Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Splice, I totally accept that and who knows what type of period we are entering on the economy front as a whole. But with GVC rapidly rising of late , Flutter reaching new highs and Hills about to pull off this deal in America along with a further £450m in the bank, why on earth has the share price declined to where it is now? Is there something we don’t know about, I would think that highly unlikely and if I’m right and Covid remains manageable over the next two months I fully expect to see us back up above the £1.50 mark and possibly beyond in September.
CJ39, couldn’t agree more, add on to this where Flutter is now price wise, GVC is starting to spike again and highly likely to rise again this week. Both of these are regulated in the same way as Hills and yet Hills share price is at a 1/3rd , 2/5ths discount from its highs. Please don’t tell me that the Done brothers who I believe bought in at a higher valuation than where we are now got it so wrong! Primary Bid offer was snapped up at £1.28. Then we always have on top of this the outside chance of a takeover. Get America done and this will start to drive forward , £250m gift from HMRC on top of all this.
It’s not madness , it’s quite simply an opportunity. You could see the work the consortium had put in to making this deal go through on Wednesday and if that is anything to go by further approvals should be a shoeing! The only possible fly in the ointment is the forthcoming world recession but with the price where it is , it seems a no brainer to me , especially when you consider how the liquidity of the company now , where the share price was prior to that, plus the opportunity that this deal is going to bring to the table.
When you consider WH have had their rates paid, furloughed staff, Vat refund and the raising of capital , it truly shows the impact of this virus. Imagine the ratings of companies that have not raised money. I’m surprised Moody’s acknowledge the raising of capital yet leave at the same rating.
After initial shock I’m starting to believe it’s a great move. It will bolster the bottom line making any possible approach very difficult and has give the company a cheap way of raising finance. Within days I feel this will be long in the memory and the share price will rise accordingly. Clever move by the directors! I’ve taken part in Primary Bid offers previously and there are now several 250 companies going down this route.
Authorities looking at middle of May to get racing on the go.
I know there have been some catastrophic mistakes make by the board but are you Baldy suggesting that this wasn’t run past a patent attorney specialist. Why don’t you just give JB a call and ask him rather than this continuous rubbish you keep posting. The answer is very simple, or isn’t he talking to you lately?
Please, I know that there has been some catastrophic mistakes made by the board but are we truly saying that a patent attorney specialist wasn’t consulted on this? Baldy give JB a call and ask him, save all the hours of rubbish you waste your time writing on this board. Or isn’t he talking too you lately?
Hi Tombi, You have to ask yourself are they putting this on just to tell us bad news? The answer is no, they would release that via an RNS so not have to explain themselves at that point in time. 8p odd now , think people will be looking back on this as they did last year , same price same time. We know what happened up until the summer then.
I find it a shame that Top Up only sees one side of proceedings here , it is also important that both sides of the argument are put forward for us all to consider and I like all opinions to consider. He is either a former employee of FUM with a grudge to burn or lost money on the stock. I have read his posts over the last month and he desperate for the company not to succeed, he has a grudge. No normal investing person would post, follow a share like what he does otherwise. Shame as some of the points raised are good and need to be considered. He certainly imho has a grudge against the directors. Let me tell you I’m certainly no fan of them but it needs to be kept in context which TU is just unable to do!
That’s a great shout there , if that’s the case and it must have a fair chance the price is going to rocket with positive news. Whatever is divulged on the 1st we need an update on TPR also. As posters have said already regarding Med no words like fascinating, believe , think. We need positive factual information. The directors must read the share chats and if the answers to the discussions over the last couple of months are not delivered it will be bad news , but I suspect and hope it will be otherwise.
One good bit of news I’ll predict is that I doubt the government will implement minimising the online stakes later this year , that’s unless they really want to send the bookies to their graves.
Firstly Top Up, An extremely bitter person in my view who I believe never posts a positive chat on the company, only been with us a few months and yet posts almost every day quite often regularly. Top Up is also an extremely knowledgeable person , one who I respect! Add those two together and research FUM. You May find the answer.
Secondly, I have been invested for approx 3 plus years in FUM and witnessed many debates and arguments over many different subjects. I have also seen many many good shareholders and posters all very supportive of the company eventually have enough almost certainly lost money and eventually depart. At the last phase 3 trial results many had enough and sold out. Institutions also have invested heavily and eventually disappeared off the list of share holders holding above the 3% stake.
