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We will just have to sit within this range until 20 billion shares or so have been churned before we make any significant moves. any news provided now will just be negated by massive sell off when the SP attempts to rise.
Terrible news this placing, RNS clearly reads there is no JV in sight at all. More placings to come in future, probably need another 35 billion shares or so the get to their target figure so next one will be around half the current placing. Think I’ll cut my losses tomorrow.
Chudditch has no restriction in terms of route to market. This has been reiterated several times by the board. Yes there is a wider political debate surrounding sunrise which for some reason chudditch is being dragged into. But the reality is Baron is free to do what they want with it.
I have to say it is funny to read all these ramps comments, then to see it flutter and die when the buy high sell low chickens move out. :) this is heading back to base camp 0.8 for the time being this share is not ready to rock and roll yet.
Passiton, you paint a very rosy, hopefully realistic picture. I can't help but think that these numbers are a while off yet though, possibly post drill. By which time we may have had to take hit on our stake to accomplish said drill, again depending on funding route taken. I would still be extremely happy with 1p though.
This share is now a traders paradise. It will be extremely difficult to hold any ride. The sp is so far down compared to where it should be (according to the wise old men) it going to be a couple years before we are back up to decent levels again.