Member Info for MrMath

"Many of you deal with HL as I do, but all other brokers as well, issue clear, unambiguous , straightforward explanations and instructions, calculations and cut off dates dates, with tick boxes for options."

Agree with you about HL but unfortunately all other brokers certainly do not issue clear instructions. As I've stated before, Barclays are a complete shower and show SXX as having gone Ex-Dividend on 1st May and they still show it as listed on the AIM (perhaps a reason why some on here think it is). Barclays have yet to issue any instructions, so I can only assume that must be true of other brokers as well.

"Been my most successful trading stock ever."

Last August quite a few others on this board would have been saying the same but it really doesn't take more than the odd mistake (aka not selling last August) to completely destroy your gains.

When we succeed we take pride in our talents and when we fail we feel foolish, but never forget that sheer luck is playing a huge part too.

PeeDubs, all you need to do is sell sufficient shares within your ISA to give you enough money to buy them all back at 15p. So nothing moves in or out of the ISA and you've made your small profit.

They are all there and definitely not in my cache. Here's his last post:

Life30 Apr 2019 19:06
Eustus......quite.....it certainly made me smile.....what's a forward looking statement....

Amazing isn't it, the amount of ****ging off in recent days re stg 2 update not coming out.......877 posts as it stands now......I can't say I've read too many (but at least the grass got cut today) but I'll bet none of those sticking the knife in have back tracked.......just moved onto the next attempt to worry all.....but all the time the work goes on......and will

And the second to last

Life30 Apr 2019 17:12
OR......yes I do.....I doubt that all this would have been set up if there wasn't a great amount of certainty around delivery.....

...TDT....really...am I getting deja vous?......or are you just copying and pasting the same thing OVER and OVER..... I wonder why....... ?

There'll be a perfectly good solid gain to be had from this in time.....and not as long a time as some make out.....and for those who are in for the full story......there will be dividends.

For us, this project is one of the best things to happen in the North East and we're proud to be part of it........rose tinted spectacle my ar5e........ it's about so much more..... the trouble with too many is short term greed......manipulation and spreading disaffection.....this project has had and still has many who would wish to see it fail....but time after time seemingly against the odds, every hurdle has been overcome......

......bash and manipulate as much as you want.......and all that do will lose....because the greater good is already happening......900 direct jobs, 66% sourced from the local area....245 indirect jobs and over £200 million into the local economy.........we're in this for the long haul.......not htat it is such a long haul any more......and proud.....PROUD to be part of it!!

"But every single one of his previous posts is gone"

I can still access them.

Barclays are complete clowns. They are showing that SXX went Ex-Dividend yesterday and still show them as being listed on the AIM.

Don't expect Barclays to get their act together anytime soon :-(

Certainly KOH (16:07 post copied below)

"1:22 has to be the meanest open offer ratio ever"

Agree. It's so derisory that's it's borderline insulting.

Depends on your broker. If you're with HL you can logon on now to declare your interest but you have until the 15th May, so no rush. Barclays are currently showing that SXX has gone ex-dividend today. They are a complete shower, but hopefully they will get their act together soon.

Could buy circa 40k shares at 15p but I won't be taking up the offer - each to their own.

"1:22 has to be the meanest open offer ratio ever"

Agree. It's so derisory that's it's borderline insulting.

" i’ve lost a pretty tidy sum in the last couple of days."

Kapersky, feel your pain. Have gone from £80k up to £130k down since last August. On the bright side, no capital gains tax to pay for years, a chunk off the inheritance tax on my estate should I croak and my SXX investment is now only 8% of my liquid assets. So whatever it does it's not making much difference now, which makes it a lot easier to assign to the bottom drawer.

Should add that I'm still expecting the £1 party before the 10p party, although we're going to have to wait a few more years for those celebrations.

"my HL account showing open offer on the shares i had close of play yesterday."

My Barclays SmartInvestor account is showing an ex-dividend date of today (Barclays SmartInvestor is sh*te) but nothing showing on my HL account as yet.

"100,000 offered to me at 17.75p"

Hope you took them. Anyone who buys today below 18p will make a small profit in the short term or a BIG one in the long term. The reverse book build is likely already full at 18p. The SP has been flat-lining for over 3 and a half hours at very close to 18p. That should tell you something. Today's situation is VERY different from Stage1 financing. The jagged climb north begins today!

"the book has probably closed already at 18p"

Yes, definitely a reverse book build, so agree (after a lot of reading!) the book may well have closed at 18p. And why not? That's a great price to get in now that the risk level has been greatly reduced.

Already on the up. Blue finish anyone?

Getting tempted to buy more ... The long term trend will be upwards - the mine is getting built.

The Board of Man Group plc has announced proposals to re-domicile the Company from the UK to Jersey.

Any thoughts on what this means for the company?

"lack of communication leads to lack of trust"

Very true.

I too think we will hear something tomorrow or even later today. Whether it's what we would like to hear, that's another question.

"I SUPPOSE you could vest a few days before the divi then pull out a few days after each time
that may work."

Did this on a regular basis but no longer do it now (though I made a small profit via this strategy) as the sums involved had to be quite large (for me) to generate anything worthwhile. Risk is too great for the yield.

"What the future SP will be when the mine is fully operational and running at capacity."

Don't put your faith in anyone's calculation, there are still way too many unknowns.

"There is always a turning point."

No, no, no! And examples are plentiful. Catching a falling knife can be very dangerous to your wealth. Some people get stuck into a cycle of topping up as the price drops and become extremely over-committed. Never fall into this trap. It could be that the SP will recover but you have to accept that it may not, so top up by all means but always set yourself a limit on the exposure you are willing to take.