Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Bottom, if you and the likes of the paperhand brigade along with the wetting crew held, they would be worth more really lol. But thats ok, you gotta look out for number 1 am i right?
Well I don’t understand the SP, but who cares time to top -up! 60% of the shares are in the hands of institutions or directors from my working, that leaves only 40% of floating shares in PI hands which I’m guessing a good percentage are LTH’s. So not a great amount of shares floating about for share price to rise rapidly through buying or selling. News is the only way this SP will rise either FDA or Sales. Please correct me if I’m wrong.
Porkies or not, your buys today maybe premature as thie S.P. looks like it's on its way back down to where it was a week ago before all the good news about the stock being in Boots etc. Frustrating as hell.
I see the LSE Trades data is all Porkies at present.
The following 'Sells' where actually 'BUYS' by me today:
11:39:17 12049
10:41:55 2061
10:41:11 20718
The only correct Buy was
11:51:24 18697
So god knows how many other trades were Buys and not Sells???
Well, having Top-sliced 30% I decided the latest SP drops yesterday and today was too much of a nice thing to ignore.
So re-bought using 3 tranches of my Top-Slice money and managed to increase my overall shares by an additional 2980 shares for free :-) :-)
Now, I just need you guys to buy on-mass and push the price up above £1 please so my shares will be worth a decent amount :-) :-) :-)
Pretty please?
81lucky I think your assessment of everything is spot on. LO have to show returns on the books to stay in business, so profits need to be locked in, especially in this financial climate. I understand that nobody ever went broke taking profits, and anyone trading this share had the potential to make a lot of money. But personally I think that this is not the time to be trading this (adding on weakness yes), LO have a huge holding and haven't really shed that much relatively. They are entitled to take some profits as they held their noses and bought during the period of maximum pain.
Lombard selling a small stake is nothing new, dont get it why it caused mass wetting of the linen. Some here would like to take a profit but with paperhands about "slicing" pushes the sp futher down. Sone need sticky hands, create rarity and boom up we go. For a product that helps get the member up, this product should be getting the sp up too. Cmon!
Very shrewd assessment regarding LOMBARD’s position ANDY , and by injecting 40p a share as and when they do also safeguards all other shareholders from further dilution as it will eliminate any necessity of a cash call.
Quite agree with your view JET, never wrong to take a profit particularly in these difficult times.
All ISA’s done and dusted ?
Andy, agree with most you say, however punters selling in the last two days were probably correct in my opinion. Lombard can sell at anything above 40p and just replace as and when they wish, the fly in the ointment here is likely to be FDA approval, good news and this share becomes a different animal so pi’s that sold would then loose out. But for Lombard it’s a win win scenario.
Bear in mind that Lombard is mostly an investment life and pension insurer offering tax-efficient vehicles fot private investors with large portfolios. LO is not so much a fund manager or institutional investor, its clients are PIs making their own decisions as to what happens inside their portfolios wrapped up as insurances. A bit similar setup as with trusts in anglosaxon legal systems and in tax havens.
....got to be one of the better bets on AIM..... This is a no brainier....it is only going one way ....etc etc.
Fund managers who are responsible for client portfolios just can not indulge in such indiscretions. They have to show results on books. That is the rational behind crystallizing a fraction of holding, while still being massively invested for the obvious potential. May not be genius but definitely a strategy. To that end, many PI,s have also top sliced. (I have personally resisted, as events are finally moving on at FUM). 'Didn't see that one coming' scenario can happen.
This has possible brought on the dampness of beds, what do you reckon Darth?
PI,s can afford themselves the luxury of being of higher risk averse. (hopefully within their means).
imo
very interesting thoughts re LO's position, Andy. food for thought.
FUM said the cash runway would take them to full launch of Eroxon but to produce the stock for an Americam launch may drain the cash. Rather than have another placing it would make sense for LO to sell shares at 50p and convert warants at 40p to put cash into the company without diluting the LO holding.
Or could be any numder of reasons but failure is not one of them
LO had 78m shares. If they convert heir warrants of 20m shares they would be way over 30%. When LO convert their warrants they will want to have less than 30%
When L O convert the warrants the shares in issue will be 313m so expect LO to sell more shares in the coming weeks so they have less than 30% at that point.
