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But the assumption that this will be wound up is just that. Until that becomes clear this will trade at a discount like most other investment holding companies. As this is fairly illiquid the discount could be large.
And this will trade at a discount to the shares of Block…….will it settle at 50p?
Anyone know what the 106p trade of 145,000 shares means. It is timed post market close.
Was published some days ago though……….shares went ex div and have since recovered that. Volumes suggest something is cooking other than St.
Unlikely……….high growth figures rare in Uk mean this will bounce back soon Imho.
Plenty of debt here. Not saying co doesn’t have attractions but debt free not one of them
Profit margins have remained strong in the period, at 37% for adjusted EBITDA and 17% for adjusted PBT. The Group's cash generation has been good and ahead of the Board's expectations, with the cash position increasing to approximately £26.0 million at 30 September 2021 (31 March 2021: £23.0 million). The revolver loan drawn amount remains unchanged from last year and along with lease liabilities the Board expects net debt to be approximately £50.0 million at 30 September 2021 (31 March 2021: £54.6 million).
Well undervalued IMHO. Too much attention being paid to present production. Surely much more to come when eventually substantially higher grade ore accessed. Anglo Gold knows. Ok, so was overvalued at £1.50. Director sales told us so. Recent buys the opposite.
COVID drug treatment offers more hope……….and Elliot plotting in the background too
Market is weak. Can only think of sceptics re new strategy. I am holding on though. Could be headed to 60p which is the next level of support although it could turn up any time IMHO. Time will tell.
Maybe should have read the Times first lol. Their report seems to suggest that it’s all been resolved by Wpp making a payment to Sec. so perhaps this will bounce on Monday.
Ft story about sec (Us Gvt) investigating wpp for bribery while S was in charge reason for drop here perhaps.
Just Simon updating results and 75p short term target although longer term could be much more.
Why 60p? Isn’t it on a high prospective pe already?
Really?? Many US miners on similar ratings. This would be considered a tiny illiquid pink sheet stock in the US.
Cyber security stocks rise strongly on Nasdaq. Could this follow? It’s cheap by comparison.
I would expect an RNS within 2 days regarding the wild trading towards the close today. Could not get a quote and buy order was repeatedly rejected. Long term this should pay in spaded. IC positive today. Cheap at 11 p.e.
Cant see anything in results that was not in the trading statement. Drop represents buy opportunity IMHO
Strong figures but production down. Directors have sold at this level before. Weak Chinese figures and copper and other minerals produced could follow platinum down. I sold into strength this morning.
Normal trading pattern……….look at the candle chart and you can see the occasional down spikes which quickly reverse. Perhaps some concern about execution risk re new funds? Just guessing but I have used the dips to buy.
Not if it’s a precursor to a take over