Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sometimes it's not immediately visible on here (not the case today) so people copy it from the official site. What baffles me is why people don't understand how to use thread view yet claim to have hundreds of thousands of pounds invested
The baseline was 0.12p, so if you got in at 0.2p I would sell £280 worth now leaving you with around 100k shares at 0.1p.
If it goes up further then take the rest of your original investment out plus some profit. If this is a spike you should still be able to exit with a small profit.
12p was the price of the placing on 6 Aug 2020. I had wanted to get my average to that level and finally managed to do so with new ISA funds in the new tax year. I think the investment case is still broadly the same even if the developments of the past 8 months have affected PI sentiment
@Byrnie322. Nothing happens to your S&S ISA. You can continue to trade with the money inside it. You can deposit up to £20k in that account, or you can open a new S&S ISA and deposit up to £20k there, but you cannot deposit new money into both.
However, any money or shares you already have in the ISA, are considered "previous year subscriptions". These can be transferred to any number of other ISAs in part or in full. Current year subscriptions can also be transferred (separately from previous year subscriptions) but must stay in one single S&S account for the duration of the current tax year.
You can have as many ISAs as you like. The restriction is that you can only pay money into one of each type of ISA (cash, S&S, lifetime (which can contain cash or S&S), and innovative finance) per tax year.
The total amount you can pay into ISAs per tax year is £20000 with a maximum of £4000 of that £20k going into a lifetime ISA.
Doesn't mean anything unless you bought at 0.9p and want to sell at 0.95
The indicative spread is false as I just got quotes to buy at 0.99 and sell at 0.96
Holding the bag at 7p here, I've accepted the loss. When new funds are available in my ISA on 6 April I may have a punt at 1.5p as a spike to 3p is possible, but 0.3p may also happen.
If there is a special dividend it will certainly not be in this tax year.
If a sale RNS comes in the next 3 days and the SP goes to £1 or whatever, then if you sell your shares immediately you will crystallise a CGT event for this tax year.
It then takes 2 days for settlement which is when the money will become available to withdraw. So if you want the money before 6 April the sale RNS has to come in the next 2 hours, then you sell, settled on 31st, withdraw on 31st if your broker is fast enough or 1st April. Banks closed 2nd and 5th.