The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Finally! This market cap (£1.7m or so) is a joke compared NPV of $122m for Paradox.
DS and JB haven't been brought it to continue diluting this into oblivion. They'll have a plan to release value.
Hopefully we see some director buys soon from the two of them... :P
Lots of work been completed for paradox drill, just need funding partner sorted (which DS and JB will be working hard on) and this will rocket imho.
Buy now before the price doubles (or more).
That would be telling but watch out and do not be too greedy here.
How do you know?
For the opening bell. Let the massive bounce commence.
This is a bit like the grand national for me, my horse fell, like the sp ever since I've bought in.
Every time I decide to put a few quid in, it falls a bit more.
Doing well, I think my average is only about 6.8p now.
My last post was a bit of a joke. Like this share although no laughing matter.
If you lost out on the Grand National never fear. Place your bets here.
just get the placing done already. Only a matter of time.
Indeed and. I would not be surprised if AAOG makes a move
JB has a proven background of top deal making and asset purchases. It just takes time to get things moving but hes military precision and his past CV is proof!!
Do not be too harsh on Idiens. Yes his salary is too high and he hit a dead end with the funding but he has kept ROSE going through a difficult time where others have failed. He has fine tuned a ready to drill asset with a high COS. I am in AAOG as well and with their delays, over budget well and big dilutions I am not totally convinced they will be any better.
That's why the SP is so low but they've got the A team in now with JB heading a deal. £5m million looks a sensible speculative MC for this stock!!
I think you would all have have a hard time searching for a more inept CEO than Idiens.
Yes treat this as fun punt. This could easily do a COPL because the MCAP is so low. Those who wait and are less greedy may do better. Of course I will have another fun punt and I have indeed already started to load up. Remember if you invest your ISA allowance here you cannot get tax relief for your capital losses. Luckily I held my shares in a normal trading account and I can use them against the gain on my Bermudan apartment. Good luck all.
I won't give advice nor tell anyone what to do either but at £1.5m MC theres not much downside imho, so good luck with your short from here. Cheers
Great! I miss ssb. Every stock needs a pantomime horse..
Angela its got a £1.5m MC .....where do u want to go from there.....this is worth a punt of anyone's money at that MC imho ,especially with JB behind the scenes. Great asset just needs the right man to cut the deal. I'm in for a fun grand, just for fun as a recovery play. This asset is worth much much more than £1m so big upside and don't believe JB would of got involved if it wasn't an easy fix. In fact I would think the deal is already known just needs putting in black and white !!!
No there isn't tbh mate, I've pressed this point with the company so fingers crossed.
Is there anything stopping Mr Sefton and co. Picking up any shares? Have to feel if he was to take on a decent chunk it would be brilliant for a shift sentiment.
Haha he did not! But I guess, as a relatively new holder, I have him to thank for this entry opportunity...
Multi-bags lie ahead with the right direction and news flow. Bring it on.
I guess southseabubble finally got a ban from here, otherwise he would be jumping on your post.
Either that or he has been reassigned to trash some other share.
Did Idiens say the he was responsible for the previous history here? Or that his obscene salary, given his abject performance, was a massive red flag to investors?
CAR3Y And he is a real Saint to do so. Best wishes to you all. This will come good. Keep on motoring. The new guys will be a new start. I will load up again.
There's big changes going on at ROSE as you can tell by the recent appointments of DS and JB. Yes it's a risky play, but from this market cap the upside is tremendous if/when they finally release something tangible. Currently just a £1.5m market cap FFS!! Idiens stated at UKIS that if this were to re-float with none of its history they'd list this at £30m m/cap with a £10m fund raise... shows how crazy cheap this is now (the board's own doing).
DS and JB have various contacts to help bring expedite matter at Paradox. Judging by the interview, maybe MI is about to stop procrastinating and shareholders will FINALLY see some true value here.
You imagine wrong potatoman, although this is hardly the place to discuss such matters, as posts get deleted as of late, but the shareholder in question has been known to post here, and I’ve known him since secondary school.
I watched the video again last night and noticed a very noticeable wince from MI when the interviewer floated the fact that Sefton had been appointed at the request of 'leading shareholder(s). I wonder who the shareholder was to at last initiate the appointments and board changes - I would imagine an institution who perhaps has the corporate weight and city contacts to drive such change? MI's casual demeanour in his most recent interviews is in marked contrast to this interview - suited and booted this time around...