Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The real spread is much much tighter than the reported bid and ask prices, with almost all trades being executed at or around 160 (closer to the bid than ask) so all trades will appear as sells. I personally got on board early this morning and my buy went through reported as a sell, well below the ask and only slightly above the bid. Would be interesting to see the real figures but that just isn't possible, or not easily anyway. Hopefully the broker behind the IPO isn't propping up the share on floatation day, like what happened with Facebook for example. Eddie stobart and the majority owner since 2014 are both offloading heavily, but most of that happened before today anyway. I think the broker can soak up a lot of the sells at float price to keep the price stable and then sell them back to the company at a later date should they not get sold. Up to a point. Hopefully this is not the case and investors are buying up plenty to keep the price stable. Time will tell. Personally I think it's a great company with strong model and results and with a 55% dividend ratio should hopefully return good value long term no matter what happens in the days following IPO
Those little c**ts! And there's nothing we can do about it. Been inactive in shares directly since the listing went into administration and I've enjoyed the risk free world of premium bonds instead. However, I've recently received a decent sum of money from a sharesave scheme (basically options) and am looking at investing in the markets again. Perhaps won't have such a lop-sided portfolio this time around haha. Anyway, it got me thinking, assuming it's possible - and I don't see why it wouldn't be - if I were to get a certificate from my broker along with a transfer form, would anybody be interested in buying my shares? I have 100k, obviously price would be negotiable.
So that's 4 years and over £3000 down the ****ter. Thanks Richard. There must have been a reason this was thrown out, and he surely will have been aware of that. Faith in AIM rightly restored to the ******* gutter. May as well short every company on here and in a few years I'll be rich. That's if I bothered carrying on with investing, which I won't. This was my last chance at trading and now I'm done with this ****. Swim with sharks get your arse bitten, the worlds corrupt. Time to start selling cocaine or something, aint no money in the legal and honorable side of work these days.
Stop the football talk ;) Very pleased and impressed with WTBs steady and strong growth year on year. Hopefully this 3-5 year rapid expansion plan they have going on at the minute goes well, me and the girlfriend are going halfs on her employee share save scheme at the max amount. Current price is already double our option price with over a year and a half of the three years still to go. Fingers crossed we don't see a repeat of 2008s disasters. It should be a great payday when the day finally comes to exercise them.
Well, last time I held ZOL was when they first listed and were nothing more than a cash shell. Now I'm back! Just seems such a good deal. Abramovich's son is the biggest shareholder, I mean that in itself is almost worthy of literally blindly following. But no, we are actually also sat on a mine that was bought for $180mn (albeit some of that is paid for in debt) and is pumping out huge amounts of gas and oil. The investors that made that possible paid £1 per share so that's a pretty decent bargain compared to the big boys. Always a good sign. I can't wait to see the figures in the next reporting period and look forward to hearing more news from the company :) (at best 78p entry price after waiting all day for my 80p buy order to execute, which it never did)
Current market cap of £6m and after tax lets say £176k a year profit. So that actually gives us a 34 year wait for this company to earn what it's currently valued at. 10p by the end of today? I think I'll give this a miss, thanks though guys. You can all call me a deramper now and I'll go ahead and laugh when this is in the top fallers tomorrow.
Have you read the RNS? Your 3.25p shares are going to be consolidated 10 to 1 and come back out at 27p per share, not 32.5p... There is no reason for a bounce, not even a dead cat bounce. You could vote against it but you'll need shares to vote against it and if the majority is against, the company will probably get suspended again and possibly delisted. Good luck....
I have to feel for those who were invested in here, looks like you've been bent over and ****ed without the decency of even lubing up first. Disgusting.
