Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In the same boat but I am sure others will inform us nearer the time how to vote
Only 21k but will still be voting No - really inspired by everyone’s determination to have this bid rejected. If we had a chart ie with a goal re number of shares required to push through the no vote I think it might gain even more traction. If we could actually win - what a game changer it would be for small pi’s. This would never be forgotten. Good luck to everyone and even with my small number I will be sure to actually Vote NO !!
It has also gone quiet on the share buy backs
Can't complain - hitting target and timelines as promised.
Wonder how long before we are informed of the sale of the non core asset within the GP surgeries which we were told was progressing well and expected before end of 2023 ?? . only 4 weeks to go :)
And this is while the share buy back is going on - dare not think the of the drop without the buy backs - obviously the board need to rethink shareholder value when looking at dispersing profits at the next interims
Have to admit it does look under rated debt coming down significantly and cash pile will grow next year. Took a position myself
As a Pi
I guess I will be last to know if any reason for the drop. Just wish the company would provide a reassuring rns in the same way we get speeding tickets( for share rises ) to report no known reason for the drop from nearly 7 to nearly 5p. I agree with Flog it it would appear a good time to buy but I prefer to spread my risk around and don't want to get too attached to any one share (my average is 5.95p )
I can't see any trades but google finance showing down 7.5% to 5.55p . Anyone able to shed any light ???
On a positive note it has come down from £6 million a year. If we can win a few more contracts the share price may be in a different place by the time any decision is made for further investment
Just bought in 1.36 paid
I missed that Jona,
that changes my perspective re the risk management ie now happier that this company is more secure.
Will look to buy in now
Thanks
So are you in ASOS as well ?? do u see ASOS or Ceres with the better potential
The holding RNS 's were for the £315k
At the end of the day I guess that's why the price is where it is. If the ducks all line up as the company hopes they will then yes the share price could multiply. AIM hates delays missed deadlines and this has been whacked for same. I will watch volume and and further contract wins. Might lose 20% buy in price but it could rerate with the right news
The £3.6 mill is conditional but I am not sure what they have to achieve in order for the cash to be released . It is not clear in the rns
I totally see that but in June or maybe it was July they RNS'd :-With a prudent view on the development of revenues from licence fee arrangements, the Group is targeting a reduction in operating cash outflow to below £3 million for FY24 (compared with more than £6 million for FY23
At the time they had £200k and the placing gave them another £300k -
So I am only asking why do you think they will not need more cash ??
The contracts wins are a good sign of future growth but we do not know revenues attached and the sticky bit is I am pretty sure they are going to need more funds soon and that will mean another placing which will be at a discount in current climate. Happy to hear others opinion re same
Thanks for that
Was this not due in October ??
Last year was October and no rns to report when this will be ?