Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
there will likely be a few 'dead cat bounces' due to shorts closing ...
very, very risky mind you .... monies only that one can afford to lose ...
IMO DYOR
https://shorttracker.co.uk/
Thomas Cook Group is the 2nd highest shorted stock listed on the London Stock Exchange ...
The 'bear bones' of a recap deal was announced yesterday:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TCG/14145990.html
FOSUN have bought up a buch of the shares and will be fronting the proposed £750m recap.
The deal will most likely neeed SH approval as there will be 'significant' dilution of SH. Some of these deal don't get through as SH approval does not occur (gets voted down) ... but with FOSUN having c. 18% of stock isued - it'll likley get through.
Now ... shorts will likely be closing over the next wee bit (look at the big trades there yesterday - likely a lot of shorts starting to close)
Considerin the above - there will likely be a few 'dead cat bounces' over the next wee bit ...
Could be profitable ... but very risky.
Not for the feint hearted.
Anyone posting there that 5p is good value - needs there heed looking at IMO :-))
ermk .. recapitalisation lol
May well be the placing price .. seems to be a popular number for such recaps.
IMO .....
what has been going on behind closed doors ????
mmm .... smoke and mirrors, Russians dolls, an enigma within a singularity ...
very difficult to decode ...
of shares bought yesterday ... outstripped value of shares sold by quite some margin ..
either a sale being worked ... or the bid / ask was off meaning lots of reported buys were actually sells ..
t'would be good if the stock exchange gave out acurrate buy / sell info ... no idea why they don't
Look how many posts you have ... c. 'The Number of the Beast' ... lol ...
morning ... hope you got a ghood sleep :-))
Will be defending our win from last year later ... 4 ball better ball 90% of h/c ... mind you getting 52 points again is almost impossible - its a one in five year event lol (and we've 9 shots less than last year)
Aiming for 20 points lol :-))
Take cae bud ...