General Discussions, page-27981

Wow there is a lot of doom and gloom in here from certain posters. I can understand the frustration with the current state of the share price but the reasoning from them doesn’t stack up.

The commodities space is struggling due to the current global economic environment but that will have to change at some point. Everything in life is cyclical! If you have the ability to invest your capital long term then the current situation presents an enormous opportunity DCA if you can Imo.

Those who need the money and cash in the bank right now will clearly be on edge. However this is the part of the market the institutions prey on. They know there are retail struggling in this cost of living crisis, where rising mortgage rates and rising rents, rising food costs etc are diminishing people’s disposable income. They know that the longer they cap the price and make people more frustrated and fearful, that more retail will be forced to sell. I have seen a few posts recently of people who were unable to wait and sold at a loss. As sad as that is, it’s what the big end of town want.

Once the institutions realise they have their fix, it will be very quickly let off the leash to rise and they will take profits off the table on the uptrend but as confidence returns, so will the share price appreciation. Wasn't one of the cr @ 0.27c from institutional investors iam sure they want a return on their investment ?The time is getting closer and when DC has signed offtake agreements, China has stopped playing games, then we will see a reversal and a quick one at that imo.