We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
MM i think that was the general agreement at the time , a mix up on tickers or European metals and Europa metals etc.
I think i might have just figured why this spiked last year. i wonder if we have the wrong ticker ECKERT & ZIEGLER AG (EUZ)
If you look on twitter at EUZ theres a guy that says #EUZ coming back to earth? How low can it go? then in the comments BTW, this is Eckert & Ziegler on #XETRA wrong ticker maybe we need to change this so it does cause confusion LOL
LR says we have 12 months money I wreckon 6 takes us to May if an asset is bought 3 tops Tick Tock Tick Tock
Chrisp , both you and Highside are right. We are exactly where we were 18 months ago , but with more shares in issue.
A great asset, but an inability to create any value from it.
1 billion US dollars of metal in the ground, with a small capex requirement ( it's only $75 million ).
An astute business person should be able to push this forward. Let's hope we see some progress from the team at Bennelong .
time is running out as further consolidation will take the Mkt cap to pretty much worthless.
Should read dilution not consolidation.
What i said was
This started at 20p before 500:1 consolidation ..., so basically it started at £100 in todays money
Started as "in the beginning" its was 20p and dropped to 0 .015, then there was a 500:1 consolidation so what started as 20p x500 is £100.00.
Yes, over the years the company has scrapped assets, started others, changed its name and artificially re rated its SP with a consolidation but its still the same company to all those that invested over 5 years ago. They could buy another asset as they say they will and change their name again but its still the same company to investors.
People driving around in a Datsun 260z and those in a Nissan 350z will understand this :-)
Consolidation creates a false picture. This is still the same company that dropped from 20p to 0.015p and has failed to get its SP up since. The reality is it had to consolidate in order to get the £2m , placing away last year or there would have been 40 billion+ in issue and this years placing would never have happened.
The company bought itself a year or so with consolidation but time is running out as further consolidation will take the Mkt cap to pretty much worthless. I can see this being bought out for peanuts when LR has finished squeezing every last drop of value out of it. Maybe thats what DB and the new Aussie investors are planning ?
Cjen I bought some at 0.015 just before consolidation and I think it went go down to 0.10 and the the 500 consolidation came in and they went to 5p but that same day they went down lower and I think their was a sell at 3.5p but they slowly went back towards 6p for a week before a pump to 27 intra high a week or so later. However, the facts are that the SP has gone nowhere in the last 18 months.
Someone wants out this morning. I’m not sure what DBAs strategy is though with an average of about 9p. They will surely want some sort of return on this? 12–15p before they start dumping?
That said it makes no odds now, its finished, a lucky few in under 12p might get most of their money back
Cjen
When i first bought this is was 20p pre consolidation.
Too many nights. .02p
Highside, before the 500 : 1 consolidation the share price was. 0002 of a penny. After consolidation the share price was 10p and it then dropped to 5p, which oddly enough is where we are now. The same price as we were 18 months ago.
@aimgambler everyone has their own strategy as a trader you’re in and out into the next stock that’s sadly what AIM has become however it’s having the balls to ride the wave sometimes, occasionally these come off. If this does hit UFO prices most of us here could retire whilst you’re still trading for a few shillings each to their own
AIM123
this started at 20p before 500:1 consolidation , so basically it started at£100 in todays money
Its dropped from £100.00 to 5p......thats right , get a magnifying glass out...thats 5p :-)
At what point should we copy you and put 20p in this and cash in 50p ? Please tell us
:-)
You stale bulls are thinking too much. It's AIM, just buy at 5p and sell at 8-10p on the inevitable rise. Forget all this agoinising over the finer details, AIM doesn't work like that, everything's a punt. That's what the money is doing, as shown by the huge buy volume today. You don't want to add insult to injury and miss out on the rise do you?