Iofina Share Discussion Threads

[awolagain] 26/6/2013 14:34

Hi everyone


before I make my comment, I am a long term holder of both SB and shares, have not sold and bought some more

last week.


However, my limited chart knowledge tells me we are in a downward trend. Due to selling pressure of someone dumping

everyday the companies failure to stick it's head in the path of the radar, really do they think this is the best kept secret in town...I think not and they are foolish to think so.

The trend down will continue as we have not made a new high and are making new lows as each day passes...144...136...110...62

are the support levels...please pay attention, this has caught me out as much as it has you.

Our life line is the company and what news they can bring to the table to provide new buyers and the sooner the better.

[roboben] 26/6/2013 14:33

Err - As I read it he's saying the opposite SG!

[uppompeii] 26/6/2013 14:31

square1...could that be because they are "under the radar" ?

[square1] 26/6/2013 14:29

Saw the TW thing earlier and what stands out to me is the fact that people fail to see the change in the Company. Essentially Iofina was the chemical division as they essentially had no real production, were buying in iodine at processing to add value and selling. That is a low margin business due to raw material cost. Now the Company produces iodine very cheaply the change in profitability is massive. The old iof has very little comparison to the current version.

[skylite] 26/6/2013 14:29

I think the weeks action has sent us down that road already RK. My advice to believers, buy the physical shares and hold long.

[ramu kumar] 26/6/2013 14:25

TW's article will bring in more traders/speculators - not good!

[joeblogg2] 26/6/2013 14:13

There is a possibility now any predator may be influencing the price before coming forward??

[ansana] 26/6/2013 13:58

Rogerbridge I can confirm that I hold my shares and I have added.

[beercapafn] 26/6/2013 13:51

Market not operating in an orderly manner. Much stronger brokers required, we need to get off the AIM market, in mho.

[rogerbridge] 26/6/2013 13:47

I am sure that most long termers still hold shares. Those with spread bets may have lost some.

[uppompeii] 26/6/2013 13:46

With all this manipulation then there should be some holdings announcements.

[nellyb] 26/6/2013 13:43

i think you are right diggulden. it will also be interesting to see the probably drop in shares held by the shareholders on this fred. are you still in scrutable?

[diggulden] 26/6/2013 13:34

Looks like it Retiree.... looks like more manipulation this morning to me. Stick a huge sell order in and scare a few to move the price down.

I have doubted some 'manipulation' calls in the past, but what we have witnessed this week has forced me to take note!

[awolagain] 26/6/2013 13:34

Sorry 2700 not 2100...and when the price falls a little they buy a few 100s to keep it going in the right direction...very smart.

[awolagain] 26/6/2013 13:31

Someone dumping in an orderly fashion 100 per trade and 2100....any thoughts?
I feel we are been played!

[hurricane.] 26/6/2013 13:22

Anyone waiting on the sidelines, do not wait too long.

[aja5] 26/6/2013 13:20

clouds have broken

[bogg1e] 26/6/2013 13:16

Che7, if they got an offer before operatins began, then a suitor would have to pay at a premium now. Thanks the info re: convertibles.

[che7win] 26/6/2013 13:14

Boggle, I don't think they have had any offer in the last 18 months, only before they had any plants operational.

They did raise money at 205p convertible, that speaks volumes as I expect those shares will make a lot of money if converted.

[bogg1e] 26/6/2013 13:10

che7, if IOF turned down an offer at £2 per share, then sub £2 has got be a bargain :-)

[captain_kurt] 26/6/2013 13:05

All eyes on IO2...it should be at full brine capacity any day now :@)