Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Boohoo & Asos are the Amazon of fashion.. Boohoo is just too under-valued..
https://www.thetrendspotter.net/30-best-online-shopping-sites-ladies-budget/
Patanj does your mum know you are here?
Just because you are losing on your shorts doesnt mean you should cry
Anyway you will see who is right tom morning..
This share is a winner.. short - medium - long term.. RR doesnt go anywhere..
:)
£12m filled in with the treeshake in the afternoon!
Before funding issues the SP was £2.50.. now that risk is gone it will be back to that tom.
I predicted 200p few days ago here when SP was 130p btw.
GLA DYOR
Hi Falklandinvestor, what is your calculation please?
At RI, they are giving 10 shares for 32p each for every 3 shares you have on the day. So you will pay 320p for 10 shares that carries same weight of 3 shares now towards the total MarketCap. So its like you are paying 320/3=106.66p at todays shares.
Exactly my point.. buy it less than 106p for almost guaranteed profit.. I am not comparing prices just pointing out what underwriters will be valuing each current share on the RI day.. My opinion is that anything below 200p now is a good price..
10 shares at 32p valued at 320p. To be eligible to this price you need 3 shares so each if your current shares are valued at the RI date at 320/3=106p
i.e. if you are buying any shares now below 106p, you are actually buying it cheaper than RI price.
So why buy above 106p? Well, before any announcement on RI, i.e. while there was still the risk of default, government bailout etc, the share price was being valued by the market around 130p (39p after RI) now this is eliminated by the RI and other loan guarantees etc so what would RR without any default risk be valued at? I would say over 200p (60p after RI)
Once a vaccine is found? I would say 350p(105p after RI)
Once people start flying as before? >500p (150p after RI)
So once getting my 32p shares at RI, I value RR short term 60p, medium term £1, long term £1.50
All in my opinion of course..
Long wait but finally fantastic news! Heron exceeding expectations and no effect of the virus on business! Gov is on Matad’s side and formalities will soon be completed! And a partner is about to join too! Fully funded company as told in the previous RNSs! Massive jump is coming imo for the patient holders! Well done MATD!
Jingle Bells Mongolian Version:
https://m.youtube.com/watch?v=qJkiYNeDsw4&feature=share