Iofina Share Discussion Threads

[spideyyy] 04/4/2014 11:21

hi Mr Big
In your opinion what value will The Market put on the water permit if it goes ahead? thanks for your help.

[mister big] 04/4/2014 11:21

sorry 85% the water premit will be granted - I have no knowledge , just based on the reported information - most permits are granted. however, doubtless there will be cost and issues to get this running but its a positive step.

[bogg1e] 04/4/2014 11:18

85% price markup.

[chumbo] 04/4/2014 11:17

Mr Big:

85% chance we'll get it, or we'll get 85% of the allocation?!

[mister big] 04/4/2014 11:00

the technical analysis make me smile! ( i will say no more) - if Mr Market lowers the price i will be all over it again - i think the bad news is out , and the next few announcements will confirm the story intact but work required to take it forward ( roll up sleeves mode).
85% on the water permit which is an added bonus and not in any calculation

[superg1] 04/4/2014 10:29

Boggle

Not sure traders would be about as with Zac talking 40p (funny how he appears every time the bears do with his doom) bears putting out 'bail out' coming. TW bleating about EK arriving, PI's squabbling, attacks on GKP and Blinx.

Traders would not had the courage to take the plunge at 50p. It seems Mister B and a few PIs topping up is all that went on. The GDG 'event' no doubt knocked the stuffing out of a few bears too, but they don't fall out publicly on BBs, like bulls do.

The big push to undermine GDG was reiterated immediately before the news, that saw it rocket so shorts would have been in place. May have been some forced closes here re them due to GDG.

[bogg1e] 04/4/2014 10:14

SG hadnt considered that.A 30% rise in three days is a lot though. I imagine a few traders will be tempted to close off. Its 4 and 5 news im eager for!

[superg1] 04/4/2014 10:11

Bogg

It is the last day for the tax year, so lets see how it goes near the close. Any tax related selling should be near done, but when decent chunks have been available on the bid pre today they have been snapped up.

I heard supply looks almost done, or done, but it is hard to tell with 'black holes'.

The recent churn suggests suspected supplies have gone. Helped considerably by Mr B.

[bogg1e] 04/4/2014 10:02

superg cheers.

[bogg1e] 04/4/2014 10:01

writz, i was just taking the high from November 2013 and drawing an approximate line down through the peaks. Its rough i know and i don't expect it to offer much resistance. I also expect good news on IO4 and 5 soon so i expect an new uptrend to become established, then with shorters closing we could see a decent rise. The only other factor are the production updates and 2013 accounts which we know will be bad and they aren't far off. The question there is, how much has already been included in the share price? Additionally, with 2014 eps figures ranging from 5-6p and 14p, thats a large range for judging whether x p/e is good value or not.

[superg1] 04/4/2014 09:59

Boggle

Just my view, when there is a good supply and buyers the volumes are high, as we have seen recently.

Generally when a supply is running dry from a big supply the supplier ups the price for the last few they have.

In heavy supply times we have has low numbers on any particular price, the old iceberg guessing game.

Today on level 2 it is far less subtle with biggish numbers available both ways, which is rare on IOF.

It's a bit like showing their hand.

Two ways of looking at it, buyers knew of the big supply so are saying 'you want to sell them here we are' Equally that could be said re the sellers.

However logic suggests after a strong tick up that it is due a tick back, so buyers won't chase the seller. If the seller had loads left they'd been snapping up those figures available on the bid as they will think a tick back is due too.

Just my logic, others may have a differing view.

Looks like a bit of a waiting game to see if the bidder can pick off some trades re the 50p rise.

I knew when I saw Zac say 'it's going to 40p on the charts' (when at 50p).

He has been once right in 5 goes. Well 6 now.

But the key words (which show he has no clue re IOF) is that he said 'without news it will go to 40p'. MM3 would disagree, news would have guaranteed it :-)

But then the chart didn't see the Brightside coming.

[ansana] 04/4/2014 09:54

A picture tells a 1000 words, dusty sent me a selfie, he is smiling. Anyone buying today, I might tuck a few away, that's a few more.

[writz] 04/4/2014 09:50

Bogg1e, can you post a chart? My reading is (on log view) that yesterday we decisively broke back above the descending baseline established in July last year. Since then we had bounced off that baseline twice before falling through it a couple of weeks back. So it hasn't proved to be resistance based on the last 48 hours.

[bogg1e] 04/4/2014 09:40

sportbilly, yesterday and this morning we touched the upper trend line, combined with two days of buying which drove the share price 30% up and slowing buying this morning, means momentum is slowing down. No worries, within a few weeks there is likely to be updates; a new chairman and updates on 4 and 5, which will probably add another 10%+ to the sp, with or without shorters closing.

[superg1] 04/4/2014 09:16

I note the Blinx comment

Well Ben Edelman is about to be stuck on a pedestal and talk about the subject publicly, if is to be damning and direct, best he choose his words carefully, and make sure there is some substantial evidence to support it, as you can be sure the Blinx team will probably have someone recording every word.

It's fine having some big backers behind you, but if it goes wrong, it would quickly become, 'Ben who' from those backers. A useful pawn I suspect, just in case.

We have all seen it many times before.

[sportbilly1976] 04/4/2014 09:14

well that's the gap at the open closed...

[alphacharlie] 04/4/2014 09:08

You think he's netters in disguise Sg?

[superg1] 04/4/2014 09:03

It's very much more basic to me re him, he made a comment about a lady, not thinking too much of it, and yes some would have taken it well.

However on then finding out his comment had upset the lady, he gloated about it publicly, to drive the distress home for the individual involved.

That's the character is and to him it's fine, to 99% of the rest of the planet it's unacceptable (polite version).

People with that type of personality love the attention, and love being hated.

[monet] 04/4/2014 08:28

OMG just seen some review TW on Google.
hxxp://alturl.com/n6b64

[verulamium] 04/4/2014 08:16

Unless Blinkx is one of the few he's got right - looks like it to me.

[knackers] 04/4/2014 08:12

...what he's been up to at Blinkx could be about to land him in very hot water.

[alphacharlie] 04/4/2014 08:10

Those nice guys at Ennismore, have not (as of last night) declared any closing of their position. They must still be hopeful of the water permit plus the eoy results and, of course, some general update being detrimental

[karmastuartra] 04/4/2014 08:05

TW is a total numpty and loser to boot.