Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I really do wish they would foxtrot oscar.
Good news is of buyer(s) mopping them up. Augurs well for when they eventually do finish.
Surely a good buying opportunity
That would be nice!
Be interesting to see of the seller gets stuck in here in here today. Watch out for big lumps going through...
Not bad. Missed the Hardman number by 700 RX in the q or roughly 2 days worth of sales. I take that as being on track and really nice to say a significant 24% uplift in price Vs H1.
Its good enough for me to top up here.
In the first 12 minutes after the opening this morning around 100k shares were traded and the price was dropped by 3p or 6% or 16m worth of market cap. I am a mere PI and don't' pretend to understand the intricate mechanics involved but no-one will convince me that this is a market balancing between buyers and sellers. In smaller stocks The LSE is a rigged Casino.
Some chunky buying this open. I would have thought the seller would be leaning into the buys. Interesting....
Just looking at the info on this site it seems with his latest buy his average holding cost is now 11p.
Anyway answering my own question he knows what he knows so this purchase is definitely positive.
I wonder if this means no RNS on sales this month (as was mentioned by Hardman). Can he buy when he knows price sensitive info is coming?
You should sell out mate, it's obviously stressing you greatly. I think there are some American fund managers who are ready to buy your shares.
Bur surely the front runner would be Viatris.
As per my earlier post they are already committed to paying 30m via their del with STX. They will have provisioned this amount already, so from an accounting perspective the money is spent and can be taken off the price they pay to acquire control.
What would be nice (in my dreams) is a bidding contest between Viatris and Nestle.
Nestle could be a buyer and average down via that route.
Good info Shandy, thanks
BrokeNSmoke
Unfortunately their revenue falling has been running ahead of their costs. Their margins are rubbish, so their costs are too high given their revenue. If they can't grow the revenue (constant downgrading this year) then the need to cut costs which in the business has 2 legs and probably works from home!
Marty has dropped the ball big time over the last 2 years. Time for him to step up and let someone with more operational experience takeover as CEO. Fat chance though...
We have no idea what AOP's average price is but for sure they have been averaging down. I don't believe it will be anywhere near 50p given their take up of shares in the massive dilution since floatation.
I think the best you can do is look at the multiples other business are taken out at and you have examples of this is the last Hardman blurb.
You are right, but thats history. If markets are forward looking the fact that this business trades at this level either means its seriously mis-priced or the market doesn't trust the management to deliver. In this case I think it's both and until Marty sorts out the mess that is the reporting and cost side of the business then SP will struggle.
He should skip Davos this year and concentrate on the numbers.
I fear this is a year away from any substantial improvement.
WPP at 0.8x sales
Publicis 1.2x
SAA 0.6x
SFOR 0.3x
STX usual leaks? Looks like some chunky trades in advance.
Should be dropping in the next few days.