Jubilee Metals Share Discussion Threads

[adejuk] 11/11/2019 16:33

one expected rns and this will surge

[mark of the rushes] 11/11/2019 16:29

MMs may run it down further yet to shake out traders and nervous longs.

[goingforarun] 11/11/2019 16:24

How bizarre!

[clarky111] 11/11/2019 15:23

Spred very tight. Looks like Mms want to collect shares. I'm expecting a strong finish

[adejuk] 11/11/2019 15:15

they seem to want stock

[freedom97] 11/11/2019 15:06

Interesting that the 1m sell was not delayed, as normally that size trade would be delayed by 2 hours or more. I checked LSE and same went thru @14:32:14 there. Could it be that a MM has a larger buy order to fill as why not delay showing as they normally do.

[the skipper] 11/11/2019 14:46

I just bought 50k at first attempt with ii. Not enough cash in my account to test 100k at the moment. Am convinced it will bounce back later when earlier trades are reported.

[alpal2] 11/11/2019 14:17

Could sell 100k @ 4.45; but I didn't

[plat hunter] 11/11/2019 13:21

1% spread, MM's are in a race to the bottom.

5p by close

[plat hunter] 11/11/2019 13:10

maybe not.. 4.5 is proving to be strong support

[deme1] 11/11/2019 12:24

could go red today! what is going on

[rescuer] 11/11/2019 12:06

adejuk - the last time i looked at holdings, about 80% of shares are II's held, (ok some are in nominee accounts (PI's)), but generally not many shares in free float.

hope that helps

r

[scrappycat] 11/11/2019 11:46

The Monday meetings will be taking place in countless investment companies, and I suspect the activity will pick up this pm.

[the skipper] 11/11/2019 11:35

Despite the apparent profit taking there are still four market makers on the bid @ 4.6 and only one on the ask @ 4.75. It therefore seems highly likely to me that they are concealing some big buys for later release.

[adejuk] 11/11/2019 10:55

2 billion ?

[scrappycat] 11/11/2019 10:51

Consolidation is highly unlikely imho. The declared aim of the company is to be a mid=cap, and they have barely enough shares in issue at the moment to support that.

[adejuk] 11/11/2019 10:35

i don't expect a buyback but a consolidation is likely

[deme1] 11/11/2019 10:31

I think i have just found losta

[plat hunter] 11/11/2019 10:23

Not one for trading anymore this one for me. I'm happy with my lot now and the only reason I'll sell now is if I think they're spending too much too quickly for the purpose of growth.

I want to see revenue, with spending that reconciles with growth forecasts but also contributing to a cash buffer.

Cash is king.

[the skipper] 11/11/2019 10:20

Nothing goes up in s straight line. There will be an element of profit taking all the way up.

6.5 to 7p is the significant barrier to overcome imo. Not selling any of mine until it gets there, where some sideways movement can be expected prior to the next leg up.

[plat hunter] 11/11/2019 10:15

Aye GSG.. A few attempts at this morning already.

[scrappycat] 11/11/2019 10:09

Results out soon, will surely reveal a maiden profit, and this, plus the associated CEO statement, should light the blue touch-paper. There seems very little danger that it will prove to be a damp squib.

[gsg] 11/11/2019 10:03

Resistance at 4.7p seems a real barrier. Think we'll need the news to get through it.

[juju44] 11/11/2019 09:40

Added some more . Plenty of news to keep things boiling here