Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hopefully, however I think the Annual Report will push things on even more. Bidders will have the current data which is invaluable for them to make a decision. Expect some big boy movements tomorrow. If they are buys then we know things will be moving on positively. Currently we are on day 13 so only 15 days left on the clock. Things should heat soon or Black Sea will get a clear run.
Does anyone now if any other trades went through today? The price movements are completely out of sync with the trade info. I think things will hot up now with the Annual Report. This is just the information a bidder needs.
http://www.iii.co.uk/investment/detail/?display=news&code=cotn:RTY.L&action=article&articleid=7294440 Will this hot things up? Some good some not so good.
Let the MMs play games. Until the situation changes I´m holding. Tomorrow or Friday I am sure the next monthly report will be out showing that they are still collecting rents and that the NAV is still good. The bid from Black Sea is still on the table and I expect that if any others bidders are going to come forward they will do soon. Count the days since the Black Sea bid went on the table. It is a strong offer - cash it could take some beating. What would you prefer a Cash Offer or Equity Swap?
That's ok at least you are doing the right thing by thoroughly researching your targets first and avoiding rampings. One newbie on here bought Inchcape at 76p on a rise the day before a 19:1 share dilution and work up the next morning to find the share price at 12p. They lost 83% overnight and now need to wait ages until the share price rises back up to that level
Don't worry about having to sit for a while on this share. They are in short supply so the price will be volatile. It maybe wise in the future to find a safe underperforming share without debts and bank money into it. This way if one of your high risk plays goes wrong then you won't lose everything. Alternatively keep some in cash so that you can dummy buy and sell on your holdings and see a truer picture of the situation when share prices are moving around rapidly.
I've been trading since Nov last year. Currently holding this due to the takeover and PDF as a long-term safe house share. The offer from Black Sea Global is still listed and has 16 days to run before an offer has to be made or withdrawn. Sit tight for now. Are you holding any other shares at the moment?
I'm certain that you haven't made a mistake and selling out is the biggest rookie mistake. Hold and get your win. Spend your time whilst your waiting researching not just the share but also the black arts of share dealing. Scaring rookies into selling is one of the favourite tricks of a Market Makers (MM) Level 2 is a way of seeing the order book and positions of the Market Makers. Many sites provide it at a cost usually about £20. How long have you been trading?
Wiess scooped a few this morning so if you don't top up tomorrow one of the big boys will. Watch for RNSs in the coming days. I don't think Wiess was an isolated top up.
Big boys purchase of 150,000
Watch for RNSs
Good call 150,000 Wiess Management Capital. http://www.iii.co.uk/investment/detail/?display=news&code=cotn:RTY.L&action=article&articleid=7290888
We'll see if the buys come in. However, the reporting on this share has been irratic at best. See if in the coming days there is any movement from the big boys. Any big increases in buys from them is a signal that there is an advancement on the way.
Yep, only 114,000 were sells of big boys and i made some PIs jump. Big Boys bought at 4.5p sell at 9.25p and can then buy back at 8p with the same proceeds from the earlier sell and they win with extra.
Not entirely, NAV remains the same and the takeover rules state that the bid has to equal or exceed the highest buy price within 3 months. So at the very minimum it should 12.5p but going by the NAV which is unchanged between 22p and 46.6p depending on your calculations
MMs want to scare you into selling. They even send their wicked agents on here to deramp and say its going bust. They aren't getting my shares though, Business are still renting and RTY are still paying the bills. Black Sea Global still has its bid in the table, no big boys sold a share today so I'm holding.
My fastrade shows 7.75p sell price but I just looked on LSE and it said 5.5p. MMs must either be trying to frighten PIs into selling or want to prevent buying by widening the spread. Tomorrow should see the latest monthly report so we can all read what the lastest is with rty.
Looks like from my untrained eye that the share capitulated at 14.38 since then they have been all buys even though small ones
Just checked takeover panel disclosure list and Rutley are on there still so no panic. Will check Interactive Investor later to see if there are any significant changes in the holdings but I doubt it. If the price does drop any more I can the the big boys swooping in again.
Check the PDF bb you will see I'm a regular poster also I would recommend PDL if you are into diamonds. May 18th is the sale of the Cullinan Diamonds - very rare blue diamonds with centre stage a 7.3ct flawless worth $5.5 - $8.5m