Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Blucky
Yes Warren took on board what I told him!
Here, take my heavy bag. My arms are killing. I take cash only.
.".... be fearful when others are greedy and to be greedy only when others are fearful...."
Warren Buffett
Now then now then!
Very Short term thought processed the other way.
You cant buy experience!
Gimme please.
I stand by my thought process.
I have a considerable holding spread across various investment vehicles.
I have decided to allocate additional separate funds for just the short term games/gains that get played only!
Money where mouth is!!
Sink or swim.
Limit order placed of £20k + placed @ 42p.
Lets see if I get them? Hope so!
Yes bandit1, suppose my thoughts on where to place my stop could be called a strategy, I was thinking, 45 to buy would be a holding ground, after that, then 40 would need to held.
You are quite right, AIM is manipulated, that is my opinion as well. I did weigh that up and thought it could well be the case. But also thought the M-cap is not that small for an AIM stock and would not be easy to be manipulated. I did also think, what ever I do, it will be the wrong decision.
I got mine, thanks very much. All upside now. Then expect a bid. £1.00 plus
Krull - it is frustrating if you are stopped out but one assumes that you placed the stop at that level for a reason and that you had a clear strategy. I have never placed a stop on an AIM share as the market makers and their cohorts make their money by collecting shares ‘cheaply’ and when they have enough the price will be walked back up. That is why traders love AIM as they know what is going on and take advantage of it. I have been in the markets for a very long time and know that professional teams working together know how to ‘play the game’. When you have a company that has great prospects like FUM on the cusp of something exciting, there is quite an incentive to drive the stock down after news in the hope that you can collect cheaply before the next news. I use these ‘events’ as an opportunity to buy more and just did to add to my investment and will continue to do so. Play them at their own game if you have the liquidity to do so. Haleon thinks that FUM will do very well in the US apparently and you might think that they know their market a lot better than any spiv.
That's me done, my stop loss has been taken out, took about a 20% hit, it's been going down too fast for my liking, I fear something is wrong.
Now that I'm out, it will most likely go back up! I may buy back if the price settles with out any concern turning up.
Good luck guys.
Limit to how low this can be pushed down.
Agrre with this thought.Although there have been sales of £20k-£30k the buys have pretty much been consistenly reflecting the sells .This is being snapped up and will fly on either a takeover bid which would make perfect sense for any large player £130m gets you that in in reveneue TODAY and only growing its a no brainer happy days ahead or on other endless news waiting to be reported
Many of us are very frustrated lth inc me But I have never been more encouraged ever than now.
Eroxon is here and the company is set to go.
All the deals are different but many disciplines have been conveyed in the rns etc.
For instance...Agreed manufacturing by Fum supplied prices to majority. Milestone payments and performance criteria.
What about this for thought?
USA....(no other Otc at all (up front $4m)
NO mention of Fum agreed manufacturing (are Haleon going to look after that???
BUT they have mentioned a royalty payment on every box sold and major milestone possibilities!
Haleon to control roll out but performance contract criteria.
Will they roll out in 6? maybe 10 states to start? Who knows?
James Barder is bursting at the seams for me trying to contain himself.
He deserves credit where its due at this point in our journey. Not far to go now in the Grand scheme of things. I am confident we and the board will be merrily rewarded financially in the not too distant future.
In my opinion these should be over 100p now and I expect them to far exceed that. Not too long from now the penny will drop and boom!
The horse will have well bolted and I will be riding side saddle.
Hang in there Fumsters.
Regards
Darky
Petit
Einstein said “ The definition of insanity is doing the same thing over and over again, but expecting different results”.
I personally don't see the same thing over and over again?
For instance ..Uk launch..Competitors Otc available also .
Other Countries launches will take place a without others competitors products Otc as well.
Massively not the same thing. (Hopefully a massive uptake as a new market)
All licensing deals are different.
Just my take as a consideration.
Regards Darky
Good point,Darky. he doesn't make any reference to the precise period and as you say, if it went up to just before the broadcast, then the profit would be that much more in the period up to 30th june. personally,I've never tried to calculate any figures for profit per sale, as imo there are just too many unknown factors to make it a worthwhile exercise, but glad that you have corrected my previous misconception. quite agree that the profit margin is best kept confidential. there are many more deals to be done!
28/09/23 congress's .apologies
My bet?
Push down sp prior to Saudi Arabia launch by Labetech in about ! to 2 weeks to launch there and sp rise (Congress in Dubai starts on 28 sep. 24)
Manufacture has been completed for Saudi launch for a while. Its imminent.
Low
In June it dropped to around 40 so that’s 25% to 50 pence in a few months. But agree strange people are selling this oow
Italian
Yes I have definitely already read that and heard him say it but as far as I am aware.
It was in the context of sales to date versus complaints at the point it was stated (well after Q2 end date. }
That has been and is my take on it?
If correct no one can determine the profit price per box as the £ !.7m sale with £900000 net profit may of materialised from say 150000 packs sold to 30/06/23
And also keeps competitors in the dark as to profit per box which makes commercial sense.
If so it is much better for us all as the profit per box could be much than everyone assumes.
Also perfectly possible that some who were in in the very early days (dec2019 ) and have held on till now, are deciding to lock in their profits now to safeguard their positions. personally not remotely worried. L/O need an exit strategy and it's not going to be by selling down in lots over the next 12 months etc. they need a capital event. just my opinion of course.
Perhaps many who were lucky enough to get in at 40 GBX in June 2021 via the PrimaryBid placing are now taking a small gain and looking elsewhere for quick growth opportunities…
But IP’s aren’t selling at 50p plus .Unless you’re selling shares you bought 2 years ago you must be realising a loss.
I am willing to be corrected.Perhaps some of those selling over the last couple of weeks would enlighten us as to their motivation,and whether they are making a profit.
I'm a trader and I watch this share and contribute occasionally, I've found that 40 tends to be the bottom but right now this feels an incredible entry point as it doesn't drop to 40 that often. News on a deal or update on the business tends to boost the sp to mid 50-60 area so a good 20-30% profit depending on how low you get it.
I think it will stay this way until the business is starts making profits and shows consistent sales by which point the sp will be way higher
Barder has a real skill at killing off the SP no matter what he says!!
My view is that it has become a traders share albeit that the traders sell at a loss!
I think the fact that FUM do not anticipate making a profit until 2024 has been a fundamental driver in the latest sell off.Although it should be noted that the volume of trades is relatively low.
The cautious attitude of Barder does not help.
The other factor that has had a negative effect on the share price is the opaque nature of the last RNS.Can any one articulate what profit they are making per sale?
The latest selling will burn itself out and as I have stated before the price will then drift higher probably only to go through the same cycle again and again.