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Also very bored but I think that’s a good sign! Back in Oct/Nov/Dec everyone was expectant. Now people are just patiently waiting, it’ll be a nice surprise when it does drop.
Regarding the non binding to binding, I’m also tired of all the “8 weeks” stuff. Nonsense. That’s like saying a house sale in the UK “usually” takes 10-16 weeks from accepting an offer. That’s a fact, but some house sales I have known to take 20-30 weeks plus. All depends on circumstances.
Also a non binding offer could be “we will offer $5bn as long as x y z criteria are met. That could be that the DFS came back with a/b/c quantity/quality of certain resources, or additionally that EUA can get production up to a certain volume by a certain date. There could be so many conditions inside of a non binding offer that need to be met before they may or may not become binding.
Could be today, could be December. Part of me now hopes nothing is announced before April so I can top up the ISA :)
And that is just for an offer price RNS. Waiting for the deal to complete could be another 3-12+ months if you want to hold out for the full offer price rather than sell at re-rate
My take on this is it’s a pretty standard disclaimer.
“This RNS contains information that will be SP sensitive. Any trades based on this information PRIOR to the RNS official release was illegal”
I don’t see any connection to the sale and NDA’s
Agree Stix.
Do not give cash, give vouchers/food/necessities.
Only problem with that is all systems are there to be manipulated. If the vouchers gave clothes, they would be identifiable and targeted as a result. Hello fresh type food parcels would be absolutely fine as a quality, however they would no doubt be sold to buy other stuff. Even if a “luxury” or two were added in the weekly benefit allowance - alcohol or cigarettes - it would still be manipulated.
Sadly people think they have a “right” to the latest iPhone. Sky TV. A foreign holiday. Netflix, Disney + and a 70 plate car on tick
I know some of you know JT, so thought I would post this from another company forum wishing him a speedy recovery
Message to all from John JTMAC
He has been admitted to hospital due to Coronary Heart Failure . Looks like he will be there for a while pending tests to see if he needs surgery for a pacemaker fitting.
He sends his apologies to those who know him for not being able to do his regular updates on the board and hopes to be bacl very soon.
Im sure some of you will join me in wishing him a speedy recovery, and I look forwards to seeing him back online soon.
Lost a small fortune today, thanks to ****ty brokers. Not on EUA.
So made this to cheer myself and others up. Enjoy!
https://youtu.be/fTR0BF4TZAU
It was me who said at least 30% drop in the event of no deal, and yes that may be optimistic but I do believe the “sale” hype is what brought us up from 18p.
Either way, any drop would be a knee jerk reaction from the impatient “investors” and we have many other options, including picking up a shovel ourselves.
But we will be sold :)
Oh. And forget the concept of a dream house.
I put in an over asking price offer for my dream house back in July, with a 70% cash deposit, and it was rejected for a lower offer of 100% cash. Absolute kick in the nuts then, and still now.
I still haven’t found a new dream house that compares.
But I’m sort of accepting of the fact I never got it.
And with more money from the EUA sale and other investments, I will be in a different league of houses to my previous dream, and that keeps me positive. If I bought the July dream with my 70% cash, I wouldn’t have been investing now.
As optimistic as I am about this sale and reward, there is a chance there is a no-deal and that will cut this share price by at least 30% in no time.
Can you afford that? And can you afford the dream house if it happened?
I appreciate that’s the dream house has put you in this situation, as opposed to staking more than you can afford to lose.
For me, I would put a sell order in for 32p (if you aren’t manually watching) so that gives you an extra £18k over today’s price and guarantee the security of your dream.
Horrible situation to be in, it’s an open discussion with the wife, covering all scenarios and being happy TOGETHER with what is agreed.
If you sell now, you get the dream house.
If you sell once we are officially sold and it takes 3-6 months you may have 3x more for a dreamier house if you can’t delay this one.
If we don’t get a deal, you could “lose” 30% or more of the current value overnight, albeit it will come back up once we start mining ourselves, but you won’t have the dream house immediately.
Screen price is immaterial. We will be bought for what we are worth to the right buyer.
Imagine an estate agent values your house at £450k. You advertise it at £500k. If one buyer only offers £450k then so be it. If another buyer REALLY wants it, they’ll pay £500k. If two buyers REALLY want it, you get a bidding war and maybe get £550k.
Screen price is kind of meaningless other than a rough guide of what the seller would consider selling in the region of IMO.