Member Info for JackoDLad

Also known as the phenomenon "Wisdom of the Crowd":

https://www.the-vital-edge.com/wisdom-of-crowds/

31.5

Roll on up there...

He has sent three different "Subject" posts there now, which if you just read the "Subject" header, to which you are all replying to by the way, makes very negative reading. Sounds like a rot bot to me.

Believers just chill
The doubters will spill
Their cornflakes
All over our Lil

The little boys laugh
To see such fun
And I'll be over the moon
Boom boom

She blows..... :)

Good morning Ian. I haven't posted a guess before and just wanted to thank you and all other regular posters for doing such a great job keeping upbeat with shipmates morale.

Can you put me down for £1.80, news dropping by RNS on 19th October please.
Thank you

Eurasia Mining PLC (LON:EUA), which put itself up for sale earlier this year, confirmed in its interim results statement that it is in a strong financial position. The move to raise the ‘for sale’ sign was the culmination of many years of hard work by the team in realising the value in its projects, chairman Christian Schaffalitzky said in a statement.

https://www.proactiveinvestors.com/companies/news/930596/proactive-s-weekly-mining-wrap-centamin-caledonia-mining-corporation-eurasia-mining--930596.html

I'm holding this since last November and it has been a very pleasant roller coaster.
What I don't get, with all this positive info, is "Why is the SP only 21.25p?". I haven't been in an FSP before, so have nothing to benchmark this to. Others say minimum 50p and anything up to £3.50. If that is the case, this is free money at this SP! I'm just wondering what's going on here?

JMental, that seems a reasonable analysis. What I don't get though is why the institutional placing investors would have bought in at 22.5p if they felt there was not going to be a quick sale. They are sitting now on a paper loss of nearly 25%! OK, maybe they knew that a profitable sale was imminent and just didn't feel it was important to try and gamble with guessing a market bottom, but their investment does point to something to happen sooner rather than later.

of £1.80

Woke up quite refreshed :)

thx Baz

Anyone know?

Onassis, I admire your positivity. I'm not sure how well placed it is though. You have serialized it now a number of times. The problem it could create is that you give false expectations and when these don't materialise then the vulnerable get disheartened, resulting in a negative to your positive. I'm in here for the long haul and my shares are in sticky hands.
This jumbo is on a holding pattern until we hear news that it is time to land the BIG ONE!!
GLA

Not all Aqua. BT = both. IMO, Brexit is a major contributor to the destruction of this SP.
Look at the charts. BT hit it's year peak after Westminster passed the Bill last December. Shortly after the Tory gov then started adding caveats. From that point on the BT SP started its most recent retrace. Of course Covid added further downward pressure.
Yes, if there is any serious bid then BT will go up but that won't happen. If the Tory gov can prescribe the BT management team to unhook the Huawei kit, then you can be sure they have no intention of letting a TO to go ahead. IMO
This is a Brexit play stock and the SP will continue to head south in tandem with all things Brexit related.
Until there is certainty over how the UK resolves Brexit, then......

Wise words Aus, I concur.

Twisted logic there Nige, people of NI and Scotland have to accept and English vote but the English cannot stick to international law!

and you should also respect the rule of law, except of course when it doesn't suit you. the English as a nation have lost the run of themselves, through your own arrogance and misplaced belief in your own superiority. BT a prime example of legacy arrogance catching up with you.

So= Sow

Why is that Nige, because England said so? Sounds like a recipe for union dissent to me, but we'll see. You reap what you so, they say.