Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lenigas had perfected a technique of appearing to look like a fat jolly Aussie mucker, taking a company eg REM or UKOG cleverly manipulating the media to publicise/ramp them to death take directors fees and sell his and his mates slices before the FOMO peak subsides... A pure rinse and repeat merchant !
This is AIM ! We are stranded with huge losses and even the biggest 'bull*&**ers on the board have to be in the same boat unless they are just paid employees !
Yes this cost KM around £7K but it isnt inconceivable in companies like this that directors buy chunks of shares just for 'marketing' reasons -- it is a tactic sometimes used to shore things up ! And if he is so keen to buy surely (as someone else has said) now is a great time.
Funnily I was looking at some old messages from my platform providers and saw this from April 2022 :-
As you will be aware Cadence Minerals Plc recently announced the terms of an open offer giving existing shareholders the entitlement to purchase additional shares at 20.5p each. The open offer has now completed, and all elections were satisfied in full.
How has my portfolio been affected?
Following your instruction, your SIPP Income Drawdown was updated on 25 February 2022 on the following basis:
Total number of Cadence Minerals Plc shares successfully purchased through the open offer and credited to your SIPP Income Drawdown: 1,569 shares
Cost per ordinary share: 20.5p
Total cost: £321.65
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This shows what an utter turd this company is !
True
No HUMAN is that much of a dick !
He never did tell us where he is borrowing the shares to short this ???!!!
see my post from 19th jan - here we are at 28th feb still not a whiff of a dfs ! this is a ***** of a share !
Ok -- 'developed'
My understanding of the media and most of what I am seeing online is that the Aussies are possible the most anti-ev of all civilised countries ?!
Its just the neanderthal way these platforms report trades on shares that have erratic and large spreads. In the 21st century we should be able to do better but I dont think its deliberate...
Irish - Bacanora owned part of this and BCN shareholders (like me) were given ZNWD shares as part of the dodgy Ganfeng deal that was done....
Dead right Bannor. There are people on this board would watch their granny murdered and then say -- the murderer seems like a decent chap !
these ****roaches come out of the woodwork in pairs or trios ramping away and slapping one another on the back for all comments etc --- happening all across aim sadly !
We're all either idiots or liars because we invest in AIM dog dirt like this. I have been investing for nearly 15 years now and apart from some tiny exceptions - ie selling EMH on a spike AIM is a money losing market and we should (including myself be ashamed we are here !) Fortunately AIM garbage is only about 4% of my portfolio...
I'm not letting go of my diesel just yet, as my personal circumstances dictate that I often do a 400 mile round trip in a day at UK motorway speeds (not 62MPH) so these journeys would be much more painful with most EV's I know of....
"crewed by market shens" -- please decode for us mere mortals ??
......good point, you'd think it would motivate him ?????!!!!
Well this is the point of these shares isnt it. They are lifestyle companies only in existence to pay standard AIM CEO salaries and share options. Useless Kiran has had a decade of juicy salary out of this and various other salaries from other AIM dog dirt shares such as UKOG -- why should it car to him what happens to this as long as he can keep the punters on board and salivating !
Someone sold £1100 worth and it just trashes the SP on the 'last trade' based SP indexes...When will this pain end !!!!