Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
OCTP going off AIM. I can see a lot of these shxty little companies doing the same thing. They should be made to buy out the PI's at a premium, then they wouldn't do it. Can't see why anyone would risk investing their hard earned money in AIM company anymore. They just keep on getting shafting the small investor.
This appears to be a well run company, without all the rampers and de-rampers . Long may it last π
You must be mad. You are wasting your money. The administrators will be appointed shortly when they finally run out of other people's money. It's pointless buying any shares now. There will be nothing left for the shareholders.
Real sorry for your loss, Rover.
Is is mega difficult to sell when you are under water. Psychologically is goes against your inner thoughts about losing money.
Whatever you have in your portfolio, you have to view it as Monopoly money , ie not real money, That way it doesn't feel real and you sleep at night . Join sharepickers.co.uk, with Justin Waite from vox mkts , loads of good ideas in small shares
Creditors will get anything left around, including the 16mill.
They are saying even if the asset is sold there will be nothing left for shareholders.
So much for the nice 3 cornerstones that will look after the other small investors ππ,
Wouldn't be surprised to see Glencore pick up the mine for peanuts. π₯π₯
Problem is that it looks suspicious when you CFO leaves with immediate effect .
Do you believe the last update or has some shxx hit the fan .
Difficult to judge without any more info .
Does anyone know when the next TU or business announcement will be ?
I will ignore the insults but all I will say is time will tell who is right here.
I never said the price wouldn't go up , all I said was that the placing price would be around the prevailing price at the time of the announcement.
For Rover and Mv`s sake I do hope the price goes up . They are both nice guys .π
At the moment you need to be be gold , silver and platinum, I am making loads in those companies and etf`s.
Time will tell β , the clock is ticking β³β°
chess, i have bought and sold a lot of aim stocks and i still have a some now.
you take your profits when they rise and cut them if they dip. i have about 10-15% in small stocks , the rest in large stocks , trusts , etf`s and funds and i monitor them like a hawk.
as soon as hzm announced a short fall in money needed then i would have ditched them and anyone experienced in aim stocks should have done the same. you have to be prepared to lose money and hopefully the number that rise out way the number that fall. currently aim is **** at the moment and has been for the last 2 years, but it will change in due course,.
the problem is you have to be in to win.
Lawrence, why are you such a horrible person and resort to insulting anyone that has a different opinion to you.
If I had shares at 2p which I paid over 100p for I would be quite humble about what I said about other people's opinion.
I would know that I would need to know a lot more about investing in high risk shares.
Did you not learn anything from your losses in HZM.π€π€
If there was any serious uplift likely with this share then the professional speculators would be buying hand over fist.
Instead , we have a shorting company owing 0.5% of the shares who think there is more downside.
That tells you a story π€
I suspect the banks have the whip hand here which is why the market cap is so low and hence the share price.
I think the share price is telling you that there won't be much left if anything , after the asset sale as the banks wil take all the monies. I don't think they will get anything like the full value for the mine. Companies never do when it's a distressed sale.
If a deal is on then the share price may rise before any announcement. In that way the placing price may be higher.
Time will tell who is right here but historical evidence says the placing is generally around the prevailing shareprice.