What LO will have is the final say over when this company is sold and for how much.
The punters selling shares over the last couple of days because LO sold have done so for the wrong reason. They should really have been buying.
Not ramping just my thoughts
Traders cashing in all or some which is not surprising but volume is low today so LO probably waiting for FDA RNS before making their next move. Lots of potential upside here with limited downside risk IMO. Whilst the FDA approval cannot be guaranteed it is more likely to be good news than bad so the risk of being out is fairly high as news could come any day. It is likely however that news will be leaked as it almost always is these days as regulators do nothing so a flurry of buying may be the signal, conversely so if the news is negative.
I think the share price is taking a breather, and needs these periodic retraces to clear the decks. Obviously the fda is the big news on the horizon, and will be the next leg up, but also we have been promised retrospective news releases of new distribution channels at any time, here in UK, and in Europe and other continents....
My gut tells me that once the fda decision is public, and all ok, it should be good news from here on, as we enjoy increasing news regarding the availability of the product across a large, prosperous chunk of the world and subsequent increasing revenues. As long as the fda come out good, and the product sells and gains a loyal following...its hard to see any negatives, which is rare as aim is a snake pit,....if this is the case , our only real enemy is time, and limited patience, as the company is allowed to develop.
Jet7: I agree. Likely that LO are locking in guranteed profit. I suspect (like you) that they may also be doing a "Top Slice" and looking to buy back in to compund profit in one to two weeks maybe.
I have no doubt that LO knew they may well have an impact on reducing the SP in their short-term favour of course.
And so It does raise the proposition that LO may "top-slice" another percentage shortly (possible this week). If they do, then that's a good indication of them likely looking to buy back in soon after.
Hence why I think the SP will jiggle downwards for a little (probably below 50-49p) then LO jump back in to push it up again.
P.S. My "Weak Sell" rating isn't because I don't think the share will grow; simply that I think there's an opportunity to "Top slice". However, just like LO, I've locked in some nice profit margin for the portion I've sold :-)
Downwards (slightly) then sharply upwards within 1/2 months :-) :-)
GLA
40p warrants from the carnage of Dec 19, they will replace when they have even more certainty that this is going to be a blockbuster. Lombard must love FUM.
Yeah, I don't understand this, so close to the FDA decision as well - granted a small risk, but got to be one of the better bets on AIM.
LO sell 1% of their holding.This precipitates a sell off from the highs of last week,no doubt by the same punters who were selling at 42p just over a week ago,and probably bought back in at 50p not wanting to miss out.The result is that LO’s holding is worth 10% less today than last Friday. Can someone explain the genius in this strategy.
Well the Boots reviews seem to be increasing in favour of 5 stars and the recommended buys is still hovering around the 68%+ so that realistically tallies with FUM' statement that it should help over 60%+ of ED sufferers.
I am at a COMPLETE LOSSS however that some negative reviewers go to the effort of proclaiming their purchase price as being a "waste of money". It's quite laughable as they obviously bought the product to try it because they were dissatified with other available products and their side effects as well as longer delayed response (if any) such aas Viagra.
Spending £25 to discover if a product is not only safer but actaully aids their ED issues is surely a worthwhile risk.
Anyway, although the Reviews are 'consistent' with the Product capabilities I suspect the SP will jiggle downwards for the next few weeks as the enthusiasm dwindles a little.
Hence I have taken my first Top-Slice in the hope to buy it back in and gain some compounding. Bit of a low risk but worth it I reckon at this stage.
The only thing to catch me out is if FUM suddenly release an RNS confirming FDA approval... in which case I shall spend a little of the 'top-slice' profit on a well-earned drop of whisky :-)
GLA
Thamk you kdonkey. How wonderful to get a straight answer. You are obviously not a politician!!
no it doesn't. FUM have said they are going to make a female version of the product.
it appears that some women get a warm sensation and it's safe for bj's
Still not heard if it stimulates women. Anyone know?
Hi - Would someone be willing and able to ship me the Eroxon to New York City in the US. I will pay a sizeable premium for your inconvenience. Would be very much appreciated.
If interested, please shoot me an email at johnsond1415@gmail.com.