Q1 Report this week?, page-122

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AnneSid

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17/04/18

16:55

Post #: 32507619
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Originally posted by sf120 ↑

dont you just love how the institutions play you? top 4 shorted company right now, wonder who lent them the shares and why is it being shorted or no news?

2 days to the quarterly, watch it reverse now (although given the lateness of the reversal i'd say they even know the quarterly wont be coming out on the 19th as we believe )

Volume pretty substantial today, buying back the lent shares?

Overall let them play the games but be weary of betting against a company which produced 34m EBITA last quarter (i.e. a PE under 10) in an industry which is rapidly expanding (i.e. warrants a PE much higher, have you seen tech companies?), producing money against one mine with 2 to come, in a quarter which has only seen lithium price go up!

Here's the snip from ORE which got smashed for production - "Sales were 3,052 tonnes with a record realised average price up 17% on the December quarter to US$13,533 per tonne on a FOB basis and record total sales revenue of US$41.3 million."

If i didnt have 6 figures invested i'd be buying a lot more, but my average price is pretty low and ultimately i cannot control the board so i am happy watching the silliness on the sidelines... waiting for SDV (and its annoying me how long SDV is taking, seriously Anthony, say something!)

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Sf120
Is the quarterly going to be a good one?
This keeps plummeting. Everyday it starts higher and finishes much lower.
Wonder if someone knows simething we don’t know. Cheers

GXY Price at posting: $2.80 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Q1 Report this week?, page-122

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WiseTech shares plummet as ACCC raid adds to string of investor concerns

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