Member Info for debeege

"In October, the Group received £36.5 equity investment from Blue Focus" WOOOT!!! a whole £36.5 :P

Well, ill take 30% up in one day ta very much. At least the downtrend seems to have halted somewhat, look forward to the covenant reset. Have a good weekend everyone

6% up is crashing? what planet are you on numpty.

Market Cap £4.7bn! wow, that imo is really stretching things.

Hi, thanks for that info, however, i thought the deal was at 225 (or close to that).

any reason? Cheers

The market acting quite irrational with this stock imho, this news actually came out on the 28th of March, where the shareprice closed at 29p. There has been no relevant news (apart from a director change) since then, yet, the shareprice is now 19.5p! Cash is around 18p here, and even with a 40% reduced profit for this year it still trades at a price to earning of around 5.5. How much cheaper can it get? A further share buyback, a significant one would be helpful. They need to return some value to shareholders, its just a question of time. GLA

They raise the price, whilst letting only letting people buy, and only sell in small (if any quantity)... Once they have raised the price to a silly level (while the nubs have been are buying, and the MM's are shorting)... They then let the price drop, and now let people sell again..... MM's mop up the sell (hence closing there shorts). Dont get trapped, its daylight robbery what they do

May i ask who are these people who manage to buy after 50% or 300% rises? I mean, check OSU yesterday, people bought all the way to 13p! No its 7p to buy... some people have lost almost half there money in a day. Strange world ey!

MM's are ****ed?

seems a little over the top considering there are no details. Mind the spike ladies et gentlemen!

to anyone who was buying into this at 300% yesterday. opening up 300% down this morning, gratz

ye i agree, i tend to make most of my money from just selling peaks, and buying troughs. although you may miss some major and sustained moves, at least it guarantees (to a certain extent) a daily income by trading spikes. Good luck whatever you do ;)

any news here?

Is there a broker downgrade here or something? Honestly, you'd have thought people cant think for themselves.

http://www.investegate.co.uk/medusa-mining-ltd--mml-/rns/co-o-mill-expansion-project-managers-appoint-admin/201306210818275752H/ Co-O MILL EXPANSION PROJECT MANAGERS APPOINT ADMINISTRATORS (ASX & LSE: MML) Medusa Mining Limited ("Medusa" or the "Company") wishes to advise that the ASX listed entity, All Mine Group, the parent company of Arccon (WA) Pty Ltd who manage the Co-O Mill expansion, appointed WA Insolvency Solutions Pty Ltd as administrators on 20 June 2013 (see ASX announcement under ticker AZG dated 20 June). The Company was advised by letter Thursday evening 20th June. Medusa is currently uncertain as to the timing and the effects on completion of the finishing touches to the mill and full circuit commissioning as dedicated commissioning personnel were scheduled to mobilise to site imminently. Discussions are expected with the administrators and direct communications with personnel on site are underway to minimise disruption to site activities.

ye but i thought that was made clear on monday (i think it was) [been away for a few days, need to catch up] RNS on monday: "In the absence of any such engagement, there will be no further proposal from the Consortium and no offer for Severn Trent shareholders to consider." Usual over reaction from Mr (Thankfully Silly) Market. Surely those words made it pretty clear nothing was going to happen.

reasons? TY

Will keep my eye on these. They seem good value at these levels with a good solid dividend. Cant go much lower imho.

Jarcon, in reply to your question, i honestly have no idea what the driver is. Ive research this share for about 10mins in total (reading the odd RNS), all i know is you can make decent cash by trading the technical's (chart & level 2). My strategy is making a little money each day, which has its positive and negative points, reason being i dont like playing second fiddle to the politicians and media. However, stick to what your best at, if you believe there is good value here, ignore the wild swings and wait for the value to shine through. Good luck, all the best