100% correct, well written and true.NASDAQ big guys are shorting...

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Teringie

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28/06/22

13:26

Post #: 62248786
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Originally posted by TinHatTrader: ↑

Disagree. This would be an appalling time to attempt a capital raise with the share price in the gutter at an 8 month low. That's just misguided speculation.

The facts are, that with our inclusion in the Russell indexes, we have become a 'plaything' for the instos. Remember we are at a vulnerable time in the development cycle, as we await completion of the SSBF. The Form 10Q (page 24) enumerates the risks (which haven't changed) and cash was not a problem as per the same document on Page 23.

I have been assured that the lease has been rolled over from 01 July 22, so that is not at issue.

However, we have been targeted for short selling on the NASDAQ, which has been relentless this past 3 weeks. THAT is the main issue right now, so we just have to buckle up and ride through it as investors and hope that the barrage of short sellers are forced to cover over the coming days/weeks.

I too have been disappointed there has not been more newsflow, but at this particular juncture with the exploratory work largely completed and SSBF construction underway, there hasn't been much to report. The Corning letter of intent is actually a big deal that seemingly went unnoticed in the appalling market conditions. However, I still firmly believe this stock will shine later in the year after the SSBF is commissioned and we enter small scale production.

Until then, we have to hang tight and have the courage of our convictions when we first bought the stock. If you still believe in the investment thesis (as I do), then this is a golden opportunity to add to your holdings at an almighty discount.

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100% correct, well written and true.
NASDAQ big guys are shorting it. Hold strong nothing has changed.

Inflation in Turkey for Boric Acid miners is 100%
This will help 5EA

5EA Price at posting: $1.96 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 8.6¢		Change 0.010(13.2%)		Mkt cap ! $28.64M

Open	High	Low	Value	Volume
7.5¢	8.6¢	7.5¢	$22.76K	289.3K

Buyers (Bids)

No.	Vol.	Price($)
1	12245	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	34895	1

View Market Depth

No.	Vol.	Price($)
1	12500	0.078
1	57500	0.077
2	120000	0.076
1	111413	0.075
3	53290	0.072

Price($)	Vol.	No.
0.092	34895	1
0.100	4040	1
0.105	7000	1
0.115	6000	1
0.120	39000	2

Last trade - 16.10pm 01/11/2024 (20 minute delay)

5EA (ASX) Chart

100% correct, well written and true.NASDAQ big guys are shorting...

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100% correct, well written and true.NASDAQ big guys are shorting...

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

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