Centamin Share Discussion Threads

[mj19] 25/2/2019 16:54

Could someone bid for this

[dt1010] 25/2/2019 16:49

Always a good counter indicator, Questor!

[greenelf] 25/2/2019 16:41

At least we did not finish on the day's low lol...epic..

[ukgeorge] 25/2/2019 16:35

Volume of 31 million shares knocks £300M of the market cap. Pretty much sums it up.

[ukgeorge] 25/2/2019 16:33

I guess this over reaction will have partly been driven by spread betting companies, and stop losses being hit.

Happy that I have grown up and am not leveraged.

Will be shocked if it gets to 80p tomorrow, but I thought a £1 would hold today.

[creditcrunchies] 25/2/2019 16:32

Stocks this size the dividend is quite important because that attracts pension funds, these funds are huge they see a cut it's dump the lot time. If they held the dividend the funds wouldn't have dumped because they're long term usually.

[dt1010] 25/2/2019 16:29

Opportunistic shorting punishment today

Over played.

More tomorrow?

Maybe

Down 29% today.

WOW.

Gonna wait 2 years to get to 150p are we?

[andyj] 25/2/2019 16:27

The punishment does not fit the crime. This is the market saying we do not believe you will ever make the profit you should given your assets. The prudent are watching and waiting to disagree.

[bocase] 25/2/2019 16:26

What we need is some directors buying to send a clear message to the market.

[spacedust] 25/2/2019 16:26

Gold price is up Cey is down. So what will happen if gold price goes down.

[greenelf] 25/2/2019 16:25

Ludicrous drop divorced from reality. But best to shake out on one fell swoop. Can the rebuild...

[datait] 25/2/2019 16:24

Normally 2-3 days of falls after news like this then the rise will start on a gradual basis.

[ukgeorge] 25/2/2019 16:23

This is shocking. The results weren't even that bad.

[dt1010] 25/2/2019 16:23

V bad day. V v bad day. But such prices won’t last even if they get worse short term.

Let’s keep telling ourselves that eh....

Lol

[1squintyflinty] 25/2/2019 16:21

I think that it will go down another 10p first thing in the morning but will recover a little after that.

[bocase] 25/2/2019 16:20

Aim shares are always punished hard but can recover very quickly.
One of my largest holdings is IQE. In mid Jan they fell to 56p mainly due to shorting and are now 83p - up 48% in six weeks.

CEY is debt free, has massive asset backing, mining higher grade ore and, most importantly has a gold price that is very likely to go to levels not seen since about 2011 and possibly even higher.

The shorts will have their day but remember, they have to buy to close. A short squeeze is inevitable at some stage.

[bor491] 25/2/2019 16:19

my prediction is 90p then depending on what happens to the gold price - but could go down to 80p! I'm not saying it will reach 80p/90p today but over the next weeks - however the way its falling it might reach these levels quicker than one would think!!

[joshuam] 25/2/2019 16:18

Don't miss the rise tomorrow

[sh0wmethemoney] 25/2/2019 16:17

In for a small punt at 95

[datait] 25/2/2019 16:16

How low can you go how low can you go all the way to the floor ???????

[spacedust] 25/2/2019 16:05

Wait till tomorrow. This is no.linger about fundamentals. The city gangsters will destroy this. 2hy? Because they can