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Sirius Minerals Share Chat (SXX)



Share Price: 26.75Bid: 26.75Ask: 27.00Change: 0.00 (0.00%)No Movement on Sirius Minerals
Spread: 0.25Spread as %: 0.93%Open: 27.25High: 27.25Low: 26.00Yesterday’s Close: 26.75


Share Discussion for Sirius Minerals


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niloc1
Posts: 92
Off Topic
Opinion:No Opinion
Price:26.75
Thx
Fri 23:56
Thank you sir. Tried to look at those exact 2 things earlier but lse RNS section kept bringing me to some error pages.
 
niloc1
Posts: 92
Off Topic
Opinion:No Opinion
Price:26.75
Dumb
Fri 22:39
Sorry if these are dumb questions but I don't fully grasp how a placing would work (and reading a few google results hasn't helped)

If the sp is let's say 60p, sxx says to those lined up "you can buy X amount of shares at a discounted price at let's say 40p." (To raise the 400 million)

What does the share price open at after the placing is complete?(roughly). is it higher than the 40p? If so do the investors sell straight away making a profit? Is it a no lose situation for those that take up the placing?
Superleggera
Posts: 719
Off Topic
Opinion:No Opinion
Price:26.75
RE: block listing
Fri 22:32
Scotty
Thanks, that answers my question. I just reread the RNS. Apologies to all as I've misinterpreted it.

Cheeeerzzz
SL (keeping you honest lol)
Scotman
Posts: 9,165
Off Topic
Opinion:No Opinion
Price:26.75
RE: block listing
Fri 22:06
What do you mean SL? They were exercised last week and announced via RNS. They were admitted to trade on 25th July. They are now 100% issued shares and tradable as such.
There is no further announcement due on these!
kspine
Posts: 243
Off Topic
Opinion:No Opinion
Price:26.75
Transformative RNS's
Fri 21:51
So many transformative bits of news to come in the next 3 months:
- The debt agreement
- A strategic partner and investor
- the placing at a decent price which will be oversubscribed
- Institutional investors coming on board
- start of construction
- movement out of AIM

Each of these will move the SP up. Start of the J curve.
Superleggera
Posts: 719
Off Topic
Opinion:No Opinion
Price:26.75
block listing
Fri 21:15
The 6 million share listing will now have been active for 4 days at a vesting price of 19.5p. These shares are a cracking buy so whats the delay in the yanks exercising them or if they have then whats the delay in the co announcing that they've been exercised I wonder. They expire on the 12th Aug, no hurry for now I don't suppose. Are the Yanks waiting on something happening before the 12th??? Not long to wait.

cheeeerrrrzzzz
Superleggera
Posts: 719
Off Topic
Opinion:No Opinion
Price:26.75
RE: Financing
Fri 19:14
I'm in the I don't have a clue, but it'll be a hell of a lot more than it is just now camp (unless I'm very much mistaken which would be a tad errrrrrrrrr frustrating)

Cheeeeerrrzzzz
Olderandwiser
Posts: 4,589
Off Topic
Opinion:No Opinion
Price:26.75
RE: Financing
Fri 19:06
I'm in the "steadily rising sp to circa 50% of NPV by first production" camp, barring hiccups along the way caused by construction difficulties.
JASON99
Posts: 29
Off Topic
Opinion:No Opinion
Price:26.75
RE: Financing
Fri 18:46
Thanks all - this gives me a post-finance price window to look out for. Now, if the markets were only as reasonable as all of you...




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