Anyone looking at i3e? Minus 40% on potentially bad news, while this share is plus zero on potentially good news. These are the odds you face investing in AIM - better off going to a casino, it would seem.
Yet another example (as if needed) of why AIM is a gambling site, not an investment platform. Is a 40% fall warranted? Hardly, in my view, but so what - it's happened. Great for new investors ; not so for holders who have no appetite for further exposure - near 60% rise now required to BE if bought recently. As so often on AIM, investment turns to noose around the neck.....
"...Other than to tell you the share price"- indicating the price collapse since the company's recent finacial games is more relevant to most people here, I would imagine, than an endless argument about who is a holder or non-non holder.
At a wild guess I would say the major of readers are involved with the company to make money, not discover how many shares individual PIs holder.
I have bought again on the current dip. This has been the laggard of the PM miners due mainly to production slowdown and (possibly) location. However other silver miners with similar downward-trending production and very high-risk locations are through the roof (on the US / Toronto exchanges), so I think that FRES has somewhat unfairly been made the Bad Boy of the sector. Cheap or Cheap For a Reason??? Can't say, but ATM the only sector I am looking at is PMs, and FRES appears to have more room for catch up than the others.
My 2 other major PM holdings in the UK are POLY and HGM - fantastic performance to date unlike FRES. Indicates the potential of the latter when silver finally kicks off?
The continual fall from 41p to a soon to be 29p indicates that the prior price jump was due solely to the buyback, and not operational factors. As we slide back down to where we started, investors should be wondering what will be done by management in an effort to arrest the decline, and not arguing who is a non-holder ( who cares anyway...). Will management wait for further price decline before engineering another buyback? Not sure I see what else will kick this sleeping lion awake, which is more dead than red ATM.
Not sure why this share is falling through the floorboards - people really think the company will implode due to potential issues in Poland and a slow down in Mexico? That's what the price collapse is telling us - down from 250 to the 80's......
Despite zero movement in the share, the rampers keep ramping. Now share price falls are not negative but 'opportunities to buy the dip'. With the British gov making an a** of itself, Labour waiting on the sidelines and Brexit chaos getting more chaotic by the day, I just don't see any major investor buying big into a British bank ATM.
260? 280? 300? Don't want to rain on anyone's parade but is a share that falls by 60%+ (depends how far you go back....) and then rises by 8% a great investment or a huge value-destroyer? I thought so - day traders quit the ramping as you try to get more people to buy in so that you can exit.
Can't disagree with the risk involved. However these guys do actually serve a purpose in society - it's not like their clients can get an overdraft facility at Coutts. The industry needs to be regulated but not to the extent it shuts down - you don't ban cars because of the number of car accidents.
Did I say down 40%? Now approaching -50% - and results weren't even THAT bad!!! Reckon the Market Boys are playing with this share the way they have played with MTRO. How can PIs win in such a rigged market????
At last this share is gaining traction. The last results show production down - however many (if not most) silver producers have seen declining production. Not sure why FRES took a massive hit while the others are off to the moon, unless it is indeed our friends the market manipulators. If it gets back to GBP 8.50, the dip was just a buying opportunity.