Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well done to those in. Sad to see another big British brand potentially sold off against weak fx :-/
I jumped out Friday at 212. Looking at historical data the price always dropped on results day. GLA DYOR
Should be some more upside but also headwind with UK property unknowns until we move forward with/if article 50. Maybe another buying op post ex-div
24% in a few weeks So happy with that. Entry: 170p Exit: 212p. Good luck with next weeks results.
The price surges across the UK is mostly as a result of lower GBP FX. For overseas buyers the shares are super cheap while companies lose asset value. I would estimate prices drop similarly should we see GBP recovery.
A very positive step: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12329826.html
As a guess some of the institutional guys are taking some profit at these levels or top slicing. Most have large positions so makes sense to cash in 10-20% at price goes up. Good luck all! DYOR.
30-50% on 90days ave share price? I suspect nearer 30%. Although some turbulence out there with Chinese looking to subsidize their iron ore interests plus this news snippet: http://www.lse.co.uk/ShareNews.asp?shareprice=RIO&code=0stxfuzo&headline=UPDATE_1Australia_treasurer_would_block_a_GlencoreRio_Tinto_merger
There is an agreement by BG management as to the terms of the deal. Later this year or early as 2016 all shareholders of both BG and Shell with need to vote on it. Assuming no regulatory hoops are cross in the interim. I would imagine they have covered off quite a few of the hurdles associated with M&A being multinational. Yeah Shell Share price will bias this. Tempted to take profits but I am mindful as Woodford is still buying shell and oil prices are potentially at their lows. Nothing is a sure really but its looks positive if you don't need to sell right now. GLA DYOR
Taking profit I suspect. Its not a done deal for a while yet so there will be up and downs I suspect.
Good opening. I'm still holding but it will take some time for this deal to go through assuming no issues regulatory or otherwise. GLA DYOR
Should be interesting..... GLA DYOR