Market's view on Sylvania Platinum
Published on April 2024
- Discussions involve a perceived long-term downtrend in share prices, with concerns about minor fluctuations being mistakenly viewed as recoveries.
- A significant recovery in share price is noted, with a 40% increase over the past two months.
- Speculations about market makers being short on stock alongside unmatched trades.
- There is talk of potential takeover actions within the mining sector; however, specifics are not clear.
- Some stock watchers speculate on the company’s potential to initiate takeovers rather than being acquired.
- Positive movement in the share price attributed by some to speculators anticipating a takeover.
- Concerns are raised about BHP’s disinterest in certain platinum operations in South Africa and the potential implications for local governance.
- Rhodium prices are reported to be increasing, suggesting a positive outlook for holders.
- Observations note platinum group metals are generally slow to react but hold potential for future gains.
- Positive sentiments are expressed regarding dividend reinvestments and the rise in share prices for long-term holders.