Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I’m new here so is good or bad for us?thanks
I'll probably look to get back in if it drops to around 5p too
warrants issued at 5p. No doubt these have already been sold into the market by the market makers at double that.
There is still no sign on the shares being suspended or no up to date news on companies looking to do a deal.
Its speculation again,but my opinion it should go down to 5.35 somewhere where was rise line.. its good entry near 5p. Dont buy a lot guys its russian roulette. At the moment we are investing in dream ,not into real product or building.
I expect second rise wave after it settles down to 4-5p.
Its only my opinion..dont take it for real money
I find it hard to take this thread seriously. Did these people really buy shares in this company without the faintest idea what an RTO or a cash shell is?
As someone said, it's gambling. Like the horses, you may have some idea of likely form to guide your bet. But it's a murly business.
Mainly, try and get in cheap so odds are in your favour. Cash shells are common on AIM. Don't buy on the spike.
Not easy sometimes sitting on a paper loss. The few times i've sold on a loss, the share has grown legs and flown a few months later! Stopped doing it now and learnt to just forget about them, and research the next share i'll be adding to my portfolio. If you are in SYME or EUA you really have to learn patience
Tyslee - this was always going to be a bubble. You should have done some research before spending money on shares.
@markthefish thanks for ur opinion hope we will get our reward I have around 61000 share on them hope it will reward us hope will not drop till 0 !
@Tyslee. IMO this is always a high risk, but also potentially a high reward. I hold 5000 shares and i am prepared to speculate and possibly lose this amount (would rather not) however theres a good chance of making some decent profit here. No reason that it won't surpass your price. Not easy, but i'd just sit on your hands for now or have a top up to bring your average down.
I’m newbie here is there any chance will go back up?I bought them on heights 0.14
One month now since the listing went public, I BELIEVE thats us out of the waiting period pre RTO, so its fair game now, this week or next still for me :-)
From the "UPS" thread ....
KEEP an EYE
PNPL 7.75p (7.50 - 8p )
Good level 2 veery good on the bid only 1 at offer
retracement of 61.8% ( magic number )
Paying for sells higher all the time, 7.50 then 7.55, 7.60 and now 7.631p
for buys was 7.79, 7.80 nd now 7.83p
I got in at 5.5p. Got some cash in reserve if it dips to that again, then forget about it and see what happens. Thats the plan anyway!
I am really happy i have closed it near ~0.13 it will go down to 4-5p pretty sure. First wave investment settles now down
Its just the speculation of the RTO, there are certain.... waiting periods before much can be said, so next week or perhaps week after there should be more news.
Could someone explain whether Pineapple inc has anything to do with the UK one. As PNLP inc is up over 233% so far today.
Also invested here, haven't been able to understand the rapid growth of this share in the last seven days.
Other than speculation of an RTO is there something I am missing?
Ah ok thanks for the explanation!!!
Reverse take over, basically they offer themselves like a wrapper for a private company to list on the stock exchange without going through the normal IPO process. Saves alot of time and money, makes a clean cash shell like this very attractive.
I am sure in years to come the government will crack down on these, it feels wrong, like scalping tickets outside a football ground
Excuse my ignorance but what is RTO? and what does that mean?
For me I took out my initial investment this week when 13p+ so this is a free ride for me.
Thanks.
Im expecting it to go blue for the weekend, next week we should see this stock suspended for RTO :-)
Nice to see