Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Reading this doesn’t sound great I was positive that this could be turned around but expect a total collapse when the market opens
As previously announced, it is expected that any de-leveraging transaction will result in very significant dilution of existing equity interests in the Group and there is no guarantee of any recovery for holders of existing equity interests. The Company does not expect the Chapter 11 filing to result in a suspension of trading in its shares on the London Stock Exchange.
Would love 2p great opportunity to double my bag ????
Looks like doubling my bag at 2p might just work out for me .. still a way short of my 20p average but could of been much worse at 40p
????????????
Shorters are starting to panic .. expect this to finish over 4.5 today .. another good RNS from Mooky and this will hit double figures in no time .. he’s playing a fine game here ????
3.12
Another top up to get my average down .. if we get good news we’ll never see these prices again
Still looking for a sharp drop down to 1p - that’s my target to buy and DCA the arse of my LTH ????
Nope just a feeling it would suit them more .. there you go anything else ?
I have a sneaky feeling it would suit Disney more , going to be a interesting week that’s for sure
If this hits 1p I’ll DCA in and get my average down to 8p .. gamble yes but I could just get through this if we get good news and the price rises
If Cineworld are playing the game it’s a dangerous one .. they are obviously at the point of bankruptcy but by threatening it they are forcing the hand of lenders , cineplex etc etc .. might pay off might not ..
I honestly don’t believe all the banks , investors and movie studios etc will allow Cineworld to go bankrupt .. if they owe 8 billion that’s to much to allow them to wipe the slate clean and then go again under a new name .. be interesting to see what Monday brings now
Just doubled my holding at 2.9p … small change now but it’s possible this is all crap and Cineworld will come out deny it and shares will bounce
Is it possible that Cineworld could get bought out .. Disney would be a possibility , ready made for them to revamp the brand and get their films out to 9000 venues in one go … the debt would be nothing to them
Buys 20-1 huge interest in Cineworld now
They would be queueing up to buy it at that price debt or no debt
Still a lot of buys coming In … do they know something the rest don’t or just speculative
Don’t be the person who sells now and then it bounces back up to 14-15p … the fudders are out at the moment let’s wait for the next RNS
Long term hold for me now .. not selling either make it big or lose it all , if it drops even further I’ll double my bag