Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Jimzi, if they do go private, I really don’t think they will, you can still keep the shares, you don’t have to sell, I just don’t think it will be as tax efficient if private, that’s all, I am still in until PRD news at least, that’s say 6-8 weeks away I think, they could be getting all there duck in a row for that and increase in share price but what’s happened in 2024 re share price collapse for no reason, placing and options leaves a very sour taste in one’s mouth! Think out Trevor has a lot of making up to do and hopefully this will succeed, don’t forget MS/ CS have about 20million in shares and options, so plenty of skin in the game!
Trevor has given himself just enough options to keep him and FAB under 30% threshold by the looks of it, with TB/FAB fully loaded expect the rest of the year to be good news incoming only!
Trevor is chuckling to himself over breakfast! Hopefully good news soon!
Hi Steve, I am sure if you keep your nerve then you will be back in profit, I know nnn was a shambles, good weekend all
And that is the point Caurious, Browns not going to sell at a loss, Trevor nether does! 10p here we come😃
Well done Cautious!
Trek, it’s done now, you can’t beat the man/ system, I just want to recover my losses now and move on at some point, look at Hemo/Avacta, same happened there, I think Hemo was worse than IQAI! Sentiment is good but it will not go anywhere but as you said it might flag up for the future.
Well someone just picked up another 300,000 shares at a good price, don’t think it will be long until we are back in the 2/3/4p range, just up to people if they want to pick shares below 2p, I picked up 30,000, yesterday might buy more next week if still below 2p
Company confirmed to me it has when stated in RNS
Tyke, we can’t but for FAB/ TB to make serious money they have to sell out at a lot higher than 1.65p on the bid, just so disappointing but as said either in or out but nothing else you can do, I am at a loss so will not sell now, PRD resubmitted so let’s see were we are after that outcome which I believe will be positive.
Morning, so FAB took 12 million of placing shares and FAB/TB just back under 30% I think, Trevor knows no shame, hopefully we can now move up and start to make up our losses.
Morning, nasty placing at Hemo, broker Peterhouse! Also main listed, shares traded at 6.5p 3 weeks ago! Anyhow interesting day tomorrow hopefully and positive!
Tyke, can’t make out if you are being sarcastic 😂 but how could I think that😂as you said all will be revealed soon.
In all honesty people have just got to move on now, despite how much it might stick in the back of our throats, main thing IB are moving forward and science makes sense, just got to play TB at his own game if you can, still money to be made here but disappointing we are back at these price, don’t think anyone is in profit at 1.65p on the bid, maybe not even Trevor!
Don’t think FAB took any, how can FAB sell in Jan then take shares on placing for at least half the price, especially when your dad runs the company!😂
Tyke I have had it confirmed that PRD has been resubmitted when stated in RNS, placing done, not happy with price and proved difficult to take up PI quote, my view now is you are in or out, we have to move on, don’t think FAB or TB have taken placing shares, I could be wrong though, as said will give another 3 months and see we’re we are then.
Berti posted that you need 75% of shareholders to vote to agree to this going private, TB/FAB/ Schimandia (spelling!) own just under 40% , so cannot see other shareholders agreeing to this, if private you lose all tax benefits of ISA I think plus you cannot sell quickly if you need the money, IMO, going private will not happen
Waiting not eating!
Sales have always been made per accounts, CPT code will make it easier and more wide reaching, IB llc, American arm which Mike & Cath work for are profitable, they receive all the grant income and sales, IQAI is loss making due to directors salaries of £160k, auditors remuneration £34k, amortisation of £134k, CLN loan interest £10k and stock exchange listing expenses, RNSs are £4k ago apparently and finally research cost of £166k for Glm, make up the £511k loss, all per the December 2022 accounts, Trevor choose the cheap placing , still eating on RNSs re who took the £20mill at 1.5p, can’t believe they have all been pre sold, not enough volume, have a good day everyone!
Interesting article Bertie, problem we have is the CEO/ director made explicit comments about share price and how it should be higher! That’s the problem for so many, private investors have to rely on RNSs to make investment decisions, we have very little to go except that and twitter! Trevor needs to explain what is going on but by the looks of it that is not going to happen, PRD has been resubmitted, so will give this another 3 months and decide what to do then, will probably buy more shares next week when back from Florence, visited Antinori winery today, incredible building/winery built into hillside and if you like wine well worth a visit!
Well said Trek, interesting if you get a reply, in Florence on holiday and have a wine tasting later in day which will take full advantage off!