Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
this is going to be THE deal no matter how much bumping of gums and what ifs on this board. Get your heads around it cos this will go through whether we like it or not.
Mr D. Yet we still do it. All in all its been good to me. I wont lose on this. I am prepared to wait. Just going to take a bit of time and the alternative is to wipe out 100k. Id have to vote yes to this as the alternative is no company and no shareholders.
Rookie, Its a means of transferring wealth to the rich. God knows what goes on behind the scenes but U bet your last pound our welfare doesnt come into it
Ive had no trouble buying with HL
likewise. But im sick of happy telling us what to do when shes sinking. Yes im hoping Shell pulls around too. Renewables are the way forward so ive stuck a bit in there. fingers crossed
Happy. Just remind us how far down you are on BP.
Rock, sorry to hear that. hope you can recover some in the future
Ha ha Ferret. Time will tell. I couldnt afford another big write off so personally this isnt a killer for me. Feel for everyone with a high average. My usual policy is a 10 percent gain then get out. I will be lucky if that happens here as I will be looking for a price of around 27p. No hurry though, I can wait. Hope it hasnt hit you too hard. GLA
Ferret I dont think its a damn good deal but given the options available its as good as we were going to get. Im going to hold, I can see this making money.
what was the alternative ? To be hugely diluted so the shares are worth Jack ! I will take this option, its not a wipeout and theres a good chance of recovering some losses in the medium- long term. They seem to know what they are doing so Im sticking here. Infact ive just bought more. GLA
Anyone got a take on longer term SP. At first glance my view is anyone with an average of 25 ish may be ok over the next year or 2. Looks like lots of us are going to be hit hard. What a disaster of a CEO. Sorry to hear this news, Its always the little guys who get crushed.
It will be like the Russians with Brezhnev. Hes probably croaked it but the will wheel him out to wave. Personally I hope he does uplift the markets. Anything will do to get this going. Stocks will plummet if he doesnt win and they oilies will be in turmoil.
DBNO Do they actually let you out every day ?
sorry Rookie. Covid central in the north east for me.
blackdog it is but ive been very lucky with Nvidia and AMD. just pulled out with a healthy profit to offset most losses. Im still confident things will come good. Right wheres the beer !!!
as it stands im 103k down on PMO. horrendous as you say. You win some you lose some. Im hoping for a big turn around. The rewards could be huge. I ploughed the rest of my money into another 'safer' stock so the next 3 years will be S**t or bust. As stated earlier I lost massively on SXX due to greed and blind faith. It wont happen again ! Good luck to everyone especially those who I upset today with my sarcasm. Geordie humour in times of adversity.
Wow. well good luck to you. I couldnt match that but slowly averaging down. Its not easy this stock market carry on.
SK. i thought you were putting 100k into PMO this week ? Or pondering putting it in. Bet you are pleased you held off now. Horrendous few weeks for us all on here but tbh most sectors are taking a bashing. Had an awful week business wise due to Covid. I just hope we get some guidance and good news soon on that front. Lots of people will be struggling financially, mentally and physically on the run in to xmas. Im now firmly of the opinion to shield and look after those susceptible and in need and the rest of us crack on. I heard the average age of covid deaths is in excess of 80 years of age. Is anyone on here able to confirm this. Sorry for the rant, I like others just want to move on.
DBNO Were you seriously expecting a takeover RNS at 4.15 on a Friday ? Why ?
Sorry to hear that. It certainly puts things into perspective when you have a life changing situation. I hope you are getting suitable medical treatment.