George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Looks good to me.
Today has been different to the rest of the week, better volume more bigger sells and the price went up not down
So when amers was asked where did he get his info from his reply was
“I m not allowed to say....may get me in to trouble.....Watch these shorters gets burn on Monday!!”
One golden rule. When someone give you info do like any smart person would do and keep your mouth shut
Amers
You really should not have posted that information
Buck
Don't, if you are still in and get shafted then I have failed............
“I really hope that most (well there are one or two...) if not all of you are out before the announcement.”
I mean this.
Thanks for caring.
You will not have failed. I have took risks all my life. I arrived on a boat from Ireland with 5 punts (euros in today’s money ) in my pocket
I well never be mega rich but I am comfortable. I have made a good amount of money taking risks and of course I have lost some but never more than I can easily afford to lose.
We all take are own paths in life :-)
If your right and I am wrong you won’t have failed, you tried your best :-)
Buck my mate
I know what the RNS says.
But have I missed one ? have you seen a RNS where is says the deal with Fosun is
https://youtu.be/inXC_lab-34
Ambly.
To me your the smartest person on here. I very rarely agree with you but that does not stop me admiring you and your knowledge
I have no doubt if the deal goes ahead with Fosun that it may well be 2p, 1p .5 even .2
If it does then hey I was wrong and will be quite happy to admit I got it wrong, I have before and sure I will again.
I am more than happy to hold my share it’s just my opinion. I know it’s a risk but that’s what I deal in. Risk
“Negative yes, but factual..........
The only postives here are
1. You can still get over 6p for the shares.
2.
3.
4.”
Buck I am no where near as smart as you and will never be. I am poorly educated person from Ireland
But
Is Factual when something actually happens buck ?
Buck
“It may change, buy whether it is 25, 50 or even 200, itsn't going to make a huge difference in the scheme of things.
You can currently get over 6.5p.
If you think you'll get more by hanging around then do so.......it's your money.“
Yes luckily it is my money.
I am quite happy holding but I do appreciate your advice.
I will be more than happy to congratulate you if you are right buck and if that day comes I will :-)
It’s great to see the volume of shares picking up and big sells
Thank you buck
So the equity could be £69mill if the deal is done or £ 100m or £200m
It’s pure guess work till a deal is done if it gets done.
What’s the point of pointing out figures when no one knows what the equity will be ?
seems pointless to me
What was the market capital at 4.5p
a share
Buck
That’s there equity at the MOMENT
Means nothing.
If it When the deals announced that’s when the figures matter
You are of course allowed your opinion just like I am mine mate :-)
---------------
“Generally speaking when a deal gets announced it's price is based on the price the day before the deal is announced. Which is pretty obvious really.
Unless it is a takeover bid, and then it has to be higher than the price was trading at in the recent past. i.e. You cannot take advantage of a fast drop to make a quick and dirty bid.
So, if it happened now, it would be £100m of shareholder equity.
Clearly when it is announced it will likely drop to 1p a share, if it was based on that price you'd be looking at circa £20m of equity at best.
I have a lot of experience in these matters....... ;-)”
I am sure you have a lot of experience in these matters.
So what would it have been at 4-5p then ?
“If £2.5bn is the figure that the banks are comfortable with, the only way the 'shareholders turkish delight' is going to get anywhere is to offer a better deal, and buy the equity.
Chances of that are about as likely as me getting laid by Claudia Schiffer....‘
As Q says.
Your smart, witty , also right so maybe it’s quite possible then.
Hell maybe she is on here now thinking I want buck. Maybe Q is actually Claudia schiffer if so that makes it extremely possible :-)
That’s there equity at the MOMENT
Means nothing.
If it When the deals announced that’s when the figures matter
You are of course allowed your opinion just like I am mine mate :-)
“This would take the value of the proposed rescue deal by Chinese group Fosun and Thomas Cook’s creditor banks and bondholders to £2.5 billion."
...and current equity is?
£100m
that looks like 66:1 dilution.
That doesn't sound too positive......”
The equity you think they have ;-)
“all of which is water of Buck's back'
In younger days I was in the Parachute Regiment, trust me I've heard worse, and I didn't care then.
Besides, if I can get them to step over that line that the moderators set regards abuse.
It's all gravy.”
Totally agree buck
I know it’s water of a ducks back, I know you love it and I have no problem if that’s what you want to do.
I am more than happy for you to post all day and all night if that’s what you wanna do. It’s your life, your opinions
Q my buddy
I am lucky enough to own my own company so if I want to take a hour or 2 out I can.
I certainly don’t have time to be on here all day and all night
Granted buck can be quick witted sometime, hey even you can be Q as well sometimes
Buck smart ? Ye I would say so hence why I feel his time is wasted on here but a really smart guy is smart without trying to show everyone he is.
Smart as in this share ? Maybe maybe not. If he was really smart he would have brought at 4-5 and sold at 14-5
I agree the comments about his wife (is out of order)
NO one is right until they are proved right. He maybe if it happens but as it stands at the moment he has het to be proved right. Don’t forget buck and others to be fair said Fosun where putting 750m into Thomas cook. Yet later on it turns out to be 450m.
I don’t think anyone should be bullied
Barckley
I don’t get it. What are people failing to understand here ? As far as I am concerned although I think they are wasting there time here (maybe they have lots of free time to waste, I don’t ) they can post what ever they want.
there is no way buck is going to stop, he wants people to rise to his posts, he is attention seeking. Yesterday day when the boards where empty he tried to getting people chatting again because he was bored, he wants people to debate with ( nothing wrong with that I love a good debate)
He wants to try and prove people wrong, he what’s you to slip up so he can poke fun at you or call you stupid he just loves the attention and you lot just keep feeding his habit.
As I see it your options are
If your feed up with his posts stop feeding him
Filter him
Leave here
Debate with him
If he annoys you ignore his posts
Just post what you want and don’t worry at what he says back
Pretend he is not there
Or just let him have his opinions right or wrong
The last think you want to do is let him know he is getting under your skin because if you do that he will keep on doing it
Health warning
Warning there maybe a lot of spelling mistakes, bad grammar and words the wrong way round in my post lol
BUCK
Matter of opinions
Simple as that
I hope your right jt I really do but not seeing anything myself at the moment