Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
With Citadel out (bought back to cover all their borrowed sells) they have basically taken the view that the balance of probabilities is that this is the new bottom price.
Otherwise they would have held and waited for the price to go lower or to zero and make buy back unnecessary.
Hence the final closing price of 29.6 taken at 16:45
Usually there is a balancing transition at 16:35 to determine final closing price. Today, there wasn't Hence the first RNS which gives an extra 5 mins to do this. There wasn't;t again, hence the second RNS. Finally sorted at 16:45
Well, either the world will come to and end or it won't.
If it does, what does anything matter?
If it doesn't, then we're taking about how long does normal/new-normal take?
Once that is financed you're talking a solid business. A lot of the market is going to need re-financing - this is part of the return calculus everyone has to get to grips with. - so long as you live in a world where money is a leveraged commodity, which we do.
Pretty much. Interesting rise at the start to give shorters pause for thought.
This is clearly a market where making money will not be the issue. Not even a little bit. The only question is how long the delay will be. ie when not if.
That fact alone tends to motivate banks and lenders beyond short term jitters.
Wouldn't surprise me if the brokers are under instruction to buy as sells come in to keep the price down for more significant purchasers.
Yesterdays's close consolidated.
With the lack of new films and series being available to streaming services, they may have to reduce their subscription costs to keep existing customers, let alone attract any new ones.
This would affect their respective SPs.
Basically viewing old stuff with the very very occasional new one.
I think people have already realised we'll be able to buy the disc for the same money later without being tied to a subscription to keep watching it.
closing is price is determined by trade (buy or sell) at 16:35
Especially since it's sustained. Brokers can widen it temporarily, but this is not that. Upside is very good tho.
Been looking at GOG. 2% spread is usually a sign of something to avoid.
No liquidity in the market to move fast.
Those were the days...
Shorters scare-mongering for 30p.
No shorters feeling the opposite at the prospect of 30p.
Or us that auto correct. Doh.
Us->is
I hate auto complete
The shorters fear at this point is cine survival.
Their hope us new equity.
You would expect some to bail/top slice at least and buy back.
Rampers/de-rampers
On a single post clearly not.
But rappers/dream pets do there thing for a reason don't they?
If you could create a butterfly effect by sowing the seeds in peoples minds you probably would. Just ask yourself if you're own intentions have been influenced by posts.
@Steve1972
Interesting idea. At some point shooters need to buy back or hope it goes bust and buy back becomes unnecessary.
Trading volumes will be interesting to follow. We're talking a lot of shares. Can't see shortens buying back out of trading hours, so most likely to happen in full view.
We may see quite a rise tomorrow, purely based on shooters concerns.
Both realise that posting can influence the SP. Even though it's not a hard causal link. Just herd psychology.
They may claim 'what? Little old me?' but if you create a butterfly effect, then you would.
Best way to kill/hurt vod/pvod.
This will spook any others thinking of going to streaming.
Trust in streaming by subscription will be low.
You mean he actually spent some money?
At least he has declared his bias.