Member Info for dannyred

Had just under 3k top up yesterday and this happens today as I speak up 8% . I'm no Gordon Ghecko and i know if id left it where it was in Boohoo I'd be up 5%, but let's just hope Trump can frightening the mad Mullahs into signing a peace deal .

Yes I know , we all know the situation i fully expect the shares to be suspended its what they've said . A week ago there was only funds until June. Now the sale of iron destiny has bought time . Constant scare mongering is desperate . I'm sure anyone invested knows the inherent risks involved with investing in a company that's operating during the time of war.

Your judging it wrong , look at Rolls Royce , they needed a cash raise around coving but it strengthened them . Ferrexpo is a wounded animal but if it can be given a cash injection to secure its medium term future then it becomes a much better proposition for all concerned, its got assets that far exceed its current share price, the value of them increase as the security of the business is established.

If I was worried about my investment half then I'd be on the phone to my broker off loading my stock . I'm not its a long term play.

when you say tomorrow , do you mean i haven't a scooby or i'm just full of of so much **** i haven't a clue what do do with it .

Yeh maybe ,maybe not .

Oi vay

Oh SP you do like the put a negative spin on everything .

Im sure everyone on this board knows the ramifications of running out of money and the longer the war goes on the harder for ferrexpo to retain value, but on a day when they've announced a sensible fundraising opportunity to buy time can you not at least go hide under your rock until real negative events happen

You're embarrassing yourself tell me what ive said that's not true .

Funny I thought it was Iranian backed terrorists who decided to slaughter 2000+ innocent festival goers that was the catalyst for this war . The sooner he bombs them back to the stone age the better.

It sounds bleak but the upside is worth sticking in there ,I could exit with a minor loss but you know what I'd rather let it ride . He who dares Rodders !!!

Im happy for them to have an orderly exit and a steady price increase . The shares will fly when labour who I'm not a fan of launch their homes fanfare pr stunt in the future

.You dont go committing £36B with out a few shovel and hard hat jaunts

Its tough but thats because World events and uncertainty , fundamentals though are strong, rising house prices , lack of housing and a growing population. If you throw in a government that's committed billions into house building a company that's profitable and a major social housing provider all together its a good share to sit on.

That shorting is going well .

I smell something

I smell something

Don't tell me this is great news

446k cancelled today

Mining rights , non essential assets joint ventures, sale and lease back of rolling stock . Is that enough?

Thats cash not assets , so not game over it means they would need to raise working capital against assets .Now an indefinite war obviously would make the situation untenable but the war will not go on forever infact its getting pretty near to the time when hostilities will end due to stalemate.

So how much cash do they have and whats the burn rate