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Hi BSB
Yes Spreadex or IG is where you can go long or short on a spreadbet ...its the only legal way of effectively naked shorting a stock .
Re your second comment ….it has been known!!
Expect bounce today as shorts look like they continue to be closed.
H
Also it could be the sell by MTR was a distress sale and there previous drip fed distress selling kept the sp supressed.
they would have taken big hits on their investments until quite recently and may have needed funds to steady the ship.
Well see in the next few days.
H
Im not so sure about that BT...he will be much better informed than us mere mortals and how else could he acquire that sort of quantity (give or take around £150k on current sp)without significantly increasing the sp and therefore effectively buying against himself?
H
As Ive said before ,I think THR will come good despite MB not because of him. The annoying thing is what is happening now should have been happening at least two years ago with a more dynamic leader at the helm, and from a far higher base SP than we now have.
Good luck to all those LTH who have had the financial ability to ride the storm of the long last few years and sorry for those who had to sell seriously underwater. H
I still think this will succeed but it will be despite Mick Billing not because of him.The annoying thing is that if we had someone competent at the helm, aggressively exploring ,acquiring more licences, shouting about THR from the rooftops and talking non stop to potential funders/JV partners, we'd be multi bags of what we are now at this stage. Things are just too cosy for Mick who I think just hasn't got the energy or inclination.
H
When I saw the heading my heart leapt that it was finally THE announcement that Metal Tiger had prevailed and Lifestyle Mick had gone.That would have been the most transformational news of all. But alas no.
I assume the reference to Nicole Warland's appointment as Explo Manager from 1st Oct 2019 is a typo and should read 1st Oct 2020? I know THR have been slow on the news front but that would be taking the biscuit even by Mick's standards!
H
Its implying that the person who has posted it on twitter has inside knowledge that Nigel is looking at the list of major shareholders with a view to making them an offer for their shares because the company is about to be transformed. Hence its carp as nobody with inside knowledge would post that .