Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Rain…you clearly haven’t even bothered to do ANY research into the company, if they’re genuine questions, then people will answer. The way you write tho sounds belittling and yes you’ll ‘trigger’ some people because of this.
Do your proper research and you’ll find all the answers to the questions you’ve posted. I’d personally start with the RNS’s and recent interviews by Jason.
We are currently on the cusp of Marula’s transformational stage where lots of great things are about to happen and a major rerate upwards.
Hi kopfkissen,
I posted about this a few weeks ago, someone was buying large chunks a few weeks ago and the price would always fall to fulfil those orders. The exact same thing is happening here, but the buy orders are quite a bit bigger. Artificially dropped to scare people into selling, so they have shares to use.
Rinse and repeat
You assume they are sells! Now the MM's would never drop the price to fulfil a large buy order now would they? haha They've never done it before.....again, L2 is your friend on this.
There is a Big chunk on the Ask right now, and has been since around 3pm on friday...around 1 v 5 Sells v Buys on L2
And of course Lloyd turns up like clockwork with his doom and gloom posts....Shame he doesn't have access to L2 and can see the real reason its dropped! Its going back up I'm afraid...not quite sure how many more times you can be wrong?
Yes the SP has fallen, but these are good and strong results that are really setting us up well for the future! The SP will rise and it will rise well, but in the meantime at these levels the dividend is also a good payment for those not worried about the ups and downs or looking for a quick buck.
Very solid books that have only been affected because of the appalling, stupidly designed and unjust WFT! Plenty of scope for the share to increase to a good level. Plenty of opportunities abroad as well to derisk the UK EPL, so all in all, a positive full year end of results!
Happy with the buybacks and dividends payments. onwards and upwards despite the negative posts today....
"We started the year with $2.3bn in debt. It took just two quarter to reduce that to $1.1bn and buy $50m of shares. The 3rd quarter saw $250m of buybacks with no further debt reduction. This quarter will see debt come down by around $500m and we should spend $100M on buybacks. The good news is that most of the CAPEX has taken place post the introduction of the windfall tax and so is deductible. The yield with dividend and buybacks looks fantastic. The maths look good even at 35% windfall tax. The Government just needs to keep the super deduction on CAPEX."
Thanks Sekforde, absolutely spot on! Clear and factual amongst the other manipulating drivel out there.
Rookie knocked the nail on the head! I have been continuously adding to my holding over this drop, but there comes a point where you think why bother anymore? The Board don’t give a hoot to improve the share value, so why should I invest in them anymore?