Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This is not the spread being applied which now is 13.25 - 13-50. The wider spread is more an offer to treat and is set wide as the mm's like most of us are not sure wether we have hit botton on the gold price or not! I sure hope we have.
I think the answer must be, yes. Can anyone have confidence in this BoD.
This is beginning to look too much like Vialogy, with a reliance on income from effectively the "rental" of equipment produced rather than one off income from outright sales. Sounds a good model & VIY bod did well out of it as for the investors, a few low priced platings soon wiped them out. I hope this board are better but remain to be convinced.
It only appears standard because idiots vote for the resolution allowing disapplication. The institutions are usually able to get the cheap shares as are, normally, the directors it's only the small investor who gets ripped off, often because their nominee company votes yes using their shares! They then come bleating about dilution! Legally the company even in the UK has to seek approval from shareholders for disapplication. Our institutions tend to go along with it as they are nominee holders and only their customers are affected or they are part of the placing.
Expect more bad news, these things usually go in threes!
I may have confused things: there are effectively at least 2 spreads, one which is an offer to treat, the other the offer by the broker to buy/sell these re the contract prices and are usually, but not necessarily, within the offer to treat prices. The only way to get an actual price is to put in an order and then accept or reject the brokers offer. It helps, of course, to have an understanding of contract law, although this is certainly not essential.
You have to go back to at least the 19 th for the current price to make sense. A broker was complaining to me yesterday that these tight spreads are making earning a living very hard. This will get little sympathy on this board I'm sure but he is right which is why now is a good time to buy if the fundamentals are OK. I think EKT fundamentals are sound. The Tunisian situation may put off some but the situation there as reported in N. African papers looks fine to me. Why am I not filling my boots; easy, this is Christmas and I'm strapped for cash.
I almost wrote this off after Hardcastle was removed from the board. This latest news is very encouraging in both that DSN have a lively R&D and there is nothing like hi profile success to bring customers to your door. Congratulations to the Chairman, CEO, and the R&D team who made this possible.
I don't think anything significant is going on. I suspect that a lot of people like me have invested just a bit too much and now need cash for Christmas expenses. It is relatively easy to withdraw cash from Unit Trusts and shares and as money is withdrawn some panic because they think there must be a deep reason for the fall and by piling in themselves exacerbated the situation. I'm quite happy to continue to hold rather than contribute to the MM's profits! Gl
I must admit to being well satisfied with Greggs; since buying in Aiugust not only have I seen an interim divi. but also a small capital gain. Its hardly an exciting share but if all my investments were doing as well I'd be a very happy man.
This is good news, but even better would be some evidence that the company was lessening its dependence on the US market. I note that the broker has not increased its expected price. Perhaps we will get good news in the next trading statement. Expansion into India or Europe would, I'm sure, really help the sp!,