Member Info for Krayl49

No way is this rise justified from the small volume of trading we see, and I don't believe it is traded elsewhere. Traders must be reacting to a leak - or an unfounded rumour. Anyway - here's hoping!

Big rise today. Looks like a leak - maybe some news Wednesday?

Anyway I am staying in here, think it is way undervalued.

And if they buy 130m at 0.6p then put them up for sale immediately, what is that going to do to the share price?

This looks a really good buy. Can't understand why there isn't more interest in this - either in buying or in chat on here. It is after all a well known company.
Fortunately I held off buying as the price went down again today, although it was hardly a bad half-yearly report.

This is the article by Ian Cowie, but you need to have a log-in.
https://www.thetimes.co.uk/article/want-to-make-a-make-a-profit-from-a-diy-boom-you-can-do-it-if-you-b-amp-q-it-9v6wq8wrq
He quoted 5.3% Dividend which is what caught my attention. I have since read up on it, and the profit looks good.

Yes, there was a good write-up in the Sunday Times which brought this to my attention. Think I will be investing in my income portfolio, with a decent chance of price recovery.

So it can be done!

"Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company"

Raregrove has made a perfectly reasonable comment, which you may or may not agree with. But to attack it in such an offensive way says a lot about what is wrong with some contributors on this board.

I am by nature an optimist, and I like this share, but guys of this wealth buying $10k worth of shares is just pathetic. I am going to seriously consider selling my holding.

LovelyBoy:
I had the same issues as you with the split, and also the odd wording of 'Liquidity'. I feel that they aren't going to sell the assets, but a share in the new subsiduary company or companies. Whatever it is I don't think it will be simple!

Consider this scenario. There is a dividend announced which pushes up the share price. You sell, the price drops after the ex-divi date, and you buy back the same number of shares within 30 days. You have taken cash out, but under the bed & breakfast 30 day rule the transactions are regarded as not have happened, and you pay CGT on eventual disposal based on the initial purchase price.
That suggests that you may not have to pay tax on the profits taken. This doesn’t apply to me as I fortunately have all my shares in ISAs, but someone in this position may want to get the answer.

"the Directors and the Officers of Eurasia ...... are focused on the liquidity event along with all shareholders".
A slightly odd way of expressing it, and stated in the announcement about 'carving out' the company into separate parts, so maybe what they will be doing is selling off part of each of these new companies, rather than selling assets?

Ibiza - my first purchase was 31/5/17, as a result of Wand's ramping.

In defence of WandGrabbit:
When I first read his posts he was also being ****ged off for ramping EUA.
It was 0.5p at the time.

From Ethio's post:
Blackrock - "They're the richest company on the planet worth something like 10 trillion which is astounding."
They are a very interesting company, and they do have about $10 trillion under management, but they are only ranked 192 in USA largest companies, and their income is small relatively speaking. What surprised me is that the owner Larry Fink is 'only' reckoned to be worth about $1billion, which suggests either he is good at hiding his wealth or he maybe isn't such a manipulator that he is being accused of.

Palladium still shooting up. Now $2036. Don't know why, but can't be bad news for us.

Not so simple! Any shares you buy back within 30 days will be classed as being bought at the original share price, and the tax won't be liable until you sell the shares again. You may be able to use this to defer some of tax until a following year and thus use another tax allowance - if the dividend dates work out favourably.
Use Bed & ISA wherever you can, and use up all the family's ISA allowances.

As you say, don't rely on advice from here, but you will probably pay least tax by cashing in your shares before the divi is paid. But make sure you use up both your CGT and Divi allowances.

"Kola Nickel marks the start of our plans for 2022, with much more to follow as we successfully conclude our initial strategy and develop EUAv2.0 https://bit.ly/34KusJv"
"as we successfully conclude our initial strategy " - does sound extremely promising for a sale in the near future - maybe even shortly!