Firering Strategic Minerals: From explorer to producer. Watch the video here.
Must be a bit embarrassing having the share price so prominent on their home page (in large figures in the top left) when its dropped so far and is such a low number! lol
Another 10% gone in as many minutes. Its gone.
The declines now seem to be accelerating with each day. Criminal if this is the workings of shorters and not the fundamentals of the company!
Has any other share/company gone from £1 to under 10p (or even nil?) without the board saying anything lol?
Just extraordinary
And then recovering I mean of course!
Maybe to make us all feel (a little) better, anyone got any examples of a share tanking this much? (similiar size and sector?)
Only ones I can think of (and are different sectors and completely different beasts) are Glencore (mining) - went from £3.5 to 60p and then all the way back upto £4+, and Centrica, all the way down to 26p and back to £1.70 (although it used to be around £3)
Nil unfortunately lol
And another 5% gone today.
This has to be a reaction to something we don't know. And this is just declared positions 0.5%+. I have to admit, I fear this is gone, as in bust.
Now -10%!!!
Don't get me wrong, I'm praying you are right!! :)
Now -7% and its only 9.45am. FFS.
But if they keep losing money on all their contracts, then it don't help! They need to prove they can turn a profit, this is what worries me!!!
Just unbelievable. This has to be beyond any sort of manipulation by shorters etc. I think there has to be knowledge of a cash raise or some other fundamental issue.
Also the "shorters are going to get burnt" has been used since this was £6+! (sadly they shorters have won)
Market cap is only £200m now , can they really raise any meaningful amount of money relative to their cash burn???
Absolutely ridiculous. This company employs 1000s of people. If this is being killed by manipulation, shorting etc, its shocking really.
Its so strange on no news at all. 80p and looking good with contracts, and nigh loses 50% for no reason. So strange
This is just scary
Posts stating this will recover when 1. SFO case closes, 2. Large contracts start to be won, 3. Gaps on the technical charts are filled 4. When the shorters close because of points 1 to 3, have been repeated over and over since the days of £6!
There is something fundamentally broken with this company.
Fair comment(s) Dark Knight, I was being tongue in cheek ;)