Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Of interest
https://www.bbc.co.uk/news/business-56077372
Snewby - after the FD and his wife bought shares - see RNS 30.06.20 '........the Company's Financial Controller and Company Secretary (PDMR), and his wife, Olena Wright, have purchased a total of 434,704 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at an average price of 5.76p per share.....', their actions convinced me more than anything else, that this isn't a dud.
From experience - Accountants - are the most risk averse individuals, so if the FD and his wife 'put their money where their mouths are.....', that can only be a good sign. Bearing in mind the regulatory requirements from a Director trading, until an RNS can be published.........
Granted Vlad is no PR guru and mustn't give up his day job - but this is no one trick pony. GLA. DYOR.
Ken - I'm now home-schooling, babysitting, trying to work FT remotely, whilst occasionally keeping an eye on this BB - as I suspect many are, so apologies for not responding sooner, in supporting you. Thanks to yours and others' posts I hold a positive and confident outlook. Whilst the naysayers may accuse me of sycophantic behaviour, I have 'done my research' and wish Awacta all the best. They have a CEO who is informative, positive and confident in his approach, working with Boohoo and the shares placing shows AS as a shrewd individual. GLA DYOR
Good luck Adam - I don't post much, but read the links others kindly refer to and read more and then more. I bought into TLW - made 50% profit then ploughed it all into 'Awacta' - possibly rookie mistake - but I've read as much as I can on 'A Vectra' and still learning more about the company. It has great potential, but that is it, only potential. AS, however compared with other CEO's has direction and clarity of expression, which provides me with confidence. You could sell out and buy in cheaper - but there is much talk in the press about the LFT - if and 'when' that news drops, the SP will rocket, so for now I'm happy just to simply sit on it. If that occurs I am going to top slice and leave the rest as a LTH……in support of their progress for the cure for cancer.
Like your £1,000,000 - reference to TLW - if only we had crystal balls......although from last night’s comment about the inflatable companion, I hope the individual didn’t have a set, in case they caused an explosion.
Faustus
GLA, DYOR, IMHO
Adamstallone - I'm sorry to hear of your news. I am a 100% newbie to this. Got my fingers financially burnt with Northern Rock in 2007 and not been back since, however when I noticed that the markets were falling by nearly 90%, this year, what an opportunity.
Whilst my comments below are not 'advice' - from a beginner's perspective, this is what I have learnt / taught myself over the past few months, which may provide some comfort. Also the points below are not in any order of priority. I simply refer to these in addition to the comments already made:
1) Consider alternative trading platforms if you are going to ‘over-trade’ – (although like you I did so initially and have now stopped) see > https://www.ig.com/uk/investments/share-dealing - (which was posted in an earlier string), I got this tip from this BB , so I take no credit, but it gives a comparison of commissions, how to qualify for the best rate etc;
2) Loads of posts refer to 'Do your research etc' - however one of the 'old hands' here, hit the nail on the head by stating that the newbies may not know where to look - which is / was true for me. I would like to thank many here - and you know who you are, for constructive points / direction. Presently I am a ‘passenger’, but hope to contribute (daily job / family allowing) constructively as others have done;
3) Teach yourself - I bought 'Zero to £1m' - by James Smith (and devoured it within a day of it landing) - after Googling and developing 'google eyes', by trying to trawl through the rubbish - again as a result of someone giving direction here – thank you;
4) Facebook – (a giggle for the old hands), yes I did send a PM to a nutter who promised me a 100% return in a week…….after a brief convo, I realised that it was simply a sales pitch to alleviate me of my hard earned………he was more clueless than me……but if someone is prepared to offer what they claim to be ‘free advice’, just politely ask them to cut to the chase and ask what their commission is…….and as a result, the wife is now convinced that I’m in the wrong job !
4) Go onto other BB's although I suspect that many here also post on those as well - to get more info – but don’t believe in everything that is posted. There are ‘rampers’ and ‘de-rampers’ as well as lovers’ tiffs – which provide light amusement.
5) Some you Tube videos are as much good as a chocolate fireguard but others are excellent - v hard to trawl through the rubbish - try and pick up the snippets of advice - '.......in every 10 years or so the Stock Market will crash by upto 90% of its value (in 2020, 2008, 2000), however most stocks will fall by a 10% - 20% margin per year……’;
6) No stocks are 'safe', for your hard earned, only afford to invest what you can afford to lose. Have you looked at Investment Funds - Warren Buffet allegedly recommends one.
As ever – GLA, DYOR IMO.
Just remember - Radix malorum est cupiditas. (I got a U in my O-level Latin and is one of the few phrases I ca
@jega - welcome - Have you tried the 'share fantasy game', which this site offers ? CFD's as a newbie myself I wouldn't touch them. There are some excellent posters on here - one I recall advised to 'wait and see' what happens in the first 30 mins of the day. If you're going to buy now - then good luck, as you've got to have brass b***s - imo. If you're investing in AIM - I no longer put stop losses on, as the share price can fluctuate wildly in a day, as the MMs have the financial clout to push a share px down or up, to sweep up PIs. Don't forget - only invest what you can afford to lose... DYOR - IMO
Bought in at .25p - out at 1.30 - thanks to the individual who wrote a post here about someone who was buying in at £492 close to end of business, several days ago. The cynic in me thinks that the Board will hive off the assets - or should I say the one known asset - into their Sister company and leave the debt here. Is the raising of more SC for the benefit of the Directors or Shareholders ? I think the former and not the latter. However I don't think that this is completely dead. I'm back in when it drops off completely but only as a punt.
I use another platform but am considering moving to this one - however am I correct in thinking that the volume of the stock sold / bought shown here, is reflective of those who have an account with LSE and not the market overall ?
I've been watching this for sometime and have used their App, which I'd give 4 out of 5 stars. Not perfect but has great potential. As a complete newbie I bought in at 3.89 and thought that was undervalued. This product reminds me of the VHS v Betamax wars.