Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Noted GLENNHOSS, thought I was going mad lol
Bv that looney twists all he posts and all he hears... take it with a pinch the mans a loon
KANDO, I never said this will be £8, please read what I have written, I was merely reflecting on the strength of this business ore pandemic. I note you haven’t commented on any business that hasn’t gone through a rights issue in the travel sector so your very specific on what questions you want to answer. I still think this is a strong business and will fly north when we have a more stable world.
Your right kendo will be a long time for £8 myself iam a small investor in rr 5k and rising so a couple of years to scrape to 2.50 or above have 113 110 and 104 tommorrow who knows when i buy again only a small risk for me personally 3k more over the next month then i will sit it hope each investor do whatever is right for them but i am and have stated in past long term not expecting any miracles a long bumpy road ahead
Bvcxz70
I'm not holding. I've been clear that I thought the share price has further to fall and have said so for the last month.
If you understood it, then it makes your comments very bizarre. Think you need to do as you say, and do more research. If you're waiting for £8 post-rights you'll likely be waiting a terrifically long time. In the entire privatised history of the company it hasn't been valued at a third of that. Equivalent to nearly £22+ pre-RI.
KANDO, I totally understand how a rights issue works pal. If you ain’t happy, hit the sell button, it’s next to the buy. See ya
You don't seem to understand how a rights issue dilutes the share price bvcxz70.
There are now far more shares in circulation, thus it changes the pre-RI equivalent price.
Sorry just one more thing, when investors purchased this stock, unless you had investment advise, you didn’t ask the derampers opinion, so now DYOR and if you don’t feel you want to stay in then of course just leave, the information is out there don’t take my opinion and the opinion of others on here who are deramping the share for their own personal benefit (what they don’t understand is the London Stock Exchange doesn’t look at this forum when forming their opinion).
Kando, in first reply to your rights issue answer, name me one business in the air that hasn’t gone through a rights issue, this is a global pandemic so a rights issue was always going to be on the cards for the travel sector, this is a forgone conclusion, come on get with it. Like I said, you will look back in years to come and wish you’d have stayed in. We’re doing ok and I would say it’s a great time to invest in this great British business IMHO, DYOR though to come to your own conclusions
£2.80 two years ago DYOR lol
£8 - pre-Rights Issue. Important distinction.
We were at over £8 a share pre pandemic, no business has restarted properly yet due to different circumstances in different countries. Bank balances in all travel stock have been hit hard which is a cash driven business. The analogy that older aircraft have been retired is correct, that’s because they are old and don’t reflect the modern era of travel. RR is looking at futuristic engines and moving forward with their business plans, this share will go north at some point and bank balances will be reinforced, the analogy that this business is going down is just not correct and massive deramp. DYOR but one day I genuinely think we will look back at this share and say “I wish I’d have bought and held long term”.