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Started: Scarfell, 31 May 2024 08:49
Last post: Scarfell, 31 May 2024 08:49
It doesn't take much to push this share price higher, but I am intrigued as to why someone would buy them (today) with the forever saga of a litigation settlement riding over the horizon.
Started: BubbaBubbaBubba, 4 Jan 2024 19:59
Last post: BubbaBubbaBubba, 4 Jan 2024 19:59
Looks investable if your a gambling man and can afford a small postion
you either lose your money or make 300%
Started: Scarfell, 30 Aug 2023 15:59
Last post: Scarfell, 30 Aug 2023 15:59
Someone bought 200,000 of this disaster share - what goes?
Started: davey50, 10 May 2022 22:03
Last post: Willyeckerslike, 29 Aug 2023 10:01
Should add... Watch the price fly now (usually does)
After holding these impossible shares for the last 2 years I finally managed to sell without loss yesterday
Not entirely sure what happened but at opening yesterday (AGM last weekend possibly) the spread appeared favourable enough to promise me a nice 30% gain
On instructing the broker to do so I was given the 'we can't give a definite price' message.. oh well fingers were crossed as I hit the proceed button
20 minutes later I was chuffed to find a lovely 1% gain after fees.... I've been looking at a loss due to spread for 2 years! I was mega chuffed!!
I too am in the 99% loss club, fortunately I only had £100 to invest back then. I've recently stuck a bit more on this horse in the hope that I will get my original stake back but with such a wide spread its bloomn impossible!
Can anyone explain why the spread is so wide? I'm also after an explanation as to why the share price has recently jumped, there's very little press about Tanfield and nothing thats hugely positive... who knows ?!
Good luck all
I must also be one of the one per cent. Here since 2007. Inertia probably explains my position. Regrettably held too long and saw initial profit turn to 99 per cent loss - probably worst ever investment . Cannot understand today's 31 per cent rise on virtually nil trade.
Surely repayment of the expensive loans taken out to continue the legal battle will swallow up the 'massive return' if TAN win ? Even if TAN win, where is the working capital to continue coming from ?
Started: Scarfell, 19 Oct 2022 16:16
Last post: Scarfell, 19 Oct 2022 16:16
Another law firm throws in the towel. Does this mean that the contract with Snorkel is in fact not worth the paper it is written on? The saga will go on but whether any ordinary shareholders will ever benefit is another matter.
Last post: Scarfell, 14 Oct 2022 15:17
I don't have the guts to invest here again, having lost lots to subsidize other peoples lifestyles, but it is looking more hopeful after today's RNS that shareholders might not be stripped of all their investment.
Started: Scarfell, 3 Mar 2022 14:52
Last post: Scarfell, 3 Mar 2022 14:52
Capitalism combined with the legal system at it's worst
Started: bbr391, 15 Oct 2021 10:09
Last post: Mayonnaise, 18 Dec 2021 13:29
11.27 per cent rise on nil volume buys/sells. What's going on?
https://www.prnewswire.com/news-releases/ahern-rentals-inc-announces-intention-to-refinance-301363799.html
Ahern Rentals, Inc. Announces Intention to Refinance $550 million rate of 7.375% Second Priority Senior Secured Notes due 2023
not a company in good shape , maybe why trying to steal the 49%
By Investors makes this cheap .
Will they ever get Snorkel back ?
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Started: bbr391, 14 Sep 2021 17:42
Last post: bunsenburner123, 23 Sep 2021 21:09
NAV of like 11p? How is this so cheap?
One day the snorkelling may be sorted and Tanfield can breathe again.
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A very red day & UP 30% nice.
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Weird trading .
3.5p on the ask is steep.
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A break of 3p could get Interesting .
Although count no chickens etc.
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Started: bbr391, 13 Sep 2021 17:56
Last post: bbr391, 13 Sep 2021 17:56
The Snorkel investment is valued at £19.1m.
Could be worth more on last month`s figures.
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Started: bbr391, 8 Mar 2021 17:41
Last post: bunsenburner123, 11 Sep 2021 20:12
?
Maybe one day .
Perhaps !
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Not showing up yet.
Maybe volume is a good thing
Started: fretfree, 17 May 2021 21:41
Last post: fretfree, 17 May 2021 21:43
Sorry - wrong bulletin board!!!!
Hi all,
Very exciting times!!! I'm a LTH, having bought in at a placing at 60p in 2013. I'm used to seeing PMEs but I don't recall seeing one that was still in place at the end of a day. Can anyone explain what this would mean first thing tomorrow morning? Will it just open late?
