Bargains just before the close on 30 June?

[peter2]

Do we still need rare earths? This once shining sector has been in the dumps for months. I can't get a rise out of any of the ones I'm watching. ARR, ARU, HAS.

 

[sptrawler]

I'm looking at de risking somewhat tomorrow, sell some good time shares and move some more into conservative, I think there is more downside than upside in the next 12 months.
Only my guess and I'm usually wrong.

 

[Dona Ferentes]

I'm looking at de risking somewhat tomorrow, sell some good time shares and move some more into conservative, I think there is more downside than upside in the next 12 months..

Others that are probably sold off and could be in for a lift are the 'sensible' LICs, such as AFI, ARG and MIR.

While these generally stay close to the indexes, the premium to NTA has been removed in each case..

Dividends are predictable, and a lift in SP often observed leading up to going ex-

 

[Craton]

Do we still need rare earths? This once shining sector has been in the dumps for months. I can't get a rise out of any of the ones I'm watching. ARR, ARU, HAS.

Rare Earths Statistics including other products as per the USGS National Minerals Information Center.

From Aug 2022 and the Guardian
Reads in part.

To get to net zero, Europe will require up to 26 times the amount of rare earth metals in 2050 compared with today. Demand is also increasing because of digitalisation. The EU, like the UK, is dependent on imports, while the geopolitics of supply chains are increasingly unstable. China is the world’s largest producer of rare earths. Russia is the fourth-largest supplier. The west views this as a significant potential threat to its security of supply. Given Russia’s attempts to weaponise its gas supplies, this is not an unreasonable belief.

Unfortunately though, from discovery to mine is way too slow for the nano-second trading bots of the stock markets. ?

 

[Knobby22]

My two are SSG (shaver shop) and BFG.

 

[Dona Ferentes]

My two that might be turning the corner are EOL and CXL.

And they did .... to varying degrees


- usually volume is low and buy/sell spread can be wide, but the large trade that went through close to EoFY marked a turning point.
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Not so much of a recovery with Calix; am hoping the PLS tie in has some legs.

 

[Dona Ferentes]

CVN and AR9 seem to have some buying support towards EOFY.

ArchTIS has had a bit of a lift, though it's hesitant. Stale holders looking for exits?

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A bit less confidence with CVN, even though PoO is strong.

 

[Dona Ferentes]

Others that are probably sold off and could be in for a lift are the 'sensible' LICs, such as AFI, ARG and MIR.
While these generally stay close to the indexes, the premium to NTA has been removed in each case..

The XAO has been slightly higher in july so we'd expect the trending to be similar.
MIR was first to announce, mid July, 11c dividend in total. Went ex- today and dropped 12c, but chart only runs to Thursday.

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AFI came out with a 14c dividend this week, as expected. There has been a slight lift and volume has picked up.

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ARG is two weeks out from publishing it's results. Again, there's been a slight lift but still trading below NTA.

Dividends are predictable, and a lift in SP often observed leading up to going ex-

And MIR may have been rewarded for its special divi of 4.5c on top of 6.5c.