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I've been buying AEG since 2015, as it just makes sense. I know there's some evidence that pellets in a coal power station isn't the bee's knee's in terms of meeting a zero emission situation, but... it's a great and worthy transition power source, and as others mention, reduces forest fires and waste.
Every time it drops, it needs a 100% gain to get back to where it was a week ago. Glad I was out at 5p.
I've held about £6k of JLP since maybe 4 or 5 years ago. Averaged down to 4.8p.... waited for ages to be in profit.. finally this summer was out of the red, and with a little 1% profit, decided to sell due to two factors: covid/brexit. Just wanted to be in cash this year, as I don't have time to trade full time and keep an eye on it all.
Well you can imagine how ****ed I am today. Had I held I'd be up 115%.
Oh well.. will have to start buying back in over the next few months when it dips and we're clear of this brexit nonsense.
I've held other stocks that delisted and it's just gone to £0.00. I'd rather not hold out for hope in a couple years time. Happy to be wrong on it, but I can still do something with what I have left, rather than 'hope' for a couple years.
at 5p.... and 90% loss. But rather use my remaining money to claw back the 90% with some better trades, JLP etc...
Disappointing, but the risk was always there to be fair.
The main reason for this share to be down so much is it's about to be delisted. Removed from AIM. Thusly if you hold any stock you'll have a pain in the ass time selling any of them later.
It's be delisted as it's essentially a shell company of which brexit supporting numpty Crispin Odey owns(owned?) 70%+ of the stock. TSTR essentially allowed people to indirectly invest in SPMP, which over in Oman are the main investors in building the worlds cleanest Antimony roaster, with a waste product being gold. China currently dominates the Antimony world. So it seemed like a good investment 5 years ago. However due to delays, design faults etc, corporate nonsense etc etc... the Roaster has required extra funds to be completed. TSTR can't pump in any more funds. Odey has stepped down from his investment Co .
Correct me if I'm wrong on any of this.
What remains now is the decision to either cut losses exceeding 90% on original investment, or hold, see the delisting through and hope in a few years time someone somehow emails you with an offer to buy your shares for a large amount of ££££££££££££....
I had some delisted stock held in a ISA with Interactive Investments, I transferred to IG, but they said they couldn't transfer those delisted ones. Great... So be careful in the future when you move platforms, you might lose all the TSTR crap you hold.... dropped even further today.
If only I'd not had my laptop stolen in May 2018... I wasn't able to keep my eye on my holdings. I found out a week later it was the exact time I was in profit and could have got out of this mess.
Could do with out seeing it down to 10p, considering I lost my job last week....
And now I've been made redundant, in the same week.. so this sucks. Really could do without TSTR F***ing up. Not because I depend on the money I trade with, but just overall sucks to be kicked when already down.
https://citywire.co.uk/wealth-manager/news/odey-draws-up-fund-closure-crisis-plan-as-founder-faces-assault-charge/a1391108
https://www.thisismoney.co.uk/money/markets/article-8875105/Crispin-Odeys-hedge-fund-mulls-change.html
The fact he's donated so much to the Tories and supported Brexit should have been reason enough for me to have stayed well away from anything he's involved in.
I guess I just focused too much on the benefit of there being an Antimony Roaster up to decent environmental standards outside of China.
Well my £12k investment, currently worth £6k, is now...
Hopefully get something out of all this. But it's been 5 years of investment, had a couple of chances to get out, last was May 2017 when I could have made a nice return. Unfortunately wasn't monitoring it daily so missed the chance.
Overall... opportunity cost. Could have. Should have. Bought bitcoin....
My prediction, it'll fall to 134 approx. around 2 Nov and then retrace upwards from that. It'll fall and raise, but by 18 Nov onwards it should pass 150 and hold above there.
Better report on Bloomberg. Honestly sky news.... who doesn’t love a bit of Kate though...
Well... a lot of activity today, we might as well jump on the rumour and hype wagon and start making predictions for end of Friday, 45p anyone? Oh course must add a 'Wouldn't want to be out of this one over weekend.'
Delay to results, now out 30th Oct.
It's still 100% up from 1.23p which is where it was on a Thursday 3 weeks ago on the back on a RNS regarding Triller. At that was near 1000% up from where it was a further 3 weeks before that.
All to say, there were many chances to trade this, but anyone that bought in the past two weeks on the dreams of 5p or 10p where just being suckered into the typical message board hype. Sure maybe 5p one day, but you'll need to be patient. It'll come from either years of slow growth, or a spike on the back of an RNS+Hype.
Stock market isn’t to raise funds. It’s for the original investors to make millions, billions even when they IPO a company and dump it into the public realm. From there onwards it’s a game of trying to get as much free money as possible before delisting.