Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
100% correct GosiaS
1,816,410 new shares issued to pay an existing debt and that's on top of another 170 million warrants in the pipe
its actually very entertaining reading how AC and his fanatical cheerleaders) always manage to put a positive spin on the borrowings and equity dilutions
like the bit this morning about the creditor expressed that they wanted to be paid in equity rather than cash, however the reality might have been (at the time the debt was due) if there was no free cash to pay it did they really have a choice
no money no likey :-)
who you listen to on the blogs given that you couldn't (and still can't) sell anything in quantity yet you could (and still can) buy as many as you want
OK some might call me a cynic for saying this but I'm sure I can't be the only one thinking that those who have been the most vocal this morning and promoting double digits or multiple bags and 20p plus plus soon are quietly in the background banking their 20 percent from yesterday
as they say in the trade
caveat emptor
just saying :-)
you can fill in the 2 graves now GGG
personally I'm quite happy to wait until Q2 for dividend payment as it's into a new tax year and I've already exhausted all of this years allowances
hopefully this will help silence some of the hour by hour day by day whiners and stop the incessant mailing for comfort blanket updates AND especially more so now as it would appear from yesterday's trades we also managed to get rid of a lot of those jam tomorrow over leveraged spread betting mugs
hey ho onwards and upwards :-)
have you dug those 2 graves yet :-)
BTW longfell
I am all in favour of this latest announcement on margins by IG as I strongly believe it is something that the market regulators should have enforced since the very introduction of spread betting as there are absolutely no credit worthiness checks on anyone's ability to repay what is in essence 'borrowings' should the bet go horribly wrong.
as they say in the land of milk and honey
CASH will always be king :-)
weekend press reports IG are moving to 100% margin requirements
well that's sure to sort the men out from the boys and probably explains why flaky has been missing in action this morning as he scrambles about looking for a wad of cash to cover his gazillion longs
£20p
aka nothing left :-)
looks like team BMD's TOP UP 2 PROP UP script is going well
Buy Volume : 0
Sell Volume : 2,600,231
all the same, it was nice to see all the gang members out today making a concerted effort defending the indefensible
10/10 for the teamwork and the dedication
one day I'm sure one of you will be rewarded with a first class all expenses paid return ticket to Tilapia
NO 1.5p TRADE and STILL NO LIKEY :-)
I am of the mindset that paying dividends whilst recording a loss for the period shouldn't be allowed but given the treasury (as the largest shareholder) are in line for a £225 million dividend windfall I guess Rishi reckons that the existing pre-tax creative accounting conundrum is A-OK :-)
"the bank reported a pre-tax operating loss of £351m for 2020 after taking an impairment charge of £3.2bn for bad loans"
default debtors huh
just the tip of the (banking world) iceberg
as I said yesterday
the 'worst' is yet to come :-)
I suspect flaky will be adding yet more leveraged positions to his never never betting account today
the bigger picture is not the dividend but the increasing value of the loan (debt) defaults as the world is yet to come out of its lockdown.
with Lloyds being very UK centric, when furlough ends, a lot of businesses will fail to reopen and unemployment will rocket as will the ability of a lot of businesses and people to be able to service or repay their normal debts, let alone all the other covid specific short term loans.
in the words of your immortal flaky
the 'worst' is yet to come :-)
"it’s not going to fail, indeed it’s poised to make a stunning recovery"
I reckon it will have to before you and your silly little angry mic drop sidekick can get your investments back
pretty sure visitors to this forum (whether invested or not) will have heard all the positives before
70p strong buy with triple digits soon was the promise
at 50p its a no brainer
absolute madness anyone selling this at 28p
10p top ups getting marked down as sells - naughty mm's
apoplectic eh
well I guess you would be after the amount of time and energy you have spent posting up the jam tomorrow positives in trying to defend your basket investment case here
as they say in the game
less is more :-)
a balance sheet never lies
profit ?
what profit LOL
MB is there a trade name for those happy pills you keep popping ?
I only ask because I'd like to buy some shares in the company that manufactures them :-)
"overhang gone for sure"
yeah 'for sure' whoops :-)
well I did say 5p was overpriced and who knows with the BOD in disarray maybe 3p will be too
a balance sheet (unlike some on the cheerleaders on here) never lies
no profits no likey :-)
here’s a little thought
when folks on here are talking about placing bets on achieving 38p or 40p or 45p or whatever how’s about we make the 'p' short for 'posts' instead and the bet(s) will therefore be the total number of posts that flaky can churn out in a day rather than any logical thinking 'pence' ?
the good news is:
its easier to measure as there is no need to squabble about the decimal points
now if we take this as the new baseline measurement of all the bets offered up this week then flaky wins as he hit 38 on the head yesterday and fuelled by that 'singular' success who's to say he won't breach his 40p target today after all :-)
OK the bad news is :
god help you later in the year when he’s promised you all 70 PLUS
KISS
nothing left :-)
most people on this investment discussion (?) forum would donate £100 (if not a heck of a lot more) to a charity of their 'own' choice if that attention seeking flaky fruitcake would just shut up once and for all and for good
I will if you will and so say all of us
simples :-)