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If we're calculating our break even point to take account of other investments then I need to sell 7Digital at about £16.87 to recover the investment I've made in my wife over the last 33 years. That one has cost me a fortune ;-)
By my understanding of the situation and I'm not a miner, the DFS is the report that provides the information relating the upgrade of resources within the mine. The DFS will therefore be critical to agreeing the final sale price of EUA should a sale be finalised. I'm assuming that no one outside of the sale process or the Russian authorities knows what's in the latest DFS do they?
Ferg, whatever definition you give each type of trading whether it's shorting, day trading or long term investing, the motive of all is to buy low and sell higher. We all want a low price at the time we purchase and a higher price when we sell. If you think the difference is chalk and cheese then so be it. For me the only difference is timescales. Also, whichever investor you choose to be, the operational performance of the company remains the same so the long term performance of the share price will remain the same so the LTH have nothing to worry about.
Ginge, shorters prey on the shares increasing. No one makes money on the downfall, the shorters see the opportunity for an increase after the downfall and take profits after a short increase. The LTH see the opportunity of a downfall and take larger profits after a longer time.
So your mum might cook a microwave meal in 3 minutes but Gordon Ramsey gets a much nicer meal in a couple of hours.
Ian, shorters don't necessarily don't necessarily destroy company value. A company doesn't become more or less valuable by the length of time an investor holds their shares. It seems you believe too much of the myths created on these boards.
Shorters make a calculated risk on the fluctuation of a share price over a short amount of time. The only difference between a shorter and a LTHer is the timescale. Both buy and sell their holding.
What I can't understand is why so many people on these boards spend soooo much time worrying about what other investors do than they do about their own holding. If you've got your shares and you're happy to hold, why would you care at all if others sell and miss out on profits?
So going off your username of 'isthisawinner' you're only interested in people that say yes? That's a poor way to invest.
What if someone posts something you disagree with but they turn out to be right and you could have saved yourself from a bad investment if you'd listened and considered their views?
The way I look at it we're all on this board for debate and any decent investor will know shares can go up as well as down. If you're only interested in posters that will blow smoke up your ass and look at the positives then you're as guilty as anyone else of trashing the board.
Looking at the negatives is just as big a part of investing as looking at the positives, especially on AIM where the majority of companies do not make any money for investors.
Three very typical replies on a board like this. Rather than reply with the facts that were requested, the poster is dismissed as pointless despite having quoted very valid facts themselves. It seems the 3 replies have come from investors relying on blind faith rather than their own research.
Tri, is that me you're referring to? I half agree and half disagree. 7digital are a B2B company so the entire business model is to rely on the success of their clients. 7digital are never going to offer what Triller offer, they give Triller the capability to offer what they offer. 7digital are part of Triller's backbone.
7digital are aiming to be the world's number one B2B music platform provider if they're not already so as Triller grow, so will 7digital. That will make 7digital very difficult to replace in the future.
I do however agree that looking for more clients is essential for growth of the company but that is exactly what 7digital are already doing. They've grown their client base a lot in the last year or two and continue to do so. The SP will only increase with every new client.
I don't see the Tyson fight as being relevant to the 7Digital SP. It'll raise the profile of Triller a little but I just don't see it impacting 7digital price.
News of new contracts is what we need.
This will definitely go north quickly after today as I've just sold out to jump in on a minnig company that has potential for big short term gains so hopefully MTPH will stay stagnant for another few weeks until I come back again. But if not, enjoy your profits if this takes off.
There was an intraday high of 4.8p when the Triller news broke so I'm expecting confirmation of profitability could push the price back up to that kind of level and hopefully maintain it this time.
I only boarded the ship on Monday so I know I got in far too late for the biggest gains. I've only invested pocket money at 29.5p but wondered who on this board has the lowest average holding.
Anyone still around that bought in under 1p?