The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I am not suggesting that this is a good share to be in with bright prospects and a glowing takeover target. Its a dog, i wish id never bought and im just trying to cling on to some hope of getting my money back. if we trade again i think we'll see prices anywhere between 1p and 10p before the curtain comes donw. IF we trade again
but it htought they were restored after the initial nomad resignation and traded for another 6 or so months and recieved an offer in the august before final suspensio in the november?
I believe they dropped to 1.5p and eventually got an offer of 10p so if we folowed a similar course it wouldn not be good for poeple in at 20p and so on but a chance to recover from the current level
once minmet was restored how did the share price p[erform intially - i.e. could we see a rise here albeit maybe the beginning of the end are we likely to get a chance to get out with some cash?
Im getting $480 million on millenoum of which 6 % is $28.8 or £16.7 is this correct - very sketchy info on millenium
Hi Substp you seem well up to speed on whats going on over there. How do you see this working out - do you think they'll get the nomad and financing sorted?
not on bad news fridays! had TRP and then SNRP two consecutive weeks! would like to see new nomad appointed next week then big news on strategic partners and fundings chukc in a new 80p broker target on the back of it and happy days!
is your feel on this that it is all hapng up to turn out for the best on this one - i sort of have that feeling??
If we get out of this and funding resolves where do people see the SP going?
may be a good shout - cover the tolling stock with an interest in the operation either way if we can get a few bits sorted and a nomad i think we'd be in double figures quite quickly
we get out of supsnesion i would imagine we would rise quite quickly as things get sorted the BEE should fund us and take a 40% stake allowing us access to grants that would get us moving broker target 40p if we can get back on track
beafort not a registered NOMADso i reckon they'll go for SP angel
didnt beaufort get awedge of cahs (via free shares) from the placing maybe allenby peeved that they didnt get the cash as they are the joint broker and been in with SNRP longer? in which case wouldnt be suprised at an rns stating beafirt becomes nomad (if elligible)
after the intital shock im goign to stay positive and asume itll get sorted and we can start to recover!
what do you mean IPP? Looking around it seems like a new broker can be appointed within a few weeks so not all doom and gloom just yet IF this gets sorted we should see increase in SP hopefully
my worry is if the appointment process sint quick could they turn this around within a month so was hoping it was a buyout!
input here would be greatly appreciated on how you see the situation - thanks
so how do you see this panning out?
are our investments gone?
so where now - is it just a painful wait to admin?