It might not happen,but my long term thought is there could be a share buy back which would propel my holding,plus dividends will really push up the share price,A lot of the miners have paid back debt and bought back shares,and also reintroduced divs.IE glencore.their share price has 3 bagged in the last 10 months,I was in there upto recently.Only my thoughts and strategy gla
Yes buddy I know there was a rights issue,I took my options.It was the bank loans we took in 2020 I couldn’t quite remember the figure,I’m a long time holder in RR buddy
Can’t remember without trawling,how much did we borrow in 2020,thinking it was 2.5 billion.surely if we repay those loans,dividends could be back on the agenda before 2023 which was put in the clause.Looking at these big sell offs we should be able to cover the loans
If you look on Investor’s on the AfriTin website,There’s a long list of big names there,all in early.Even Hargreaves Lansdown have a 6.25 percent stake here.
Sale of Bergman engines completed.€91 million.Another nice lump sum off our debt.They are properly trying to get the balance sheet restored.Like it says in rns back to investment grade .Here’s to a great 2022 gla
I wouldn't feel comfy shorting at this price,ridiculous low,a bit of good news from mooky, and you'll smell em roasting,wow I hope so,I wouldn't sleep tonight if I was a shorter.Our day will come LTH
Thanks for your kind words folks,but the afritin share got me my loss back already,%15 in last2,weeks,feels like no covid hazards,like I said good look folks
So long everyone.Sold out my entire holding at a slight loss over this last couple of weeks,too much frustration with the covid unknowns.I put the money into 2 mining stocks,the field I know about.Good luck to all on this board, and I hope it comes good for you all,happy new year and the best of luck