Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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If it is Jetxie then another TR1, let's wait and see if another big buy drops in but I don't think you will be able to buy that size again.
Jetxie. Hi
Why would it be a ramp with a straight 7m buy.
A ramp would be multiple trades more like someone building a position at a low SP.
"Looks like 9m in total, fair punt or someone in the know"
My money's on 'someone trying to get a ramp going'.
Once the overhang form all the sells last month is clear this will start shifting on each buy.
Looks like 9m in total, fair punt or someone in the know.
Company confident that the RTO will go ahead..
Mark let's get that RNS out.
"RTO ready to go soon."
Needless to say there is no evidence at all that this is the case.
Challenger, the viable company which invests in giant observation wheel projects, is finished. What remains is a shell company which is now engaged in a race against time to find a partner for an RTO before the cash runs out. To me it's basically like flipping a coin at this point, as to which outcome is more likely.
Not dead mate neither is the company, RTO ready to go soon.
Sector they reverse in could be an exciting one that lots will want to be part off.
Goodness me - I thought this bulletin board was about dead! But in the wings we have keen investors and watchers on the prowl, unbeknown to me. Thanks for you lot springing into action.
For myself CHAL seems to be one of the most dormant shares around ... poised for action. I look out for these, just like PYC at the close of 2017. At the time on the 29th November I tripled my money. The day after, the share price went up tenfold!!! I felt really bad.
Good luck everyone
I'd be happy with just a doubling here.
Simple bud there was extra shares issued at .15 which made it 9.6%.
He added more to make it 10.1% again.
Good buying as all the .318 and .35 was buys cheap.
He (she) seems keen...... and Jarvis Investment Management (whoever they are) took a 6% stake a month ago.
Why would they both do that?
Oh dear, it seems Baz has opted to go down the Suhail route and pretend to filter everyone. Truth hurts eh?
Happy to take the dog for a walk quindell Filtered as well, half of AIM are no good companies let's see if this is a turn around story.
Hands down the biggest dog of a share
Dan you are too negative and not happy to move on.
Filtered as boring.
Cheers
That's exactly what people said about the Jakarta wheel project, the New York wheel project, the Dallas wheel project and StarSanctum. Guess what happened to those? All the same CEO.
When the RTO happens mate all holders will be smiling.
I'll take action over empty platitudes if that's alright Baz. The BOD has delivered absolutely nothing of any value, throughout the history of this company to date. Investors will need convincing that 'a new chapter' is going to bring anything different.
The board will be doing all they can to make a go of this, happy to hold shares at the start of a new chapter.
All in the past bud let's move on from the negativity and hope for a better future.
Bear in mind he spent the prior year or so saying 'we're seeking out a new project or acquisition in the leisure sector'. How did that turn out?
Outlook
Looking forward we expect positive results from the ongoing process to seek out, evaluate and review a potential project that can utilise the public company platform in a manner that makes sense from a financial and regulatory perspective.
It's worth noting that there has been nothing whatsoever from the company in an RNS stating that they're seeking a RTO. That's simply speculation from people who realise that this company seemingly has no other viable prospects at this point.
In fact, there has been no coherent communication whatsoever from the Board in quite some time. What is the point of this business now? Where is the lost $25,000 from the failed Dallas Wheel investment? It's now almost 3 months overdue. Have they just decided not to pay, knowing that Challenger can't afford to take them to court over it?
I agree with some points there but, now they have to produce something no more small funding get the RTO cracked.