Member Info for Matthew125

I just bought some more @130. Could go lower but looked at the numbers over the weekend and this is crazy cheap.

Yep, must be! Although it gave me a laugh!

I'm confused? This is the board for MKS and you say that you bought for 20p? Lets hope it is not £1 in 11 years! :P

Although like others I am a little disappointed with the price action and regret not taking some profits in the 40-50p range, I will see any drop into the 20s as an opportunity to top up.

"It is astonishing to read on this board how little understanding there is on the maschinations of the stock market. "

Bandit, you should get over to the SXX board for a review of how little understanding some investors have!

Day traders. This hasn't found a bottom yet.

Unlikely, just read the posts on here. People averaging down when there is no clear plan. This has going from being high risk to dead man walking. If there is a bounce expect it to hit a wall of sellers!

If it hits 0 you will keep your share of nothing! With a buyout you may get some small something for the shares you have. Hope you enjoyed the speculative fun! :P We have all got burnt on this one! :(

With hindsight the project was too big for a start up company. I can't see what cost savings they be able to find in the review, as with a shaft so deep, how can you scale back the project?

I'll keep my eye on that one! :P If it gets bought out it may well become a private company so no opinion to buy it!

Interest ideas there. Maybe all is not lost

Made me laugh! :P

Yep, lesson learnt for me here! When they pulled the first bond issue it should have been a red flag. It did worry me but I didn't act. I could have banked a lost and sold down a bit, not completely out but lower my exposure. I haven't lost as much as some on here but it has still been my worst lost on an investment/trade to date. I got too drawn into the hype, always a bad move and hopefully one I can avoid from now on.

Totally agree jimmy

Jesus! £78000! What did original invest? I thought I had got in a bit deep with SXX putting in 6-7% of my funds! But your lost makes my £9k lost seem minor!

Painful lesson, we should have took note of a possible red flag when the bonds were pulled! Got taken in a bit with the hype. LTHs may get something back with a buy out but with the mothballing this may just go under. Any big partner will want this for pennies. Only possible upside, I can see, could come from UK gov stepping in.

Silly to buy more with this news. Everything is back up in the air, there is no plan. Was always risky but I thought that we could have seen 40p quickly once funding got approved, now it is very high risk.

Can't really argue with that appraisal!

Buffet wasn't talking about Sirius at the time! :P Only buy good companies in bad times! Unless the Gov step in after Brexit (not impossible) this will probably get bought out for pennies. Good prospect but they don't have the funding, and without it, this is a pure gamble. Was a little heavy into it myself (7% of my portfolio) so has been a disappoint day.

''"Buying shares in any company whether they are FTSE 100 or aim listed is just like walking down to the bookies and putting everything on Frankie Dettori in the DERBY. It might look like a winner but strange things happen along the way. Good luck to all those who are waiting for good news and I mean that most sincerely".

naaw, Don't agree with that. When you reseach a footsie 100 (or 350 or aim) company you have far more usable information than you do on the limited knowledge of a few horses or whatever . It is quite simple to pick a basket of good companies from the uk index and buy and hold, occasional re balance and be quids in over the long term.''

i agree. Another problem with the Bookie analogy is that the bookies set the odds, to their benefit. They are no odd setters in the markets. So, even though I think it is a good attitude to understand that 100% of your equity is at risk when you buy a share, nobody knows what return you might get from an investment and you also have the opinion of banking a loss before you lose 100% of your errrrrmmmm... stake! :P

6 years! Wow, what opportunity cost! Still, we have all had shares in companies that we have been reluctant to part with, normally because we don't want to bank a loss or miss out on a potential big spike to the upside, which this company certainly has the potential for!