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Well if they sold at a profit did they really lose out? Not everyone wants to tie their money up for days/weeks/months (and for some of us years). Everyone is playing their own game and as long as people are making a few quid good luck to them. If the bog boys want to accumulate how is that any worse than a PI doing. In fact its better because they dont panic sell and generally reduce the liquidity of available shares
Im bothered by the constant pleading people not to sell or reminders what they have bought into. Most people arent stupid although if anyone thinks more than about 2% of the shareholder actually read these board I might have to revise that thought
Let those who want to get off sell up and go. Its not like it will affect the outcome anyway. Personallly I dont care of the range is 2-4p as I'm not trading so whether it goes up or down today I'm really not bothered
Is very true and to be fair you didnt make my list with your 2p divi posts and valuation of 25p-£2 based on 2moz. Although since you have been telling others that the 2p div isnt a thing and any divi will be on an asset sale so thats good
And do not shortcut the research by just reading he boards. You can just about any board and many of them are optimistic or rampy but as I said before a study was done and 72% of AIM stocks lost investors money so you need to be careful on AIM. Have lost about £10k in AIM stocks that looked rosy but ended up worthless. EUA is making up for that and some though
To be fair most people just dont do AIM. I there was a report out last week that looked at AIM companies and published that something like 72% of AIM company investments lost money. To be honest its still a bit wild west and when you win you win big but when you lose its not like the FTSE, you can lose the whole lot
Well its a risk - but can you imagine if no RNS appears in the short term. Guess which way the price will go as people start getting jittery
Not saying it wont happen but people seem to hype it up and things dont happen as quickly as people think. The thoughts are that a deal will be announced next week so say some pf the posters. If you are spending hundreds of millions of pounds you are going to want all sorts of people looking over the paperwork with a fine toothcomb before its signed
Just a quick question for some of you pleading for people to stop selling.
How many share holders do you think actually read this forum? I doubt its that many so you are talking to the same small group of people and I doubt if everyone here sold up we would put much of a dent in the share price. That means all the ramping and deramping is also probably not having much affect on the shreprice
Ah in case if it was me then about 10 posts back i told you how many i held - im not buying anymore whats the point at these levels
Why is the fact im not cheerleading everything the rampers are posting upsetting?
BTW Im holding out for 10p (check my history if you want)
Actually I just looked it up - so for balance this was done at $1800 and 2.5B shares. Those numbers have changed since but its a good indication of the range we are in
"Ok so rough calculation so we know if we are talking about 25p or £2
2Moz @ $1800 = £3.6Bil
Let say 10% to be generous NPV for the Pall in the ground = $360M
Nice round figure of 2.5B shares gives us a per share price of 14.4c
Convert that to GBP blah blah and its closer to 10p a share
If I've done my Maths wrong then happy to make the walk of shame. Otherwise adjust those numbers as you see fit bit its not going to be wildly different until we step up to the 15Moz point"