Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm lucky enough to make a bit with the sale, though I'm not as happy as some. It was a nice divi stock that if 'ever' run optimally could have returned significantly more than the offer price.
My original post was very insensitive to long term holders now sitting on massive losses and i apologise :/
I hope things work out and you can recoup at least a decent chunk of your investment
I just got a few. You need to be of the view that it is a complete gamble because nobody knows what's going to happen. I won't lose any sleep if it goes to 0.
Seems like they're raising a lot of cash for working capital, you know, for all that work thats not going on. Squeeze the last bit of blood out that stone before you throw it at the neighbors green house and run away.
Yeah thats to institutions though. If they did the offering at minimum of say £500 i would think they could raise 500m. Maybe not, who knows?..
I don't understand why they don't just offer the bonds to retail investors instead. Id take a few if the coupon was ~8-10% for sure.
Well if that pipe dream ever materialises I'll be just over break even :-/ Not holding my breath though
This share is a dog. I only hold them because of a free issue from nyo which was also a dog. TK is never gonna happen.
Been holding this share for a good few years now. Sold out this morning to buy pfc.. time will tell if it was wise. Good luck to everybody who continues to hold.
The sandstorm chart looks like a train wreck waiting to happen. I have no idea about the company other than a quick glance but i will probably grab my profit (and be happy that i made something) and run.