Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I'm the other way, Woodlesford.
Lunchboxbill - next village, Sherburn.
HBomb5 - 'Gin love the 40p you have in mind'
And I'd love it all the more if I thought it would happen, but as the saying goes 'if it seems to good to be true...'
Even though the SP would have to increase by a gazillion % (daren't work it out), no-one would be as smug as me if it did.
I'd probably be incontinent too, but at least I wouldn't care!
I forgot to add last night that 2.4BN doesn't include the rest of September still to come
Agreed most people buy and hold its only small number that buy/sell continually
Gin love the 40p you have in mind
" Intrestingly 2.4BN shares have changed hands between July and September "
HBomb5
I suspect that in reality it is quite probably the same small % of shares being traded over and over again........the "majority" of shares probably havent traded....at all...
HBomb5 - I noticed that about the charts too and found it very encouraging.
I also have a target 'get out' price, and although I intend to hang around for a fair few years, I'm not sure how realistic approx 40p per share is! If it ever did get that high, we could move house, buy another property outright and have a decent amount to put towards the 'retire as early as I possibly can' fund! However, it's easy to get carried away, so sometimes I really have talk myself down from time to time and try to be more realistic.
Lombard Odier obviously see a decent profit to be made in this share, hopefully they and other large investors will mop up even more shares.
Patience is a virtue, but sadly it's one I don't have!
Just over 7.03BN shares in issue now of which 5.8BN came as part of the recent placing.
Intrestingly 2.4BN shares have changed hands between July and September and another 1.7BN in June though some of this will have been old stock as placing shares were not issued until after GM on 9/6 a took a while to hit peoples accounts.
Not much of a chartist but both 3 and 6 month charts on here are starting to look like we are going to give the 0.4p level a bash at some point.
At the end of the day good new flow will drive any share price higher and lack of it the price generally tends to drift. I have a target price in mind but its way higher that the current market price if it take a year or two to get their so be it but thats also why I have bought the bulk in ISA wrappers.
Those Spreadex punters selling out at 40%+ return good luck to them, its never bad to press bank every now and then. Personally I'm more intrested in what Lombard Odier are doing than Spreadex as they came in for 11.88% of the last placing and with market purchases are now up at 16.02%, if they continue buying over the next few weeks/months I'm guessing they may settle at around the 20% shareholding mark. It would be nice for 1-2 of the other insitutional holders to add to their holdings or have some new names pop up on the register.
GLA
Thanks ChrissyDude
So from my understanding all these 5.8 billion shares were purchased at 0.25 and the remaining 2 billion shares were bought before this at a certain time in the past for much more £
raised £14.6mil - 4,800,026,212 shares
now 5.84 billion share in total
How local StuoftheToon?
Thanks for this! But the total of shares in issue is 7 billion. You mean out of these 7 billion, 5 billion were purchased at 0.25?
Andysmi - I think it was over 5 billion shares
How Much do you reckon was bought at 0.25?
That would be great, and at this moment in time, I don't see any reason why that couldn't happen.
I wouldn't be far off breaking even either - I'm sick of seeing my numbers in red!
Positives, a month ago this was 0.31, today bobbing around 0.37; we really could see 0.5 before the year end. GLA from JJ
Not when they bought at 0.25! G
Spreadex took part in the placement, They are clearing 40%
I think they're known for this aren't they?
Personally I wish they'd sell up once and for all, but at least it's nice to see the SP going in the right direction.
I'm hopeful that there will be plenty of new investors in the future who will be booting themselves in the shins for not investing in TRX sooner - and they'll still be getting a bargain :-)
Did Spreadex make a profit from selling? Must have been tiny profit.
0.36 to sell
0.38 to buy
Hopefully to see 0.4 soon.
Spreadex
Positioned 17th June - 5.27%
Today - 4.66%
Did they make a profit from selling the 0.5%? Must be very tiny profit.
Spreadex down 0.5%. Sooner we get shot of them the better. Every share I have invested in they sell on the slightest profit into every rise.
Could we see 0.5p by the end of 2020? Its time for this business to find favour with serious investors. JJ
Well said Pokerchips......snowflake reporters / headline grabbers......and scientists who have absolutely no common sense. The scientists become so focused on analysing data they become obsessed with it.......the computer says NO springs to mind. Apologizes for the rant and no doubt many will disagree, however, my mind is well and truly made up.
GLA
Guys
Here is a link to the TEXAS statistics for covid
https://txdshs.maps.arcgis.com/apps/opsdashboard/index.html#/ed483ecd702b4298ab01e8b9cafc8b83
You will see that
of the 663,445 reported cases over the last 6 months or so - at my snapshot just now
87.6% have recovered (581,204) *estimated
10.2% of the reported total are still active cases (68,030) *estimated
2.1% of the total reported have died of covid related illness (14,211)
The media of course doesnt talk at all about recovery rates.... or the actual number of active cases
They just want you to see the TOTAL of positive cases over the last 6 months and how bad that looks
I would make a guess that in hospitals in Texas and elsewhere the % of beds used for covid cases has declined and other operations and care are recovering ....to which TRX will once again benefit
Now, the population of Texas is about 29million...so.... the active number of covid cases is .... 0.13% of the population !!!
They don't pay enough!