LNR - Lanthanein Resources

[rub92me]

anyone just catch that 250k buy order that allmost took out the 13c mark. It was immediatlely followed by a 500k plus sell order at 13c. Does anyone else feel like the price is being capped around the 13c level, would be interested to hear holders thoughts.

Dunno about capping, but I'd see that as a good sign for the medium term if larger players are involved. Next thing to watch out for is a quick gap up (if it happens) to trap the smaller players. Then we'll know. Until then it's a waiting game

 

[Sean K]

Well these dire warnings without basis or supported with fact on this thread coupled with what you suggest, maybe soemone doesn't want it to move.

Spagbol, There have been no dire warnings here that I have seen, mearly individual opinions backed up with facts where possible. There is basis to provide comment on the potential of this company not comming through with the goods. It's a low cap explorer in PNG. There are risks! I haven't seen any obvious ramping either. I personally don't understand capping too well, but the 500K sell there looks dodgy to me. Conspiracy theorists might have influenced me. Let's all keep an objective, logical head here! End rant.

 

[mick2006]

I would find it strange if you take what is a rather large chunk in a placement 500k plus at 13c only to sell it at the same price a couple of weeks later. The only reason I question this is the order is only put in when the shareprice looks like going on a bit of a run. The same thing happened when the announcement came out on monday, the order only came in when 13.5c was underthreat.

Would be interesting to see what would happen if someone took out that order, whether we would see follow up sell orders or if the stock went on a bit of a run.

Where's YT i'm sure he has a few spare $$$ to take out that order

 

[Spaghetti]

Spagbol, There have been no dire warnings here that I have seen, mearly individual opinions backed up with facts where possible. There is basis to provide comment on the potential of this company not comming through with the goods. It's a low cap explorer in PNG. There are risks! I haven't seen any obvious ramping either. I personally don't understand capping too well, but the 500K sell there looks dodgy to me. Conspiracy theorists might have influenced me. Let's all keep an objective, logical head here! End rant.

I think that people saying (not suggesting) that people have bought this stock because of this thread only is without fact or basis. End of my rant.

 

[INORE]

This all feels bitter-sweet to me. Its good that there are large buy orders coming through but at the same time it feels that a large percentage of holders are going to be pretty much on the same level playing field as far as the price they got into FNT, which to me may mean that the longer it stays in this range of 13c the quicker holders may want to get out, say if the SP rose to 16c+ as they have had there money sitting there without doing much for quite some time....and there has been some reasonably large daily volumes. Does anyone else have this good/bad gut feeling?

 

[dj_420]

all there is is a large number of stale investors wanting money back, prob people who bought and chased it up to 50 cents last year.

once these decks are cleared new interest is brought in, see some fundamental changed such as JORC upgrade then we will see movement.

if top 20 shareholders hold over 50% shares then only 50 odd million tradeable, upon new interest been generated would very quickly flush these old stale holders out.

 

[kgee]

I would find it strange if you take what is a rather large chunk in a placement 500k plus at 13c only to sell it at the same price a couple of weeks later. The only reason I question this is the order is only put in when the shareprice looks like going on a bit of a run. The same thing happened when the announcement came out on monday, the order only came in when 13.5c was underthreat.

Would be interesting to see what would happen if someone took out that order, whether we would see follow up sell orders or if the stock went on a bit of a run.

Where's YT i'm sure he has a few spare $$$ to take out that order

Its this arguement that makes me hesitant to suggest that capping is happening here
It seems such a risky business I mean if somebody did come over the top of them (go YT. ha ha)they could lose a lot of money ,well if not lose money they'd have to fork out a lot more to re-establish their position, a calculated risk maybe
But then it could be more simple with someone reducing their risk and taking some money off the table especially with the dow losing 180 points over the last 2 days
Don't get me wrong I'm not adverse to the idea of capping it would be great if this was the case as I've been able to pick up a small package at 12.5 over the last couple of days
good luck everyone

 

[mick2006]

I think the last couple of days have been quite positive there has been every reason to sell down and FNT has remained stable and is actually up today. In terms of trading in FNT I would say there would only be a tiny portion of the market that actually hold shares currently.

When it comes to the micro cap explorers the money follows the news and as yet we haven't even started receiving the news. What may happen over the coming weeks/months is money may flow FNT's way due to the amount of newsflow and if that is the case it will far outweigh the small portion of investors wanting to get out.

There is always "hot" stocks that grab investors attention and no matter what is going on in the market they always run higher. Now the money invested in these "hot" stocks always slush around according to the news. And if the newsflow is good and the market catches on their is no reason FNT can't become one of the "hot" stocks.

