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You would only need to check my posting history to see I’ve been invested in this for over 5years.
And Now I have 3 options to choose frommoon.
Plough more inn.
Do nothing and wait and see.
Or sell up altogether.
So if you think trying to sort out the fact from the fiction of what is posted here is giving vague advise.
Please tell me how this is so.?
Last day of trading is tomorrow haso
Or if they were
Odey still have 12% still to sell
What do you make of that SL?
Those shares were not held in a tax free wrapper
Please show me one post of mine today where I have been negative
And I do read the RNS's
And there has always been talk of increasing the plants production one day. (Hence I used the D word)
I'm just trying to make sense of what's being said
The only reason that makes sense to me for Odey doing that, is that there expecting more rounds of dilution
So I will ask my original question again
If Odey wanted to buy back the shares it sold after delisting why wouldn't they have just transfered them to different accounts
Like the oppersite to bed an ISA
Stay long said that
StayLong
Posted in: TSTR
Posts: 29
Price: 1.75
No Opinion
RE: buy pressure on08 Dec 2020 12:10
Odey will be wanting to get these shares back the moment that Tri Star is delisted. He cannot buy them now for a number of reasons. As we speak Tri Star is setting up the new trading platform and it will be operational the day after. Don’t give them away guys, they are worth well in excess of what he will start the bid at.
StayLong
Bovey that’s sounds correct to me, as I’ve held shares that have been delisted in the past.. however I would ask for them in paper form as my shares that were delisted only stayed as a blank entity for about a year and then completely vanished from my pf
So your saying Odey has told its isa investors that we sold you share a a tenth of what you paid for them...(that bit I can understand)
But as soon as Tstr delisting we will buy them back for you for many multiples of today price
Buy high sell low
If there is any truth in what you say I’m surprised odey have any investors left
Why would odey buy back later is what I’m asking... after all . The tax free isa etc can’t be held in a private company
So what your suggesting make no sense
I disagree again moon. Much cheaper ways to do things, he could have just transferred them. Even if he done it on the open market with today’s spread
I disagree why would Odey sell say these levels at a massive loss, only to buy them back for a much higher price?
Lol Tradehobbs you can word it anyway you want, but, it is what it is. And I wish you luck. But for me personally, right now I see just as much opportunity right now on fste 100, but with less risk, and easier escape roots if needed
So hopefully looking to make up my losses from this one else where
I said if it wasn’t delisting we would be worth 12-16p
Because it delisting I value it lower than that . So you right moon.. it’s not as simple as that, but neither the less the were fag pack calcs
Simple we owed 40% of the roaster before suspension
Now we only own 16%
I will let you do the maths!
Please correct me if I’m wrong
No one has accused Odey of being an idiot
Also none of the big investors were paying over 40p before they new the roaster even worked
As for Odey and a scandal? Wasn't this the man who lost a ton of cash by backing brexit simply to short the uk economy... So there is no doubt in my mind he knows every trick in the book
If we wasn't delisting I believe the current sp would be around 12-16p. So I'm not saying there is no value at the levels we see today.
But we all know what a mine field Aim at the best of times... Now we're going private there is even less regulation.
And I can't say SPMP have earned much respect from me either over the last few years with some of the updates we've had from them during my time here.
So although i can see the value here
I'm my mind the risk attached to this now is just as great as it ever was.
I'm expecting these last 3 days to see some high volume trades and I've decided to sell before delisting...
Good luck all. whatever you decide to do!
As I’ve said before it’s all about how Odey are planning to profit from all this.
If they are looking to pack the whole thing up into a neat little package and sell it, then that won’t happen until all the dept and finance is under control and the plant is up and running at 100%.
Also no longer having a seat at the table and not have 40% voting rights has certainly taken a lot of shine away from any potential buyers.
If they just going to sit back and make an income from it then it’s still going to be along old wait for any dividends to start coming through
Drip feeding there remaining 70% onto the open market is not an option any more
It to do with the amount of share that are in circulation.... look at the market cap to find the value of the company’s
I don’t believe the MMS will take the bid above 5p as that’s where minimal value is