Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree its unlikely the share price will double in the next month or so, however gas may have come off its high of nearly 350 Euro's down to 112 Euros, but the "normal" price at this time of year is circa 22 Euro's per MWh, so it is still trading 4 to 5 times higher than anyone would expect, hardly falling off a cliff !!
I don't post very often but I am at a bit of a loss and wondered if some of you guys could clue me in. With the exception of the court case which is a major bump in the road, everything else is looking very positive for CINE. Covid although still here is not the major threat it was even 2 months ago when the new variant was recognised, we have a good, some would say great film slate for 2022 so why would the declared shorters 4 out of the 5 increase their shorts in total by 0.78% in the last 2 to 3 weeks when everything is looking better than it was 6 months ago? Or what am I missing?
Nev, I have also contacted my MP and just received back a reply this morning that they have contacted the FCA, however with the paltry fine imposed I replied back asking them how one would go about lodging an enquiry/complaint/request for further investigation with the SFO. I will be interested in the reply I receive. As some other poster mentioned, having been fined wrong doing has been established.
Devonplay, the issue is they were underhand and never declared their short position and that is problematic.
I was told on Friday by investor relations that after the merger the true share value would be 24 to 25p.
We cant remain independent because our creditors wont support that, they looked at the deal with Chrysloar when it was offered and decided that was the best option for the company. Once the deal goes through the share value would/will be 24/25p per share once dilution has been taken into account, yes there will likely be a consolidation but in theory the share price should rise in line with the consolidation of shares, its not a stretch to see this a 50p in 12/18 months time 9without a consolidation), although even at 50p I am still taking a bath !!
I have just had a very long chat with Elizabeth in investor relations and have come to the conclusion there are a lot of posters on here who try to make out they know what's going on and clearly they have less clue than me. The constant trolling from some posters had me very worried abut the future of my investment or lack of. So if any true shareholder is worried and concerned about their investment pick up the phone and call Premier. I for one feel a lot happier now and believe, maybe hope, that once this deal goes through in a few years I will get out without a loss. The situation is not good but I do firmly believe now, that it will get better in time, so Happy et al go and troll elsewhere.
I've emailed my MP with a request that he approaches the FCA on my behalf, with a summary of the ARCM short, not convinced it will do any good though !!
Explain what is legal about building the largest short in Europe and not declaring it to the market or anyone else? As a PI, how can you make informed investment decisions when one of the creditors shorts your company but doesn't tell anyone? If it was legal and above board why didn't they declare their position?
I would like to buy some more at these prices to try and average down, but need to keep funds for the RI, any guesses what PI's ratio will be, 1 for every 3 held or 1 for every 10?? answers on a postcard.
Hahahahahaaa, you are such a d*ckhead. We know your feelings on PMO so if your not invested why post on this board? Are you just trying to make yourself feel better, bet your the kinda guys that kicks dogs, waste of a good skin.
Rights Issue
Mansion, there has been no word on consolidation just a rights issue and the two are completely different. Although I appreciate that with the volume the RI requires it could end up like a consolidation without the price correction.
Are ARCM invested as I thought all the shares they received earlier was used to reduce their short by circa 10% so in my opinion they are not invested and therefore cannot reduce their short by using rights issue shares, on the other hand they will have to give back their borrowed shares at some point and if I was the original owner I would want them before any RI ?
Some one posted last week about a consolidation, what would happen if we had a 5 for 1 consolidation and the price went from 20p to £1 just because there were fewer shares, then the RI came out at £1 there would only have to be circa 200m shares issued then, also unless there is some underhand dealing going on which is more than likely, ARMC still have to buy back circa 6% of the entire shareholding and I suspect whoever they borrowed the shares from will want them back before any RI, maybe talking sh*te but just a thought. I am heavily invested and with my average I've resigned myself to maybe getting have my investment back but who knows ??
I've never posted before, but sit on the sidelines and yes I am invested here (far to heavily at the wrong price !) However I think that report is fake news, ARCM need to buy circa 140 million shares, unless they have done a deal with an institution there has never been enough shares traded to allow them to purchase that volume