Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It needs to maintain momentum I remember around 2 years ago watching RR go from .38 to over £2 in a matter of days with shorts closing and spreadbets getting caught out !!
Why does it feel this stock is being held back ? This company will be making that much money at the moment it could be debt free within 2 years even less. For the life of me I can’t get my head round it.
That’s my fear of trading this is selling and not being able to buy back in. It took me over 30 mins to buy yesterday just pressing re quote after re quote
It has gained 20% each morning for the last 4 days I’m more interested what the afternoon brings. I’m hoping for a sustained rise throughout the day
Tradehobbs that’s how I’ve read it I could be completely wrong but I think 1.88 will be added and then on the opening this will revert to the closing price the previous day. I think the biggest positive is it’s being moved from the Moscow exchange back to LSE as they can’t be expecting any sanctions and secondly which was never going to happen a delisting.
It’s amazing how different people see things and it’s quite clear the ones invested to the non invested how it’s perceived . I bought in today so I’m reading it as the demerger won’t be going ahead and it will be included in the Evraz group from the 7/03/2022 and 0 value will be attributed and then it’s up to the market to find it’s own value. Others see it differently it will be interesting to see who’s right.
Urraca that’s exactly how I read it basically the demerger isn’t going ahead and the business will continue to sit within Evraz at a 0 value. Positive for current holders. As I mentioned earlier for this share not to move at all including at the US open all afternoon something was going on. Time will tell if I was the company I would be doing share buybacks in the background and hold them in trust the price is almost what the dividend is so makes commercial sense. Im sure it will all become apparent in the near future
Well the positive and a lot of numptys on here have been suggesting if they thought there was any chance of getting delisted they wouldn’t bring it back to LSE. I’m sure there will be more clarity in the morning but it’s certainly a positive.
It closed at .53 it’s the price of the UT Google often have it wrong
The share price barely moved from 14.00 today and its swung violently for the last week.
Is someone accumulating in the background. Something is going on !!
Being so familiar with the stock how come Canada is still continuing to use 60% of Evraz steel on the 22billion dollar trans mountain expansion. That’s just one project alone but the market cap of this company should be around 150 million based on your projection. I’m not having a pop I’m just intrigued where the 10p valuation comes from.
I’m confused in relation to your comments Obselete it’s a 10p stock. Reading through the financial statements the company made nearly $500 million in gross profit in America last year. You advise it has $2.6billion worth of debt how much of that debt is in roubles and how much has that depreciated ?. The company has 0 assets according to your 10p and no order book. In a commodity super cycle one of the largest steel makers in the world has no forward order book ??? Also are you able to advise me of the sanctions against Evraz that have been issued before I look to buy in today. Thanks in advance
The comments on here are unbelievable. The net debt is in dollars you couldn't make it up !!
What do you think Steel is sold in ? Smarties !!!
Am I correct in saying Evraz will contribute £ 1 billion in tax to HM Revenue and customs this year based on last years results. People need to look at the bigger picture !! .
Abromovich will be getting his dividend which means anyone who is invested will be receiving there’s. It will already be sat in a Cypriot bank account as I’ve mentioned previously the company will have taken appropriate measures before the events unfolded.
If people think the board of directors in this company were unaware of the events that were going to unfold you are very naive. They will have known and taken the appropriate steps within the weeks/days before the invasion.
Cash etc moved to dollars and will have been aware of the sanctions that were going to be implemented. Do you think the directors are bothered at the daily share price they would have known what was coming and it wouldn't surprise me if they are buying in the background.
Welcome to Aim, ASOS moves to the main market down about 1 percent, Boohoo nearly 6% everything is exaggerated !!
I couldn’t understand the drop at all taking this mornings early drop it was in excess of 20% ??. Guidance remained the same I suppose It created an opportunity for Blackrock to close their short in profit. The whole system is rigged !!
Havoc so you don’t think that PI should be aware a further £2million of funds which have been converted to a CLN should of been communicated to shareholders. They advised they drew down £5 million to pay off the existing CLN and support working capital. They had the ability to draw down a further £2 million which further diluted shareholders and you don’t think they should be informed when this has been done. So a further 2 million of PI money by dilution is supporting working capital and you don’t think an RNS to communicate this with shareholders is the responsible thing to do it’s diluting LTH wealth.
The people who say why do people comment on a company your not invested in most of these people are trading this share. Go through my previous comments and I’ve had this pretty much nailed on people with trading experience knows exactly what happens month by month when a CLN is in place. The price will drop to around the previous months conversion rate and then when the forward selling stops it spikes and then rinse and repeat. The only worry with this one now is if they don’t produce revenue quickly there will be a cash raise and you could get caught out I’ve traded it previously but not sure I’m going to going forward due to the cash burn. Tradeflow earnt 250k revenue in the first 6 months of 2021 so that is nowhere near enough to cover the overheads. In fact I think my local shop generates more income the company needs to start producing revenue and quick.
The additional 2 million they drew down and haven’t informed investors through an RNS will run out quickly.
Hereshopin No fear has only recently appeared on here I wish him and the other numpty DBNO would disappear it's hard enough having to read their rubbish on HBR without having to read it on here as well !!