Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lovely.
So we can trade these until close on friday 11th Dec.
Capital reorganisation happens at 6pm that day.
Monday 14th we wake up to 20x the share price and 20x fewer shares in our portolios, and crapload of institutions on board.
What will the price do between now and the 11th
From prospectus:
Number of Ordinary Shares in issue at the Latest Practicable Date...................1,824,014,450
Number of Tranche 1 Consideration Shares to be issued...........................224,657,287
Number of Placing Shares to be issued...........................................250,000,000
Gross proceeds of the Placing................................................... £125million
Number of Ordinary Shares (including Tranche 1 Consideration Shares and PlacingShares) in issue immediately following Admission of the Tranche 1 ConsiderationShares and Placing Shares....................................................2,298,671,737
Number of Consolidated Shares in issue immediately following Admission of theConsolidated Shares.........................................................114,933,587
20:1 consolidation.
Agree seamus.
David, I am also heavily in AML since 33p. It was a traders paradise or a while. It saw 2 massive rises based on barely ANY news. Loads of people made a bunch of money, and a lot of new money invested looking for the 3rd wave. It never came because there was no reason for it to.
Stroll is building a team, that team negotiated a deal with Mercedes, and they announced the news. Since then your investment has risen 40%+
I am for more comortable with AML now than I was during the crazy swings.
If I had as little faith in a Board of Directors as you seem to I'd keep my money elsewhere.