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MrY,
You still doesn't make sense.
You are happy to take a profit? That is insinuating that you expect no sale and the SP to drop, why not openly state that?
And, if as you say, you've sold out, why continue to portray an image of someone who is a holder yet seems to be on the cautious side, instead of openly raising your concerns like you have with your latest post, those opinions you have I presume weren't formed overnight.
Something stinks, stinks badly...
You wouldn't want to meet me in person, trust me.
I could have zero of everything you just said, but I've made more money then you'll ever make in the market during your lifetime.
Haha, like I said the other day Parsley, you're just a failed day trader, I laugh everytime I see your posts because it makes me realise, you must have lost a lot of money to be constantly switching opinions from day to day, board to board, share to share.
Avoid the stock market, this isn't the place for you.
"Does the person that typed the above realise those figures are a decline...... There's the answer for selling."
Nice try Par****e, the problem is MrY said he wanted guaranteed profit, therefore he's insinuating that the FSP is unlikely to deliver a sale or deliver a sale above 30p.
" I can't see this selling for multiples of the current price on what EUA have told their shareholders. If there is more that they haven't told us then who knows, the point is their shareholders should be told what is there and not have to guess at it in the vain hope it fits in with their wishes.
I have no idea what this will sell for so I would rather take a guaranteed profit."
Doesn't make a lot of sense MrY,
Sounds more like you are a doubtful that a sale or a dividend is even going to take place because if you believed in the FSP, you would be getting your 'guaranteed profit'.
Even if the company only sells for 50p, you'd be leaving with way more than you sold out for, and I take it from your posting history you sliced half a little while back?
Kevman, it's because shorters and derampers have helped fuel a sense of too good to believe and people have fell for it.
They will tell you why wasn't the company acquired when the MCAP was very low, but they won't address the following milestones since those days:
- MT Flanks Licence
- WK DFS
- $7 milion in the bank
- No debt
- FSP with world class advisers: UBS, DLA Piper
- James Nieuwenhuys as CEO
The shorters and derampers also completely disregard the '13Moz target resource in Flanks area' and 'and 40Moz target resource in district', which has been specifically mentioned in the RNSs and company presentations.
When the MCAP was very low, nothing was in place, the company had no money to invest in infrastructure improvements for WK and the DFS wasn't approved. Hence constant dilutions to, as some have said, 'keep the lights on', in that kind of scenario, it's no surprise the share price and subsequent MCAP was as low as it was.
The BOD deserve a huge amount of credit to have got the company into the position it is in, and once the FSP is concluded, many will be kicking themselves for missing out.
It's indicative of the mentality around AIM shares nowadays, and the move from genuine investing to everyone wanting to be the greatest day trader, everyone's looking for the quickest way to make money but the minute there's a delay, they panic and run off to chase something else.
You look well smart when you sell EUA at 43p, buy in at ARB at 40p and sell at 120p.
But what if you bought EUA to jump on the sale train at 40p hoping for a quick buck then panic sold EUA at 28p, bought ARB at £1 and now your nursing a loss from ARB which now is sitting between 60-70p, and hypothetically a sale RNS drops tomorrow (not saying it will, but just as example).
This mentality some people have means they will never make money, and the lack of patience shows in some of the posting that you see here.
I'm actually getting sick of it, honestly, if you aren't happy to sit back and let the BOD do their job, sell and move on because the sale RNS could be tomorrow, or it could be in 3 months, no one knows.
The reason the price is at 30p is not because of MMs, it's because half of you are trading this share every other day and it's stunting the growth.
We would be at 50-60p by now if people held tight, but no one wants to do that because they are bored, and that's the reason we are stuck in this range.
Of course silversun, but that's not the problem here.
The problem is when people start giving opinions based on their trading position at the time and this is where the likes of you and Harris get it wrong.
I have stated several times, I have no problem with people trading, selling to buy back cheaper, going in for quick trades elsewhere.
My issue, and the issue that a lot of LTH have here is those of you who change your opinions week to week based on whether you sold to buy back cheaper, whether you opened a short or whether you want to suddenly now be part of the FSP outcome.
Let's use some common sense here.
I don't think it's as complicated at that, it's just that everyone is selling the spikes, I have a feeling a lot of holders are also buying at 28p, selling at 32-35p everytime and rinse and repeat to make some quick money whilst we wait for the outcome of the FSP.
That's fair enough PP, was just curious.
Why would you want to offload some now PP?
I remember we gave you a hard time for some of your comments when you first appeared, but then you settled down and started looking at things from a logical point of view.
What's changed that you'd want to sell potentially weeks from a huge deal? Commitments?
It's less about knowing it was coming, it was more about when it finally comes it may be an indication that we will move close to a binding agreement.
Don't think so, it's just more short term trading, but it's okay, it doesn't really matter at this point, if they miss out on the sale RNS by chasing rainbows, it's their loss.
You'll have big buys coming in at that level who will be able to mop up those shares so that they can still make a profit on the spread until the sale has gone through, so not a worry really.
Guess it helps form a perspective for the next trading session, sometimes the psychological barrier of say a 30p forms a base level.
A close at 29 may see the bid open on 28s tomorrow where as a mid 29.5 finish should see the bid stick to at least 29.
No one was wetting themselves over GGP, you know this idea of free speech that you brag about works both ways?
You claim that you are attacked for having opinions, yet if some of us say that there's a chance for an entry under 20p for GGP, now who's crying?
The is the difference between this and other shares boards.
Here, we will tell you freely to SELL if you aren't happy, everyday we encourage someone to SELL.
Yet we are still called RAMPERS, gotta love it.
Milk, you posted the same post on the 6th January, get outta here.
If you want transparency DORE, banks will happily tell you the exact interest rate they will pay on on low risk savings accounts, the more I read your posts, makes me think the stock market isn't for you.
The market has strict rules, we are under a FSP with NDAs for a reason, you can't just willy nilly throw information around for bants, hence the phrase 'non-binding offers', nothing is done until it's done so just sit back and relax, if you can't handle the heat, just sell.