Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Meant for JL, he seemed so sentimental for a non holder jumped boat last minute
Me? No...I meant I am out of the stock market now...SPHR is my only holding but it is not on the stock market anymore...
So you jumped boat after all? It is just about to get more exciting
I'm out too.. This is my only holding now.... Will invest in a lotto ticket from here on in each week...:-)
It's been nice knowing all the longterm holders on this board who to a man have borne this disaster with good grace and sometimes cheerfulness. We deserved more, a lot more. However a new Dawn breaks a second chance given to those who still believe. I pray that our fortitude will be rewarded in time. Good luck in your battles with the market and may they be profitable. As for me that's it. I have had a long innings from my first Bank share in the '60's ending in this failure. I'd have liked to pull stumps on a winner, alas not to be. Good luck guys recovery may be just a share away.
There's a deathly hush in Sphere tonight the last man's in and more to make a bumpy pitch and a blinding light as Sphere heads to the nowhere site. Oh how we rung our hands in hope our Captain hands sodden red he smote....play up, play up and play the game he wrote! The sand of the desert is Proxima red the stock is jammed and the captains dead...yet investors cry "play up and play the game" And none that hear dare forget that England's far and Proxima is but just a name.... a name. This is the word that year by year every son must hear and none that hear dare forget Proxima is the game...a game. Over the seas and yonder Proxima divides and conquer the voices of investors cry......"Play up, play up and play the game!".... As the final curtain falls an uncertain future ahead those a bed pray Proxima like a torch in flame shouts play up! play up! and play the game! (Aplogies to my mate Henry) (Apologies to my mate Henry).
So thats that!!!
Think it would be fitting for you to have the last word on this site ahead of its expected closure overnight...... Incidentally I can buy at 0.44 ! But decided stay away.
Octopuz Market men , you've either joking or never been down a market , men selling fruit and veg from their barrows/market stalls , in days of old when knights were bold , the market stalls had wheels on ..joking apart Del's post last night look real tempting but I've resisted!
Trust holding this longer whilst delisted with the, Capital affordable to lose if worst happens but got to be, Patient enough to stick longer with, Woodford
Who is Barrow you keep banging about?
Wanna leave an impression zoctopuz?....try the "Hollywood walk of fame' while your at it have a word with SVB ther'e just round the corner.
would love to leave an impression here by close of play.
Endangered species caged in fright shot in cold blood nowhere to flight the stage is set now pay the price you pull the hammer without a care. No contest nowhere to run no more left only one.....this is it.....be a man!
Ground breaking device. It's like the share price--garbage.
Now if the company had have been called sphericals then I would not have invested in it.
I'm not investing , but will be watching with interest , good luck .
Well I sure didn't invest in the CPS/Warrant option. As you say geared for the iis who W will 'look after' An excellent method of side lining pis. I doubt W is best pleased to see the nos of pis on his register! Pretty sure he thought he'd shafted us good'n proper! Any ideas what % of stock we own? My guess could be 20%....
The warrants give me some hope that we may get some updates...although they are really only geared for Woodford/Wales fund...as I would be very surprised if anybody else took CPS. Not sure if we would be informed of any take up of warrants..
Yup agree the 8% on the CPS is payable from year one in shares. So c 177k at 8% over 3y would give you c 25% more shares. Warrants pro rata to your CPS holding at same (2.822) price exercisable up to Oct'18. Problem is what would the warrants be worth and whose making the price/market in them?...Matched?
I was watching on Quest yesterday they were showing the manufacture of cash machines , and all the latest tech , skimming was the main cause of fraud , the new machines now emits a blocking signal so the skimming devices can't read the cards details , the $5 billion figure came from that program so I'm assuming it's correct
Morning cellis...all. Has been... ever so since whoever invented the stuff thousands of years ago. Don't know about $5Bn stolen from cash machines....whenever I try I get flashed up 'insufficient funds!'
I understood the 8% coupon for the CPS...was been paid each year with shares. And it starts from year one. Could be wrong.
A couple of points on the WPCT. I don't think it was Sphere's decision to delist. They were forced into it by W for good or bad and we will find out in years to come if W made the right call. Logically if they never made it in the listed arena there is little to expect them to succeed in the private. The device is proven the market is not. As someone once said "beware those come bearing gifts".....be it W or Nigerian Princes! We should also factor in that selling the Co or a relist may never happen leaving the Ords stranded due to the two tier share structure which means any dividends will go to the CPS first. I'm betting that any income from divs will be too small to matter due to the huge increase in shares outstanding. Of course if suddenly in '18/19 the whole world wants P I'd be cursing not having some CPS....then again if rev is right we'll be off to the races with 50p shares in our pockets & stuff the div...heh heh heh! (That might happen to you but not a cat in hells chance to me). Today is the last chance for believers to add. I had a moderately good wk/ends betting which allows me to add c 50k shares to my pot of worthless certificates.....good after bad most likely but after so many deals in this stock one final throw of the dice won't make much diff I guess!
Sound like fraud to me , don't touch it with a barge pole , there's too many criminals about , over $ 5 billion was fraudulently stolen via cash machines in the US , keep your money under the pillow or in your sock drawer you've been warned