Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Hahaha morses have gone under
https://assetmatch.com/app/OurCompanies/CompanyProfile?companyId=2553
“Following Morses Club's "Result of General Meeting" announcement, the company has appointed Asset Match to provide a secondary trading facility.
The first auction is due to close on Wednesday 15th March 2023 at 4pm. An order book will appear here when orders have been received.”
Sour taste at the back of my throat ;(
Hard parts done, the settlement and route back to lending to eventually grow a profitable book is simple.
That is time folks.
Thats what id imagine happened itisagame afterall
Perhaps Martians have landed on the moon
Maybe the custodian had actually been loaning them out to short sellers and were unable to close their position by buying back the equity so the stock could no be returned .
For £1,000 - you really think that! I found out my broker had sold mine and I hadn’t seen any warning because they can’t hold shares in private companies
seemsl ike he wanted out and blamed someone else
Lol very odd indeed!
nm
Tax deductible
There was a really creepy looking guy stood on the bus stop as i walked past, he screaming with tears running down his face i was like you alright mate? He goes yeah iv never been this happy i just bought 3% of the loan company that i owe £80,000 to in missed interest payments.
Bless him but still creepy looking
Sects of believing fanatics are normally deaf to any voice of wisdom from outside.
Let them be with reading self-reassuring mantras.
IG unable to trade just now
It went up to over 2p
why would anyone but this
Wow, you can buy half the company for £70k, might just be worth it...
Existing holders will be diluted 90%. They will need a big backer to come in with the money and in return they will get 90% of the company for that amount of money.
Once Morses delist you can trade Your shares for up to 12 months but will not be entitled to receive any new shares as there will not be any new shares for the public as they are no longer a PLC.
On Wednesday you could buy for around 0.28. The bid today is 0.28 with a 52% spread so would have only broken even.
This recent rise might just be to sucker some buyers in. This wasn't highly shorted so don't think there will be lots of buys later today to close short positions.
This share had it's fun day a few Friday's ago when it went up to 1.4p but I think that's over.
Thanks for posting the links. I guess it's a shot in the dark. If the shares drop to 0.2p before the end of the day I will buy some just for the ride.
Does anyone fully understand the much talked of 20 for 1 refunding? Does it mean that if you hold 100 shares you will be given the option to subscribe for 2,000 more (rights issue)? Has a price been set for this? Or is this a refunding arrangement for a third party to subscribe for new shares thus diluting existing shareholders? if so, has any subscription price been set? Any information gratefully received as this company really shouldn't have a MV below £0.5M.
Niceeeeee
Now it's showing a 0.23p to 0.59p spread. Crazy! If you can buy for less than 0.25p later today I might get some again just to see what happens over the next few years.
But let's not forget that this company has been absolutely trashed by management over the last year or two and the whole thing has been an absolute disaster for long term shareholders. Respect to them and sorry if it seems a bit frivolous to be playing around like this with the company apparently in its death throes.