Member Info for FingerInTheWind

Just interested in the upturn here, held for a while and a slow gradual improvement in SP, do you get the feeling that general market positivity is impacting even the smaller companies?

I must admit I am a little sick of this share, I have held for a few years and sat on a considerable loss, I do wonder where shareholder value comes in, all Board of Directors state it but appear to rarely deliver it. This just seems to be a shrinking giant and makes me wonder at what point the rot stops and the value starts increasing. I know that most companies are cutting out the dead wood, rationalising, cost cutting and selling non-core elements of the business but when will this sell off start showing as a positive to the share price? Are we doomed or is there a future?

A couple of questions: 1 - can we invest in the Aussie market or is it restricted? 2 - is it worth us investing in the Aussie market as the SP would rise and fall the same as the UK wouldn't it?

Just as I thought the SP was on a gradual increase...POW see of red and the SP falls! What is up???

Looking good for a Monday after last weeks slight retreat, this is almost becoming exciting!

Thanks for the help, I have received my notification through and it has given me the options as Bonz1957 said, thank you! But looking at my holding which is not massive I admit but if I sell my nil paid now I have been quoted 95p and that leaves me with a £200 short fall if I want to take up my full allocation of shares! I assume if I take the option of selling my nil paid to finance my rights then they would buy as many as my nil paid sold value would allow and I would miss out on the discounted share price. Thus at the end of all of this they want me to invest another £200 in the new shares but have to pay commission to sell my nil paid but assume the purchase of the new ones would be commission free! So many questions....I have come to realise you cannot really have a long term view with shares ie. buy them and leave them for years...you have to keep checking because they all do the RI's at what seems regular intervals!!!

Is that right, I have to sell the nil paid rights? So my initial investment after the consolidation is worth much less but I have a load of nil paid rights that I must sell and then if I wish buy more rsl shares but pay the commission to get back to my original investment value?? Seems a ridiculous way to go!

Yes it is all confusing, I have small holding...so do you keep and see what happens or make that small investment to convert...or realistically are these dead and any money invested is just throwing good money after bad? Or are there so many unknowns except that it has been dire for the past year or so! Is there any mileage in having a product that might do some good in the States but looking at the lousy sales in the UK makes you wonder if the product is that good anyway...oh I am so cynical!

Doomed...what is happening with this company now???

Looking good this appears to be on an upward track, good news ahead one can only assume...

This could be the start of something...don't know what but these are big buys for this share....just wondering whether to avarage down a bit...ummmm

http://www.investegate.co.uk/Article.aspx?id=20100430070000P27A2

I was in at 9p and again at 17p so sat at these levels still blue but I am concerned that a small company with an inherited pension hole of such a massive size and a relative small turnover, how can it ever get straight? If we were looking at a well managed efficient company this is a great example of a recovery stock but what impact will this pension burden have on the SP over the coming months and years. It must be a shackle that cannot be broken but lived with. There must be so many companies in the UK like this. So do I cash in my investment and take my profits now and leave a bit in for speculation?

That can only be good news, nice to see multiple buys and some 1,000,000 shares plus bought, I am hoping that this shows good direction for the SP and support for the future. I am sticking with them but do need another 0.5p to get me to make a decision!

I dont know, they want you to invest in them...then when they do...they clear off and wont answer any emails! Are they still going? They have not responded to any emails from me.....I have not tried phoning them yet...but is there any point? I am not sure why is a business has gone ....why there is not more information about! Ok they have to follow due process with regard to redundancies...but as investors in a listed company how come no information has been sent out?

Please oh please no retrace!

Wow, look at this fly there must be some news due....and no spread when it is usually about 20%, some serious manipulation occurring I think!

I agree with most other than Titanic...not sure where his positive comments come from....I see no good news...in fact I dont see any news! I too bought at 3p so alas I do not want to accept that sort of loss. I bought in on the huge reserves that they then sold for nothing...what little is left is not going to increase the SP much. Alas I see this as one of my banker bets that bombed! Now lots of patience required!

I bought in on Monday at 12p after the upward move started.....it is looking good....I never know when to jump out again though, this has massive potential to shoot up high with the new contracts that are starting to appear....or if the finances go wrong bomb or disappear....choices choices but fun all the time.....love big blues like this!

I cannot believe some of the comments here! I bout in at just over 3p when they were sat on huge reserves in China........huge excitement....huge statements of untold riches for all....then they sold out to China for a pitiful amount as they were concerned that they would not get their license renewed in China...the SP halved when sat on billions and this was only a 2 months ago! I would love to ramp and dont want to de-ramp but from what I understand is they have a single opportunity at another mine and some cash from the undersold price of the huge reserves! I am not bitter.....I want this to increase again but my experience is now soured! I even got an email from the MD explaining why they sold out before to the Chinese....very depressing....