Member Info for Owl85

It's like being over on 88e again and the endless arguments between 88e holders and panr holders

It's Professor Frink!

Expected a rise again today but this has more than exceeded expectations. Long may it continue.

15-20% gain daily, could get used to this..

*mineral rich.. damn autocorrect..

Rukwa is no doubt a mineral rush area with a lot of potential but it isn't without it's challenges. I got stung with Edenville and their attempts to mine coal from the area.

Stalls have opened, the runners and riders are away to a strong start. Nice surprise on my lunch break.

Hopefully so.

Still struggling with this. 100 shares bought at 288 yesterday which was the price bang on the morning bell. Hopefully the price will settle down and they can actually start buying in earnest.

Vs 720m shares it's a small amount, and going on recent volume you're looking at less than a week to clear even allowing for non-warrant shares to be traded. No danger..

Looking good, off to a quick start. Put it this way I'm glad I bailed on 88e with a small loss at 0.26, especially this morning 😳

Wow. Did someone nod off at their desk for most of the day? The one thing it does show is that rise yesterday was completely driven by the market though as opposed to by tsco buying it's own shares. Fair play on that front FB.

I don't disagree, but at today's SP they're spending £1bn to take ~350m shares off the table over the course of a full year. I understand this will leave less slices of the pie on the market and pay dividends on but it just feels like a long winded way of achieving a SP gain.

Eccles - I think because it's viewed as a steady, stable defensive share that isn't as prone to fluctuations in it's market (ie miners, oilies) or regulatory issues (tobacco, gambling etc).

That being said it baffles me as to why they don't just plough this money into divs, 7bn shares for a company with the mcap of Tesco isn't exactly in confetti territory. That would drive the SP up dramatically.

Had a small go with this, looks like a share where it may all start happening soon.

Bought a small holding of this, hopefully in at the ground floor. Sounds like they have a couple of irons in what looks to be the next big fire, and in a politically stable location too.

I'm still convinced there's placing shares still being sold into this. Next to no volume after a significant placing last year barring a couple of big days, only had some decent churn of shares over the last few weeks and even that has had the odd off day like yesterday. Again volume decent again today but just won't budge.. who is selling into it in large enough quantities to suppress the SP?

Very disappointing, it's now 23p down on the high it reached yesterday.

If spread betting or shorting is your bag, then fair enough, whatever works if it makes money. The bit I don't like is the misinformation or even blatant lies told by some to try and further their cause. Not calling any particular person or view out there, just a general observation.

A positive article, but once again you can almost feel an undercurrent of the press beginning to line up to give tsco a savaging for daring to be successful, a la the days of Leahy.

Not yet. It'll come, but not yet. Drop at lunch earlier will have been due to stop losses triggered and a few folk fouling their breeches and selling.