Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'd say PHE, proof of concept is now being built. If proven (looks very good), this should build nicely over the next few years.
License deal in the UK (now) and other countries (probable).
It rose considerably a while back, but when the first plant is in commission should really do well.
Not a short term play, more a long-term build.
The record date is just that, the date when the owners shares are counted and subsequently the allocations calculated and allotted.
The company (broker) will contact your/my broker on or by Friday to make the offer.
these will be placed onto the brokers system, sometime from Friday onwards. So it could be Monday before you or I see it in our accounts as an offer.
Sounds laborious but they are dealing with thousands of accounts and hundreds of brokers, rather than the few that were in the institutional offer, now closed.
These things usually go OK, so good luck to everyone, hoping that we all get the allocation that we ask for.
The current machines are in "research" facilities (university hospitals etc.,) so as Diversified says not subject to the full approval, rather being part of the approval process.
The gain will be that they can make profits on the xenon gas supplies and consumables when (if) full approval is granted, and that is when this company will make real money. The charging situation will be different.
Ask is now 13.59
I suspect that the US traders are confused.
This share has done this before. (Tesla)
The ADS has the same ticker, last we trader at a similar price, except that now there are 2 shares in the wrapper rather than 5 as was.
The US certainty seems to be rocking.
At $8.86 after opening at $6
These are the new ADS which are now worth 2 shares.
I thought they were to resume trading on the 4th., But I think that yesterday it was mentioned that they trade today.
Certainly is confusing, perhaps US traders are confused also, which might help explain the huge rise.
Good post Whimax
By my calculations and the pre-market price showing on SA, at $6.29, this would translate to a UK share price of £ 1.39 (mid).
However as this is the first day of the new ADS I suspect that this is more of a guess than reality.
Hopefully it will be real, but I'm not opening the champers on it.
We'll see this afternoon.
It's a fun ride anyway.
Gla
The new ADS in place today, changing the ratio of shares from 5 down to 2.
2.5 to 1 new for old.
Hence large percentage change.
Interesting piece of work JPP. Well researched.
Thanks
I saw the interview too.
As far as I can tell, each AIM share would receive one stem share, each US share would receive 5 normal stem shares, which may be treated differently as per the current system. I. E. 1 US stem share is worth 5 AIM shares.
Just my read, but the only logic applicable.
Yes Toonman, correct, there is no affect on your isa annual allocation. These are just emplaced directly into the isa. No tax implications either.
As far as I am aware., and DYOR etc.
I thought that he implied that the 6-8 were to be completed by the end of THIS year.
The 10-12 would be the total, some would fall into next year, (as he said in previous video).
That was my read anyway.
Yes Robbie, got mine in and settled.
H/L a/c all done.
Your broker possibly waiting for settlement prior to displaying them in your account.
GL, hope it's resolved quickly.
Hi Weathergeek, yes quite an interesting study, but all it really shows is that in Covid hospital wards there is Covid tracked everywhere, often by soles of the shoes, and door knobs. Both easily defeated and cheaply too.
I agree that SYM should make the very best of this situation by developing relevant consumables and other items.
Have SYM actually developed plastic that will kill the virus on contact yet, is there any proof? That would be very positive.
Thanks for posting that info, it was an interesting read.
I'm in, and holding for the long term, it's going to take a while to gain good traction.
But on the bright side, pound is 1% up vs. dollar.
You say that you only got a few shares, how did they cut you back?
Did you know at the time of ordering?
Regards
You need to hussle to "primary bid" website to buy these.
Time is short.