Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
eh. I think I'll be better off taking advice from someone else than you, who has only held on them since Thursday/Friday, and who had no clue on what you were buying into.
Honestly though - isn't it a bit silly to base on a BB to put your money in an investment? Does it then matter if the LSE BB is at the first page of Google? What happened to the entire DYOR, Ian?
I honestly don't get why every word of caution on this BB is starting to be seen as "unwanted negative looking posts". Pray tell me, how are all these unusually optimistic posts not reminiscent of those blind rampers? It's really scary that everyone's starting to sound like jonesrichard.
I hold enough stock at a 6ish pence average and sure I do hope for a good outcome, and I have and intend to hold it long term. But it is never a bad thing to have a healthy level of scepticism that for a private investor, buying in at 20p might not be the smartest thing to do. We don't know how flanks will go. What if it goes like Barrick's Fedorova Tundra, which can't seem to get over the institutional problems with the Russian authorities? Will anyone here be responsible for egging newbies on in buying more that cause them a loss, if we do end up at 10p? What if it goes like SOU or SXX? MT hasn't been developed, why are we expecting someone would pay a NAP-like premium for the resource?
Seriously, get a grip of your own hysteria. Yes we would all like to be rich. I would totally like £1.50 per share, or more. But putting emotions into investing is a horribly bad idea and I hope everyone gets a grip on it.
No, no. Moneymaker's got a point. People touted Ophir on the BBs saying it can't sell for less than £10, and it got sold for 55p. For £500m for everything which is way less than what it sold some of its assets (Tanzania, for £1+b) prior for.
We can all hope for a price, but if there's no buyer taking it all off us, it's really meaningless to talk about hypotheticals.
Thanks for saying what I wanted to say, aandi.
The amount of rampy messages here, especially from newbies, are getting me spooked. If I didn't know any better from months of following EUA I would have taken profit and sold out.
hello fellow Bristol resident.
nope, we weren't. I'm quite sure because I just looked at disbelief when it went up from 3p onwards and topped up along the way. IIRC, the closing price on day prior was higher than the final suspension price.
It's not about politeness or crabbiness. When new posters turn up en masse all asking the same question over and over again for some easy punt they want in, it invariably makes people ****ed off for very good reasons.
Really, what happened to Googling around and DYOR?
I think TDT's just sore that EUA is doing so well while AMC, not so much. I have a very tiny 12k holding in AMC (bought at 1p) so I do hope both do well. But it's a matter of fact AMC's future (if any) is way down the line and TDT's just really annoyed he didn't got onto the EUA train as much as he wanted to. Or feeling frustrated that AMC as another Russian mining company doesn't have the fortune EUA has.
I agree. Had to throw quite a lot of names in the Filter box today.
And people asking to be spoon-fed information when the ACF report has been reposted over and over again today - was a pain to read the BB today, really. do people still ever do their own research?
Flanks for flaps, for the share price to go higher!
EUA's sudden rise today has made my investment in it worth almost half of my stock and shares total. Mental! My second largest shareholding - GGP, is only 20% in value compared to EUA.
I did mention I'd be rather happy with 37p, but if we're anywhere near £1, I'll probably have at least £100k after tax from EUA alone and that really could set me up well at age 23. My only regret is being a bit too prudent with EUA, and topping up as I saw it rise from 3p onwards to 6p. Anyhow, I'm glad I did rather than chicken out.
I must say - well played to the BOD. Having the FSP ongoing while releasing news to un-suspend the share really forces anyone beyond 1% to declare. I did air my worries about a chaotic un-suspension, and share gobbling, but I think I'm quite wrong. If we're seeing 12.2p on the first day (which I didn't expect, honestly), I think the price is going to get pushed up further as Tipil RNS news comes through, then MT flanks (fingers crossed!) I think the BOD has a really nice price they're looking for, and I trust their shrewdness (proved time after time again) to get us some tidy $.
well well, if I had a crystal ball, I'd would have bought more VIX options in March; way more EUA and GGP earlier on; and throw loads of $ on March 27.
No one here has an answer on when we get takeover news (or not), so there's really no point asking such questions again and again.
If anything I learnt from going to uni (I'm just about graduate, so my knowledge is fresh), is that the typical fast-fashion clientele that would be involved in all that cancel culture and stuff will conveniently forget all sorts of transgressions when they stand to benefit from it (cheap clothing). Hell, most people don't care, and I'm in a uni which is rather left-leaning.
The reputational harm to Boohoo is over-emphasised. If they get fined for their stuff in the UK, they will pay the fine and just outsource it a la Primark style, and the same margins will be maintained, or even for more. They have 240m net cash as per May and it's likely Boohoo would use it to get its house in order than to fund more acquisitions (as they were thinking previously) under these circumstances.
It went up around this time yesterday, so my personal opinion is that it'll go back up and we're past the lows for today.
Not sure about how tomorrow or the day after will be, however. It's really on whether the markets have processed the shock or not. Doesn't help that it's on AIM and sentiments play a huge role on AIM.