- Today's Hot Chat Topics
- Member Benefits
- Manage your personalised Watchlist.
- Set up an online Virtual Portfolio.
- Participate in Share Chat.
- See more trades and director dealings.
- Play the Fantasy Share Trading Game.
Share:
HomeShare PricesStock PickerFinancial DiaryUK IndicesUK Industry SectorsCompany LookupShare RisersShare FallersBroker RatingsFinance GlossarySMS ServicesShare ChatFinance NewsBlogsLive PricesShares BookshopFinance ToolsMembers
Latest Share Chat
Firestone Share Chat (FDI)
| Share Price: 3.125 | Bid: 2.75 | Ask: 3.50 | Change: 0.00 (0.00%) |  | ||||||
| ||||||||||
Share Discussion for Firestone (FDI)
Thread View
poppydog
18 Apr '13
no problem, it was said in jest. The more serious point is that successive iterations of Liqhobong - under EPD, under KDD and now under FDI, have been effective destroyers of shareholder value.
LS
18 Apr '13
It just doesn't appear to say so on the KDD site or google chart but I remain corrected by your details.
LordSnooty
18 Apr '13
I apologise & stand corrected, I bought KDD @ 12.8 & 14.15, but they were then transferred to FDI at 27p (I think), so in my head I still paid approx 27p when it is now .0263.
copland
18 Apr '13
without wishing to be pedantic, I repeat, KDD was born out of EPD.in 2007, when Roy Spencer left and Tim Reid took over as CEO and the name changed. I don't dispute that EPD hit heights in 2002, as did FDI somewhat later, both on a very limited issue of shares compared to later. That's par for the course..
Enough of this nonsense.
Enough of this nonsense.
LS
18 Apr '13
copland
18 Apr '13
KDD did not exist in 2002, that was EPD.
Sobering Reading
18 Apr '13
"The journey from prospecting to production can take six to 10 years, according to a diamond industry report from Bain & Company. For a greenfields exploration project, the probability of finding a commercially viable diamond deposit is about 1 to 3 percent, the report also states."
http://diamondinvestingnews.com/5731-understanding-diamond-juniors-exploration-lucara-rockwell-peregrine.html
Liqhobong is of course brownfield, but the chances of survival as of now look slim.
Still, at this price, it may be worth hanging on.
http://diamondinvestingnews.com/5731-understanding-diamond-juniors-exploration-lucara-rockwell-peregrine.html
Liqhobong is of course brownfield, but the chances of survival as of now look slim.
Still, at this price, it may be worth hanging on.
LordSnooty
18 Apr '13
So the high for KDD of 217p in 2002 is not correct????
copland
18 Apr '13
yes, it was the old, old days of Roy Spencer and European Diamonds when the share price (briefly) hit 27p-ish, in about 2006. The graph tells a sorry tale since then. For some sobering facts, look at the old Kopane website, still up and running, and weep how little has changed - the directors still earn comfortable salaries, Liqhobong still has "challenges" - oh, but of course the punters have lost 90% of their investment. Such is life.
Request your Free brochures on share dealing, spread betting and CFDs
