Iofina Share Discussion Threads

[beercapafn] 11/7/2013 16:24

dig.. I think there is more to it than that.. A 5 % movein a company MC 250 million, with no news.. That is not simple demand..

[ramsey11] 11/7/2013 16:12

No side on hotspot...shocking

[warmsun] 11/7/2013 15:57

If...and I say IF, we get a few buys the Offer will very quickly move up to 200 again...very little between where we are and 200 (apart from a 20k at 197!).

Am mortified at the cricket!!!

[diggulden] 11/7/2013 15:42

Just bog standard supply and demand, nothing more, nothing less.

[beercapafn] 11/7/2013 15:37

I dont understand this sort of share price moves in a day without news. ?
Does anyone have a MM strategy that fits the moves today. !
bum, bum..

[diggulden] 11/7/2013 15:31

Looks like that 200p triggered a few sell orders. Hardly surprising given the straight line rise from 150p. Some nice profit for any short term traders.

[jonnyno1] 11/7/2013 14:37

Well done engelo, good work!!J.

[engelo] 11/7/2013 14:21

spoke too soon...

[engelo] 11/7/2013 14:18

che7win: 200 was your target for a reasonable post-Lance retirement share price I seem to remember. Market has evidently taken note. New target needed now :-)

[engelo] 11/7/2013 14:15

chumbo exactly: data has to be official to convince the brokers and instis (and imo predators). Don't forget they have to operate in a murky world without any help from SG :-)

[warmsun] 11/7/2013 14:07

There we go....200 all taken out...!!!!

[chumbo] 11/7/2013 13:53

Cheers Engelo. So it will be down to an RNS rather than the competition being displaced by extra capacity, eg: US users buying American

[engelo] 11/7/2013 13:45

sg: "No news or updates and it just keeps climbing."

Agree this is very weird. Nothing goes up in a straight line: except IOF over the last week or so :-)

If ansana's I01,2,3,4 info comes through wonder what will happen.

[engelo] 11/7/2013 13:33

chumbo (5011): trigger will be production figures for I02/I03 which can then be extrapolated to I04,5....you name it.

[meadow2] 11/7/2013 13:26

Superg - I have to concede that you've always been ahead of the game and I will watch developments with great interest.

[rogerbridge] 11/7/2013 13:20

Nice to have a sensible thread again, almost like a few months back. After the pullback I thought that with a bit of luck we would be around £1-60-£1.70 before news on IO2 and IO3. It is looking as though we will be through £2.00 before the next rns.
I believe we are ready to fly, hope the rns wording has improved by then, but I am more interested in the figures. Good times ahead.

[superg1] 11/7/2013 12:57

Meadow

I've been reading up on one of the players I think will go after IOF, they are not the patient type, and move before others think about it.

Still hunting for clue's, and I half wonder if a suitor is buying. I've watched IOF long enough to know even with the big retrace that this move since then is unusual.

I was expecting a bit of bouncing around between 150 and 170, with 180 being a resistance point. It doesn't seem to matter right now with any supply about it just keeps marching on. We must have aggressive insti's.

No news or updates and it just keeps climbing.

I note nano is doing just the same.

A lot of money has left mining and gold, and I do wonder whether they are after some niche sectors.

Perhaps the analysts covering the public Chile iodine companies have spotted IOF. SQM did mention that there were new entrants to the market, so no doubt they had a look to see who they meant.

[neddo] 11/7/2013 12:48

scoot, agggggggghhhhhhhhhhhhhhhh

[che7win] 11/7/2013 12:29

nevmyers,
LGD was put into liquidation and the profitable part sold in an MBO - I can relate to you.

I've equally made fantastic profits in the past only to lose them all e.g. IZO, Scoot.com, MDX.

One thing I need to learn is to have spare cash. Because I had none, I could only take limited purchases of IOF in the crash. I sold good stocks such as SGP and BRT to fund them but only made a 9000 net increase in my holding :-(

I have refined my investment technique, but I am definitely a buy and hold person and only a purchaser of stocks I would be happy to hold in the long term.

All IOF has to do is roll out the plants to see a big appreciation in it's share price.
I think £5 will be achieved next year some time in the share price, double that the year after.

Right now, I would say this is an opportune time to takeover IOF and makes us vulnerable. We need a stronger share price as that will be the best barrier to a cheap takeover IMHO.

[sandbag] 11/7/2013 12:20

nev,

It's usually the case. People tend to say "I'll sell at £2, or I'll sell at £1.50, or £3 or whatever" but it is usually a round number and it takes a little shove to break through these psychological barriers

[nevmyers] 11/7/2013 12:16

Thanks for that dig, few on the sell to get rid of around the 2 pound mark