In one week14 Nov 2019 15:44
I will have some small spare capitol to look at increasing my holdings/diversifying. So basically I am looking at UFO as a sub penny punt, so as to broaden my portfolio(which is all mining now I think about it), or aiming to get my holding in EUA from 14000 odd to 20000 shares as it is one or the other and yes. That is the scope of my investment capabilities at the moment so if EUA keeps on the up in the short term then I will hold and diversify elsewhere, with the little capitol I have, meaning I am bringing a proverbial shotgun to AIM mining Cos cos one of them has to strike it right... right?
Don't answer that one as this is the little I can do to escape the combo of working min wage + zero hour contract and part time at that due to a knackered back but hey ho, could be worse. I could be day trading. (poker face(forex))
Anyway, to be more salient to an investment BB I invested at 0.98 p so I would be upping my average quite a bit for much less a ratio of share to hard earned pound and as a SXX holder I could do with averaging down on that ole vessel that is...if I dare. But then again this EUA talk of a special dividend after sale of Palladium assets sounds like something that is worth consolidating into for greater gain as from what I understand of the RNS's the sale is for the pal asset and not the company itself. And given the value of Palladium now that 50 million valuation sounds off to me but regardless. Shareholders get a special dividend and also keep their holding in a company that will have capitol to invest in it's various other projects going forward? Nice.
But what do I know? I'm a peon of a PI hoping to make money on AIM.
GLA and DYOR as this one is a buy and hold as of now by my estimation. Not that I am a financial expert of course, in case that was not already apparent, but it should be noted as rules regarding the discussion of money and investments are a wee bit strange if you ask me.