Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
NT to buy but 7.85p quoted to sell - the mm's want shares.
Heading for a new high. 8p buys are coming in now.
It changes as I type, slowly!
Tree shake. Offered 7.1p to sell - no chance!
Can't keep up! 7.25/7.75!
Make that 6.75/7! Wow!
LP 6/6.25p. Aim suspension looms pending news on the acquisition? Seems strange to suspend in Oz but not here?
You can now buy at 5.5p.
You can buy currently at 5.6p so for every £10k you invest you will get a £400 return less dealing costs assuming of course the sale at 6p happens. Risky but you should be able to claw back some money? GLA
This is daylight robbery. No respect for shareholders. Sad day.
This is rising quickly now. Tried to top up with another 500k but going to NT. Smaller buys at 1.635p okay though.
No surprises here I am afraid. Many months and much uncertainty about recovering money and assets. My suggested 50% discount to the SP value of the full award was way too generous in hindsight - 10% is now more likely so I expect the SP to drop again today.
Great to hear a voice of reason. Well done and keep on posting, these boards need sensible folk to counter the eejuts, and boy are there a lot of eejuts out there.
I believe ACTA have good products but they can't find a way to sell 'em in bulk. Very sorry for all holders. Sad day indeed but perhaps some small hope that they can get a decent price for the company/patents etc.
I think we will see a rise to 50p ahead of the results on the back of continuing buying and then the results a week on Tuesday which will be at the very least "in line with expectations" as per the trading statement in April but accompanied with a bullish statement for FY 11/12 which will take the shares higher still. Can't wait! The flexecash card customer list is beginning to look fantastic - blue chips galore.
Agree with you zed. If they can show that their massive increase in turnover is profitable, which it should be as they have very low fixed costs, then we should be looking at spectacular results, great optimism for the future and a healthy dividend increase to maintain the yield against what is already a much improved share price. Then we have the mouthwatering prospect of a takeover from someone who will want to get their hands on the voucher/card business and divest the hampers business (where business is also healthy). I would like to think 60p is a relatively short term target with 75p+ looking good in the medium term. Roll on 14 June!!
I agree all is not well at RDW but it is not much rosier anywhere else. Sales hard to come by. Negative sentiment growing. Survive till Xmas and then prepare for doom. I am not in the best of humour currently. Lots of what I see and hear suggest we are in for 12 months of sheer hell. Green shoots now cropped until Q2 2011. Ouch! Buy gold.
SM had to sacrifice Harrow as there was far too much potential for conflict of interest. Harrow is/was a great company but now it is a front-end land delivery vehicle for Redrow and has lost a number of key personnel so will not be able to replicate past success. The Harrow purchase has given Redrow a lot of plots primarily in the north west but they could have taken more of Harrow's sites than they did so perhaps there is still some degree of choosiness? Like all the major housebuilders SM is pushing hard on new land purchases but doesn't want to pay anything for the land until much further down the line. The sector is being crucified in this new downturn as the market makers have lost out big time over the past 6 months and are determined to beat the PI's into submission. This is going to happen across the markets over the coming months - so we should all switch to cash ASAP. I don't agree that TW has traction but I do agree with you on BDEV - it is the sleeping giant and is well placed after the RI. Mark Clare has steered the ship very well (he still has a job so that proves something) and they will mop up when others start to falter (again). If BDEV gets below £1.20 then I reckon it is a bargain, but with sentiment the way it is, I reckon it might push down towards the RI price of £1. Then it would be a compelling bargain buy.
yes indeedy. LID has maintained sp strength when all others are not. Quality company. 27p by Xmas easily. Fill your boots.
I remain convinced these will rise but just for the moment i am going elsehwere. GKP and MNR offer short term gains beyond LID. But I will be back (knowing my luck just when they hit 27p). See you back here soon.