The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Yup me too. I think the SP has over reacted to an event we knew was coming anyway. I also reckon that there will not be as many flippers as some expect on our newly expanded register. Time will tell of course...exciting and nervous times!!
Ahh Inwas at the cinema this afternoon and missed this action! Open offer is a bit small...I was hoping they would offer existing pi’s a bit more on that front. Looks like I will just have to try and add some more tomorrow now that we have the funding out in the open. Amazed that this dropped so much on the news that we look like we are raising the money to build the mine...once the placing is done I can only see this going one way and it’s not below 70p that’s for sure!
Another G+ product launched...at some point Mr Market is going I catch on to this product and realise that Directa are starting to build up some a serious head of steam on this front!
These guys are a key customer now...another 700k order! Strong validation of G+ and hopefully now we will start to see more of these RNS coming along soon....
Ahh I get yer point Ice...there was no such para on the NextView stuff. But as I said I saw one on the UKOG announcement yesterday so I still don’t think it’s of any real significance. Maybe related to closed periods for the Directors or something like that?
Ice...you will see that statement on all RNS relating to funding. For example UKOG had a similar statement on their fund raise RNS yesterday. It doesn’t have any significance apart from the obvious that it’s stating the info on the progression of the fund raise was inside info and now its public...which of course is blatantly obvious because it’s on an RNS. Good to see the SP recover here and it feels like we are on the cusp of getting substantial news on funding at last...
Yes nice to see them adding even more although the contrarian in me would suggest that having almost a quarter of the company held by one asset manager might put us somewhat at their beck and call. Also if they turn bearish the impact on them unwinding their position will be horrific. Anyway let’s look at the glass half full view and take this as further evidence of institutional backing of the BoD, the company and direction of travel!
Too true Nuri. Left this long time ago (nursing heavy losses even then) but followed it on and off since. Not sure there will be too many coming on here to apologise for the relentless abuse you received when trying to highlight exactly what has just happened but hey that’s the way of these BB’s.
Finally we are back! I had written Stratmin off and doubted we would ever resurface but hey life is full of surprises!
Not sure on the NEX only listing and price discovery will be interesting for the initial period at lest but honestly I don't overly care at this moment in time, I'm just delighted that Brett has finally managed to re-list..OK a good bit underneath my old Stratmin average but I wasn't too deep in here and also considering this was sitting on the books as a 100% loss I'm not gonna complain too much ;-)
The plans and potential sounds pretty impressive but I've only briefly read Align's analysis....more than happy to let this roll and if they do manage to emulate Gold Road Resources then we really will be happy!
Anyway welcome back folks and I'm delighted for the likes of Quindell and Arminius as I know you will have had a long and difficult road on this one!
80p to buy? This feels like there is some knowledge around re the price agreed for the equity funding element...I’m tempted at any price below 80p but really shouldn’t add more exposure here and it feels like a dangerous time to be adding with the recent slide. That said they say fortune favours the brave... Honestly I’m just wanting this period to be over so we can start focussing on the good stuff like actually building the plant!
I’m with you Trek. Similar averages as well on both. VRS got a big jump on news of them being in the NGA yet here was have a tiny tick up. It also looks like we are progressing very well in moving to commercialisation and I’m particularly excited about the tyre news as this market is a tough one to crack but with huge rewards. That said I’m primarily invested here on the back of the textile applications where again Directa appear to be making significant and meaningful progress. I’m amazed we ha e not seen the VRS excitement at least partially leaking over here as I feel both have very strong positions in their respective areas. I’m unsure of that means VRS is a big bubble or Directa way under valued / appreciated. Answer probably in the middle I suppose but either way I’m holding both and holding tight for some time yet as this story is only just starting.
Well the rise has been pretty steady so far! Not quite sure how far it will go but as I have this as a buy n hold I’m not overly ‘concerned’...will happily take a few more days of 2% rises though ;-)
Odd indeed but we certainly ain’t gonna complain about it! Not sure why it dipped to the 120’s in the first place right enough (again no complaints from me, gave me my entry!) and now getting close to November’s all time high again. Maybe the II’s have done flipping and we can all settle down for a nice long run up in the SP?
I don’t think anyone is confused and the ‘mm games’ stuff is just smoke and mirrors. What today shows is that the market wants and needs a successful flow test. There has been far too many false dawns for CASP to jump big time on today’s RNS. We already knew there was oil intervals in 801. We know there is oil in A5 and most probably A6 as well...what we don’t know is if they will ever test a well successfully no matter bring one to production. Once we do complete a proper test and maybe then update the reserves then I’m sure this will fly (hence why I’m still here) but today is not about the wider market or games it’s all about ‘i’ll believe it when I see it Clive’. Still 8% or so is still better than nothing and at least gets us back up in double figures (just!)....
To answer your last part it’s often because someone has invested based on what the BoD have said and ‘promised’ in multiple RNS...quite often the truth is somewhat different and therefore a holder can be rather critical of how the company has been run. Shareholders are allowed to disagree with the management of a company they hold. And before you ask no it’s not just a question of ‘if you don’t like it get out’ (and at a whacking loss).. We own a part of the company and we are therefore entitled to put forward our view on how it should be run (in the belief that this will benefit the value of my shareholding). Everyone here will be under water and the vast majority would prefer some candor as to the financials behind the company....it’s the least a management should do and in not doing so opens them up to fair criticism. Hope that helps ;-)
Nail on the head Electro. The company clearly stated they were going to invest in their staff numbers to build the company into one that was capabale of delivering large scale projects. The 2017 fund raise was explicitly for that purpose. Although no one can deny sales throughout has been slower than expected it is Gen3 that is the main product that is designed to deliver the margin and with that now slated for a formal H2 launch now is not the time to be giving up on RedT.
This can only be good news...collaboration with a company that makes 6m pairs of jeans a year! At some point these collaborations will turn into commercial agreements so the time to buy is now. DCTA seems to be very strong in the garments area and I see it as a complimentary fit to VRS. Exciting times over the next few years for graphene and DCTA seems very well placed to be in the vanguard of its commercial breakout.
Starting gun has been fired! I’m anticipating finding annociment soon now that there is a September date being floated...it’s been a long wait and I’m sure we are all a touch nervous as the price of the share issue but once that’s cleared the only way will be up!