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How long before this is less than 1p per share?
To be honest I never expected to see my money again after the shares were suspended.
So I am still ahead of the zero value I was expecting, although well down.
No point is selling for a couple of hundred quid.
Maybe this company will come good one day, but I am not expecting to gain anything from these guys.
Quote
The military wanted to reassure
Well they would say that wouldn't they....
Listening to BCC World at One where they are talking about decarbonisation of shipping.
This should be good for Ceres
I don't understand why some people are so negative.... I guess that they were looking for a quick profit and it didn't materialise.
SAE are generating electricity (and revenue) and they have plans for the future development which are interesting. Given the need for reliable green energy, this has to be a good long term hold.
"Berenberg raises Rainbow Rare Earths price target to 33 (32) pence - 'buy' "
I am glad I bought back in a couple of weeks ago.
Double my holding last week at .37 per share
Sold (what I bought last week) today at .40p a share
Average now at 1.45 instead of 3.5
Once they get another bank on board and they should seeing that the have assets (was it 10 million) hopefully the share price will be equal or more than my average
So what happened since the RNS of 11th April?
"Total revenue for full year 2023 expected to exceed 2022: focus on margins and profitability
· Q1 2023 gross profit margin 25%, in line with 2022
· Cash balance $4.6m as at 31st March 2023, post $3.4m net placing"
The Scots have a long and very successful history in innovation.
This company has been around a while.
If the directors wanted to take the money and run they would have done so when the SP was around 20 (the last big bounce).
Seems like they are in for the long haul.