munchbox54 - where is your £3.20? dusterinmong - you're doing a grand job but the last RNS was 22 January - shame there's not been good news since. As for all the small trades - I hear you can trade without dealing costs on a smartphone. Not sure how it works but it's happening with every share.
Norseman Gold has been renamed Tulla Resources and will be listed on the ASX later this year with a possible value of $300m. The Maloney family will retain a 65% interest. Not sure what that means for marooned AIM investors but anything's better than £0. Can anyone recall what Norseman's Mkt. Cap. was when it delisted? Just hope there hasn't been a share consolidation while it's been away...
While we're feeling nostalgic: whatever happened to Waverley Australasian Gold Unit Trust? I seem to recall one year it was up 320% but I could be wrong. I think we're over the brink of another Huge Commodity Surge despite shares in JMAT plunging yesterday due to "Chinese competition" according to today's Telegraph - they have to think of some excuse. PRE is also defying logic lately. I remain confident.
I agree BRD looks far too cheap! Not sure about net profit exceeding Mkt. Cap. being too optimistic - could it be multiples? I'm convinced there will be a Commodity Surge where all values will rocket and undervalued diamonds will benefit especially.
Your deep knowledge continues to astound me! This week my PF rocketed 10.95% without ZIOC's help which gives me extra confidence. I currently have 15 holdings which is far more interesting than 3. Best news this week for me is that Norseman Gold is to be renamed Tulla Resources and listed on the Australian Stock Exchange. Maybe my 280,000 shares can return from the dead? Possibly, but they could still be worth 88p instead of £8820. Norseman Gold was a lesson for all AIM investors - shares suspended and that was it!
A bed & ISA is quite straightforward and the costs are negligible. My stockbroker only charges for the repurchase, not the sale. You will end up with slightly fewer shares but should not suffer the normal bid/offer spread. The potential savings from not paying CGT when ZIOC hits the jackpot are astronomical so it's well worth the effort. If your average is 12p with the current SP where it is you will generate a loss which could be offset against other gains. Good luck!
Couldn't resist emailing the company: I have recently become a shareholder. Have you any plans to offer Afritin polo shirts to shareholders? I'd need size XXXL!
The Market can stay irrational etc. but who would want to be out of SAGA over the weekend? Who's to say when the takeover offer will come from a mysterious entity? They're obviously viewing UK assets as ridiculously undervalued.
As previously reported I sold half my holding and banked a 62% profit. I remain optimistic about my remaining 100,000 shares as ROCK ought to be valued much higher. As should all Commodity shares - this is just the start but nobody's realised. My recent investments have been in REE companies but the smart money is invested in Uranium.
It also works in reverse! If and when the Herd arrive this will go stratospheric! Unless a deal is done and the shares are suspended and then it's anyone's guess!
Very surprised the SP is falling after I've invested! Or is it that REE are overbought? Hard to see that happening with ever-dwindling supplies. Allow 6 months for common sense to prevail and I can sell half my holding and bank a 100% profit.
So where were you when it was sub-1p? And £1700 is massive to some people. Wouldn't want to be out of it over the weekend? Rinse and repeat. Fortunately, some shares start just like this before leaving everyone very surprised. Good luck!
BKY is valued @ £89m - shouldn't ZIOC be somewhere close? It's bonkers! Tempted to sell everything and buy ZIOC but how stupid would that be? I'll be happy with £3 per share but what are the chances? Unfortunately, if there's a Commodity Surge (as I'm expecting) £3 might look cheap! But it's enough for me to make my dreams come true. And always leave enough for the next man even if he makes more than you?
Thought hard this morning about investing my ROCK profits here but I chose ATM instead. Sorry. But, as a ZIOC shareholder, I'm still interested in a binary bet. Unfortunately, the SP looks too high!
LBE has always been difficult to trade unless the SP is rising! Recently I sold some of my shares at an 8.9% profit in order to pursue a better rainbow - it was a good call! If there's a sudden Market collapse and LBE follows suit I'd be a very strong buyer sub-50p.
"If you look at the rise before, rock shares always rise 3-4 days, so today it’s just start" Let's hope so! I sold half my holding this morning and banked a 62% profit and bunged it into ATM which looks even more undervalued than ROCK!