Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I sympathise with your 5 figure loss but I'm hesitant to recommend you buy more! It could continue plunging or it might suddenly rocket. It's up to you - be bold and you might see your buy send the SP up 25%!
Currently up 15% in Canada!
Nice to hear from you! I think the share consolidation was a mistake - it was better off as a penny share! Not that the number of shares in issue should make any difference but it seems to. I'm very bullish about Coal at the moment. I read the other day that a falling shale gas price leads to a rising coal price but I don't understand why. And we should never invest in something we don't understand! But Anthracite is a mere 1% of world coal production and is valued accordingly. Good luck!
Forgot to mention that ECX is my joint smallest investment @ 2.3% of my PF. It shares(!) its position with WAS which, coincidentally, also has John Byrne as a Director (unless there's more than one John Byrne). He's enjoyed success in the past so I'm not sure what's gone wrong with ECX and WAS. Both should be multi-baggers from here.
Yes, I'm surprised it's down another 30% since we bought last Thursday. It seems to be off almost every punter's radar despite making regular appearances among the Top Fallers! Sooner or later the herd will pile in and it should rocket.
The 22500 trade is a Buy as I've just averaged down by increasing my holding 9-fold. I was down 91% and now it's only 52% so I'm feeling richer. This company is certainly unloved! Mkt. Cap is £4.73m yet they're sitting on billions of tons of anthracite a.k.a. black gold. Should be highly profitable if all goes according to plan.
Ha! Ha!
Come on you lot! 50 Buys and it will be # 1 Top Riser!
It's currently 900%.
A 700% rise is actually a 20% fall today.
...when it hits £8 again! Is it feasible? Discuss.
But there's still a long way to go before I buy a Lamborghini.
I'm tempted to top-up! :)
Yes, more shares issued would dilute everyone's holding.
...would suggest there's some faith in WAS actually delivering but we need some very positive news before WAS is # 1 Top Riser up 200%.
I increased my holding by 200% today after recommending it to a friend last week and deciding that, just for once, I should follow my own advice! I paid over 2p for my original holding some time ago but when this is a £billion company it won't matter.
Yes, why isn't TRAP twice or even thrice the current SP? This morning TPL was down 6% after announcing revenues up 94% and oil production up 112% - how much good news does Mr Meerkat need? AIM needs more investors - I suspect hundreds of thousands have given up.
...on such a tiny volume. Rest assured, it will work the other way - when HCL announces that revenues have risen 50% I expect the SP to rocket 100% in expectation of much better times to come.
What are brokers for? They take their cut every time we deal but when they're really needed they're useless! "Confirmation from the company" is irrelevant! Either AIM shares can be transferred to the ASX or they can't.
Thanks for sharing that with us - hopefully all is not lost and AIM shareholders can transfer their holdings to the ASX where, unfortunately, the shares are still suspended. :( This whole business has been a lesson to me i.e. don't put too many eggs in one basket! What seems like a no-brainer can soon turn sour and once you're locked in your money is in suspended animation.