Recently there has been companies such as MPO that are "hot" only to see the shareprice drift as the money flows elsewhere.

Anyway these are just my thoughts!!

 

[rico01]

OK!
we,ll put it to the test the 500,000 order that is
just see what happens.just can,t seem to buy enough
Well did you see that as soon as that 500000 went through another 500000 magically appeared on the sell side

 

[INORE]

OK!
we,ll put it to the test the 500,000 order that is
just see what happens.just can,t seem to buy enough
Well did you see that as soon as that 500000 went through another 500000 magically appeared on the sell side

wow, you got some balls there rico....thanks for that $65000 experiment....is that some automated trading thing happening??? is amazing....

 

[mick2006]

so was that your order rico01?
Well now I have no idea what is going on, whether someone is just selling down a stale holding, someone selling down from the Bell Potters placement, or someone capping the price?

 

[rico01]

I could turn it into a $2500 experiment by selling back @12.5 but I think we have some short term potential with fnt Hopefully it will be long term potential

 

[mick2006]

very very strange the new large sell order at 13c is 584,577 running scenarios through that little brain of mine to try and figure why the strange non-uniform order size's.

Anyone any ideas?

Well Rico welcome to the 500k plus club and no that is not me selling down or capping the price!!

 

[rico01]

very very strange the new large sell order at 13c is 584,577 running scenarios through that little brain of mine to try and figure why the strange non-uniform order size's.

Anyone any ideas?

Well Rico welcome to the 500k plus club and no that is not me selling down or capping the price!!

I think they are trying not to make it so obvious using unusual sell numbers
so as not to alert everyone

 

[mick2006]

I guess there would only be one way to test either the resolve or how deep the pockets of the seller are, that would be for someone to take out the current large sell order at 13c. If another re-appeared then it must be one of the top 20 selling down and it wouldn't be long before there was a change in substantial holding notice.

So anyone out there got a few spare $$$ (once again where is YT when you need him)

 

[INORE]

If it was price capping, wouldnt a way to test this be to do the opposite...ie. sell the 500,000 parcel at 12.5 and see if a new buy order for 500,000 at 12.5c comes back?

mind you i dont know how anyone makes a profit with this scenario....

 

[rico01]

To
anyone that is interested FNT is putting on a presentation here at the gold coast next week at the Gold Coast REsources Showcase 0n friday 15th of june at the marriot hotelhttp://www.verticalevents.com.au there are a number of company,s presenting so if you live close , it,s also frrreeee so no money involved

 

[mick2006]

interesting to note that there is only 15 people on the most recent top 20 list that have holding big enough to sell down in the volume seen today. I'm going to give Peter McNeil an email to see if he knows about any of the substantial shareholders selling down their holdings.

 

[surfingman]

This is a speculative stock anything can happen here. Don't be surprised if share price doesn't move far for quite some time.... ( I'm not saying it won't have a gain by the end of month or early July, just don't be disappointed if it doesn't ).

There is plenty of drilling happening over the next 2 years to see what FNT is sitting on, this will be watched closely for prospective traders and investors alike...

Until a great JORC resource is confirmed be it the end of the month or a 12 months time the SP could do absolutely anything in my opinion.... I would like to see a breaking and holding above .14 in the short term but will hold this for medium term at this stage.

Just my opinion everyone is entitled to there own..

 

[YOUNG_TRADER]

Hey guys,

Sorry have had honours research thesis's due last 2 weeks, exams coming up, bout of the flu, arghhhhhhhhhhhh whens a fella sposed to make a buck? lol

The problem with FNT is that theres no big top 20, ie with YML top 20 hold 75%-80% so the market only has 25%-20% to play with,

Where as with FNT I'd say top 20 hold like 30%, Mick if you can PM me the top 20 list it would be nice, I'll check to see if I recognise any of the players,

So I'd say we're going to have to chew through another 20m shares at this level (only $2.6m whose game, Rico? before we have a proper changing of the guard,

FNT is stock that has so much upside, yet is encountering huge levels of resistance, I don't know what its going to take for it to overcome it, but it's gonna be alot, also I think Bell Potter actually placed the 25m shares with their clients, they got them at 13c but with fee opies trading at 2.8c avg so really they got the stock for 10.5c or less.

Guys do like I have, put FNT into your bottom draw and wait for the drill results at Elo, JORC + Feasibility at Kodu and other stuff happen.

Patience is a virtue that will be rewared, NPV = probably $2-$3 so I'm happy to wait!