Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This has only been hammered down from a large rise this morning. I will lay odds on this opening up 0.4 tomorrow to reflect the true price at close. Remember a UT is a single trade conducted at a random time after close.
@Hydrogen are you for real.? ‘I can read this lot like a book’ implying you knew they were adding yet at the time you were posting rubbish like ‘shorts closing’; ‘squeaky bum time’ etc. You like to play whichever side of the fence suits you at the time, hoping people forget. Given the repeated shorts closing comments by you, the last statement of knowing they were increasing their position is utter attention seeking and BS
It is because Options are a gift from the company; like a Benefit in Kind and so taxable. If price drops that’s the risk of exercising as he could exercise and sell in one go.
https://millconsultancy.co.uk/services/other-share-schemes/unapproved-share-options
I would add, that you should ask yourself why he is the only one that rants about shorts closing and wild theories on big book building! Bamps and Paddy stick to geological facts and never say the price will rise. Think carefully about motives of those who post prolifically about the same unfounded rubbish
James you will recall that Hydro has regularly explained the process of laddering used by shorters - very well informed posts btw. Apply that process to his timely ramping and all will become clear. The buyers you refer to got a much better deal than they would have done if the 500k or so of sells hadn’t gone through. Encourage buyers with ramping by so-called experts, wait till it goes up and sell to bring it back down (just as when RNS’ drop) but buy many more than you sold because share is sadly so toxic it takes a lot more buys to get it to go back up again.