Member Info for norrab1

Hi Bignuts, RR is too risky atm may take some if it drops to sub 70 before the rights issue, then take advantage of the 10/3 at 34p.
May take some AML at sub 45 then medium term hold.
Gone off the DBX, considering a Tesla, blends in with my environmental ethos.

Excellent first posts Mininginvestor, a hostile takeover is definitely in the realms of reality. The current LTH's are not an obstacle, and a mcap of 3m is peanuts.
The macro issues of competition with renewables are more of an obstacle (to a takeover) than anyone invested here.
I particularly like your thoughts on a quick trading profit.

Proposed fully underwritten 10 for 3 Rights Issue of up to 6,436,651,043 New Ordinary Shares at 32 pence per New Ordinary Share to raise gross proceeds of approximately £2bn....!!!

Harry has never really grasped accounting principles, I doubt whether he could run a sweet shop never mind a coal mine.
Net profit is the only valuable indicator here and the company won't even tell investors their gross commission margin per tonne. So what chance do LTH's have??
Trading the dips is the only way.....or invest in Food.!

YHAL, the last tender offer had a holding % tender limit of 14.2857%

"we are pleased to announce that a tender offer of £3m will take place in November. This will be supplemented by an ongoing buyback and an intention to target further distributions of approximately 50% of free cashflow from operations each subsequent financial year."

Yes Pidster, I and a few others have profited from this stock with successful trading. Since Jan 2017 it has been a great trading stock with predictable oscillations on its massive fall. The last few months have seen it level off somewhat so the range has narrowed. Pointless going long on this stock, don't listen to the Happy Clappers they will cost you with their wild claims and predictions. IMHO, DYOR

Gotta laugh at this Neil character his understanding of fiscal matters are pathetic.

The generation of fog on this board written by the trembling amateur investors in the hope that nobody pulls the curtain to reveal the truth, is both monotonous and worrisome.

I see Arsenal is still banging on about his missus being a RR executive....how does that help the sp?

I agree Sunday, there will be a massive siht storm if they renege on the dividend.

Good day Nags
It's far more likely to "drift" to 247 like it has recently.

So it's a " classic" shake up...

40 may be a touch on the high side by Xmas, imo the low thirties and with a satisfactory Brexit possibly 40-45 by the Spring

Exactly Croft! Why anyone would remain "long" on this stock at this particular time is unfathomable.

Sell>Buy ratio now 5.3>1
sp now down 9%

SELL> BUY = 9.5>1

You are wrong Sausage man, we do not need another water crusher, pointless to increase supply when there is little demand.

Buy>Sell Ratio= Zero>12mill.
Still early though. Lol

Agree entirely, sub 2.00 beckons.