Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It’s been an unbelievably frustrating hold not helped by a management than are either incompetent or are to busy pandering to the largest shareholder. The 1.5p payout is unbelievable mean when they are suppose to of sidelined a much larger amount to be payed out to shareholders. You’d of thought being listed on the London exchange they would have more accountability to shareholders but obviously not.
I always have a good laugh at these boards. You get the obvious ignorant nutters who ramp and deramp posting inane tripe. Then you get the articulate characters with postings that make them sound all knowing and intelligent but really its just mutton dressed as lamb tripe they post. All with obvious agendas.
I struggle to be convinced by Hex. How many ipo’s actually crash and burn to be worth a fraction of the original price, vast majority for sure. The somewhat rampy promotion on the hex board does little to inspire confidence.
I’m interested to see what happens with the dividend if it gets cut or not. I know there’s been a few discussions on here from more knowledgeable people than me of a suggested cut, by some, to 5p which is still a very attractive return on todays price. We might have a bit of a wait for interest rates to start falling but fall they will eventually and people looking at holding long term, especially new ones like me buying in at these prices, will hopefully be rewarded.
Notice I said hopefully, we always live in hope 😬