Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It all comes down to your ones trading strategy....if it's short term then get in and get out before it delists. If you think it's undervalued and you don't mind sitting on it for a while then hold and see what happens. I will just mention from experience these trading platforms aren't instant. You have to match someone else's trade before the trade will take place....There are no market makers that effective makes a market and ensures there is always a price to sell into. If nobody is willing to sell you cant buy and if nobody is willing to buy you cant sell. But like I said it's all depended on your trading/investing strategy... I have done both in the past. Not deramping as I'm also in for the short term just making sure people know what happens if it goes private.
Yes, that is correct. If they want the vote to be in their favour they need to get enough shares in that hand of people willing to vote for the resolution rather than against it. It doesn't have to be them personally (i.e. Directors) but could be investors in the company that would also like the company to go private.....
Universal this is not factually correct. Private doesn't mean they have to buy back shares. You will keep your shares, you will just not be able to trade them as you are doing today.....
I do have a question after looking into the subsidiary a bit more. On the 22 October 2022, Life Hydroponic Assets were created which is a 100% owned subsidiary of Trafalgar. However on the 15th June 2022, Life Hydroponic Ltd. was also incorporated. This company is not owned by Trafalgar but rather by the some of the Directors.
So the assets in the hydroponics R&D facility belongs to Trafalgar in effect, but what happens to the intellectual property i.e. research? As that is where the value will sit....We need to make sure we understand this relationship and what exactly is the idea behind the facility.......We need the research to also sit within Trafalgar
So been looking a bit into hydroponics and I think we got the facility for a steel.
On average it cost around £1400 per sqm to set up a new facility. That worked into feet and multiplied I work it out that the facility with the the equipment we purchased is around £100k. So not a bad investment for £30k.
That coupled with the fact that it already set up with an expert behind the wheel I think we have easily bought ourselves a £500k investment for £30k....to start with. Obviously that will build into something substantial in the future.
You should read the entire RNS as it clearly states at the end of the news that the purchase was made.
Anyway there is nothing in the news that scared me. For me it is all about the new direction this company is going into, the property business is a good side hustle but the ‘’ shed’’ is going to make us rich. Actually will take this cheap opportunity to buy another few ??
Is there any chance you can message each other personally or via a different platform? I don't mind any input i.e. TRAF both positive or negative as long as it's based on reasonable facts.
But just having a go at each other purely following each other from one board to the next doesn't make sense and it's unnecessary. And something I think the rest will agree; we do not want to see........