Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What a mess. Financial guru Fraser can't even flog junk bonds at ridiculous rate. He played this the worst possible way. P45.
Awful rate for bonds in times of all time cheap money. And that they still struggle to sell them tells all you need to know.
There is no buyers at this level and MM don't want hold any stock there for massive spread. Under 3p it may change.
Three directors spent £53874 between them. That is insignificant buy relative to their wages. Therefore I regard it as spoof action. If they buy before news(and you claim that news is coming, then they clearly would be aware of news) that is insider dealing.
Are these ' institutional investors' aka spivs selling off placing shares in to rise? Maybe. Smells suspicious.
Dodgy TR1's followed by spoofy director buys indicates placing ramp. We will see.
You will get it shortly. Market knows the deal.
Looks like a spoof before placing.
So their current position could be 0% or 50%. Is this some spoof to support share price so they can sell out at higher price? Dodgy stuff.
Myosotis is dangerous type of poster. He appears informed and relatively intelligent. He claims everything is alright regardless of situation. Like that meme with dog sitting drinking tea while house is burning. It was fine at 35p, fine at 25p and still fine bellow 15p and I have no doubt will be fine bellow 10p if we get there. Just hold, it is all games etc. Some people listen and helplessly see their money disappear. And all because they listened and forgot to engage their brains. I am not saying he have bad motives au contraire, but be careful, track record is not good.
13.5p is here and heading to 10p. There are not many buyers and a lot of sellers. Why would anyone tie their money in this uncertany for years when there are much better opportunities out there. Constant shareholders value destruction is only certainty. Cult member group hugs won't help.
Once Ceo starts talking about delivering for Stakeholders you know it is game over for Shareholders. There simply is not enough buyers to support sp. Most lth, believers and gullible ones have filled their boots by now. Big fish will wait for production to buy as Fraser himself said about funds short term thinking. In the meantime there is massive overhang from placing. Hence my earlier prediction of 13.5p in very short term and 10p if panic selling starts. And that all before bonds issue is sorted. Sad situation.
13.5p must be on the cards in short term. But can it overshoot to 10p?
Spot on Sxx4me. Once you drop pretence that Fraser is Mother Teresa of finance world you can see through his statements. And suddenly blaming Brexit for failure deliver St2 financing is a massive red flag.
The shackles are undone, the share price hits new highs, the heat that's in the sun, will keep us when there is none. Ohh can't you see 20p is coming, ohh can't you see 20p is coming, it's coming very soon.
The lid is off. The coil spring is released. The seller is gone. First stop is 20p.
Stifel Nicolaus have 40 day quiet period after appointment. In next week we should see bullish note from well respected broker. It will start re-rate.