Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Top up time
Their focus last year was minimising overheads, as far as I know they don't have a specific position for a stakeholder or comms manager and I imagine they are extremely busy being a very small team with an increasing workload. If I was them, breaking even ASAP would be my number 1 mid-long term priority. The share price will respond in due course.
Maybe feeling the kick back from the fact that the latest high was based on no news and no evidence of anything.
If it drops back to around 3.8p Ill be back for a top up.
Possibly waiting on the Con leader news which has just happened. It is glacial slow though on here. So long as the SP doesn't wander on lack of news I'm not concerned.
We need to use the comfy chair and fluffy cushion to get some information out of anybody at LSAI in the know.
My thoughts exactly. 600000 shares bought today and barely a sale. The next 6 months (and beyond) are set to be very interesting.
But overvalued stock brings volatility and I cant be arsed with the risks of stock price falling off the edge of the earth one day for no reason. Its great being a 'trader' as you can sell high wait for the drop and buy back in wait for another rise. I am not a day trader I'm an investor. I would rather have a steady grade rise with a few minor bumps over 5 years and reach a hypothetical pound each than have a share graph that looks like the Himalayas and still reach a pound after 5 years.
On another note there are more LSAI owners in IG now that a few weeks ago. Quite a lot of new buyers.
Due to the timing of the rise last week it could be born about half year financial results. With 2-3 weeks since the end of June this is roughly how long it would take for accounts at LSAI to realise half year results and info spread around. People buy in before a jump in September when the half year results are issued.
I might buy a few more when I get paid next week. I was correct yesterday in saying we had peaked for now. It was exciting and it was a good week but I would fear for the volatility of this share if it got carried away with runaway momentum or a hot hand with as yet, no hard financial evidence that the company is stronger. I want to see numbers. I've noticed a few of the posters mentioning bidstack but that momentum looks to have carried that share a bit beyond its value.
Looks like we've reached a current peak at about 4.35 off the back of no news. It's killing me not knowing what is going on and why we have had a big week in the limelight.
My average is 2.9p. I thought 'am I crazy?' last year when I began investing in these guys and FairFx but its looking more like I may have pulled the Rabbit out of the hat.
Whats do all the regulars on here think the share price will be for close of business this Christmas. I'll have a stab at 6.8p.
Agree with you there alpha papa its just a matter of timing for the buyer and LSAI. I would like them to hold out until they are worth £100m though with shares worth 30-40p.
I don't have a clue. Somebody mentioned in a comment yesterday 'partnership with Google' just those words alone gave me a bit of a semi.
You and me both Rob. Some serious daylight between the average price I bought and current value.
Over half a million trader in first 45mins of trading. Haven't seen anything close to this since I first bought into LSAI last June.
RNS still not out but something big brewing.
With all the motion today I just want to know whats going on. Something significant but who knows.
Seeing LSAI on top for the first half of this year after only 1 year as an investor was a nice moment. Maybe I have a nose for something other than structural engineering.
Boring checking the share price every day for the past 3-4 weeks. Looking forward to some half year results in September. If they have exceeded any revenue targets we should see some positive reaction and momentum. Fingers crossed from me.