Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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How much bigger these contracts are getting? Much bigger orders from the same Companies - that tells us everything we need to know.
Fantastic news. More proof that the products DGB are offering are of the highest quality, I see more contracts being awarded in the near future from the USA and Europe. Hopefully a good price rise today.
Still waiting on my £20K Bed & Isa from the 10th April with HL. After todays news on top of what's already been announced instead of shifting 75K shares across away from the tax man it will be more like 50K shares. Their tardiness has cost me a chunk. However - the upside is that I see DGB in the pounds in due course so It will work out. Great Company with great prospects.
now with the increased level of contracts and more to come as stated in RNS ''We now have a very strong contracted backlog position for the current financial year, with approximately £15 million already secured. We continue to focus all of our efforts on the pace and tempo of FURTHER SALES CLOSURES."
tough to buy in much volume though! Definitely hold em if you have em.
Price action gaining positive momentum, should be heading into the 50`s in medium term. GLA DYOR
ahead of contracts that total at least £14 mill, more to come and a transformational year ahead, a £10mill credit facility in place, the tech everyone will utulise and need, and am expecting a re rate back up to beyond 52 week highs as progress is made.. :)
200k @ 30p ;)
Looking at the fundamentals here this does look a decent entry price I think.
The II's wanting to have a massive top-up, so it got pulled down to 26p.
Just curious, what caused the recent big drop?
Looks interesting, this thruvis definitely sounds like a product that is needed in this day and age. I'm tempted but will need to do some more digging before I part with my cold, hard, digital cash
trades +3.45% for starters
It gets even more interesting when you look at all the shareholders that hold less than 3% on Bloomberg. ;)
I understand the list of big holders, but would think there may be certain mutual funds, etfs that are required to hold any equity in the LSE? Maybe I am wrong. Kiwi to your point the free float is so low that if moving to the LSE did require this then even less supply would be out there.
Certain funds? They already own 82% of the shares in issue including George Sorros, this will probably get bought out by BAE or some other major just like Detica (534 Million GBP)................................................. and who were the Directors of Detica? ;)
I agree with you in most cases, but very unusually with DGB the funds already hold - there's barely any free float they hold so much. I won't post the list but funds buying isn't the issue. The continual announcement of contract wins will catch the attention of many and I sense that the re-rate is just beginning.
My thought is that if moved to main then I would assume certain funds would have to buy shares and perhaps in the eyes of some investors added credibility to consider investing in it.
Interesting Article in The Money section of the Telegraph today, ' How to spot the next 10 bagger' - goes on to say most likely on Aim, and that some Companies have diverted to Aim from the main market, James Halstead for example, first listed on the MM in 1948 but moved to Aim 10 years ago.This Company has grown it's dividend for 40 years or so. Much of the article discusses key points to look for, Strong Management, People who have succeeded before, Unique products 'Differentiation' etc.....all pointing to what we already know! Hooks are baited now all we can do is watch & wait. I too have an extraordinarily aggressive position here.
Beamer, thank you for sending. Very helpful. I am surprised that it stated "There is no mandated size or time at which a company must move and there are billion pound businesses doing very well on AIM." I would think moving DGB to main would be a big event that would bring much needed attention to the equity.
Some do, some don't, it's not an automatic 'promotion' situation. There are advantages to moving (greater exposure to institutional investment, easier fundraising, possibility of progressing to the FTSE 250 or even - you can always dream - the FTSE 100, prestige) and disadvantages (cost, administration, tighter regulation). The only requirements for entry to the main market are 3 years of accounts and a market cap. of >£0.7m (DGB are £59m). There some massive companies still on AIM for some reason, like ASC (over £4bn). Great choice for your first UK investment, buddy.
http://www.smeweb.com/mid-market/making-the-move-from-aim-to-main Article attached with general info
I am in the US and new to buying stocks in London. I have a very aggressive position in DGB as I believe it has tremendous potential. My question is this: I know the AIM Exchange is for smaller companies. At what point (valuation) will the likes of DGB graduate to the larger LSE market?
Poor Pony, two RNSs just days apart. I would like to nominate RudolphToo as the official Lse DGB BB Mascot ;)