The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Welcome aboard! Or should that be: welcome to this board! Which is not a very welcoming place the closer we get to the final denouement (a tautology if ever I saw one!) Yet again, shaun86 has to put his oar in and have a dig at me: I may not agree with it but I defend to the death his right to insert it. Obviously, judging by the pathetic SP, ZIOC remains a binary bet - either it will be developed or it won't! That's a fact. One of very few as far as ZIOC is concerned. What I want to hear is that the BOD have received a takeover offer (however derisory) as that would surely light the blue touch paper.
Remind me to engage you to write my obituary when the time comes! While I'm in the land of the living I'm slightly concerned about the consequences of LOGP de-listing. I am determined to remain a shareholder but I can envisage de-listed shares being evicted from my ISA at a lower price than I paid so I will then face CGT from that point.
I can't be the only investor facing that prospect so a takeover offer before de-listing would be very welcome!
Good profits/no debt is preferable! But sector at the bottom of a downtrend is even better! Astronomical rise in gold explorers expected if the price of Gold starts heading towards $3k and above. Hyper-astronomical rise for ORR if they can replicate their earlier very high samplings over a much larger area. 1p by Xmas?
Troajan - you'll have to remind me! What's struck me lately is how many companies I was invested in many years ago have gone nowhere! And several have gone bust. I do my best. The most amazing company I used to be invested in is PREM, currently valued @ £66m with 25.87bn shares in issue. Huge rise in Mkt. Cap. combined with total destruction of most shareholders. Obviously the top dog kept drawing a salary! And while I was invested he kept subscribing for more shares which boosted his "skin in the game" which only attracted more shareholders. Nice work if you can get it!
"Is that an example of someone putting 250k on the bid to keep the price down and then removing it end of day?"
Veteran10 and I inhabit different worlds but we're both hoping for the same outcome.
At the same time, I can't imagine anyone wanting to keep the SP low but WTFDIK?
I need a wonderful outcome sooner rather than later as all the properties I imagine buying with my Zanaga jackpot keep being sold! Very sad to see Shane leave the building but he'd not been looking well for a very long time. Saw him live in Cambridge many years ago where he appeared to be drinking Martini Bianco straight from the bottle.
ORR doesn't need a rising tide although it's very welcome! I just wish the constant selling into the rise would abate. ORR remains very undervalued - why can't the sellers have a longer time horizon? All totally irrelevant should a major miner launch a takeover offer at multiples of the current SP. I live in hope but I've wasted years waiting for takeover offers which fail to arrive. Still, it's not a bad strategy if just one holding hits the jackpot. Preferably two or three. Hopefully in my lifetime.
Unfortunately, I can't see any socialists voting Labour unless it's for tactical reasons.
Starmer continues to disappoint and needs to be ousted before the next General Election.
Meanwhile, vote Reform who promise Proportional Representation which is only what we all deserve!
"It’s cars/kidneys/kids selling time!" Is that ever wise? I suspect more than a few LTHs invested even more during the SP's rise to 18p and then got burnt. ZIOC remains a binary bet which will soothe their burns - one day the SP is 7p and the next day there's a takeover offer @ 100p which is a joke but it get's the ball rolling.
Horrible thought is that there are no further offers! We'll see. Even 100p is life-changing for me so maybe I should stop complaining? Next stop is buying a house in Northumbria, England's least-populated region.
Not sure what difference LTbeliever's thoughts make! He's been wrong as often as ALB1 has been right! In short, nothing voiced here makes the slightest difference to the eventual outcome. I've lost faith in any jackpot here - simply emerging with a profit is all I'm hoping for. Lesson learned. Just think of all those other AIM companies I won't be investing in! Seriously, investor fatigue could have a lot to do with all these 52 week lows.
Yet more infinitesimal volume today! I share Driving's optimistic pessimism - life-transforming jackpots aren't for the likes of us! And he makes a very good point about shares NIPH - that's usually good news just before the herd arrives but where is the herd? Assuming an RNS announcing trading is suspended after a takeover offer far below what we're all hoping for, the herd never will arrive. But they had their chance! As for Jiving's "year of possible haggling" surely not?
Judging by the SP, ZIOC has become a joke and that's not a good place to be. FFS get something sorted!