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Moth
Based on what exactly, just by saying it’s worth multiples doesn’t actually mean that it’s worth multiples. The only reason companies come to AIM is to raise money.
No one has come up for a reason to hold these longer than a week at a time. Traders will try and pick the bottom then sell at roughly 20% profit. Each time they sell the price will go lower. There is nothing long term here even if they do manage to get a RTO. They will have very little if any cash left after the sale and will be left with a shell listing. If anyone does reverse into it the first thing they will do is raise cash thus diluting any existing shareholders that do hold.
Doesn’t matter what posters say it’s what the company does. And they keep on taking from naive pnnters. Keep on buying and funding these losers haha.
Besides its not what we say on here that dictates whether a company makes it or not its what the company does that matters.
This is just a place for people have opinions.
quindell
None taken, not every share that would take a lifetime.
Not one for the traders.
Shell maybe but looking less like a cash shell.
he's a prolific trader and ramper will give him that.
Why would Fura want to inherit a BOD that have failed in the Sapphires mine. Would they want them running it again to make even bigger losses, talking of which Fura seem to be losing a lot more with every asset they buy.
Problem is that every week that’s goes by it eats into any remaining cash they would have from the asset sale.
Market makers make money selling shares not buying them back. They won’t want to hold many shares in any company.
"Does Fura Inc need to have the ruby acquisitions first under its belt before it completes on RLDs.asset Acquisition ?
Is it to do with having t declare assets when the RTO comes 4 tax implications write offs etc when the RTO is applied 4?"
Where does it state they are doing a RTO with Fura Inc? or are you assuming that.
Are RLD still paying interest on the loan note.
Jarv
Was good chatting to you all the very best.
chimers
You are the one that has to be very careful accusing me of something that I have not said. Be very careful my boy especially on a public BB.
chimers.
Where? I cant see it. Show me where I said it.
chimers
when did I say that can't remember saying that.
Jarv
I'm just saying there was no benefit to RLD even though they made it sound that way, the benefit was to the loan note holder.
I'm not saying they are going to pull out and never said that.
props
I posted the relevant bit that said the loan note holder was going to get paid in shares. the whole statement doesn't say anything different does it?
chimers
Do I get an apology from you?