I’m interested to hear more of your thoughts on Robo Global - you mentioned you think it will drop, what do you think would be a good price to get in at?
Remember it is an ETF. There are a lot of similar stocks out there though with the name Robo
Looks like we’ll get to find out whether our gamble was worth it sooner rather than later.
Matt
Oh! didn’t see that, thanks. Lets hope this is the start of good things.
It’s hard to say, I got in at £12.51 a share and the 52 week range is between 9.73 and 12.92 - so i’m right at the upper end. It Also looks overbought on the RSI, so I do strongly anticipate it to pull back, maybe between £10-£11 a share.
If it drops I’m buying bucket loads more as I wanted it back in December and didn’t get it and it was £9.75
Long term I anticipate it will rise significantly - so I’m not too worried.
Cheers, I’ll do a bit more research and keep an eye on it.
+1 for Disney for me. Up 19% from when I bought mine and currently made £52 profit.
I expect it to go up more slowly in May before settling down with a further increase later in the year as all their big movies bring in money, and Disney+ launches.
Rising star stock of the month Sirius Minerals just took an 11.68% drop
Even more at the moment quite low new shares placing we gonna see what will happen next. Have opportunity to buy more for lower price now xD
They are raising a lot of funds, one of the ways is by issuing $400 million new shares at a price between 15 to 18p. So less than the price it was at the close of Monday ( 21.9p ).
Ouch! That is some drop, let’s hope it’s on the rise again!
Any idea why they would price the shares lower than the current asking price? Dilution?
I’ve got a paper loss of over £300 on SXX this morning however I haven’t sold so haven’t really lost anything. For me this is a long term investment. Will update this in a few years
Worth taking a punt and buying more shares? Or leave well alone?
It will be based on their discussions with JP Morgan, who are underwriting the $400m share placing. The share issue is just a part of their overall stage 2 financing. Sirius Minerals is a investment with a lot of risks, many things need to go right.
Not a good morning for SXX
Give it a bit of time as the market needs to get used to all of the new shares appearing and the affect that this has on the trading volumes, etc.
Matt
I’m already in the red for it now - so its happening
What mde you add games workshop to your watch list?