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I actually started to do some calculations last night on how much I would need to invest to being my average down so I could somehow recoup some of my losses when I suddenly thought what the hell am I doing. I've lost enough to this share. No more.
Good luck to the investors but I'm not putting in another penny...
Only £1.05 for me. I think it may take some time.
Thought this was an interesting article.
https://stockhead.com.au/resources/major-miners-are-running-out-of-gold-and-thats-good-news-for-explorers/
Afternoon Chester.
Quite agree with you. I'm happy the price is sliding a little occasionally and the up a couple of points. Gives me the opportunity for a few little top ups. Building a nice little pot ready for next year.
Gla.
"raising funds from equity remains the most prudent and only feasible way to fund projects that can add substantive growth in the asset value of the company."
The problem as I see it is we are funding lots of projects but we dont appear to be adding "substantive growth". Not to worry, I'm only down 85%.
Good info Chester. So those 7 companies between them hold 50% plus...
Wow 10% up. Still not able to trade due to the spread.... have basically written my shares off. I would need £1.05 just to break even and with what I suspect is going to be more dilution there's not a chance in hell that would happen. All my own opinion.
But with a spread of 20% that's hardly going to encourage much trading. Greedy MM's in my opinion.
Gla
Ongold.
Jag.
I initially didnt realise about the CGT until almost too late as the profit I had made on this share was approaching 12k. I simply did a bed and isa which cost about £25 roughly. If you think about how much 2 trades would cost and deduct this from £25 how much would really be saved by doing your own sell and buy. How much could the share price move in the time it takes for the funds to be in the account ready for the buyback. Then not forgetting there is more lost time because the funds need to be transferred into an isa before the buy. For me this a no brainer. This is not advice but just how I thought it through. Atb
Ongold.
Just had a little top up. It is indicated as a sell. Looking at the other trades I would say about 50% are probably buys to. Aimho.
Gla
C
I watch the gold diver one in nome. Prefer that one but will start watching this new one tonight. Would love to do something like that myself but have to just rely on share dealing instead. In at 1.8 little while ago and top up pushed me to 2.7.
Loving the drama here.
Gla
C.
Sells & buys not correct. I did two purchases early this morning both are reported as sells..
Hi all,
If I may I'm looking for some advice re tax. I believe you dont pay tax on profits made on aim companys (I could be wrong), but if GGP moved out let's say to ftse (is this possible? ) would all profits then be taxable.
Many thanks in advance.
Glah
C
Have toast for your breakfast, there's jam tomorrow!!!!!!!!