Member Info for Daisan

I see. Usually we refer to 'bed and..... ' as something outside the tax shelter, hence my question. I was wondering whether I was missing a trick.

How did you manage to bed and SIPP 5m shares in December 2017? By my calculation that would have been somewhere in the region of £400k and the limit is £40k per annum us it not?

And it isn't pretty. Coal production way down on expectations, shortfall of working capital, lack of access to capital markets and inability to pay convertibles is my rough summary based on a scan. Oh, but coal production is starting to recover so jam tomorrow if you give us more money......

Major shareholders have to declare as they go through each percentage after 3% both on the way up and on the way down. So Ashworth would have to notify at 5%, 4% and 3%. Below 3% they no longer have to notify.

That's the theory and most entities stick to it. However, it is not unknown for these notifications to take place once the intended block has been sold, so they could go from 5% to nothing without an notification as they reason that it is all one transaction.

I would say that, scanning through the recent transactions, they look like PIs doing the buying and selling currently.

There was a trade on 07/03/2019 at 12:02 for 250,000 shares @ 1.86 on the NEX exchange. Is that it?

Mick-b,

I think that the evidence suggests that City Financial have been selling and now we see that Sustainable Capital have been buying. I suspect that there is a significant connection between the facts that City Financial had 26m shares, there was a share trade of 22m shares a couple of days ago and that Sustainable Capital have increased their stake by over 21m shares. I am not sure that it is worth looking for alternative solutions when the obvious one ties up the facts so succinctly.

A logical conclusion would be that City Financial are either out or nearly out. Whether that translates into a share price rise is another matter as the mistrust of the Tanzanian Government remains substantial.

This is beginning to look like the end of the road here given the lack of buyers when even the pumper in chief PJ is giving up the ghost thus forcing the price down. The question will be whether there is any value left and whether something will rise like a phoenix from the ashes.

For some strange reason I did a search on property in Puerto Banus. The price range for Villas is enormous and you can get Villas for less than £750k. I assume that there are more desirable parts than others.

Yes indeed.

(I did consider Trafalgar Square instead of the seaside but I have always found myself more wary of seagulls than pigeons to be honest).

Interestingly 'Zettajoule' also appears to be a pop group whose only album to date is called 'Always Looking Up'. An omen perhaps or just good advice at the seaside?

I presume it follows the same logic as that for 'bytes' which suggests that it should be 'zettajoule'. You don't come across reference to 'zettabytes' too often (ever?) and, I suspect, the same is probably true of 'zettajoules'.

Investing is primarily a waiting game. If you are happy with the fundamentals then time is your friend.

PJ will almost certainly buy in the market to force the share price up before sucking in others.

A significant number of those are nominee account holders i.e. share are held on behalf of private investors.

It seems to be the same as yesterday - price adjusted despite no apparent trades or adjustment in the actual bid/ask. Fascinating stuff!

Not another one in hospital! Whilst BMN is beneficial for your wealth it seems injurious to your health!

I hope you all experience better health going forwards.

Well, irrespective of whether you consider something that was slated for H2 2018 and then Q1 2019 is a delay, the actual ask seems to be rising quite steadily - 37.7p paid!

And 37.4p paid. We are due an up day and they tend to be a bit sharper than the down days lately.

Up sharply. 37.25p mid by the looks of things. A significant turnaround.

More significant for the share price that is. The BE update obviously points the way to a significantly new revenue stream in the future.