justaname
03 Jul 2015
OscarCool: Many thanks for the advise. Have other long term share investments and really bought into this on a whim...just turned out to be good advice! Might stay put and see what next week has to offer...already had the heart palpitations from the planning meeting so can't see that financing is going to make me lose much sleep. Hoping it goes +++++
OscarCool
03 Jul 2015
Hi Justaname - This is the eternal question. Are you in this for short term gains - in which case you can sell as soon as you like. If you are more interested in building up a portfolio then you may want to stick. There is an RNS due on monday that may give more upward pressure on the share price because this is about how SXX will fund the the build of the mine - if, however, shareholders see a dilution (raising money by issuing more shares) then this may cause a drop. No-one outside the company knows the answer to this. In the end, it is your decision. what are you after? if you are happy with 50% + profit then pull your money now, if you think there is more to come then stay put.
justaname
03 Jul 2015
New to trading...but bought in on some pals advice back at 14.5p. Happy with the inital jump to 29p and thought it would push on to 40 but sat around 22.5p all week. Do I stay in or take my small profit and run?
marquis
03 Jul 2015
Beware of those making exaggerated statements designed to get the uninformed to buy-in to push the share price up so they can sell and buy back later at a cheaper price because fund raising for this project may include issue of news shares at a discount. Long term holders are safe.
marquis
02 Jul 2015
What is going on here? Buy volume for the day is 19,836,136, and the sell volume is 9,395,919 but yet the share price when down. Is the AIM system dyslexic? For long term share holders its certainly not a problem but for those looking to cash-in on an increase in the short-term might be disappointed.
wbaker
02 Jul 2015
What bounce are you on about
josmith70
02 Jul 2015
LSE.OBT Obtala Resources,potential participation of the timber opportunity in Brazil By riddler.
Innovation
01 Jul 2015
Retrace back to 15
Innovation
01 Jul 2015
close at 21.5 L2
supeman1
01 Jul 2015
considering it was higher prior to approval - lots of small punters taking profits - must be further upside.
Innovation
01 Jul 2015
Bid now 23.75 L2
marquis
01 Jul 2015
Thus far: total share trade buy value: 40,714,554.00; total share trade sell value: 43,040,966.00.
marquis
01 Jul 2015
My prediction of 30p – 40p for the day appears unlikely. No doubt subdued by SXX imminently having to raise finance which may adversely affect the SP. Perusing potential partners or takeover options may lead to an increase in SP whereas a new issue of huge quantity of shares will certainly cause the SP to decrease. Either way, there will be opportunities to buy at very attractive prices.
