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Russia may well have low GDP compared to NYC, but they aren’t completely debt saddled like the west.
If you want to see real poverty and inequality, take a look at our “friends and partners” in the Middle East. Saudi Arabia for example. No democracy. Complete autocracy. Friends and allies.
Not a peep on this. Turns out the whole “freedom and democracy” thing is selective.
Its wide currently since Russia-Ukraine thing.
Normally lot narrower than this.
I dont worry about the wide spread. Will add to my pot to accumulate a decent Qty. Just focussed on a nice chunky ROI here once everything settles down.
Have no idea about discussions
Here because I want to break even...and maybe make a bit....
"do you honestly believe there are discussions for a sale"
why do you think most of us are still here ?
Why is the spread on this share always so wide?
Hahaha....let me rephrase.
Will find out sooner or later....thats better.
And yet ironically something AMC message-board posters have been saying for about a decade.
"All shall be revealed soon"
There's a comment you can never apply to AMC.
"Its all discussions until the signature is in black n white, then its becomes guaranteed."
That's my point the risk of a deal not materialising was too great vs the potential reward at the 3.8p mark to 7p for PI's.
It stacks up for me and a return to the 3.8p levels should be achievable once some form of peace is restored in Ukraine.
Of course if discussions are continuing between AMC and the potential buyer then they could conclude and an RNS could land anytime.
Personally I do believe that discussions are still taking place.
Someone paid 1.90 yesterday and this morning.
May be they share same views as i posted below.
OR could it be our mystery buyer accumulating on the cheap in "stealth mode" to gain Voting rights ?
All shall be revealed soon.
Reason it only reached 4p and not 7p was more to do with Russia getting ready to go into Ukraine as per intelligence reports and Biden comments around same time when £100 million valuation surfaced as confirmed by news reporters.
Once things settle down as they always do eventually. This war is not sustainable to go on forever...none of them do.
This could storm higher than just £100m valuation with current Nickel price and TEO to come.
Delay in TEO release could be blessing in disguise but we might not see these low prices when the dust settles. I been adding more gradually sub 2p levels lately almost 56% discount from 3.95p
Its all discussions until the signature is in black n white, then its becomes guaranteed.
See many company over the years, where the sp shoots up and remains close to the potential takeover price, in this instance it never happened, don't think it even crossed the 4p mark? Even at 4p, it was still good 70% below the touted 7p.
Something hasn't and doesn't stack up.......
Kammy
Discussions not guarantees.
That's why it wouldn't have gone to near 7p straight away.
The fall since? Well unless you have lived in a bunker the last few weeks it's obvious why that has happened.
TDT. Didn't the LME have an orderly market, but decided to revert to, Communist-style, price controls in order to save the bacon of one, or more, Chinese billionaires?
They're not having much luck at the moment in their efforts to create an orderly market for nickel. Opening price $14.50/lb, current price approximately $16.75/lb with trading currently suspended. Stock in the LME still falling but at a much lower rate. The interesting statistic, however, is the number of cancelled warrants to opening stock which has fallen to just below 27% of the total. That's the one thing to keep an eye on to get some idea of where this all might go in the near term.
TDT
Its not an AIM trick, its a trick played by corrupt CEO's on AIM.
You're principle is right though, the reason this is languishing sub 2p is lack of confidence in RY.
Talking of the inept CEO, where is the TEO he promised by end of Q4 2021?
MP - do you honestly believe there are discussions for a sale? If the market believed the recent RNS and RY has any credibility then the sp would have shout up to near 7p. It didn’t so imo the experts know this is a typical AIM trick
1.90
Once things settle down....which they will.
This could fetch lot more than +7p offer.
£100m is just base valuation.
If enough people have used the "report post" button, then the thread is flagged with admin, and deleted.
Tw*atter.
The usual ****** from some new day trader trying it on. Lucky we are all old hands now. Twitter, more like Twitter.
"Russian President Vladimir Putin said on Wednesday the country has no plans to nationalize foreign assets in response to seizures of Russian property abroad."
If this is true, then there is no reason for the BOD to not update shareholders on progress, assuming it was not fake. Further, there is also no reason not to publish the TEO details.
The longer the silence the more is does look like a set up, in cahoots with the board or not. At the very least RY must address the companies owners.
One small comm from the BOD on the potential sale and this will be back up to 3p in no time. Silence and we’ll just stagnate around 1.5p.
A more logical reason for yesterday's rise.
https://www.rt.com/business/552077-russia-will-respect-private-ownership/
The whole 5p thread deleted.....very odd!!!!!!!