Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It sure is a good time to be suspended! My only static share price. I just hope they don't come out too soon!
Unfortunately the ban is only on shorting stocks identified on the Spanish and Italian markets so there is no disparity in the marketplace. Can't see the FCA having the balls to go for an all out ban, good as it might be.
Download the doc here.......
https://hotcopper.com.au/threads/ann-operations-update.5262508
Interesting across the board today. Every one of my stocks (barring those suspended or gone AWOL to other exchanges) down in the red by between 2 and 18%. On almost every one however, buys significantly outweigh the sells. Seems anyone with cash to spare is buying the dips and still has confidence in the investments in spite of the threat to world health. Long and strong I say and good luck to all. Traders' dream at the moment if they have crystal balls or maybe balls of steel. Think I'll go take another shot of Tamnavulin and ease myself into the weekend. Enjoy and hope for better things on Monday.
Degsie, the problem for most PI's (me included) is that we have what we believe to be a rational faith in the potential asset value of a company, combined with a conviction that the asset value will be realised sooner or later, driven by world demand. Unfortunately, with AIM companies, I have come to realise that this is absolute folly. 'Valuable' resources in the ground are absolutely worthless for as long as the management lack the skills to capitalise their assets. When corporate performance is as bad as we have experienced here over the years, it is rare to see any recovery in share price without a complete restructuring of the BOD. I can't see that happening anytime soon! I need 93p to break even, I knew I should cut my losses at 1p while it still had some value, I felt even stronger that I should get out at 8.5p as the s.p. drifted and here we are at 5p. Oh how that 5p party was hyped in the REM days!! How on earth did we get from rare earth minerals and evolving technology to pinning our hopes for salvation on bloody iron ore? Grrrrrrr.........
10p by Friday, anyone?