Haven't been keeping my eye on GDG for a good 6+ months now but thought this board seemed extremely quiet this morning considering the 113% increase in 1P reserves. However, looking at previous RNSs it looks like this is actually less than what GDG stated in their last reserves update... Previous RNS: · Total original gas in place of 25.2 Tcf · Net 1P reserves increase to approximately 300 Bcf (59 Bcf at 31 December 2012) · Net 2P reserves increase to approximately 600 Bcf (313 Bcf at 31 December 2012) · Net 3P reserves increase to approximately 2,600 Bcf (2,508 Bcf at 31 December 2012) Current RNS: Total Original Gas In Place of 25.2 Tcf on six blocks · Net 1P reserves increase 113% to 126 Bcf (2012: 59 Bcf) · Net 2P reserves increase 22% to 382 Bcf (2012: 314 Bcf) · Net 3P reserves decrease 5% to 2,382 Bcf (2012: 2,509 Bcf) So it's really a piece of bad-to-neutral news...?
Forgot to mention, I've obviously persuaded her into applying for the maximum amount possible, even if it means I'll end up buying her lunch and dinner for the next 3 years cos she'll be skint!
My GF of ~10 months has been a whitbread employee for several years and recently got a sharesave letter through the post. After watching the SP move up considerable amounts since we started the relationship I've had a good look through the T&Cs as she knows nothing about shares and was a little skeptical. It's basically options with a 3 year maturity date, with the option price set at 2774p (which was a 20% discount to the previous days close to the date the scheme started). Obviously, should the SP dip below the option price at maturity she can opt for her money back - so no loss possible. However, hopefully we'll still be together in 3 years time, and the price will have continued it's climb to £50 a share or more. Would be nice to be able to participate in options that only usually seem to be offered to directors and IIs, and make a tidy profit too.
Thanks for clearing it up. Was hoping for some easy money after I bailed on QPP yesterday way too early and only took relatively low profits. Ha, ah well, back to hunting for bargains
If a PI (i.e. me/you) were to buy in today at whatever price (8p ask?), and the buyout is approved by shareholders, we will receive 10.25p per share into our broker accounts automatically on the takeover date? Easy money? Or will it likely open at 10p?? :S
1 in 12,538,284 (using 48!/(6!*(48-6)!) Or is it 1 in 12,271,512?? (using (48/6)*(47/5)*(46/4)*(45/3)*(44/2)*43) So long as they pull in enough customers, average long term profit margins should be 1200%? Not too shabby. Intabet looks interesting too. But whether the SP will skyrocket is yet to be seen. Sounds positive, but so do many other AIM companies that have sank like a stone recently
Anybody on these boards? Clearly the ex-divi date has caused a MAHOOOOSIVE crash here. Anyone know of any websites that list up and coming ex-divi dates? Short sellers wet dream? Might have to get CFD account!!!
It's just as made up as any other financial figure. Half the stocks on AIM seem to have no real relation between actual value vs share price.
Ohhh REG, you so crazyyyy! Next time I spot a new admission to AIM I think I'll throw some change at it. Since March 30th this has been one nuts share! I'm not in and most likely never will be, still fun to watch though!
Ridiculously Extreme Gambling
Can only get a live quote for 3.5p to buy for a small amount of shares. Can't even get a quote for any reasonable amount. Sooooooo, where's the next quick buck? lol
Today looks very tasty.. But on a quick bit of further research: From 16 March RNS: • "[SSV has]... conditionally agreed to a Sale to Millington for Consideration of approximately €45.42 million in cash" - one of the conditions being shareholder approval • "[...] after providing for costs and expenses associated with the transaction, Shareholders should expect to receive approximately 3.92 cent per Ordinary Share which represents [...] a premium of approximately 26.9 per cent. to 3.09 cents, being the average share price over the 12 month period prior to this announcement." And from the RNS on 2nd April: At the date of this announcement the Company has received 84,709,389 (67.02%) votes in favour and 74,460 (0.06%) votes against the resolutionvia irrevocable undertakings and returns of proxy forms by shareholders ahead of the EGM So at the moment 67% of votes are in favour of the smaller bid to Millington. So surely it's already a done deal it's going to be sold for €45m rather than €60m.... Seems stupid to me. Let's drill down into that bid since it seems set in stone already... 3.09c = 2.55p; 2.55p + 26.9% = 3.23p. So a possible upside from the takeover of 7-8% at current price of 3p? Hmmmmmm. Sure beats an ISA. EGM being held today?.... If agreed would the shares be suspended instantly??