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I have no idea..... Granto - hope you don't mind me asking but is this share a "keeper" for you? I ask because I am waiting for a re-entry but one that I feel will come even if I have to wait almost 3 months for the next figs? Volume will inevitably fall and I will sneak back in - around 45p I hope! dang my honesty... Matt

Great opportunity for a swing trade surely?

turning things around - It always makes me smile when any broker rating is reiterated as if the circumstances haven't changed. They are never accurate IMO and rarely come true. And at 28p it seems very harsh indeed. Wishing I hadn't sold at the low point of the day but not as annoyed as I was earlier. On a side issue if this company hadn't lost a load of money through the bank (certainly not FXPO's fault) - this would be looking very rosy indeed.

I'm guessing we were all left a little underwhelmed by the results? I was I must admit -although there were no nasty surprises and debt has reduced a lot. Maybe I expected more. Anyhoo, I have jumped with less profit than I would of liked but a profit nonetheless. That should be the catalyst for a steady rise! Best of luck to you all, Hope be back in 5 months! Matt

Please sort out these live prices - so poor

I have seen that aswell - to be honest I had a stop loss at 49p but removed it as I felt (as always happens to me) I would get stopped out on or near the day low. Bid currently 50.5 but will relax when it's 51/52! Cheers

What are they all about? Seem to be loads of them today. Ps Great call Caballero - hope you made some dosh getting that call right. Best, Matt

I hope they mention how July has gone for them.....could make a lot of difference! Cheers

And a healthy retrace - which I didn't enjoy at all. Looks like the ship is steadying thankfully. Previously I had considered selling before tomorrow but if this holds steady I'm thinking I will too. Best of luck all, Matt

Great call - hoping this is just temporary! Best, Matt

Nothing keeps going up without a retrace but with 3 million volume I'm expecting the momentum to keep up for now. This has been in the doldrums for months! But I have no goose either. No problem with being sceptical tho...all your points have been taken on board. Nice one

Hi Caballero, I have a different opinion - I really don't think any news about this repayment was leaked because it is clearly stated in the Full year 2015 results that the remaining $88 million was to be repaid over the following 5 months completing in July. Since we had heard nothing in terms of a negative RNS (for example saying they were struggling to make payments) - I rightly or wrongly assumed that those payments were made as appropriate. Must admit I didn't think an RNS would be issued stating it but we all like good news. For me, that makes me think that they have plenty of positives in the upcoming report to not hang on to it as it were. (Although if they felt it was that important I realise they have to put it out there)! I think the rise has been bought into by people looking at the technicals (I'm not that clever) and others have piled in. For now I think it's mainly PI's but I will be looking hard to see if and when any institutions or fund managers start buying. Don't get me wrong - there is still a lot of debt to be paid off - But I and I hope lots of others now think this is perfectly capable of doing so. Don't ask me where this will head tomorrow though.....(I'm hoping up I admit). Best, Matt

Been waiting for that.....

Hi all, I have just googled the above and clicked on some information from morningstar.com. Great source of info and as you would expect when this share went down there was clearly a lot of institutional selling and fund managers offloading too. I would expect that situation to start to turn so suggest anyone interested take a look. Also it says that current equity is £294million - it currently is - and it says debt is £697.60million. Please take a look for yourselves. If its figs are correct, then debt has been reduced from $868million. (Not sure what that works out to in pounds sterling tho). Any help? Best, Matt

First time ever..... :-)

I was right!!! Great to see debt paid off on time - superb news!

It's great to see this steadily move up. I think this will start to attract more attention - particularly if the results are decent. smashing through 50p would be sweeeeet. Best, Matt

RNS out - great set of results. Increased dividend and share buyback. Currently 10% off of year low. Debt down by 40 odd million and large increase in profit. Take a look, Best, Matt

All, Please take a look at page 7 of this report - it gives the detail of what has to be paid off when and in my mind is pretty clearly written (unlike a lot of reports). I will take a more detailed look later today (when I have a pen and paper to ensure what I say is correct) and will attempt to give my take. Looks like the 420million dollar PXF facility will be completely paid off this month. The next thing is the 350million dollar pre export financing that starts to be paid off in November 2016 in 8 quarterly instalments - 350/8 = 43.75 million a quarter. (That's in my head so check it). I have not read anywhere since tracking this that debt repayment is an issue - they paid off 394 million dollars worth of debt in 2015. With iron ore prices going up - i think what was priced for failure? Possibly? Now has a real opportunity to move on..... As long as no silly one off charges and a large chunk off debt paid off year to date I'm comfortable. Any thoughts? Best, Matt

A sign of confidence wouldn't you say? Great to see the bid gradually moving up and significant volume. Anything in particular you are looking for in the interims Granto? Significant debt reduction for me and that would give us some legs... Best, Matt