Member Info for PerArduaAdAstra

I wasn’t aware of the new BlackRock position - thanks. In light of which, perhaps those trades yesterday weren’t actually buys then. With the increasingly regular use of Systematic Internalisers it can be incredibly fiendish trying to trace transactions, but, that BlackRock short (considering current low volumes) would appear a reasonable conclusion.

As for covering, it doesn’t matter when or where shares are obtained, as long as they are fully paid up ordinary shares, they can be used to return shares to a beneficial owner and close a position.

Regards,

per ardua ad astra

Good evening, wwguk. Those large trades published after hours would have transacted off book at some point during standard hours, but, were late reported (in exceptional circumstances trades can be reported up to 36hours after transacting.

Regards,

per ardua ad astra

Sorry, Chriskies - just seen your response as I posted.

Cheers,

per ardua ad astra

Good morning, John. - nothing new to be read into that Jupiter increase, I’m afraid.

The increase in their holding was in May when they took part in the Firm Placing in order to maintain their percentage. If you take a look at the ‘date of portfolio’ column, you will see that it was updated as of 31/05 rather than between Jul and Aug.

Regards,

per ardua ad astra

If, buts and maybes. Pfftt . Why don’t you just call it live when you actually open the position rather than blow a load of smoke about it now?

Then we can all see just how clever you are in real time.

per ardua ad astra

The port facilities are infrastructure.

per ardua ad astra

“I'm presuming he was referring to us but without mentioning us by name“
——-
Aww... c’mon, Jonesey. Be realistic. It’s not like there are any infrastructure projects in the news that are far more likely to focus his mind is there?

Cheers,

per ardua ad astra

“not allowed to sell to usa punters. just the rest of the world.”
——-
Eh?

#SRUXY

per ardua ad astra

The same was said when the unwavering Robert Goodwill put it to Theresa May at PMQs.

per ardua ad astra

Shame on the Tories for proving themselves so thoroughly repugnant and untrustworthy, that a Marxist and apparent anti-Semite should stand even the most remote of chances of holding the keys to Number 10.

Ideological zealots abound. Where are the men and women of reason?

O tempora! O mores!

per ardua ad astra

“I am aware that the Treasury looked at providing government guarantees in the past and decided against this.”
——-
I hope this reflects a perhaps well intended interest, yet, only superficial awareness of events as they actually happened.

per ardua ad astra

Hi, DGR - being an IQE shareholder, I’m no fan of that particular hedge fund you can be certain, however, if I had divested the remainder of my IQE shares when they went for them, then I’d be considerably better off on them than I am today. Muddy Waters highlighted what they saw were inconsistencies and surprise, surprise some of their arguments had merit. Where does the share stand today? I’ll tell you, it’s 51p. And it’s not worth 51p because Muddy Waters say so, it’s 51p because in view of all that has come to light, that’s 2hat the market thinks they are worth. The same with Burford. If Muddy Waters are wrong, they will get burned. However, if they are correct, investors would be wise to follow them out the door. You pays your money, right?

Having said that, you are spot on with the abusive practices, book-talking and such like. But of course, that goes on on the long side too. And there’s plenty of companies that will happily mislead shareholders also.

R3gards,

per ardua ad astra

Darryl/Chesh, the problem is that it is a key component of an efficient market, where it is another mechanism to employ. I appreciate that shorting is a highly emotive subject, however, I don’t think that you’ll find many financial professionals have any fundamental issues with it, and I’d suggest that is more likely because it is a rather more sophisticated procedure than just buying shares and holding on.

You ask what the long term effects on markets might be, Chesh, and to be fair that would no doubt require a detailed investigation. However, drilling down and bringing it closer to home, perhaps I should ask what effect such a ban may have on dynamic, startup companies needing to raise funding? Where do you think Sirius might be now were they not able to place $400mn of convertibles at ST1?

Cheers,

per ardua ad astra

“Scum bags shorting should be banned”
——-
Nonsense. Short selling facilitates price discovery, it adds liquidity to the market, and it provides a useful source of revenue that the pension funds managing millions of our fellow citizen’s retirement can use.

Besides, funding that progress at our mine comes with a heavy price tag. And when you consider that more than a third of the funds raised at ST1 were from investors who quite likely wouldn’t be there, were they not able to hedge their exposure, and you can see that perhaps things are not quite as black and white as you may believe.

Regards,

per ardua ad astra

As baleful as your tale of woe may be, w13, I’m struggling to rustle up much sympathy for someone who gambles that the stock market is a route to easy riches — only to discover it is not.. Whilst not pertinent to Sirius in isolation, caveat emptor is the maxim everyone should apply in this game. At all times. And perhaps if you’d done so when you set out on your journey, notably before buying any shares, then perhaps you might not have found yourself in the position you have. Perhaps I’m wrong - and despite your best - it is only your timing that lets you down, but, I doubt it. Because to me, your post smacks of a lack of effort on your part. If you act like a lamb, you shouldn’t be surprised to be fleeced.

No doubt I’ll be jumped on for being pompous, or some such (LIGAF), however, some things need to be said sometimes — and the “I just hope we long term shareholders are not being conned” bit, tells me pretty much all I need to know.

Above and beyond anything in this game, PROTECT YOUR PRINCIPAL. Because if you don’t, you won’t be around long. And it won’t be Barclay’s, Sirius’ or, anybody else’s fault. It’ll be your own.

Good luck to you.

per ardua ad a astra

Less than 20 years ago “organic” produce was perceived by many as a niche product, and I’d hazard that more than a few producers will have been cautioned or advised not to go down that route. - By 2025, the global value of this market is projected to reach $320bn. Polyhalite qualifies for a role here.

20 years ago there won’t have been many of us paying too much attention to our carbon footprint either. However, from electric vehicles to offsetting and carbon credits, many more of us are doing so now. Energy efficiency is a key consideration for an increasing number of consumers. And with an estimated carbon footprint three times smaller than that of MOP, there’s a good chance there’s a role for polyhalite here too.

“Come gather 'round people
Wherever you roam
And admit that the waters
Around you have grown
And accept it that soon
You'll be drenched to the bone
If your time to you
Is worth savin'
Then you better start swimmin'
Or you'll sink like a stone
For the times they are a-changin'.”

per ardua ad astra

Whilst certainly no fan of the orange groper, you’ll forgive me (I hope), if I should take a link titled “learning from China”, and posted by someone who chose the nomme de guerre “RedRoy”, with more than a pinch of the old poly.

Without malice.

per ardua ad astra

Hey, Alan! You forgot to mention no meteor strikes (or earthquakes- a-la-cuadrilla) at Woodsmith.

Gotta be a bonus, no?

per ardua ad astra

Hi, Bellers. As you probably know, that page is a relatively recent addition to this site - presumably intended to publish/collect NEX exchange data.

With only about a million quid or so spent so far today, it would appear there is little need for the NEX exchange’s services, and consequently, no trades have been executed on that exchange.

The page - and its overall relevance really - is of limited use to shareholders.

Regards,

per ardua ad astra

“It’s one thing when you’re looking to sell 2-3 million euros (of debt). But when you’re looking to ship 50 million euros - that is more of a challenge.”
——-
No kidding. And a company trying to sell 500 million is going to find it more of a challenge still.

Having achieved so much, however, if anyone should doubt Fraser’s determination to get this deal over the line, then they really don’t know him well enough.

Fair enough, he might not be your best mate. But, at this price, at least you should recognise he’s likely to make you money.

Or did you come here to make friends?

per ardua ad astra