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Share price rising
B, The AIM index is down around 43% since its peak in 2021, but continue thinking it's just a HARL problem.
The house always wins ;)
AIM has a failure rate of under 3% over the last few years, hardly dramatic for a high risk market. The old blame the market tends to come from shareholders that aren’t seeing the return they hoped for.
When shareholders are left guessing and speculating on every crumb of news it’s hardly surprising the SP isn’t going anywhere. I dread to think where Harl would be if big news wasn’t expected.
Si_Derman ref 09.09 post you ask some very good questions I am not sure what the answer is to any of them. Hopefully we will never have to find out.
Arguably AIM still has too many companies. The pot of money that invests in AIM is spread so thin that it can't prop up the share prices of 700+ companies. In recent times that pot of high risk money is also shared with crypto, making the situation worse.
I can see why AIM costs would be a problem for a start up that isn't making money. These companies are also struggling to raise money on the markets because their market caps are depressed and when they do the sharks want such a good deal for themselves it ends up destroying shareholders. This too reduces the pot of money willing to invest in AIM. I've lost count how many people have told me they will never invest in another AIM company after bad experiences with placings at massive discounts and depressed share prices.
I noticed that the Terramare spent Sunday heading up the Bristol Channel to Newport. That concrete jungle where dreams are made of, there's nothing they can't do, now the're in Newport, Newport, Newpooort! :)
Busy busy.
Investors invest in companies that they can see themselves getting a return on. If a company has potential to fulfill that requirement then people will invest their money in it. If not they will go elsewhere. Afterall, it's an investment, not a marriage. Till death do us de-list. :) So what actually happends when there are too few to make it viable. Forceably eject them all and close it down or move them onto another exchange? Are there plans laid down for that eventuality?
Si_Derman ref 08.44 post no but the fact that the expenses of maintaining a listing on AIM is causing companies to delist may be causing issues with liquidity as few investors invest in AIM companies. Also if the rate of delisting continues there is the risk of AIM reaching the de minimis level for AIM to remain viable.
Better turn around soonish then as by that time it could be going through the straights of Gibraltor. :) If it maintains it's current speed and direction.
Explains why all news is now delivered by social media, as RNS's cost too much. :) But can you blame the SP performance on the expences of being on AIM?
Still heading towards Gibraltar but still showing Vilanova as her destination due there tomorrow at 11.00am?
This article from CityAM shows that the issues that HARL may have with regards to its SP seem to be shared with other Ex-AIM companies. https://www.cityam.com/aim-delistings-jump-62-per-cent-as-londons-small-cap-market-suffers/?utm_source=CityAM&utm_campaign=b3ed98e9f9-EMAIL_CAMPAIGN_2024_04_22_06_17&utm_medium=email&utm_term=0_-b3ed98e9f9-%5BLIST_EMAIL_ID%5D
Thx
According to the guy that runs the Scilly FB page, who does seem to know about this kind of thing, " She could do the trip on a single tank of fuel @12 knots in 8 days - but that is dependant on weather and crew... they are probably going non-stop to destination as long as they have enough food… they will only be burning 200 litres an hour @ 12 knots and she holds 14m3 of fuel…. So would expect to see her in a south coast port before end of month if all goes to plan"
Well she doesn't appear to be heading back to where she set off from. Progress appears slow, unless I'm misunderstanding.
Will she rest up or just keep going? Dependent on crew ?
No knowledge of this stuff. How far can she travel without refuelling ?
The woes for calmac and fergusons just don't seem to be going away. Hopefully H+W will learn from all the issues that have developed and continue to develop with this contract.
https://www.bbc.co.uk/news/articles/cw074333d2zo
Https://scontent-lhr6-1.xx.fbcdn.net/v/t39.30808-6/436440317_962970465834688_7325880978523470961_n.jpg?_nc_cat=102&ccb=1-7&_nc_sid=5f2048&_nc_ohc=Nw0W8RRb8fsAb4klKcY&_nc_ht=scontent-lhr6-1.xx&oh=00_AfC6dpJl7HuS7Q4AyyG57bGnKB76gugYtAQd2Uk3Da289g&oe=662AFB28
Located that blue building on street view to narrow it down. :)
Yes. Going by the pictures posted on FB she moored up opposite "The Boat Shed" in Penzance. Not sure why all the secrecy at keeping the transponder off and then they go and post pics? Bit of cat and mouse going on with the Steamship Co. I guess. Previously called the Jenna and before that the Arromanches. Lots of pics of her as she was previously on the vessels tracking sites. Even some of her on a Normandy beach.
https://www.marinetraffic.com/en/photos/of/ships/shipid:410683/shipname:JENNA?order=date_uploaded
Si - had a wee look last night and could find the Samson anywhere - have you located her?
Just watched the past track since it left port. Sped up, stopped a few times, did some manouvers and accelerated off again. If it starts doing doughnuts then it's porbably been knicked by joyriders. :) If the secrecy they employed to get the Samson from port to port is used then they might not be providing a destination just yet. At least they have the transponder on so it can be tracked as it progresses along its journey. Seems a bit far out from port to be just sea trials.
Stokey, Vilanova is where it has been all the time since it was first mentioned as the new ferry on the Scrutiny Committee meeting. Seems it left the port around 10:00 this morning.
Broomtree ref 11.41 post vesselfinder is showing the destination as VILANOVA_ALGECIRAS due to arrive on 23 April see here for details https://www.vesselfinder.com/vessels/details/9840013
Appears it may be sea trials
Is on the move but can’t see a destination as yet