Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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When the delist vote fails, I’ll enjoy the major spike in SP :)
Tomorrow will be an interesting day, there will be many sitting on the fence thinking shall I stay or shall I pull it out, there will be money going into this tomorrow as a day trade and some other investors convinced that the vote won’t go through and the price will rise much higher. I don’t think we will see this fall tomorrow it will be traded hard tomorrow and Tuesday I’m going to say it will touch the 7s in the next coupe of days if not higher.
And there you have it in a nutshell! Some people think it will delist and others don't. Beware of binary outcomes because whatever happens, the price will either rise or fall sharply on their respective results. It might be wise to de-risk before then.
We shall see what happens on the 14th. Still confident it won’t delist…imho
Lastly, not sure if I’m correct in assuming if no Tr1’s have been declared this means the directors have not been buying in large volumes. Which means they don’t have enough shares to pass this through themselves.
Lth’s will not vote in favour of a delist!
If I’m wrong please correct me.
Imho.
40% of 73m shares in issue is approx 29 million. Apart from the bod I don’t believe shareholders will vote in favour of a delist.
So for the bod to buy 25-30 millions shares would be difficult as I don’t believe there is that much free float available.
All in my honest opinion. Dyor.
Doubt it’ll go to 1p and pretty confident the share will not delist. The company has approx 35% in favour of delist thus needing another 40% in their favour which I don’t believe will happen.
Imho.
I have a chunk in here and hoping for a decent pension so I can give up work and retire. The 7p mob seem to have dissolved. Where is the reality mob? Really can it go to 1 p? Concerned as are my grandkids. Helpful advice always welcome.
Your all wrong in my opinion but we wait and see next week.
If it was a lost cause we’d be sitting at 1p now and not next week!
What will the SP be when the vote goes against the delist?
See Jock doesn't reply,he posts incorrect information, for what reason,only he knows why(he obviously only works 8/4.30!)
If KD has enough shares to delist,he will not need to pick anymore up,matched facility = worthless shares
How's that 7 pence chart looking Jock?
Wrong,Jockstrap They do not need 40% of the shares in issue on top of what they have
...too many smartasses talking utter *******s on here
Good riddance to rampers like you Jockstrap... trying to lull people with **** forecasts about how this is going to take off constantly, and giving people false hope.
They need over 40% of the issued share capital
On top of what they and associates have
I can’t see it being done now. They will fail imo.
Reading the RNS again I take issue with the presumptive
wording that they’ve assumed in their favour it’s a done deal.
Very bad indeed the cheek of the BOD here is something else
Let’s squeeze it tight next week when there’s going to be a massive
Spike up imo
All been an exercise today
They need volume but holders aren’t
Letting go only crumbs collected again
Springing back into close and expectation of
Finishing in 5’s well done to those that didn’t give them up
On the fake drop
I think this will push up now for a good close say 5.5.30 ?
I'm self employed, avoid paying tax xxx
Nothing is certain apart from death and taxes…..
This will push up end of day for certain
And one for the filter bin
Hello and goodbye Mally
They are trying to widen the spread on the Bid side sliding it down
Anyone who falls for it is green
This is their tactic to collect working on panic/bored investors
Who can’t wait even a whole day
Resist Resist Resist
I'm here for the explosion
This is going to have one final push , there are many in at 6.5 to 7.5p they will push at this if not today early next week so some can get out