All these years the directors are paid 6 figure salaries and at time bonuses. What have they produced to date. Unfortunately nothing that has come to any significance or been beneficial to the shareholders , the people who pay their salaries. I now feel that we are definitely nearing the crux moment for FUM , the make or break. Time for the directors to deliver and trust me the board have now had enough time, quoting a previous share holder always JAM TOMORROW!
The board need to update us on TPR, as I said yesterday and also as Top Up has said , simply not good enough keeping us in the dark any longer. We need to know and I believe have a right to receive an update!
As I stated yesterday Med, when phase 3 results came out , Ken quoted himself as being Gobsmacked in words. Well Ken guess what the same applied to all the share holders including myself, a result that was not even in the running.! But don’t worry Ken whist all us shareholders continue to finance the company , you can all carry on receiving your dues ultimately paid by all of us. Unfortunately all down too, in my eyes mistake after mistake as I quoted yesterday.
It however seems if Ken is correct that we may have a get out, in Med 3000. The company have had time to analyse the data from phase 3 and do further testing. We now have a seminar on the 26th. I do hope that searching questions are asked and the executives deliver on their answers. Ken , Tim and Ralph need to deliver in what they know otherwise why put this event on? JB also needs to stand up and become far more communicative with share holders. Able to make himself available to both take and answer shareholders questions every couple of months so that we are kept updated.
I could go on, but 2020 is definitely make or break, we need to see positive detail coming from this seminar and searching questions answered instead of the cosy Proactive and fireside chats that we are given.
One last comment, we all discuss the possibles , now I would suggest that more of us start to push the directors with key questions and demand answers. Time is short here in my eyes , we all deserve to know what is goi
There we go you’ve hooked me, but as you say you’ve caught me whilst there are thunderstorms here , so yes a tad bored at present. Anyway back to your post, I am not burying my head in the sand that’s for sure and if I’m correct in my assumption I certainly have a lot of time for you , by the way you pick up on everything within FUM. Now tell me am I correct in my thinking? Can you clarify , and are you also alias Hawk?
Back to Fum , the directors are a joke, Punchy Numbers. Incorrectly administered /applied phase 2 trial that cost between £5-7 million to find out was in fact wrong. Large bonuses {for what exactly). and I could go on. For me the directors now hide away and do not release enough information , they keep us all guessing. I have watched a whole board of ii posters disappear , all with great knowledge and insight. Fum has cost immense loses to many shareholders. Now we are left with Med3000 and possibly TPR. I think it’s nothing short of disgusting how Fum have not updated share holders on TPR since the beginning of March. Now Med, I was sceptical after phase 3 results , but I am now intrigued by the prospects. I don’t buy any of the insults you have expressed previously on Prof Ralph , now I await 26th March , all to play for I hope! If this does come off it could in fact be huge, I initially was not overwhelmed by the results and the level placebo met in phase 3, but I have changed my mind and position. Due to the fact every Tom Dick & Harry will be able to use it. Some issues to sort for Fum , but one more chance. I wait in hope. JB needs to put himself in the fore and be able to converse more openly and regularly with shareholders.
One more thing Derek, why do you feel Lombard are sticking and in fact upping their holding, we know for sure they have the ear of the directors. None of the main shareholders are moving their holdings, doesn’t that say something?
I believe you two are in fact one, I am surprised nobody has spotted it already. Shall we call you both Derek for arguments sake! I am not going to explain myself presently on my hols but just looked in to on your garbage. I will now watch from the sidelines to see if anybody can work it out for themselves!
One way of dealing with this shorting issue will be to cancel the divi and pay off debt instead. I know this will be extremely unpopular with many share holders but the share price would rise and reflect the action, plus it would be a kick in the teeth to the Hedge funds. May make them think twice about shorting in future if a company suddenly did this.
The Times certainly have it in for GVC, shorting of 3.6% of shares isn’t particularly news fit for a headline! Hedges are obviously banking of even further regulation, but from what I’m hearing punters are placing just as much money.
Seeing the results on sports betting over the past year I can see nothing other than outstanding results coming. Then add in to this all the cost savings being made from combining various departments, I personally would not want to be shorting this myself, but we shall see.
No not one answer, as expected. baldy surely did insult the professor today and we have three of them again today with their continuous onslaught. I just wonder where Hawkhead disappeared too. Think he may have been reincarnated into one if not all of these de rampers. I do question why these three have suddenly appeared with quite in depth knowledge and cannot help themselves without this constant bombardment trying to drive down the price. I personally believe that they may all be the same poster but after today they have shown their true colours and ignorance, I personally think the directors have a lot to answer for but to state that experts are basically ramping the stock in their position is unbelievable.