Member Info for Johnycash

I think news will be soon but due to the director buying not imminent.
I have funds due this afternoon so will be taking advantage of the drop.
GLA

This company looks the real deal I’m glad I have a stake .
After losing a large amount with Sxx have been investing in funds and blue chip companies.
I’ve just sold one of my funds for further investment here later today.
So I’m great full for the drop.
GLA

I don’t expect news immediately with the director buying but a good signal

I’m out I’m sticking to funds have a few delivering over 30% growth so money has gone there.
Hopefully cover the loss in a few years.
No more aim shares for me my profit from Boo was great but evaporated here.
Good luck everyone.
I have about 5.00 worth left.

Thanks no change in positions then

Hi what are all these RSNs is it changes to there stock positions
Thanks

Sell put the money in a Sipp and get up to 40% tax relief.
I did this morning helped to reduce some of my losses

If you’re invested here get out when Lenigas exits.
Hopefully your all do well on share picks today but stating the obvious after the gains.
Look at REM UKOG to see what happens ,shares are hyped and diluted.
But there are always a few winners so best of luck.

Hi
Any news on the Placement.
Thanks

The placement will be oversubscribed the recent rise to 20p helped I opted for another 5000 Im sure many did also.
The large institutions buying in at the placement price have more understanding then any posters have here.
GLA

Probably posted already.
https://equity.guru/2018/07/02/looking-back-2008-fortescue-metals-group-fmg-asx-10-years/

Opened a few this morning on eToro after the drop 20% up today main holding in SIpp and ISA.
Not for the faint hardy but looks like the bottom only 2.5k.
Will take out at 14.4 do I think it’s safe.
Only short term gamble will sell at 19p.
I will be taking my placement shares the stories just beginning.
CFs Australian venture saw growth from 10 cents to 4.4 in ten years that will go me.
Gla

I’m hoping we finish early we have cutting edge technology the new drills will slice through the ground in no tome.
6 month early finish time production a lot earlier.
We won’t need to drawdown so much cash and will not have the banks to pay back as we have paid for lol.
I’m holding nothing else I can do but the mine will be built and we will get dividends this will be a cash cow one day.
Gla

If buy now you have the chance to participate in the placing plus there will not be many available to PIs the institutions will buy the majority.
The free float will be absorbed very quickly.
Plus we won’t find price or availability until mid May.

We have the opportunity to buy based on our holding at the 1st of May but the majority will be held by institutions and will be locked away for a couple of years and sold in blocks.
So the belief that the placement shares is holding this back doesn’t make sense.
This is a good opportunity to top up I did on leverage this morning and have some position 45% up.
This has softened the blow .
Gla

The good thing we will be less burdened with debt and will realise profit sooner after production.
21p plus at close then a steady rise
Gla

It’s in the companies interest to keep the SP buoyant this is a factor used when seeking outside finance.
Maybe why the Torp was announced recently.
Every short reduced also helps.

To close the short position, the investor must buy the stock back called "covering." If the stock drops in price, the investor gets to buy the shares at a lower price, making a profit on the difference. If the stock increases in value, the investor has to buy the stock at a higher price, which means he loses money.
Gla

Usually the last price the security was traded at promising that some paid 22.70

The large uncrossed trade may have been worked during the day in my opinion not being able to secure at the base of today’s price reflects the resistance of the SP.

We have the annual finance and progress review due so maybe some news then.
Always good when the trolls arrive.
Especially with 11 posts the certainly bee around for awhile lol.
I’ve been invested here for many years bought at 7p and 38p so a few more months doesn’t worry me.
Experienced board contractors leaders in there field,product that is growing demand and price per ton.
GLA