Ten grand - pre LEN split. 😆
Then Pop.
To sum up: We're running from aim. If you want to keep your shares you can - but you'll struggle trade as we're only going to be on ASX. It'll probably cost you lots more. We've still not found any investments. We're going to carry on as before. Kiss your own investment goodbye. Did I miss anything out?
quiet in here eh?! :)
... :(
Up to you what you do mate, NEVER let anyone dictate to you. Be wary of dampers and derampers, both have agendas which try to catch investors out by playing on sentiment. If the fundamentals stack up/make sense and you understand the company, you can make an in formed decision. Have a strategy, be confident in that, but review it when necessary. This company isn't going bust, its not even tight for money. SP decline is, amongst other things, as sales have fallen short of expectations, so forward projections are reduced - as is SP. If the company is sound, and you don't NEED to convert shares to cash, then why would you? Falls happen, as do rises.
I agree. I averaged down from 150 to 130. Then down to 115. Then pulled the plug on this pile of dung when it happily sailed past 95. The cynic in me believes this was all engineered by the Ruia Bros right from the start. Lets face it, they were pretty pi$$ poor at releasing any good news designed to support the SP. Then the shorters jumped on board. Unfortunately, LSE does not have an opinion button for 'Con artist c**k juggling thunder c**ts'.
As of Oct 13 they had $38ml cash in bank. 2013 drill program to be extended, at cost of $17ml. Extended drill program has been mooted as LRL wich to prove a resource for 3rd party to take on (thats how I read it). De-merger to Leyshon Energy and Leyshon Resources (or Mining) will see the hive-off of the 'energy' business into an exploration/extraction entity (as I read it); leaving the other 'arm' of the business to dig for minerals, probably @ Mt Leyshon. Following hive off, 'Energy' will quickly move on opportunities which are already being evaluated, ideally those able to deliver rapid return and growth of investors cash. That's how I interpret the 29 Oct 13 RNS anyhow. Bottom drawer share for me as I got in high, and couldn't top up low. DYOR etc. :)
At last, a large buy to show some forward confidence! Come on DIA.
Thought these were worth a punt last time they dipped below 90p - and sure enough they gained nicely. No funds back then sadly. Sub 90p again on nothing new, other then things are taking a bit longer - long term value still there. Again, no funds for me to play with!! 3rd time lucky vlx!? ;)
Odd...very odd...for us to fall so far in one day on news that was well known back in Sep or was it Oct...? Odd. Smells abit to me of order filling, but then there were three very big sells in the last 30 mins of trading. Odd. Still a chuffing good medium term hold/add though. Look at the forward growth potential. If they achieve the sales they confidently forecast, this will do very nicely indeed. Again.
The wolrd exists on debt. Essr is no different. People will always need power, amd its associated infrastructure. The Indian sub-continent desperately needs more of both. Granted the company has nose dived since list, but I think we're near to climbing out of the pit. Things are slowly coming together. Brokers are still looking positive. Short term I see 125-135 range. Long term (6 mths +) I see us going back 145-155. dyor.
Ironic mate as I was going to put a stop on at 8.5p when I first bought. lrl is by far the largest AIM investment I have made, so cheeks were a bit clenched when 6 didn't hit the mark, but I focussed on my long term strategy so held firm. Re-iterated the lesson to me of believeing in your research, and not falling for crowd psychology... :)
I must admit, the brow was getting sweaty at 8p, seeing as I got in at 18p! However, I was always investing for growth, and IP > Leyshon have this in bucketloads. Great comeback, the initial drop on RNS, follwed by counce, indicates that we lost investors perhaps uninformed who didn't fathom the growth potential...and we gained great support from those who were sitting on the sidelines. I'm going to move a few other pots around to pump some more cash into LRL. Holidays are coming!
Hence walk up to 2280's then boom back to opening price. Done this a couple of times in the last 7 days or so.
On the way... :)
Strong results on the way...?
Smart Education and Learning market to grow by compound annual rate of 20% to from 2012 to 2017. PRW is a key player: http://www.sbwire.com/press-releases/smart-education-and-learning-market-worth-2200-billion-by-2017-281159.htm
PRW announce new funding facility, pushing back bond maturity to 2017. Good news. http://www.manchestereveningnews.co.uk/business/deals/education-technology-firm-promethean-world-4873357