Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You can tell by the fluctuations on the bid/ask.. Any sniff of good news and this will be double digits
Not really. Seller still active. Selling into any bid that appears.
Many more what? MP and LO are long gone IMO. Sellers now are traders taking profits from lower entry points; this will continue as the SP moves upwards. SP should move upwards into drill/results. With such a big % of the company traded down at the lows I'm not expecting the market to give a bag without taking on the risk premium from the drill. GLA
3% for PI’s, 5% for II’s ?
LO & PM are both below 5% as per last updates. These were their notifiable levels I believe? No TR1's due??
5.1902 1,226,197
Are we even due any more TR1's?
Premier Miton's first TR1 was on 15/04/21 when they disclosed a 5.36% stake in the company
I know the threshold is 3% for PI's.. Is it not 5% for II's? Which they crossed on their last disclosure - dropping to 4%
5.199 on IG for 200k
5.18 Buy
5.03 Sell
on 100k clips with IG
CLN's are generally last resort funding for AIM companies. The company is in a precarious position. We no longer live in a ZIRP world with excess liquidity. Will be interesting to see if the company have a Plan B or if they simply have to dilute in large amounts to take on capital.
What happens down here at the £1.10 floor? Think we are overdue some clarity on the **** show going on
It's clearly not just the II selling down. Look at the volume of shares traded since the last TR1!
At least 175m shares traded since last TR1.. Milton can't have many left?
Current price is 121.30/therm
Forward pricing 120-124
Still doesn’t explain the 2/3rd’s?
Concurrent with the initial subscription, the Company will issue 280,000 of the Subscription Shares to the subscriber, with the balance to be issued as set out above
* The Balance *
$3m was taken initially via the CLN with no fixed conversion price. The conversion price was *initially* set with the premium for a period of 1 month should the note provider with to convert during that time. After that the conversion price reset to a 5day VWAP -- we are currently in this period so would expect an RNS on this shortly with new shares being issued. They agreed to no shorting to pull down the price, forward selling doesnt fall within this
Nothing in that RNS that caused any real concern
Hoping for a blue day. Should easily provide the liquidity for LO to exit the rest of their position
250k on IG available @ 7