Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Its a trend i've witnessed in many stocks currently Hamm. The market reacts to any news only to realise that nothing major has changed the direction of progress. This is a very minor setback if you can call it that. There is no doubt this will back to 6+ in a matter of days if not sooner.
This is yet another bearaucratic delay to obtain the necessary certification and approval of the exploration area.
It doesnt mean that progress will stop and have hit a brick wall.
This is going to bounce back and preety rapidly.
Gosh!!!
All this hype about a piece of paper waiting to be signed.
Cant imagine what would happen if PM actually started drilling and bingo oil actually flowing. There's lots more in the tank.
Few more days and all will be revealed.
ATB
So even though the buy values are higher than the sells the sp still goes south . Is that what you are saying john or have I got it wrong??
The only difference is when you come to sell them.
Each platform/broker will follow their own set of rules.
I think you are right Oracle.
I also don't think HL would not be able to hold shares on someone's behalf in their nominee account.
I would try transferring your holding to SAXO . But speak to them first as I do believe they are a good option IMHO.
Hope that helps
Well my understanding is that if your shares were held in CREST and the company gets delisted than they apply on your behalf for paper certs and these are than held by them. If and when you want to sell these they ask you to contact a broker which they will forward the certs to once you deal. You will be able to receive dividends as normal within your portfolio if they are held in the nominee account .
You can sell your paper certificates if your platform/broker holds them on your behalf in their nominee account.
Mine does.
I meant to say that there are more discussions that need to be completed and any thing that needs to be clarified further in IOM is now getting finalized.Hence the delay in RNS. Nothing sinister or problematic. Like you said this all takes time.
ATB
@dozzawba
I am beginning to think that the IOM meeting seems to have thrown a spanner . There are more deep seated issues to be resolved .hence delays in RNS . I am not entirely sure though to be honest
Folks!!
Lets be honest. We are all here to make some dough.
I've said this before and I'll say it again.
No amount of ramping ,deramping name calling or anything else for that matter is going to make the slightest difference to the SP. It's all in the mind.
Make good informative and intellectual comments in your posts and let others benifit and share your knowledge.
ATB
@C and C.
I fully understand the point you are making. The issue is most here have bought this circa 3- 3.5 p .
Now if the return is not brilliant but better than the current sp what have they got to lose??
Most are sitting on a profit margin and if they cant see any progress or any further indication of movement in the right direction than they might jump the ride. Until than this is looking very interesting as an investment with all the moves in the background.
The big question is not if many are in profit and could walk away but the upside and the potential of this very soon.
It would be a foolish move and a massive error of judgement to drop this one now IMHO.
But ultimately some will sell as they are getting bored due to lack of news from the BOD.