Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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As at 19th june LO had 28.5%, so selling (or buying) 1/2% would require reporting. that is somewhere between £800,000 and £900,000 as a rough estimate, so not a huge figure in the overall scheme of things. my point really is just that any change in their position, albeit of a relatively modest amount, would result in a reporting requirement, but as yet nothing has been notified, so not sure they are necessarily the putative background seller. just musing of course.
timmo- who are you the spelling police-p**s off you fill in the blanks what an ********!
Affect not effect
I would also say patent, esp for a company that would looking at buying FUM.
current patent is only unitl 2029 if they get the extension it will be valid until 2040.
Ongoing sales figures is the only thing that is going to effect SP now & maybe US deal IMO!
Taking profits or keeping the price down for other reasons ? Time will tell.
Lombard have over 85m shares and they are reducing their holdings. They have been very supportive of FUM over the years and now they are taking profits.
All very frustrating as we've no idea how many they plan to sell and how long it will go on for.
I'm hoping an institutional buyer will take a load off them rather the shares being dripped feed into the marktet.
all imo
Why is this share being "manipulated", to continualy being suppresed, below 60p?
Boots are closing store that are in close proximity to other Boots store in the interests of efficiency. No staff are being made redundant all are being offered alternative positions, so it looks like business as usual.
Hi, is it all of Europe or just France, Italy and Spain? , looking on the web, it’s seems to be available in Luxembourg as well as Belgium at the moment
None, as from July it's going to sold all over the EU on Amazon and they will be expanding into more shops.
Boots to close 300 stores .... likely negative impact?
Yes as expected, traders have taken their turn and are likely to be chasing other rainbows, investors are waiting for useful information ie. more granular sales data and information on commercial partnerships hopefully in multiple jurisdictions. Lombard’s position is both a strength and a weakness IMO. A strength in that they will have a big say in any takeover attempt and will want a very good return should this happen, negotiating from a position of strength. Some will see their position as a weakness expecting that they will sell into any substantive rise. They are very smart people and in their shoes I would sit comfortably just below 30% so they can sell down small chunks only if required to stay below the mandatory offer threshold and wait for the real monetisation events to happen. They may be approached by institutions to sell blocks to avoid those institutions buying in the market driving the price up but would certainly negotiate a decent premium. So, I am comfortable where we are and will wait patiently for the management team to do their thing and inform us of progress, hopefully, on a regular basis thereby avoiding the drip, drip that is only too familiar on AIM.
While quiet, could someone take the time to explain me FUM's cost-model?
In the Investor Meeting they explained they are a small company , less than 50 persons. I would conclude they outsource almost everything; from production over marketing to distribution. So I wonder, for each package sold, how much money ends up in FUM's pockets, after all outsourced costs?
Please guide me towards an answer! :)
The calm before a storm maybe? A storm of upwards trajectory to heights?
Very quiet here..
During the investor presentation it was mentioned the gel should be used 3or 4 times for the effect to build up during different occasions, many people complaining about the product seem to have only tried once or twice which may be the problem
The board also mentioned “ investors” may be manipulating the responses on Boots etc by posting poor reviews and posting on boards etc
I’ve noticed it’s very quiet on here and some other FUM boards since this has been mentioned, strange that eh?
Always good to hear from the company this morning although, understandably, they have to be extremely careful about what they can and cannot say. I would like James to take some pills to boost his levels of enthusiasm though, as they have such a terrific story to tell and IMO should be shouting from the rooftops!. They have achieved a lot over the past 6 months but naturally the share price behaviour will move from speculative punters hoping for a turn on FDA approval to investors trying to make sense of the revenue and profit forecasts down the line. High quality data collection and analysis is also very important for their marketing partners to fine tune their strategy and to provide management with good quality data to communicate to the market. Our FD explained that it will take a few months which is understandable. In the meantime there will be commercial deals to negotiate which will take time as the US partners will be the source for the greatest share of revenue going forward and the deals have to be watertight with the correct blend of carrot and stick to optimise sales for all parties. Eroxon sales will continue as new markets open up and I hope that the company attract some new investors who are in for a few years as the product matures, rather than a few months. Buying below 60p will be considered a bit of a steal IMO as we progress across the year and we hear about new commercial arrangements being signed across the globe. The futura looks bright.
Surfi - i know that is why I'm frustrated.
I was hoping for a sustained boost at 60p, but can't hold it. Let's hope it stays above 55p as in the last year its not been able to stay over that price......
The start of the European roll out online is scheduled for July according to the presentation, seems to be for France, Italy and Spain so possible another leg up on this news?
They certainly appear to be BUYs as other smaller purchases were going through at around 59p Friday afternoon. So, if that is the case, why such a drop in the sp Friday to Monday ??
The medium term case for FUM is without doubt strong - the product is selling - we know that - and in very good volumes as far as we can tell. Is it MMs making a book for themselves or might we get a TR1 shortly that Lombard Odier have reduced their holdings ?
Big late delayed purchases on Friday at around 63p
It will take some time if they intend to sell all of them. It’s the only thing holding the SP back.
Short term movements are largely irrelevant. If one believes in the FUM story, then it should be clear that the overall trajectory is upwards. I guess some bought in as 'Stags' and are awaiting the payback, rest of us can relax.
Cannot believe (actually I can), that we are still dropping. Fookin wish the seller would bugger off. Guess Lombard have a lot of shares to sell.....ggrrrr