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and why not news due in less than 2 weeks
...rather uneventful day passes! Our day is coming, patience is the key, GLA
could we be in for a nice re rating BEFORE the news? or woll we have to wait until after?
RUR are intending to pay off their loan by the end of March..why would be before?? note there was a 500k buy on Friday
Come on Mr Earl, wake us up with good news!!!!
i think everyone has missed the trick here.... they payment is not expected until the end of this month.... read the RUR rns "The combined loans are now £550,000 and will be repaid on 31 March 2015 from the proceeds of the contracted sale of a controlling equity stake in Rurelec's Canchayllo hydroelectric plant in Peru. Rurelec is due to receive net proceeds of US $6.5 million from this sale during the course of March. " "Rurelec will now be making the previously announced payment to IPSA Group PLC from the proceeds of US $6.5 million."
price has nt moved....
m e it was only showing around 8.4% yesterday? possibly changing throughout the day
just have to wait for news..... looks at FRM today...it received a cash lump that was expected but jumped 70% plus on the actual receipt... until the cash is in the IPSA piggy bank (and on its way to pay the debt) then the market will tread water as the mms exploit the thin volume as people swing between optimism and pessimism..... 20 days left of March,,,,,
Been like that the last few days lol
17.24%, is that a sign of something?
Hi Kline, good to hear from you! lets hope the payment is soon then! the bigger picture stuff for me is the confirmation of the contract extensions in South Africa, GLA
A strong buy as more cash than the IPSA SP is due so hardly any sales and the offer price is too low.Worth buying though as a bounce will come when cash is paid in March.GL.
for a few days, what are peoples thoughts????
Hope it comes before my holiday on the 27th!
and our cash coming..!
Where's that -0.05p in Blue gone, the uplift for the 500k x Buy, I believe? Ooops! I see, we have had our first trade for the day, a 'Sell' of c2000 x shares, WOW!
Let's hope news is on it's way, big buy nonetheless.
told you delayed buy 500k 1 hour delayed.... news coming soon!
yep only trades showing are sells too so a buy order is being worked or a delayed buy.....
no trades showing but sp still ticking up.. not that im complaining!
of course however if we don't get it RUR will not have received their 6.5 mill usd...all down to the buyer of their asset to pay - and RUR would have pretty fool hardy to make an announcement like they did without having a large degree of confidence it was coming this month,,,,
we hope!
seemingly on trades buy limit is down so perhaps a delayed trade will appear 3.2 gbp mill coming any time this month
There is much more upside potential with IPSA than downside as the SP is near it's low point.GL.