DannyQSee
16 Jun 2015
Re: So I agree it's worth a punt. (that's why I'm in) based on the opportunity, as long as the investor is aware that this is a complete gamble.
kipngail
16 Jun 2015
So Worth a 'punt' then.Especially when all the 'expert analysis' seems to be against doing so.As always- The NEXT move / news - is more important
DannyQSee
16 Jun 2015
Re: Another 30% today What can I tell you chaps... sadly I'm quite good at analysing...0.275p today the rise last week was just a storm in a teacup
dicko80
16 Jun 2015
Another 30% today "Tomorrow is key for short term direction....the monthly candlestick chart , is now showing a new blue candlestick and if she breaks 0.34 support , likely to go much lower."0.24 -.26 range ?
mantrova
12 Jun 2015
Re: mmmm....0.35p on the ask Hi Danny. Just to say that I'm not attempting to trade MNC on a regular basis, but not to take the 0.26p to more than 0.50p rise gift, on the sure sign of a spike, would have been folly indeed.Similarly to then not avail oneself of the opportunity to replace the stock at sub 0.32p.I'd happily do the same again on any lift into the mid-0.40p's, although that may be a while coming.Currently the actual spread on MNC is simply too wide for me to trade it on a daily basis, which also isn't much my thing.m
DannyQSee
12 Jun 2015
Re: mmmm....0.35p on the ask This is all very risky at the moment if you're attempting to trade it.Everyone needs to find their own risk profile.I'm invested as I think there is something there, but we shouldn't forget the facts:- no income- no clear strategy how to generate cash flow- highly loss making- numerous fundraisings in the last few years- last fundraising a few days ago at 0.26p- they failed to find an underwriter for that fundraising and it was under-subscribed!!Don’t get me wrong, I appreciate any increase in sp as I bought at 0.24p and random things can always happen, we might be bought out by Aliens who pay us in kryptonite, but I wouldn’t get too over excited.There is talk of an upgrade in resources, which is great, but that doesn’t change any of the above facts sp right now 0.38p
mantrova
12 Jun 2015
mmmm....0.35p on the ask Maybe that 0.28p equivalent in Oz marked the bottom. I see that 0.32p and 0.332p have been paid this morning.m
mantrova
11 Jun 2015
Re: Another 30% today/down? I see they were down to 0.28p at the close, in Oz last night.m
DannyQSee
10 Jun 2015
Re: Another 30% today Well done for selling above 0.5pI think looking to get back in sub 0.3 is very realistic. Please see my earlier comments I would be surprised to see anything above 0.26 in the medium term.
mantrova
10 Jun 2015
Re: Another 30% today Thanks a lot, d...much appreciate your thoughts.Having sold at 0.53p, with most of these form the 0.26p offer, I'm keen to be back in but today the full ask is being wanted by mm's ....0.35p and I'd feel more comfortable with something slightly sub-0.30p. We'll have to see...PPC very tradeable, ahead of their AGM but the moves are not large, although worthwhile if given patience for the lower prices.Best wishesm
dicko80
09 Jun 2015
Another 30% today Hi mYe good thanks The intraday chart is showing a double bottom @ 0.34 and the weekly chart is suggesting she's levelling outTomorrow is key for short term direction....the monthly candlestick chart , is now showing a new blue candlestick and if she breaks 0.34 support , likely to go much lower.Upgraded resource estimate should be out soon though
mantrova
09 Jun 2015
Re: another 30% today Hi dicko ...trust all's well with you.I sold well on the recent spike, in anticipation of a stronger pull-back close to the recent new o.26p shares @ and the opportunity to reload. The fall seems to have slowed,but is still happening - have you any thoughts on what might be a decent re-entry price?m
dicko80
03 Jun 2015
Re: another 30% today Show me the Danny Boy
DannyQSee
03 Jun 2015
another 30% today We're at 0.445 this morning which is very impressive. What does surprise me is the high volume and let's not forget: we’ve had no news whatsoever.The question is will it continue to rise (updates on acquisition/ lawsuit/ progress) or drop back as we've seen so many times before?I've read some of the other boards and the consensus seem rather than “yeah, I made some money” we hear “let’s top up”…???I'm tempted to cash in the shares I've acquired below fundraising price, but at the same time I'm asking myself how incredibly badly the fundraising was timed if the shares double a week after??As much as I appreciate the rise, something doesn't seem quite right.
DannyQSee
02 Jun 2015
42% up today Interestingly the shares went 42% up today, but I can't find any news or developments.I have however found the latest Canaccord price target which they have lowered from 7p to now 1p. (still over 200% higher than current prices).The same broker had not so long ago a price target of 19p on the same share.I'm still invested, but it's a highly speculative one and you need a long investment horizon.[link] today: 0.36p
