Skelet0n wrote: » VSTM gets FDA approval.http://investor.verastem.com/phoenix.zhtml?c=250749&p=irol-newsArticle&ID=2368647
Pussyhands wrote: » good time to get in?
retalivity wrote: » Ryanair tanking this morn, down to 12.77
littlevillage wrote: » NZC:ASX is absolutely flying for the last Month or so. Gone from AUD$0.19 to 0.35 now. The SP has been rising due to the rising price of Copper, plus better political soundings in its African terriroties and (potentially) some good new Cobalt prospects. But the price of Copper seems to be plateauing now and the other good news is probbaly built into the SP at this point, I have a 30% profit locked in, I wonder is now a good time to sell NZC ?
Prezatch wrote: » littlevillage wrote: » NZC:ASX is absolutely flying for the last Month or so. Gone from AUD$0.19 to 0.35 now. The SP has been rising due to the rising price of Copper, plus better political soundings in its African terriroties and (potentially) some good new Cobalt prospects. But the price of Copper seems to be plateauing now and the other good news is probbaly built into the SP at this point, I have a 30% profit locked in, I wonder is now a good time to sell NZC ? Cobalt prices have fallen to $28 per pound and in my opinion will continue to fall. One of the big aussie cobalt players (Cleanteq) has seen it's price cut down badly during 2018 because of this. The NZC feasibility study uses a price of $37 per pound to get their NPV numbers. In a recent presentation they say the NPV will fall to just 70m if cobalt hits $20 per pound. As for copper, I don't know anything about that industry but I can't see the price rising to anything meaningful in the future given where it's sat around for the past 5 years. The share price is near all time highs right now despite no news and very low volumes - something stinks and I'd be taking profits while the sun still shines.
Saanvi Important Blank wrote: » VSTM $10.00+ today. Thanks to whoever tipped it!
Captainsatnav wrote: » Have it in the Nasdaq. Watching the clock for opening time.
b4bmm wrote: » NZC is the only viable cobalt play on the ASX right now, at these cobalt prices. Prices are close to 35 per pound right now AFAIK. Copper plays a bigger role than cobalt in their revenues. Every Car charger and EV and battery and renewables all has alot of copper. Copper will be a great long term hold from here. NZC is not without its risks but has huge potential given they are expecting to produce both of these metals. Not saying it wont go up or down from here. When looking at cobalt prices, metal bulletin prices are the guide not LME. "Metal Bulletin assessed low-grade cobalt prices at $33.50-34.25 per lb on Friday September 21, stable compared with the midweek assessment, and up from $33.35-34.10 per lb a week earlier. High-grade cobalt prices ended last week at $33.60-34.50 per lb, in-warehouse, rising from $33.50-34.40 per lb midweek and $33.45-34.35 per lb a week earlier" CLQ hasnt got a hope unless price of cobalt and/or nickel rockets. CLA is the second best cobalt play on ASX imo, dont hold.
Cute Hoor wrote: » Certainly not looking good, down 3% in pre-market.
Wombatman wrote: » Jeez, getting absolutly hammered this year. Down 2K on a 10K portfolio.
Saanvi Important Blank wrote: » VSTM order placed, see no negatives with this company. Can't place why share price is way it is today.
Saanvi Important Blank wrote: » Amyris down 8% due to plant being located in North Carolina. Maybe an opportunity to get in.
Skelet0n wrote: » Saanvi Important Blank wrote: » VSTM order placed, see no negatives with this company. Can't place why share price is way it is today. I reckon institutional investment lowering the price to load up now that it’s approved and de-risked.
Captainsatnav wrote: » But sure shouldn't demand increase the price? There's only a certain amount of shares available to buy. FFS down 13%.
Skelet0n wrote: » Trigger stop losses and scare off weak hands for cheap shares. Drug hasn’t changed, market hasn’t changed.
Skelet0n wrote: » Captainsatnav wrote: » But sure shouldn't demand increase the price? There's only a certain amount of shares available to buy. FFS down 13%. Trigger stop losses and scare off weak hands for cheap shares. Drug hasn’t changed, market hasn’t changed.
littlevillage wrote: » Thanks guys, for the feedback. -Prezatch you reckon, take a profit now, there might be some share manipulation going on... -B4bmm (who I originally took the tip from in Dec 17..thank you btw!!) reckons hang tough, Copper is a long term play. I think I am going to set the alarm for 3am and see how things are progressing .. there probably is some share manipulation going on, as I think the effective free float is something tiny like 11% (the top 20 single investors own 89% of the company). if the SP starts to turn south, then I'm out.... if it continues to rise ..its chin scratching time.
Saanvi Important Blank wrote: » VSTM, doubled up at 7.30. I'll eat my hat if we don't end up 10+ in the coming weeks. Someone wants to keep this down.
