Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
But what do these financial institutions know ? IDW has clearly proclaimed this is a bust and lost cause. pfft these banks are really clueless in the face of the great investor.
Arent MS the Market Makers on this share I don't remember where I read this but defo did somewhere and yea the Goldman increase is quite substantial indeed.
Ahh LTH I really wished you didn’t close, you had till 2:30!!
Just make sure you note it down, complain and you will be compensated don’t take it lightly !
Happy birthday no fear
LTH
make sure you take a screenshot of the trade when you close and compare the spread to another platform and demand T212 compensate you for the ridiculous spread. They have confirmed they are compensating people and you should get a few extra K out of it.
Facing a lot of resistance around this level, definitely need a catalyst to push through
For those using CFDs on T212 you may want to use this Calculator, its being updated constantly but as a rough estimate
https://obrienciaran.shinyapps.io/cfd_new_value/
well it was okay at 000192 or something like that but its since hit 000442 which is ludicrous ! They have really gone the wrong way with this and no doubt will suffer long term. There may be potential for a class act lawsuit being discussed but well see if it ever gets there.
Well as the leveraging is shooting up to 1:2 it certainly does not leave many options. I have 3 positions open on the CFD, 2 in the 20s and one for fun in 45p. All in very healthy profit but they have so much more to give.
To close out and move platforms means getting in at a higher average and this is just frustrating. I will close other positions and just hold this but even then the required cash to keep this open is painful.
LTH
You should close on Monday/Tuesday and really stick them with your gains ! Unless you have closed already and in that case I am very happy for you ! Balls of steel to open at that size and a just reward.
Agreed, I mean implementing on all new positions is also a fair tactic however they couldn't care less, they are about to wipe accounts out leaving people reeling from some incredible losses.
I have been looking at the T212 boards and some people have over 8/9k in their blocked funds, this means an additional 6k for instances if they want to maintain a 70% Margin. This is ludicrous to say the least. Even if you just want to stay afloat I suspect people may struggle. is this illegal ? I don't think so but very unethical
Im still fuming at this decision. They have got themselves into a pickle and have completely bottled it. Very poor management form their side and know the consumers have to pay the price.
I have to put into quite a fair bit of money, much more than first calculated and may need to close one position on Cine which is annoying as I set a PT of 70p on it.
Will need to close NEX ( hopefully with the vaccine news it jumps so I can make a quick buck) and possible one of my EV positions and id still need a 4 figure amount !
1:3 would have been fairer but is what it is. At least the extended it.
Next week is shaping up to be very very exciting if this news is true !
For me, the amount I have got into at Cine is very profitable and closing and moving out will mean losing out on alot of money. I intend to close some other positions and keep Cine my only CFD on T212 and once I close on that, move my business elsewhere as alot of people are now doing.
Very shady tactics employed and I assume they will be losing a significant amount of business soon.
Message to LTH,
Please look into the decrease form 1:5 to 1:2 and look to close your CFD which should be massively in green. Unless you have the requisite funds to top your account up but at your position the size of the top up would be eye-watering. I hope you see this !
AHAHAHA all that **** on people not understanding an RNS AND BS and that’s your reply, whatever you call it.
Wow you really are a moron contradicting yourself left right and centre.
Any body who has any idea of reading a BS knows that lease liabilities and debt are to be looked at individually. It’s not 9 billion debt :)
‘ the Board is confident this additional liquidity will preserve and maximise shareholder value over the long term.’
IDW
You don’t like people posting rubbish ????
This is so rich coming from you! You are second to SG when it comes to that. Not a single soul has asked for your input. We don’t need you to save our money, some weird hero complex...
Also funny how you ignored the Goodwill scenario, bet you thought no one would remember that.