Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some good positive SP movement and activity.
Lets see if we can finish above 30p today..
Not sure my friend, I don’t have enough experience in FCCN to comment if this happens regularly, however I have seen others complaining about the same issue your facing.
I did manage to add a little bit but yes it’s slow at filling orders, I don’t know for sure maybe due to lack of shares as its extremely limited.
You can try tomorrow I guess, all the best.
We need a lot more action than yesterday.
Volume is low, unless this is normal here.
Yes, it’s looking good today.
Let’s see where we finish today and the week.
So far so good and looking very interesting..
There is a big difference between a company which is drowning in debt and completely insolvent, where bond holders and creditors pulling all the string etc.
Making small loss is nothing big or unusual.
It’s how you manage and take the business forward.
It’s a designer brand, yes not at the high end of the market hence the market cap.
It’s very simple to cut costs for a new investor/buyer, just buy reducing the retail units will make the company extremely profitable, it’s a no brainier and these investors are experienced, they may even make it fully online.
Can you imagine how much money they will save, they will instantly get return on their investment, it will become profitable overnight instead of being loss making.
That’s great news.
We should have a brilliant couple of weeks ahead.
As previously mentioned I’m very new to this party, so don’t know anything about it’s history and what you guys have been through, jus the general knowledge, it’s established and been around for a long time etc.
However I am still very happy and excited to join this party even now as the potential of great return is imminent .
Actually, yes your correct, just doubled checked.
Looks like existing shareholder. Its still good..
New shareholder.
Buy 2,000,000 shares, so that's 2% of company.
Perfect..
Maybe he just heard that the shares shot up by more than 100% and just sold spontaneously as he was happy with the gain recovery.
Alternatively, maybe he just does't have that kind of time to go into meetings, negotiation for tiny amount of money for him.
I am not worried at all that he did some insider dealing, this is pocket change for a multi Billionaire, no one would risk going prison etc for insider trading for what pennies for him.
Nice..
If their budget range is minimum 50 million - 100M, then FCCN is perfect for them.
So even at their lower range 50 Million is approximately 50p per share so 100% + upside from now.
Lets finish the day past the 30p mark..
Next couple of weeks should be very exciting...
Tomorrow hopefully we can end the week with a good finish.
What do you guys think, we can finish the week off at 30p? It’s very realistic and reasonable in my opinion..
I do hope I am wrong..
Yes looks like Mr Charlton, just loaded up with 2.3% shares of the company.
Looking good..
Today its looking good, hopefully it will be a great day..
I understood the RNS confirming that Norges Bank have Lent the security, meaning gave it out to shorters, a full 1% of shares, yes they will charge a fee for it so they don’t lose out.
I could be completely wrong, however I decided to cut my losses today and see what happens.
Will jump back in once the dust settles, hope I don’t regret it. Good luck to everyone.
Definitely in my opinion.
I am still very surprised that some people were dying to sell at the current level, if they really wanted to sell they should have done so when it was in the 30's.
It looks serious that there is likely to be some sort of deal, just the matter of how high, hence I say people should try and hold or if possible even add, because there is only handful of shares available in the open market.
Its obvious the higher the share price is the more premium we can get, the bidders come across as serious buyers who are out shopping for deals to add to their collection, a company like this is loose change for them... anyway just my opinion...
Hi everyone,
Im new, only joined in the last couple of days, missed most of the party.
Unsure why people are selling so easily before any decisions are made.
Positives their are two bidders and possibly 3rd, which is a maybe, so totally confused why people are selling so easily now.
This is the time to hold or even add if possible, If everyone stops selling then the price wont drop and the buyers will need to buy at the asking price, I am sure there is good demand now.
The higher the price the more FCCN can demand and more likely to get a very good offer, so if possible stop selling when the upside is good. My opinion only.
Regardless of what the gold is doing this **** is still dropping every day.
Gold up 1% - Dog down 1%, story of our case., when the gold is down then boy, we go down big..
This trend has been going on for months now, with the exception of few days when we were up in the 30's, just so frustrating.
I am not a blogger, hence never really write, but yes I have noticed that I am writing far too much than I ever did over the years..
POG is an exemption, I am too attached, it has the most weight, over exposed, guess I am too emotionally attached.
I am not here to disrespect anyone, as you have have noticed if you have seen any of the posts.
Just giving opinion etc and just trying to make a bit of money like everyone else.
RBand,
I hope you’re not saying something about me, or being nasty towards me.
I was suggesting with good intentions for all of our benefit, except for the shorters.
I’m sure you understand what it means for us to say “lose money” when we are talking about trading, its paper lose or actual loss if you sell, Un-realized P/L or Realized P/L (profit/Loss), if you want to start getting technical, in simple terms we still refer to it as a loss.
I will clarify it for you…
So when a normal trader is long on a stock like me and others here, then if the share price drops we lose money (paper loss if we hold or actual loss if we sell)
On the other hand when are trader is Shorting a stock, guess what they make money when the price falls (paper gain/profit Un-realized if they hold or Realized profit if they sell)
I belong on the long side, hence losing money when the share price drops and as human we get frustrated, from the way your talking you must be making money when the share price drops so making you a shorter and getting f….. off.
Everyone we may have just found one of our shorter’s the way he/she is talking.