Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Rns out! Hope its flys tomorrow!
not showing on LSE, is it delayed on here?
Vox markets app
so they are selling off their holdings? how would this be good? am i missing something?
They are out... That is what it means.. This is good news
unless i am reading it wrong they still have 18.22% remaining and thus could still be selling?
I am long here so dont get me wrong, i want good news however i'm not seeing this as positive unless we know they are no longer selling?
Profit taking? when did they last release a statement that they had made a purchase?
Company total Issued Share is 3,800,824,884 100%
M & G
Previous Position 744,961,677 19.60%
New Position 692,510,294 18.22%
Sold Number of Shares of M & G 52,451,383
Number shares sold by M & G is just 52.5M
if we look at delayed transaction it is much higher therefore
those can my purchases as well
Haso. So you think the seller is out ?
Their holdings have been reduced to 18%. The stock was snapped up! Those saying ‘seller out’ haven’t a clue what they are talking about. Read the RNS. The positive side is the stock was bought up. Someone was happy to take the stock! I wonder whY????
Thanks JT16 for your input.
where do you see this going in the near future, will it grow, survive for a time or crash overnight.
I am one of those that have taken the bate.
Oh dear. There has been quite a bit of inaccuracies regards the TR-1.
Not to worry.
The "going concern" now will be if they keep off loading. The murky world of AIM allows for insti investors to get a head start on buying and selling their holdings.
News needs to come fast in order to understand the company longevity, and to hopefully postpone further TR-1's being released with every percentage dropped. Unless they already know there is no news of longevity....
That said; I'm still invested. I've doubled my stake as I bought in early and now I have a free carry, but that doesn't mean I wish to lose it.
However, it would be wise to look at M&G Plc to see what is going on over there, and it seems they have just had a management change, and this has been building up for the last 2 weeks - with an announcement being made today.
And, the trading in the M&G Property Management and Feeder fund has been suspended since December 2018 due to cash restrictions, worsened by the pandemic.
The company is trying to generate liquidity as they, like most, are going through very troubling economic times, and this, may also be the source of their off loading.
There are always 2 sides, and the truth normally lies somewhere inbetween.
ATB folks.
Re:mannnan yes otherwise selling would continue... Price still high for them to sell all holdings IMO
Watch and learn...if some of you keep banging on about the past SP performance then you might as well live in the past!