Member Info for ElectricLion

"The fellow is here for economic reasons plain and simple."

If everyone was logical like Mr. Spock, this would be true of us all. But we are all just bags of emotions. I think it's some sort of catharsis for him honestly. I think he's had a rough time. Though he says he's OK, that's not what I'm hearing.

Https://xkcd.com/1911/

Don't forget frenchie, you're talking to someone is was thrown out (and then barred) from an AGM for being drunk and threatening. Puts it into perspective I think. Not someone I have any interest whatsoever.

Agreed on the facts of the case, as I mentioned previously. But no need for the aggressive and frankly emotional language either IMHO. Personally I am not arguing for it, or any other outcome. (In all honesty, I'm watching carefully to see some of the uncertainty reduce in some way, and then may buy (back) in (I have been a holder in the past)). As I also mentioned however, if the company does find itself in a tight spot, it is better that they are able to raise funds by any means necessary if they have to, rather than not being able to, which may result in a far worse outcome for all in the end.

Check my link Theorist. It happened in a share I own. So don't tell me it's impossible!

"Which at present can only take place at 20p or above "

There may be some confusion about this. Strictly speaking, as things stand today, I believe this to be true, as raises cannot be done below par value, which typically starts off at 1p, but is now 20p for this share following the consolidation.

However, this is a fairly minor technical matter in the grand scheme of things, easily overcomeby some accountancy gymnastics - specifically, a stock split. See this example: https://www.lse.co.uk/rns/CNR/proposed-open-offer-to-raise-up-to-16339m-a4tik9tfdwi7a3r.html

So funds can be raised below par value in needsbe. This is actually a good thing if you think about it - while no-one wants to suffer the dilutive effects of a fund-raise at such subdued levels, it could actuallybe worse for the company, and therefore it's shareholders, if the company needed to raise funds, but was unable to...

Got my top-up done at 0.7p. Didn't think I'd get that price after yesterday's RNS, so content with that. Price is what you pay and value is what you get. I'm inclined to think value is a fair bit higher than this, but WTFDIK...

Just tried to pay my £1.99 for 24 hours access, says it'll send me an email to activate my membership, but it hasn't so far, so I think it's screwed me. Errors all over the site too. Looks knackered. Unprofessional frankly. Don't think I'll be giving him any more money in future. Will take that back if my email arrives in the end, but I've a feeling it wont.

Just taking up the MMs spare stock before they'll move the SP I'd think. Patience!

Damn. My top-up funds haven't hit my bank account yet! Keep the SP down for another day or two please! lol

I see fools, noobs, scumbags and charlatans of all stripes . A chance to make a quick buck does seem to bring them out of the woodwork. Those in glass houses shouldn't throw stones though... if you see what I mean...

Hard to begin a serious intelligent conversation by addressing "cult members". Not a constructive start is it.

Regardless...

Refute some of the concerns I rasied in my 20 Sep 2023 17:33 post, and then we can talk further...

Some here will have invested more than they could afford to lose. A proportion of those will be in a pretty dark place right now. I've been there - I wouldn't wish it on anyone. To those folks - take a walk, talk to somone, have a beer maybe (but only one or two). Don't look at the SP for a bit. Don't read the board for a bit. Don't do anything rash.

https://en.wikipedia.org/wiki/This_too_shall_pass

Https://www.bbc.com/worklife/article/20200827-how-survivorship-bias-can-cause-you-to-make-mistakes

Somewhat related to previous posts - but not targeted at anyone in particular (honestly) - and since there's not much CNR-related chatter to be had right now, some may find this relevant/interesting: https://thetaoofwealth.wordpress.com/2013/02/17/harry-brownes-17-golden-rules-of-financial-safety/

Some may win the lottery, or strike (no pun intended! (or was it?!)) lucky in some investment or other, the surer path to wealth for most is to focus on your career. Naturally, choosing an individual stock like CNR is also against the rules, but you gotta live a little sometimes! lol

Also, this: https://www.youtube.com/watch?v=XamC7-Pt8N0

It was 7 cents when I *first noticed* RR's advocacy, and bothered to check the price for myself. Better? At least you're not calling me an out-and-out liar I suppose, so there's a silver lining. RR must have been plugging it for longer than I realised.

Regardless, you quite clearly have some insecurity on the issue. Doesn't your life-changing wealth insulate you from needing to prove yourself to all and sundry on an anonymous internet forum?

Besides, if you take the word of *anyone* at all on an anonymous internet forum as a basis for your investment decisions, whether that's me, nero, RR, Seingred or yourself, then you have only yourself to blame if it all goes wrong, and cannot take much credit if it goes right. DYOR is the name of the game surely.

Indeed. A bit odd, but there we are. Some just have a chip on their shoulder I think. Not a lot else to talk about to be fair. Hopefully we hear something soon to sooth everyone's nerves.

Congrats. My plan was always to go to 4 days a week at 40 and retire at 50 (I'm a work to live kinda guy, not the other way around), but I'm 41 and not gone to 4 days yet, so running a touch behind the grand plan! Hope to make "principal" software engineer next year (if "senior" winds you up, I'll try to remember to mention when I make principal, lol), at which point I can go to 4 days and still make same as I do now on 5, which is enough TBH (always gotta know when to stop chasing, particularly when the tax man starts taking bigger and bigger chunks of it!).

I hadn't kept a close eye on StrikeX, not really my thing, but I did recall that RealRanger was punting it at 7 cents and it's now 2.65, but as you say, it must have moved in between times, affording opportunities for trading (unless there was a consolidation or something). Glad I didn't HODL at 7 cents though!

Either way, civilised debate beats holding on to grudges in my book.

Ah right. Good job you're here then I guess. How's StrikeX doing btw?

That sentiment has been festering for a while hasn't it Willowman? It shows. Nero's living in your head rent-free.