
Long term very good espically when you consider travel stocks are flying today there's appetite there just not SAGA's day. Results should create an uplift.
Menzies should rise in sympathy shortly imo target 130p
sorry what i was saying it's all good and well talking an open offer/rights issue being at 15p i.e. a discount.
But the way things are going the share price might be back to circa 13p at which point the 15p option would have to be amended down, that's what i meant to say.
i know i wouldnt take up the option to buy shares at 15p when i can buy them on the open market for less...
"It makes you wonder why they rejected an offer of 33p and instead chose to ask shareholder to stump up extra cash to buy shares at 15p"
The way things are going it will have to be lowered, can't have a rights issue above the current price. Whats stopping this going back to 13p...
I'm a holder its great we get investment at double the share price, but the market is corrupt.
MM's opening it up only for buy trades.
The Algo's run it
Not letting share holder know about the 33p bid
STINKS
rampers hey
Been a good run, high volume and falling.