Member Info for mrcautious

Plus the fact we will probably get more for our resource than Telsa was willing to pay !

I was responding to no 1iss post on this not being an AIM share.

Answer - ive been in this small cap share for nearly 4 months and am still about even's I think given the hype it would have done a bit better of a nano-cap share. I am glad you achieved a good entry point. I have entered other shares of similar MCAP and made big profits in a few weeks recently. I have learnt that shares like this are not stable investments they are to be just watched and traded. I think to have not done anything really in 3-4 months is not good performance, I never looked at this as a share to pass on to my grandchildren !

Owls - you are right about not using anything anyone says on a BB to make an nvestment decision. The other day I got into a minor argument with what I consider to be a ramper on another board. This is a person who posts copious amounts of analysis theories presented as fact and financial projections etc etc, and they had the nerve to try and blame me for acting on what was said on BB's ! So the only response was to say why do you spend so much time posting this blurb if you are not trying to inflate your investment !!!

Before I retired, I did a fair amount of work with schools networking and at the time (only 2 years ago) most schools had nowhere near an adequate network for cloud based services least of all primary schools..

We know that but whats the relevance ?

Bannor - you havent understood my analogy of course I know you dont move house until you have completed, but the general consensus on the board today is that of not being sure the shipfull will be for KDNC's benefit. I am not on a downer and am pleased that we have had some upward movement, but you force me to say my underlying opinion is nobody really knows a damm thing really and we are all still guessing.

This doesnt make 100% sense to me, surely and announcement whether the deal was done would preceed 'we just shipped some ore' ? It would be like starting to move into you new house and not being told youve exchanged contracts until they start carrying the furniture in.
Unless I am missing something..

So in effect we now think this ship is not for Cadence so people who piled in today may get a knockback again ?

No II holdings to speak of and director holdings tiny compared to issued number of equities...

How do you work this out Newto ? Almost all of the shares are in broker nominee holdings ie Hargreaves L etc and only 12% are not floated according to the web-site. I assume director shares are lumped into the free float number also.

So feck the previous shareholders the new trader crew are okay ! I am still invested but only because each tranche of my shares are worth about the same as dealing charges. The assets are nothing anyway I have seen a lot of junior oilers like SOU come up with dusters after millions of $ of drilling...

I never ceased to be amazed by the casual chat on this share given that it was driven into the dust as ROSE petroleum, and now re-named as though nothing had happened with a fresh crew of rampers all ready to lure in unsuspecting PI's like a sea anemone would ! ROSE turned around £5K into about £18 for me and I dont for the life of me see how this should still be trading.. If you want some quick and dirty range trading then great - if not steer clear of like Ebola is my advice !

How about the Saudi Arabia of Iron Ore !

Damm - you beat me to it ISB !

Yes I was forgetting the stamp duty piece. On AIM generally the bid/offer spread is usually large so if you put stamp duty on top of this you have a large 'ROI hill' to climb immediately you buy a share....

Joe - what I am saying is if you are investing your pension pot - make sure you read all of the relevant BB's so that you can know when people say its going to pop - great investment - undervalued - 10 bagger etc, you will then know you have done the right thing - LoL !!!

Are you saying that traders use share BB's and social media to further their trading AIMs ? I am shocked to think this goes on (sarcastic LoL !)

I thought this also, this is a very stagnant share, while i have been waiting for something to happen in DEV listening to all of the usual BB bluster (being polite here !) I made nearly 50% on a trade in FAR over just a couple of days ! This has been stuck in the clay for weeks...

How did that happen ? A buy relating to couple of percent of the MCAP and no shift in the share price ????????????