Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yesterday there was somethiing like £100K of transactions and today even less. Looking at the price move without looking at the volume vs free float is only half the picture. when Saber is released and generating revenue the volume of sells will be reversed in no time and the price recover +++. £20M+ market cap in no time imho. A treble? Whereas will you find that with a management that is into this upto their necks. They have to make it a success.
Have been buying.
Mopping up a few as a punt. They only released full news on new MWD on the 6th Sept with the emphasis on SABER for usage. They are looking to move out of the way of commodity MWD that has turned up in the market. That should help future margins if you read up on the increased reliability and SABER should pull those sales through.
Buy now as a punt as Saber will offer MWD pull through and bring MWD back. A gamble but the upside looks decent vs downside as SABER must be made to succeed and management are in the shares up to their necks. Darkest hour and all that.
184 quid at the higher price is diddly squat. Higher price doesnt mean anything without some volume behind it.
Yes, but do you trust them?
Voting with their money and expect it to retest the lows or lower. We've just had a bounce, that's all, not a return to the run up towards the previous peak. That's gone.
Only the fittest will survive.
Needs a shake-up.
Investors voted with their money as is obvious from the share price.
It's a buy and hold now. Not worth trading from what my point of view when lucky enough to be able to buy around this price.
There is light at the end of the tunnel but no clear of this mess for a while imho. Cash is king.
They know its likely to get worse before better. Next stages in general are proper earnings downgrades across the wider market as economic activity slows rapidly, then o/p reductions due to excess inventory, leading to commodity price falls and finished product price declines (deflation) etc. GROW will not be immune no matter what is in the portfolio.
It could become very bad indeed over the next 6-12 months, then onward, upward.
It only goes up if they win some of the QATAR open tender(s) imho else it's going down because it won't be relevant as a bidder elsewhere if it can't win some of QATAR. Anyone else think so too?
Not over yet as funding rounds will be on stricter terms as liquidity tightens further, valuations will fall and it's best to get out of the way as it could be bottomed for a while before recovery so no rush to buy back. This could be the case until next Spring!!! At least a few months imho.
NAV dependent on cash is devaluing at around 10% per year in real terms.
Future funding rounds of portfolio companiues are likely to be at a lower valuation thanwould have otherwise been the case as liquidity reduces and that brings down the value of previous invested money.
GROW is heading lower still.
It's PFC.
Make decent target practice in LA & elsewhere in US.
Stealing of payloads becomes a hobby too.
The Net Debt increase is impressive at least on the back of falling revenue and inflation headwinds. It will take years to dig out of this hole. A poster child for the recent past and run-up in prices brought low as the environment changes combined with their own specific problems. Stear well clear until the dust settles.
The downturn will last longer than many expect with multiple downwaves as drying up of liquidity moves through the system and society.
Some start-ups thought to be the next big thing will have to trim heavily or disappear.
The wreckage will be shocking.