Iofina Share Discussion Threads

[cyberbub] 15/1/2015 15:57

People looking for a tip might do worse than check out VAST. Much riskier than IOF for sure... but potentially very undervalued on a 6-12 month timescale.. I have picked up a few today... no advice intended...

[neddo] 15/1/2015 15:25

not more waiting, waiting.

[jbe81] 15/1/2015 14:46

Looking good for a return to 50p, unless we get a rns re water Monday morning......

[callmebwana] 15/1/2015 13:30

Anyone looking for short term action please check out AMC.
DYOR.

[bobbyshilling] 15/1/2015 13:08

19th is fine by me too.......but we could just as easily get a rns saying situation resolved, any day.

[callmebwana] 15/1/2015 13:01

I jumed into this, this morning.
It will be a good recovery stcok for 2015 in my humble openion.

[superg1] 15/1/2015 12:57

If it's sorted for the 19th then that's fine with me. My fear was either those involved not being available, or the guy doing all he could to make an excuse to the get the hearing into the next 90 day period limit, IE before the end of May.

I think Heart's 'advice' was that the 3 objections would take all year.

[naphar] 15/1/2015 12:55

Reasons to smile yesterday and today :-) , maybe tide is at last turning to favour IOF as a company and bullish shareholders

[neddo] 15/1/2015 12:39

probably heartwell?

[sandbag] 15/1/2015 12:36

patrich2

"I heard the case is still contested, and the hearing date will be 19th feb"

You heard from whom?

[che7win] 15/1/2015 12:36

My biggest worry is if the avatar heartwell ever says IOF is a buy.
His track record is 100% wrong so far (bit like Zak Mir on IOF then...)

"Heartwell - 12 Jan 2015 - 11:34:31 - 28594 of 28796
Delayed iodine production update. Delayed water update on objections. I suspect I know why.
Judging by Iodine's past performance, it's pointing to a really bad start to 2015 for shareholders

Selling has started. It's no wonder people are heading for the exit. Sub 20p coming"

[patrich2] 15/1/2015 12:31

I heard the case is still contested, and the hearing date will be 19th feb

[cyberbub] 15/1/2015 12:27

I can sell 50k in one go at full bid price...

[superg1] 15/1/2015 12:20

If I was a chart and trend follower then I'd be thinking it went just fine.

[odvod] 15/1/2015 12:13

574 shares traded

[neddo] 15/1/2015 12:12

any news from y/day, wonder how nutters short is going on ha ha

[calmar1992] 15/1/2015 12:00

Highest volume since 16th October. Institutions buying in? News from yesterday's meeting? Who knows? (Not a rhetorical question, would love to know!)

[ridicule] 15/1/2015 11:41

WRITZ I think our thinking is pretty well aligned. That is why I jumped in for another 50k this am @ 36p as a core investment.

I cannot see the IOF share price anywhere near these low levels 1 year from now. As a value investor I alway take a 3 year horizon for my core investments and play T20 longs in my trading account. If my T20's go wrong I buy the shares rather than take a loss like a margin caller would be forced to because I never trade uncovered T20s. I also never short as I believe the practice to fundamentally wrong and can hurt PIs who do not have the resources or the nerve to sustain a short attack on what in many cases is a sound share investment being manipulated.

On my income side, for example, I am buying Clarke T in some quantity because it hit a bump with a contract dispute a few months ago and made a divi cut to pay the penalty charges and the share price got hammered. Like IOF, however, the underlying performance of the company looks good with only 40m shares in issue. I am not recommending this or going off topic, just drawing parallels with IOF.

[odvod] 15/1/2015 11:30

100k for me

[spike_1] 15/1/2015 11:27

OT: Tic Tok has updated

[brucie5] 15/1/2015 11:09

Just paid 40 for some more. And that's it. As you say, Cyber, onwards and upwards hopefully.

Edit. That's it... until it shows me it can decisively break the 40-50 level.

[cyberbub] 15/1/2015 11:07

Goody I'm back to breakeven... onwards and upwards hopefully!...

[alphacharlie] 15/1/2015 10:58

First time we've been in auction on the way up for over a year (well a long time) if my memory serves me right.

[cyberbub] 15/1/2015 10:54

I think 60p is a more likely resistance than 50p looking at the chart, although we might need some more news (e.g. water permit awarded) to get there IMO.