Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
"...3% of the gross value of the inventory..."
What is the gross value of the inventory? Without that information we can't really say anything about the value of the specific deal. This is why the sp is doing nothing.
It's good to hear a transaction is completed but that in and of itself doesn't mean much to me without an associated revenue projection.
With only a small amount of capital to lay down, your best allies are time and patience.
I would argue that with enough time allowed, even the smallest of investments will yield you a profit eventually. Be prepared to wait a year or five once you invest this money for it to yield anything like a useful return, but be confident that it will eventually do so, barring your chosen company failing or somesuch other uncontrollable circumstance.
My advice to you would be to do two things before you jump in though -
- go to tradingview . com and get yourself set up with a free account and start yourself a watchlist of shares that you are interested in. Pick out some companies you like the look & sound of and just watch their charts on the 4 hour and 1 day timeframes for a month. This will show you how that company's price is ebbing and flowing over a decent timeframe and give you some idea what kind of price you might want to look to enter at.
- Look up the concept of "resistance trading" and apply it's principles to the charts you are following. Draw some lines on your charts and see how those principles play out over your time watching the shares you are interested in. This will give you a clearer idea of where and when might be an appropriate time for you to make your purchase.
Also, consider that while they are somewhat "boring", shares that offer a dividend mean you will always get SOME return even if the share price doesn't do fantastic things in the short term.
Finally, never sell at a loss. No matter how long you have to wait. As long as the company you buy doesn't go bust and you learn from those two activities above, it is far more likely that you will make some return or at worst break even. You will mess up the timing. Don't sweat it.
I've been investing for about three years now and have made some stinker purchases that flopped hard and kept me locked in for in for over a year, but every single one of them either broke even or made a return eventually, a couple of them taking over 18 months to do so. Remember that while your investment is in the red, if you buy more, even very small amounts, you can reduce your overall break even price significantly. Don't over-trade either. Fees eat profit. One purchase/sale a month is plenty.
For reference, I started out with RBD shares around this time last year with £1k which I used to buy in a couple of chunks, starting at around 0.26p. By December last year the price had arsed it down to 0.1p and I thought that was that and tough luck.
I now have ~120k shares here that cost me nothing and can be left to free ride forever, my original capital back and around £650 in cash profit to play with.
I was well in the red for a significant amount of that year period though and nearly bailed a few times.
Take your time. Be patient. Use resistance trading principles to choose when to buy and sell. Don't sell till you win.
Have fun!
It's a value over time proposition. There is no immediate gain in the consolidation & capital return per se, depending on how the market moves in the short term.
The gain is in maintaining the same dividend yield in £ value on a smaller number of shares, the implication being that a smaller amount of capital invested before the capital return yields the same dividend income after the capital return.
By rebuying to the same share volume as you have done, you have slightly increased your initial capital investment and now own a larger market percentage holding in the company even though the volume of shares you hold is the same again.
The net effect is that your money bought you a bigger percentage share of the company at a discount to the pre-capital return pricing. You are not in the same position, you own a bigger percentage of the company but you didn't pay as much as you woudl have for it previously.
This is a good thing if you intend to hold long term (years) as it increases your dividend income and any gains from future share price growth.
If you do not intend to hold long term then it means nothing but having increased the size of your initial capital investment.
I suspect it depends how each broker operates on the backend whether you will see the B shares in your account or not.
I can see mine on HL but can't do anything with them as they are not tradeable.
Many brokers consolidate their market transactions on the backend, meaning that in those cases the broker will have been issued the bulk number of B shares on behalf of all their eligible account holders and in that case it's not worth the hassle for them to set up a means of showing shares in all their clients' accounts that are intrinisically unable to be traded.
The cash will just be issued to them on the 19th on behalf of the account holders and then they will distribute it accordingly.
Glad to see this. I added another 300 shares here on the 7th as I could see the market was pretty clearly acting in fear rather than logic. Almost everything has risen since.
No surprises there.
From yesterday AM RNS -
"The Company notes that in the event that it becomes an entity owned by, or acting on behalf or at the direction of, a person "connected with Russia" under the Regulations, any further share issuance may be subject to the UK sanctions regime and hence may result in a suspension of the Company's listing on the London Stock Exchange's Main Market for listed securities."
Yes, it means "bought more shares".
Holy ****, they did a rugpull.
1 share = 37p divi.
how big a lawnmower do you need? :)
Date of record is the 11th, no?
The catch is because of T+2 you need to hold them until friday though.
Se requieren bolas grandes.
Has been like that since Friday for me.
6p gain for shareholders (at current price).
What is even the point?
Aye, the possibility of war will do that to a share price.
That in concjunction with the sale of the coal part of the business at the same time has made this a total unknown to the market for now.
Where this goes next all depends on what happens, or doesn't happen, with Ukraine.
Abundance in the universe has little relevance to abundance on earth though.
It makes far more sense (at humanity's current stage as a uniplanetary species) to consider earth as a closed environment.
The problem with helium is that when uncontained it can escape that closed environment, effectively evaporating off the atmosphere off into space, carried by the solar winds. It will only ever become less abundant here over time, short of getting fusion energy systems to work properly allowing us to manually produce it.
Most abundant elements on a closed system earth;
1 Oxygen (O) 46.1%
2 Silicon (Si) 28.2%
....
72 Helium (He) 0.0000008%!
(He) is only slightly more available (0.0000003% more) than platinum on earth and platinum doesn't boil off the atmosphere into space.
I've been watching the chart on this for an entry point for a while now but haven't been following the narrative.
What exactly are the issues people are concerned with about governance and structure?
On the face of the charts, ratings and revenue growth RNS this should be moving the opposite direction already... What is it that I've missed?
Don't hold till payment day then. Just sell on ex-div day +2.
Tax is a bummer but that's what ISA investing is for.
My assumption is the links are blocked because VM is a competing media outlet in the same genre.
I think we will get a retrace before we run up to 14-20p range but I am confident it will run up to that range.
His analysis says next resistance is 12p.