Just bought into this stock, anybody else a shareholder?

you are welcome hjs

Marni
I had calculated my NBV's and Cash/share as follows:

2008 nav=69 cents apprx 43.4p cash=21.6cents 13.6p
Interim 2009 60 cents approx 47.5p cash 10.3p

I can accept that the NAV has shot up after the RNS but I find it very difficult to believe it would now be 114p. I only hope the analyst has not mixed up the cents from pence. IMHO, SKR is a buy just based on this.

I wonder how far it's going to fall......

i know i should check, but i also wonder just how much of this NAV etc is based on the supposition that a number of things materialise as hoped .... it should not be forgotten that SKR's ore is low grade etc etc

I think MM are waiting to fill a big Buy Order.This is my reasoning behind this:

The buy to sell ratio is 0.39 (sells exceed buys) MM tried to push the price down this morning for panic sellers but since this has not happened, they have marked it up now in the hope that some sellers may appear to fulfill the buy order. MM's are controlling the SP by widening or narrowing the margin spread.

We will see at close what happens to the volume.

ooooooooohhhhh no I got a right bollocking for suggesting MM's manipulate the sp........... be careful what you say HJS.......... RF is watching

Who is RF?

A very good question?

lol.....

Balerboy

RF?

RF = required field, a nice guy

A nice move upwards today,but quite a large bid/offer spread.

CP 43.5/44.5p with pi's paying top wack,almost all time high,thats according to the trades section above.
cyril

i told before that last week when at 45p that 500,000 buys going through......someone or many want these at even these low prices......this has much further to go

certainly well up today in a slow market

mm's tried bringing down price to force sellers but apart from the few weak people this never happened forcing mm's to bring sp swiftly up again as someone (or many others) keep buying.........i noted 1 million shares bought in 3 trades last friday alone and that was at 45p or thereabouts

so if these guys are buying at that price i'm pretty condident sp will be much higher by xmas.......this is medium hold at least.......buy lots and wait for the fortune

marni

See my post 209...
but see what Balerboy has to say on his posting 210. RF?

44.25p now,seems 45p has been its resistence,i think a breakout unlikely without news?
SKR did me proud in Sept's stockchallenge,alas finished 2nd almost a hatrick of wins.
cyril

hjs

i agree with ur comments.

i think sp went up lots though as lawrence stopped selling and with news coming up this caused sp to rocket......it might have went up lots but thats mm's own fault for suppressing sp for 5 months......if sp ticked up for months i'm sure a lot of the idiot traders who aint a clue about company or know where it is wouldnt be on this

As I mentioned in an earlier post, there is an agricultural conference taking place at the mo in Moscow.If there is news,it should be out soon.