Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I did read this last week
https://www.bbc.co.uk/news/technology-56847518
Two of those and we have another 1%er for the sticky club?
I would not be surprised if 15%+ are held by the LSE/ADVFN sticky PI club.
Small float will make for interesting action when the rocket fuel RNS's hit.
Reason to declare - access to discounted shares about to dry up, no need to keep flipping, build a fat LTH stake to make a pile of cash.
5G are meant to keep an orderly market - theoretically only matching buys to sells - therefore there must be a reason they are confident of getting the shares and still be under 5% by the time they get the next batch - unless they have decided to accumalate above 5% and declare. Volume was miserly today - they wont shift much unless we get news?
Any estimates for the total percentage of shares held by large 'sticky PI holders' on this forum?
TL: that makes sense :o)
Surely those are reasonably low cost options? High figures have been mentioned?
Also look at the dates mentioned - is a big RNS about to hit so 5g can unload a chunk before getting new shares?
No edit option - FFS
'they guy' to 'the guy'
I think it would be madness to spend loads of cash right now on a brand new production facility - expand what you have - they already have the manufacturing deal in India - minimal cost and best option IMHO - or for the time being do it in Isreal or outsource somewhere else with a plan to create a custom facility when rolling in cash.
At some point 5G will most probably turn into a LTH - they guy cant be dumb and must know this is a long term hold - he wants to stay under 5% so he can keep his cards close to his chest. If ENET get a big order then no more need for 5G funding.
However, if I was ENET I would keep taking the the 5G cash so that when I present the AR I can provide a TU that shows plenty of cash in the bank until breakeven/profit and so no more placings, at least not until a much higher MC. That is what the market wants to see - profits and no more placings - then we should quickly head north.
Hmm.. seems no edit option... I find that more irritating than the opaque RNS's.
Where is the edit button?
Edit last comment 'payments made in lieu' to 'payments made for shares'
All IMHO.
I find these opaque RNS's to be quite irritating. My understanding of the AIM rules is that all payments made in lieu of shares have to quote the exact price per share. I am sure I read that years ago when I actually did read the rules, it is there make the AIM market transparent.
What is the penalty for not declaring a notifiable position? I seem to remember the penalty is potentially as serious as confiscation of shares or an unlimited fine - there has to be a reason why people declare.
I do wonder if what is going on is 5G have changed their mind because it means they can delay receipt of shares and therefore stay under the 5% threshold?
Here are nine surprising things Jesse Livermore said regarding excessive trading:
1. “Money is made by sitting, not trading.”
2. “It takes time to make money.”
3. “It was never my thinking that made the big money for me, it always was sitting.”
4. “Nobody can catch all the fluctuations.”
5. “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages.”
6. “Buy right, sit tight.”
7. “Men who can both be right and sit tight are uncommon.”
8. “Don’t give me timing, give me time.”
and finally, the most important thing:
9. “There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”
Do you need inside knowledge to know it is a good thing to buy shares going for 40p+ at 30p?
Hi Dallo - I know it was a few threads ago - thank you for the apology. Moving on:
My only concern is do the directors have available funds - I have no doubt they would buy if they have the spare cash.
Hmmm....
dallo Premium Member Thu 19:48
The post from Greg the Grinch is idiotic and typical of uninformed investors.
Ethernity DID NOT issue shares to 5G at c33p today and totally dilute the shareholders.
Would it matter if 5G put the cash in at a SP of 40p with a future drawdown at 50p.
You can trade in an ISA to your hearts content - all gains are free from CGT.
But, the flip side to this is you cant use any ISA losses as CGT loss outside that ISA