Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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" This will go lower from here" (39.34p)
Nickel_Investor
This from you who closed your short at 69p ....hummmmm
This looks very similar to what happened to MTFB in that bad news resulted in some big II's selling at any price, I think there it fell something like 90% on the day, it also never recovered.
downbutnotout - every share can have it's bounce moment but when the fundamentals have become this bad, the larger players are going to sell into any rise. This will go lower from here
anyone remember how Afren bounced? its was awesome.. but don't compare that company to Tullow it had fradulant directors who now in jail.
downbutnotout - course they didn't know this was coming. If they did it would have been down here already !
large players IIs probably already knew what was coming? why did SP hold 140s for so long. if the knew the SP would have gone lower before today..
if the amount of free cash isn't enough over life of assets to cover debt what happens if production declines accelerate even more?
AZVALOR Asset Management bought 3.23% in November - 45.5m shares
They must be seriously p*ssed off .....along with M&G and others
Dbno, pfg was over £20. Its now £4.8 ish. What bounce are you talking about!?
CEO didnt walk he was pushed!
Thank you Nickel, that is very true no bounces throughout the day at all, sorry if you were invested here
Please call the Cliff Rescue!
You must have the deepest pockets to hold all the money to throw at further and future money pits
It's worth a small flutter down here, bit of punt money for a fun gamble.
rainbow chaser here am I? looks like it's falling not rising....
this isn't going to bounce to 60-80p in the current fundamental mess that it's in. What's the rationale for investing? There's too much debt, not even free cash, production visibility now seriously in question.
Got to ask yourself why not intraday bounce today. It's because those on the register are trying to get out as quickly as poss. Afren mk2 a possibility.
he was the same on trx. made a loss and then left. he is a rainbow chaser
Sam can you make up your mind yourself? Or you gonna cry on BB again that you have lost 50% of your monies? Jesus grow some.......
jeez man
If I invested just 10 minutes ago i'm already 7% down...
Nickel you don't think this will bounce to 60-80p then as the drop is over done, it will continue to fall...
20P.
downbutnotout - the large players are scrambling for an exit. That isn't going to be achieved in day 1.
Thanks Nickel
Remember how shares in Provident Financial (PFG) bounced after a big fall..
https://seekingalpha.com/article/4311264-tullow-oil-reanimating-thesis