Xtract Share Price (XTR)

Sanderson Capital Partners Limited are, essentially, the same comapny as BEAUFORT....

https://beta.companieshouse.gov.uk/company/08203248

May be the simplest explanation why the sp is falling is because the last alluvial figures were not good and raised trust issues (again). CB implied or at least gave the impression Q3 would be, at the very least reasonable, however, the production figures were the worst ever .

May be that put doubt in the minds of some that the CB's future income figures or timescales may not be met and it will take longer than anticipated for the rerate to happen. QED they sell now - no doubt keeping an eye on events here to come back as soon as those things CB keeps saying will happen- actually do start to happen.

I am curious about the 14% (62m shares) stake held by Sanderson, where did they get this stake from, note that they had previous links to Beaufort Securities. I do not think it came from the last placing.

Sanderson RNS'ed this position on 2nd September saying the transaction completed on the 25th August - the placing of 83m shares took place one month earlier and there was no mention of a major investor taking 75% of the stock.

Since this stake was declared the share price has been in perpetual decline with some very large sell trades hitting the bid, some speculation on ADV$N that Sanderson are not in the most healthy financial position.

I am a little concerned about this position, where did the stake come from, was it acquired through the Beaufort administration process, it was not bought on market for certain and I am convinced it was not acquired via the placing or Bird would have said so and I believe it would have been part of that RNS.

I suppose when a share price is falling people have conspiracy theories, but anything to do with Beaufort gives me the creeps.

Bulletin Board Heroes, Friday 15th November 2019 @ZaksTradersCafe Video Charting update

A good choice today #BulletinBoardHeroes from Zak #I3E #AFC #AST #ECO #EUA #INSP #KOOV #ORCP #TSTR & #XTR

https://twitter.com/Share_Talk/status/1195327521941790720

https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-15th-november-2019/?utm_source=twitter&utm_medium&utm_campaign … via @share_talk

You mentioning Yorkville made me shudder Little wing. Please don't use such a word here again :-)

Fine post Andrew and 'can we believe everything he says all the time' made me laugh: NO, CATEGORICALLY (IMHO) At this stage, some would even say 'can be believe anything he says any of the time'.. but not me, in fairness.. as I actually have a good feeling about him and xtr for 2020. And at a few million market cap there is large room for upside if he/they deliver anything like they could in anything like the latest timeframes he offers.

(PS; If Amerisur sell out completes soon - and it should - and this is still under 1p, I'll meaningfully top up here.)