Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think you may be right about the raising the share price as when vod rumour mill tower sell off into separate company was mooted. How long vod sp stays higher remains to be seen.
Would an Openreach rumour have such an affect on the BT share price though. In fairness, I would also probably flog my BT shares if they spiked significantly higher,but are there still too many drags on the company anyway. Plus if they did somehow remain between £2-3 with a divi at 4% or more that might be an attractive hold.
TLWilliams, trouble is that everything now has an affect on share prices. The most puerile social media musings, FT comment, bizarre analyst comments or US/China spate or central bank not guaranteeing a free lunch any longer creates mayhem.
If the world cannot over consume on credit, pollute the world or destroy our environment then instant gratification is not achieved.
The crazy low interest rates to sustain the indebted and companies borrowing to buy back shares to make the bottom line look good.
It is built on a bed of sand.
Even at full production I never imagined that we would see £1. I'm down but holding at a paper loss of 27%
I'd be disappointed if it lost me my entire holding but it wouldn't affect me financially just prevent me buying such a risky share again. But what currently isn't a risky share.I always knew it was ambitious but believe in the product given the hunger for effective fertiliser to feed a burgeoning world population.
The length of the tunnel was the one real concern and what it would take to get it completed.
But who would make a bid in reality? I mean a genuine and bona fide bid and not some ramping share spike nonsense that fizzled as quickly as it started.
What would be the attraction? The pension deficit, the infrastructure commitment...…Every advantage that BT has had has been wasted.
If we look back to the dotcom bubble, but unfair perhaps then this share is a mess aside from the divi.
If it was taken over what happens re: divi? Presumably suspended due to current malaise driving the sp down after a spike.
Personally, I would be delighted to see BT between £2-3 with a divi of 4%-5%.
Would BT be so affected by any real downturn/hysterical Brexit armageddon scenario. How many need or use broadband and that needs a landline for a reliable cost effective service. People aren't simply going to disconnect their phone lines to lose the broadband.
The DB nonsense was self fulfilling but certainly the share price couldn't have been affected by people like us. However it does spook many people.
Who would buy BT in reality. A foreign buyer is almost certainly out of the question given the nature of some of the work that BT does so leaves domestic buyer. What would they be buying in real terms; a pension deficit, a committment to achieve broadband infrastructure/service levels.....
Without being confrontational, who the hell would want a bunch of whinging shareholders who pretend to not know the rules of the game.
It is no comfort I know to those who are worried about the funding etc and all the conspiracy theories, but rule No1 of shares is to only use money you can really afford to lose. Same as betting.
All the angst can't influence a thing.
The funds will or won't be obtained and the project will or won't materialise to the point it actually produces fertiliser at a profit.
If anyone knew more then they wouldn't be on here, myself included.
If on the balance of probabilities you believe the project is doomed under current funding issues then sell at a loss(assuming you bought above current levels) ,but assuming that no one here really believed that the government or a sovereign fund owes us a living then stay invested with the absolutely known risks associated with that decision.
Deutsche Bank's cyrstal ball?
Aside from the natural ex divi price drop and the jitters about a divi cut this all seems to be about achieving a self fulfilling analysts prophecy to see the sp lower.
People buy into this nonsense evidenced by the current sp and convince themselves that to match their own outlook. The bigger sells which of course have a correlating buyer eventually drives this along with the game players.
This is like Vod to a degree in my opinion. SP drops and then on a rumour of flogging masts (which can only be done once) the sp jumps.
BT has all the means to drive the sp higher(whether they get their act together is another thing) eventually ,but only if Deutsche Bank says so apparently.
Sounds pretty good to me.
If people didn't/don't know the risks associated with this company then it begs the question what did they think they were buying.
I'm never sure what it is posters expect others to tell them to make things better when a decline happens. Shares mostly are a gamble as if you went to the bookies and placed an each way on a horse.
How many have seen the pharma cash burn time and time again. SXX is going to burn plenty of cash to get to production stage. The difference is that the product is actually there and is supposed to work to help feed the billions.
If you believe this is going to the dogs then get out with whatever you can salvage,but if you still believe that this will actually get the product to market under current investor steam then hold. It surely is no more complicated than that.
Point 3. is a salutary lesson for flappers. " I haven’t invested more than I can afford to lose, it will be a very bitter pill but I’ll live if I have to swallow it".
What day in 2021? Wednesday is good or maybe a Tuesday.
I know that the government,civil service and BofE has a permanent feed to the sxx forum so are almost certainly convening a meeting as we post to organise billions in funding.
You may well be right.Not sure if it the tunnel connection or debt that makes that scenario more attractive. But on the basis that I bought sxx as a gamble on the fertiliser making it out of the ground and turning a profit one day I have held.
Makes perfect sense to me. Two choices.
What would you say if the government backed every start-up with potential. Isn't government involvement what the supposed anti capitalist champagne socialists (New Labour) do when they want to waste taxpayers money at a faster rate than normal. How does the government then extricate the taxpayer at a profit or even break even point, because it is the taxpayer when we speak of government.
This is part of what ails us domestically, EU and internationally the concept of free lunches. We have a generation who have no concept of risk.
What next? We try and sell or we wait,hold and if necessary with a stiff drink.
The current wider market isn't helping but this environment has been building since 2008/9.
What's the panic all about. Funding roadshow has been pulled for now apparently due to current market environment. The FT reports it and some people lose their minds seemingly forgetting that shares are a gamble unless you are in the circle of financial thieves and liars. If you don't know that then stick your money in a savings account.
Of course it could be people playing silly buggers, it could be that the mine doesn't ever complete and the directors,advisers etc have had a free lunch or it could be that funding does get sorted and the mine does eventually produce the physical stuff that seems to verbally pollute some of these forums.
All the whinging and angst here won't make a single point movement to the SP.
If i lose my investment so be it. I knew that was a possibility when I bought the shares.
If someone knows something substantial then I'd be delighted to read it. Whinging I can get anywhere.
Who would buy this currently?
What's all the fuss about.
If funding holds to first produce hitting the market, customers do actually buy in numbers and a premium is paid for what is supposed to be a superior fertiliser poly4 and better than the Brazilian and other stuff then it is a waiting game.
Because this share has been up and down like a bar maids draws and some shorting has taken place there is some panic
If you aim to hold to commercial production then as with all new ventures it is a gamble but unless you have insider knowledge or can manipulate a share it always will be.
I put £10k in sub 15p and really couldn't give a monkeys if this hits 5p as my time frame was 5-8 years.
Isn't this the point with penny shares that you hope for big gains but accept there may big losses.