Mainly backward looking on the last quarter. It suggests more RNS data to follow between now and the 28th January. The 4th quarter was near target and minimal use of underground ore was extracted from Gedabek but the potential was there. The company was operating very safe practices during an armed conflict. Overall thanks to higher gold prices the company has performed 15% better than 2019 despite a war and Covid-19. It is highly credible under the circumstances. I suspect the share price has covered the RNS news myself and now we await more detail on what they are doing this year which was highly dependent on engineering input.
I know the dates can be anywhere between 14 Jan and 17th of January from previous years for the first RNS of the New Yea. The behaviour of the share today indicates a good possibility that we get one tomorrow morning. If we do I am hoping it has some good news.
RE: This is going to blow shortly!12 Jan 2021 16:00
The closing price may not be the same as the uncross trade price. If it goes to low the uncross (UT) edges it up and if its higher than they want the UT to be lower. I still feel they close out around 157p UT.
RE: This is going to blow shortly!12 Jan 2021 15:32
Samme
I suspect the market maker is trying to hold the share where it is now. The support line is creeping up and the resistance line is coming down and they converge on 157p.
> Imagine a share price is moving within the greater sign. Its bouncing off the high end at resistance and bounces at the low end where the support is. Eventually the resistance and support lines collide and then a big move either down or up happens. What we learned this morning is where the top end is as sells were exceeding buys. Hence why is expected it to move a bit lower.
I thought gold was going to do a reverse head and shoulders on the 2 hour chart back up to 1910 neck line so bought at 127.x and clearly has not gone to plan thus far. I find going into bit coin like betting on the horses. Perhaps I just can not get my head around a digital transfer of wealth backed up by nothing I can understand. I just feel bitcoin is another ponzi like Tesla at 1554 PE last Friday.
I dare say China and India said thank you for cheap gold to start their week. We have the China New Year on February 12th. Look forward to getting out of a ratty year.
RE: 70% of people survive but damaged off ventilators11 Jan 2021 10:27
Thanks for the correction. Will the fibrotic changes be reversible?. If not will this cohort benefit from antiviral lung therapies in future. I appreciate a radiologist perspective.
70% of people survive but damaged off ventilators11 Jan 2021 09:41
Sadly there is a huge COPD plus market being created by the current pandemic. The muscle loss and physical injuries to patients lungs will mean they need future protection against a myriad of future lung viruses. The Synairgen market is growing and will have a much wider uptake in future years. Its use as a generic defence against lung viral infection will be a must have product in any UK pharmacy. For this reason alone the share value is worth above 200p.