British electric van start-up Arrival is set to list on Thursday in a deal that will value the company at around $13bn (£9.48bn).
The Banbury-based firm, which has yet to technically sell a vehicle, will go public on the Nasdaq through a US blank cheque company called CIIG Merger Corp.
Started: Allthatglitters, 15 Jan 2021 15:30
Last post: bbr391, 8 Mar 2021 16:09
Unusual trading continues.
Could be quite a wait til this one gets good news though.
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Investment: £19M
Cap: £3M.
Huge disparity.
Started: bbr391, 29 May 2020 16:04
Last post: bbr391, 7 Mar 2021 08:49
Today`s spread is a Goliath.
A trade at 4p would bode well .
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Maybe the good news is Idling closer .
It`s been quite a wait
do you work for them? because your the only one posting feels odd haha
Maybe the Mms just trying to generate some interest?
They didn't alter the sell price, only the buy & spread.
Rather odd...
strange trades going through today , weren`t they all sells except the last one ? why are they happy to let people out at 3p ?
Started: Scarfell, 26 Jan 2021 15:28
Last post: Scarfell, 26 Jan 2021 15:28
What a sorry saga with such dubious characters involved and to think at one time they had Obama giving them (Smiths Electric Vehicles) grants of over $10 million.
Started: The_new_who, 18 Nov 2020 21:54
Last post: The_new_who, 18 Nov 2020 21:54
what has powered the movement we saw today?
Started: bbr391, 7 May 2020 09:36
Last post: bbr391, 29 May 2020 12:33
Back to 3.5p to sell .
This share is a bit weird , then again Mr M has few too play with .
Soon be 6p and beyond
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We await , the bones to be fleshed.
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Next target a buy at 6p
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Above 5p still eludes us here .
Probably until the cash is received.
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BOOOOM
Second trade above 5p .
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Started: bbr391, 1 May 2020 09:53
Last post: bbr391, 7 May 2020 07:48
Maybe another spurious rise ahead .
Next month .
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Large trade @ 3.65p .
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Share Price: 4.50 Bid: 5.00 Ask: 3.50 Change: 1.75 (63.64%)
Interesting anomalies .
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Only a break of 5p will be unusual .
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Almost double usual trading .
BUY BUY BUY.
14p +
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Started: bbr391, 30 Apr 2020 09:15
Last post: bbr391, 30 Apr 2020 09:39
A sell at 2.54p . Is a mighty Improvement on monday`s 2p .
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4.25 will be Our next Nemesis to Climb .
An RNS should provide traction here .
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Started: bbr391, 23 Apr 2020 08:37
Last post: bbr391, 29 Apr 2020 11:27
Can that high of 4.95 be eclipsed ?
Not today .
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Two trades already .
It`s almost a gold rush.
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One assumes the cash from Xtreme will be with us before the year`s end .
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Spread equalisation at 2.75p approx .
Maybe up to 3p today .
The climb to 14p plus continues .
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3.15p Paid .
Not far til 14p + .
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Started: bbr391, 23 Apr 2020 08:19
Last post: bbr391, 23 Apr 2020 08:19
As the US Proceedings have been brought against Tanfield, it is evident that Don Ahern, the owner of Xtreme, wishes to own 100% of Snorkel International. However, based on the statement within the US Proceedings, it is evident that Don Ahern does not believe he should have to pay anything in order to acquire Tanfield's 49% interest in Snorkel International. One possible outcome is that Tanfield continues to hold its 49% interest for the foreseeable future however, the Board do not believe such a scenario would be in the best interest of shareholders and, should it become necessary, would consider options that may assist in moving from this position.
The Board has reviewed the historic financial information, along with the global industrial and aerial work platform market conditions and has concluded it is appropriate to value Tanfield's investment in Snorkel International based on what the Board understands are the contractual arrangements and so at an amount based on the Preferred Interest amount of £19.1m.
Smith vehicles may have some value ... Ha Ha
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Started: bbr391, 15 Apr 2020 10:37
Last post: bbr391, 21 Apr 2020 11:54
Narrowed to 56% today .
Must be soon.
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Wait for the chink chink of cash In the Bank .
Soon .
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Odd
Share Price: 3.24 Bid: 2.02 Ask: 3.48
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Volume remains light .
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For the continuing upswing .
Spread remains very very touchy .
Handle with care .
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Spread is quite large.
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