Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Clearly, Elliot weren’t going to make a credible offer. I’m glad they’re gone. Curry’s is the only decent sized electrical retailer left in the UK, let’s keep it. Look what happened to Cadburys.
What’s to stop a predator building a position now and in the coming months if say the price drops to around 6p. They then initiate a takeover at 8p which would be at a substantial premium. The company is then taken private and all investors get is 8p per share?
No, I’m not saying that. As an individual I have done exactly that, buying and selling this stock. Check the posting history of a significant amount of posters and you will see they see themselves as investors (buy and hold) not traders. I received a lot of abuse when I recommended selling at 12p when it was obvious to a blind man and his dog it was going to go down. We are now currently at 8.20. I expect this to retrace to around 6p in the coming weeks before more news is released. Aim is notorious for gamblers and not investors. Gamblers will imho take advantage of investors by talking up the price and selling out while still talking it up. I would be a lot happier and certainly invest a lot more if SB took this to the main market which is better regulated.
This is just a typical aim ramp. Look at the 5 year chart for GGP, it peaked on the 21st December 2020 at 37.35p then has had a steady decline ever since. It is now 6.40p. If you had bought on the way up on 17th August 2020 at 12.8p and didn’t sell at the top of the spike, you would now be seriously under water with a massive loss.
I think the main problem is that this is aim. I was invested in another company on aim that was doing really well but the SP did not reflect the value of the company. Everytime there was good news the SP would spike then return to a much lower price. In the end the company decided to leave aim and go private. Investors lost a lot of money.
I’m holding on for the reasons yodominic stated.
To urge the Prime Minister to increase defence spending to 2.5%. It’s inevitable that defence expenditure will increase.
BAE has a massive order book and in the current climate is going to be very busy indeed. I see a lot more value coming our way from a top notch company. I’ve increased my holding this week and taken advantage of the slight dip.