Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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@MaryBr190 - I think you right that sale is over for 130s range for today.
@HereHopin: You can get quotes? Which platform you use to buy from if you dont mind me asking.
looks like the sale is over for the day... probably finish back flat or green.
That’s correct Amor.
However, good luck if you can buy any atm - as I am trying to buy more but keep getting put into a buy list for negotiated price. Been trying to get in at 136p but has recovered to 142p atm and still cant a buy in.
GL.
And if we are still holding May 18th we receive another dividend ?
I’m buying more at this price !
The impairment charge, however the reaction seems extreme as it could easily have been expected.
A great entry point.
· Impairment charge of £144m (CoR: 40bps), driven primarily by provision build from higher modelled ECL, including updated macroeconomics and credit bureau data in anticipation of an increase in arrears as the credit cycle continues to normalise
what is causing down fall ?
May 4th! Earnings report
I’ve got a good feeling !
When are the next quarter results?
I think this may be a strong quarter despite current climate, should help push back to 200
the share price seems to be recovering.
Need a few of these
Keefe, Bruyette & Woods raises Virgin Money to 'outperform' - price target 200 pence
1 month til interim results are released. This is looking to be a great buying opportunity in my opinion. This dropped more than the other big banks and will recover just as quickly. 20% gain to be had within a few months
If your plan was to reinvest it then the market and market makers have done you a favour and its just a case of you picking your moment. Was 196p or thereabouts when the 7p dividend was announced. That's some ex-dividend hit.
I get the rationale that being a retail bank makes them more prone to turbulence in unsettled markets but the likes of Metro Bank (MTRO) and One Savings Bank (OSB) don't seem to be taking the same hits.
yes iv got it and now i am 7.5 k down in my investmant sound like **** plan
The 7.5p dividend is due, so has anyone received it yet !
The PRA have asked all banks to report liquidity daily, rather than weekly. At least someone is checking the books.
@Roofer61 - Lol Pay day to Mayday ROFL! Saying that I wonder if the sell offs in May is now changed to March hahah!
Yeah CS and not forgetting the Silicon Valley Bank debacle.
Oh well…will see what tomorrow brings if I will get a leg position in ;)
GLA & ATB.
Yer I thought it was payday aswell , not mayday mayday, to be fair I've seen it alot lower at than today, 125p is, all this been caused by someone asking a question and market didn't like the answer about credit suisse
@Bro-ken-broker - Nice one!
Agreed with CS going down comment!
Luckily not a holder of VMU but been a watcher of this since recent Ex Dividend date….and been keeping track since….looking to get in.
I see the support line 125 back in Sept 2022 on a Weekly Interval chart. If this get back there am definitely in. However, may start a small position if it goes sub 140 tomorrow.
I take it you’re in here? How long you been holding VMU?
Generally invest for 5-10 years so not really bothered what happens inbetween. Smaller banks getting slapped. If credit suisse goes down there will be major problems throughout the sector.
You running at a loss?
Not as yet
Anyone received their Dividend Payment today?
That ‘up’ was short lived eh bro-ken broker. Did you take profits or taken the hit again today?
Banking sector taking a hammering! VMU bearing the brunt the worse.
On the up at last. Good money been made last couple of days in banks.
Just doubled my holding at these prices. Be back at 1.77 in couple weeks minimum. Their last report was that the 2nd half of this year was going to show them even better off than Q1 - and that was good as it was !
Huge falls here. Presumably reflecting greater perceived risk of a run on the bank because of its relative size. Whilst that seems unlikely, I can see why not many buyers are being tempted at the moment even at these prices.