Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I see Bridgewater Associates increased their short by 0.08% to 0.9% on 8 April. These guys are playing with fire and desperately trying to regain control and it's not looking like it will end well for them - especially since all of them except Adage went short when the SP was already below £10 (shame eh?).
P.S. SP on NYSE now over £11GBP equivalent as I type - currently $13,8075USD - up 1.9%.
Buenavista: No - I'm giving an opinion based on my experience here (which is substantial) - but which you don't like (tough) - but which is just as valid as any other. Seems to me the one with an overinflated concept of their opinion is you. If you don't like what I say - filter me - no problem.
BuenaVista: Correct - they would have to put it to shareholders to vote on - but not recommend the offer. However, depends what value you place on the business decisions (and hence value of the recommendation) of AS and BoD - negligible to zero in my case - and I'm far from alone in that regard.
Gje: That straw poll is aimed at active investors (by definition - those interacting here), not the hundreds (thousands?) of PI's who have had this stock languishing in their portfolio's (and showing red) for years now. I wouldn't be so sure of that outcome you suggest the straw poll at 200p suggests. Furthermore, even you intimate what if 250p / 300p - 'a bird in the bush.....'?
BuenaVista: 'The BoD would never recommend that to the shareholders'. If that was a formal and funded offer (hostile or otherwise), under the rules of the takeover code AVCT would have no option but to put it to shareholders - simple as.
Well, most unusually I find myself with wynbore here. I too have had about enough of the AS shambles and would rip the arm off anyone who came along waving a large wad and offered me 200p. It's tragic really considering what this could potentially be worth - but it's been 'potential' only for way too long now. The ongoing series of AS business disasters (the 50p raise being but the latest in a long line of total co*k-ups) has made AVCT a near laughing stock from a business perspective - nothing but the destruction of shareholder value has so far come from Smith - and until and unless he goes this will continue. So - as long as AS is still at the helm then 200p for me and I'm out - and I doubt I will be alone!
Jockosjungle: This is the situation for many (most?) PI's here - with the exception of the newbees who have suddenly 'discovered' DEC (Skiramp being a prime example). For most it's not a case of being underwater or not - it's more a case of how deep! Having bought into a share that overtly and repeatedly advertised itself as a high and sustainable income share it's become a shambles. The current dividend of 10% assumes you buy in at or around current levels - most bought much higher and now have a yield of half that (at best) - now available on multiple stable blue-chip shares. I don't need capital growth - I need income - consequently, the best I can hope for is to get to my BE and get out - like many I suspect. Furthermore, I have no belief in a management who cannot be trusted to deliver what they promised and who are clearly content to reward themselves for manifest failure. You can only get excited about an SP of £11 if you bought near £8 - for me and many others it's barely a small tick back towards the £18 plus it used to be. Buy hey, good ole Rusty and the rest of his crew still have their snouts deep in the trough - so why should they care eh?
Skiramp - Get an appointment at the memory clinic - you're in goldfish territory now! I reckon you've repeated yourself seven times (so far) - DEC is only PE of 1 - etc., etc., etc.
Hardly surprising you get the pi55 taken eh? What a sad act! LoL
Skiramp: 'and a wierd obsession with dividends' - would that be the weird obsession that DEC have been promoting as their core rationale to invest here until five minutes ago? The reason why most folks invested here when DEC repeatedly reiterated they would never cut the dividend? That's why good ole Rusty and his BoD can no longer be trusted. But hey - he's quick off the mark when it comes to rewarding himself for total failure (evidenced by current SP).
Well - actual close at $12.94 / £10.23GBP (+3.19%) was indeed another strong rise. Like most here I'm hopeful of the SP continuing to head north after the catastrophic fall from highs - which have been presided over by the extant BoD. However, in my case I'll be unloading my entire holding if/when I get to BE. I no longer trust the management and I don't hang around companies that shaft their investors. I can get the yield now available at DEC at multiple blue-chip companies (PHNX for example) - without the volatility, distrust, avarice and general grief delivered by good ole Rusty. There only seems to be one thing that good ole Rusty cares about - and he looks at it in the mirror every morning. All IMO of course.
Bridgewater Associates increased their short by 0.09% - now at 0.72%.
https://shorttracker.co.uk/company/GB00BQHP5P93/