Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm sure if boo get it or don't get it they've done their homework and it will be pretty planned out,personally I'm on the fence if they even should for various reasons but admittedly they know more that I do on the matter.
On their way to a trading update on 13th which will probably be pretty positive, but will probably trail off a little afterwards when some take their profits.
Boo look to have done pretty well today too, can't complain really.
HL website seems to be declaring correctly, just the app still isn't.
Quite often it over declares but then remedies in s few minutes, this time it's still under declaring but will remedy eventually I'm sure, just not sure when.
Main thing is it's a quite positive day and hopefully a good sign of what's to come.
GLA
While seeing improved working conditions globally would be great it's not reality these days, paying more or even paying into local government to improve conditions simply won't get reflected on workers in those areas, boycotting the factories would put the workers in even greater poverty as they need that money, boo, or even British government cannot fix what is largely a corrupt system. The article also doesn't reflect on other comparisons to place context and was obviously set out to do one thing which it looks to have failed on. Shame on them!
I must admit I was pro Brexit, however I always hoped for some kind of deal moving forward as we would with other nations, it's just how global business works best these days. I guess the devil will be in the details....
Tbh I expected no 10-15%, perhaps around 3 which I think we would have got had it not been for other market factors as I said before.
I think any big buys and holders had already accounted for an auditor being appointed in due course, it's standard, nothing overly special.
Though I would call pkf "mid tier" at very least, not top 4 no, but no. 7 I believe so no small outfit either.
If this goes back to 280's next week, Edie silly over Brexit news I would be tempted to top up, though tbh I'd be surprised if it did anytime soon, like you say this a stronger stock now with plenty of growing room over time.
@Moodyboy, you're spot on regarding aim shares, I'm still watching and if there's a chance to recoup later I may be back. That said I also share your worry here that they're spreading themselves too thin for where they are, so they need to keep diluting until something major is (hopefully) found.
GLA who remain anyway!
#Glasir said "I also have the niggling feeling that we haven't seen the last of placings"
I'd be inclined to agree and I also feel that for where they are alba are already overdiluted, they need something more to offer back soon or they'll just lose more sentiment, I'm still holding for now but am watching very closely.
@pmoran, a balanced and fair opinion not too dissimilar to my own, I do strongly feel that mk should have his future at boo using his strengths as they are, he's quite obviously a very astute businessman with drive and vision, and allowing others to use theirs, Reaney also had his chance to show his and did it well, they have a good team in place now and I see no real reason why they cannot deliver long term.
I get sentiment seems a bit rocky for some with this coming up but it's my opinion it's best to get it done and out of the way.
If it's good then we can hopefully see a near on instant reflection in the sp, if it's not turn we can put it behind us and boo can continue their existing regime of change and, or ramp it up if necessary then we can see it coming up later.
Either way boo is here to stay and has a bright future in my humble opinion, I'm not making predictions on what and when, just that in time it should, imo, have the makings of a strong share.