George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I wonder if something to do with City Financial. If you haven't heard, they are a distressed seller and selling down various holdings (look at HZM end of last week for example).
Someone posted the 2018 Interim Report for City Financial on Twitter at the weekend, which included a list of their holdings.
At the time of the report, they held 5,990,000 shares in SO4.
Saw this article today:
https://www.linkedin.com/pulse/why-top-3-rpa-vendors-all-acquired-next-24-months-kloster-iii/
I don't hold (but been kicking myself since 450 level and waiting for an entry which hasn't really presented)
First heard of this company when I was doing executive search in the technology outsourcing arena. Wish I'd had the courage of my convictions! What a story.
Often stop by this board to check progress. Always amused by IreneKrapp who can't see the wood for the trees.
Good luck to all holders.
I'm just delighted to see it close above 35p after banging it's head on it so many times. Slow and steady increase works for me after the high drama of late summer 2016!
Ramptastic..... Where do you get the idea it's "fully funded" from?
I looked at other individual Uranium stocks but in the end decided on a fund, GCL (Geiger Counter Ltd). Initially I was put off by the charges (includes a performance fee) but at the end of the day if U does what we think it will, I won't begrudge paying them. I also considered a Global X ETF, URA. I actually sold out of BKY on the last rise, after holding for 18 months. It's not exactly a dynamic share. I intend to buy back in when the U market finally wakes up. Individual stocks, only one I would add to Tom's list is AURA, which might be worth a look.
It's because I bought a load yesterday. Never fails! Lol
Cheers MexPete. I've just tripled my initial toe-in-the-water position based on some further research and the price dropping a touch further.
Me too. Just entered at 4.52. Been on my watchlist a while and been kicking myself not to get in sooner. What's with the Stamp Duty fee though - anyone know?
Actually just double checked and looked like AURA actually closed marginally up today. Things do seem to be waking up for Uranium in general though. Worth finding and following a guy called John Quakes on Twitter, great source of information on this market.
Uranium could finally be on the move. We've had daily spot increases and today BKY notched up, AURA is up (another I've been looking at) and the Geiger Counter Fund (I've taken a position) is also up. Not really seeing significant volume yet, though.
Just had a look at that Polar Capital fund. Eye-watering fees. Tough sell.
I've been watching this share since it was about 450p but always found an excuse not to invest. I regret it now! It is currently a bit too far above my risk line I guess (long term moving average) but then tech stocks often are. I think Irenekrapp you are as someone else said, too focused on the technology and missing the bigger picture. There is a global trend towards workforce automation and BluePrism seem to be able to leverage that, look at the partnerships they are announcing ie with KPMG yesterday. Never heard of the Microsoft product, (it doesn't even appear on the RPA radar with organisations like Gartner as far as I can see), and no-one is going to multi-bag by investing in Microsoft are they? I spent the past ten years as a headhunter in the IT and Business Process Outsourcing sector. About a year ago a senior management consulting Partner with a great track record in traditional BPO asked me to help him move his career. In the past, business process outsourcing involved a company having some non-core business processes redesigned (let's say payments) and then the new more efficient processes undertaken by employees in a service centre from another (outsourced) company which usually used low cost locations. Net output, the customer saved money. Anyway to get to the point. Five years ago this guy would have been heavily courted and interviewed widely. A year ago, no-one was really interested. "Does he have any experience delivering transformation with RPA? Digital Workforce? Blue Prism, Automation Anywhere, Uipath - does he have relationships with them?" He couldn't tick those boxes. Those asking the questions where practice leaders at Big4 consulting houses and large global outsourcers. If they were investing in this area, IMO it's because they were pretty certain this is where their customers and the money is going in the future. That's what led me to check out Blue Prism. Like I say, I just didn't pull the trigger, really pleased to see that many did and are sitting on a pile of profit, especially in the AIM, which is a bit of a jungle.