George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I would like to see day traders as well as shorters get pilloried. As soon as a decent share starts rising it gets its head chopped off.
Such is today's moronic fashion!
CAVEAT EMPTOR,
All this rotten crew have achieved is raking in easy money by issuing new worthless shares for gullible investors . If you have any sense stay clear..
it has been a billionaire's SINK HOLE to avoid taxation.
I GOT OUT AT 40P A SHARE AND OTHER INVESTORS LAUGHED.
This company always behaved in a reckless way towards shareholders.
Stay clear and go to a viable company like Centamin.
This is a complete shambles. Canadian miners treat shareholders as a joke.
Horrible bunch!
New companies seem to be listing in America which is a grossly overvalued market or splitting their shares between London and America to get better odds. The joke is American valuations. You are projected a trillion valuation on a company that has not made a cent profit.
i have been investing for more than 50 years and I feel sorry for my grandchildren . How are they going to afford the deposit for a home when a loaf of bread costs a hundred pounds? Think of Italian lira.
Truss economics seems to have taken over the scene, though the main defaulter was Nixon who did away with the gold standard in 1971 to bypass Congress and fund the silly Vietnam war. Out came the printing press to take over the financial field and the inflation holocaust which resulted, is now impossible to stop. Meanwhile the Arabs are buying trainloads of gold in Zimbabwe. Do they know something that we don't know?
Why does the government not supply us with our own note printing machines?
Go back to 1929 and bring your cash to the market in wheel barrows. The whole scenario is disgusting.
Bring back the gold standard.
I do not understand why GLEN does not seize the opportunity to snap up GREATLAND GOLD at rock bottom price.
it has been an open target for some time.
The change is a recovery from the covid debacle but still not quite equal to the pre-covid prices,. My portfolio dropped 20K. I am still 8K short due to the market falling asleep.
Hope the ' Sell in May' nonsense has petered out. We now deal on a world market where this is ancient history.
Funny that inflation is running at around 10% but shares have not increased by that amount. Everybody seems to be blind!
Nice to see the recent reversal and hopefully we shall pursue the path of growth which is the fundamental reason why we invest in the first place.
The majority surely approve of the long awaited change.
With the low cost of British shares and the recent horrible fluctuations of the London Stock Exchange, punters are taking their money out of the market. This is a bad sign for share dealers. They should press for a rapid change and hammer the shorters who are suppressing decent valuations from emerging.
It is time that our shares were properly valued and new money entered the scene. Nobody wants to continue investing to find their hard earned cash withering away before their eyes. Firms like this should be able to voice a change of direction.with their influence.
With the present trend surviving, the only future for the London market is downwards, courting ultimate extinction.
A further step in the right direction would be a '1000 year' mortgage. Future generations would be able to carry it on and the property could still remain in the family.
If you are worried about the future state of your finances, help your grandchildren. They will never be able to afford to buy their own homes. A loaf of bread will cost £100, so how could they ever afford the deposit for a home? Our savings are becoming like confetti and anything we leave to them will resemble peanuts.
Do some of them a favour and buy a home today, putting it in one of their names. It can be rented out until they are mature enough to move in.
Our economists talk rubbish and are tied to prehistoric views of the economy.
The price of this share at the moment with a 10% dividend is a manipulative disgrace. Don't forget to reinvest your dividends.
The recent jitters in the London stock market should be measured by an inquiry into how it is run by manipulative billionaires with their short selling policies. Fraud, fraud and more fraud!
Short selling should be highly taxes or abolished.
It seems like an idiot on the Board thought up the buy- back scheme. It would have been much better to return money to shareholders to reinvest in new shares or split each share into two. Dividend here is miserable.
Certainly this collapse is not much fun to watch!
When I bought through Interactive Investor the ticker was SBKHRP. This did not enlighten me very much. hopefully all will sort itself out.
DO YOU KNOW THE PROPER TICKER?
HUI.PL does not register on many boards.
The first house I bought was a new Wimpy semi. It cost £1,750 in 1971. Any property you buy now will increase by hundreds of thousands in the future. Though the housing market has it ups and downs, it is even now the best investment you can make. Our currency has been devalued year on, year out and there is no such thing as responsible supervision. Everyone pays themselves ten times what they are worth and no one blinks an eye. The first postage stamp cost one penny , now it is nearly a pound. Newspapers are increasing daily in price, splattered in large coloured photographs and senseless long wordy articles. Why it takes one coloured photograph to fill a large page is a mystery to me.
We do need a roof over our heads and it makes sense to avoid paying rent to a landlord . Interest rates now are downright cheap even if they wer to double in cost. My early mortgage rate was 8% and rose up to 15% . Now I am mortgage free.
I have another suggestion that might be beneficial to the share price of this firm. It should break up into several new firms like GSK, PRU ,BHP and AAL. These firms have benefited from a break-up. Their new ventures have soared in price and shareholders have patted the companies on the back. it is an innovative idea that really boosts large firms and gives shareholders a generous hand-out. GSK is a bit slow at the moment but it is new and surely will rise higher. The new companies could be based on geographical areas.
The present tv presentation should boost this stock. I would like to see a suitable rise in the dividend which I think is too low. It may not have fallen so far if the dividend had been increased in line with profits.
Looks like graphene is on its way out as borophene is going to take over from it. I think that it is more flexible and cheaper to produce.