I was in at 76p and out at 72p not knowing if I had done the right thing but so thankful now. I'm sure it will come good in the end but this has def been a lesson for me on AIM risk reward ratios, damn.
Its not really a windfall though, unless you bought AL. very very cheap
And if it will only be £3 how come the sp keeps rising. Sorry, as I said, really new to this.
Thanks, I thought so. So what would be their best bet to try to get their money back - hold Santander for a while?
If someone bought at say £7 last year then this is really bad news right?
Are you serious! Palm oil has definitely been suffering over time dyor.
That's a very optimistic viewpoint. I don't necessarily disagree with you, but I think that the paper referred to in the article may be the 1st in a long line of backlash. Despite the conclusion, the notion that US and European biofuel companies do not investigate enough before they proceed due to targets has validity.
http://www.iht.com/articles/2008/05/20/healthscience/biofuels.php
North
Now I'm no expert but let's be realistic, this is a big blow to the company. I don't think that there is going to be any £10 shoot north or anything like it. However I think there will be good news on this one long term. All is not lost. For now praha8 is right, it's currently undervalued so will bounce back north at a slow pace prior to positive news.
The question is when and how much by. I'm guessing 40p at the end of the week.
news today
Well done to all still holding in spite of the chaos that is the UK stock markets!!!
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2008) - Sanatana Diamonds Inc. ("Sanatana" or the "Company") (TSX VENTURE:STA)(AIM:SAN) is pleased to announce that the subscription for common shares of the Company by an affiliate of Kennecott Canada Exploration Inc., as previously announced on December 21, 2007, has now been completed. The affiliate, QIT-Fer et Titane Inc., acquired 641,025 common shares at a price of C$1.56 per share. The shares may not be traded on or through the facilities of the TSX Venture Exchange or otherwise in Canada until May 16, 2008. There are 55,006,096 issued and outstanding common shares of Sanatana Diamonds Inc. following the issuance of the above shares.
yoyo
LONDON (Thomson Financial) - Sanatana Diamonds Inc said it will raise 13 mln cad through private placement to fund the exploration of its diamond properties in Northwest Territories, working capital and general corporate purposes. The placing will be led by a syndicate of agents led by Genuity Capital Markets and including J F Mackie & Company Ltd, Haywood Securities Inc and Raymond James Ltd, and will consist of units and flow-through common shares. The offering is expected to close on or before Feb 5, 2008, the company said, adding the agents will be granted an option to purchase up to an additional 15 pct of the number of units and flow-through shares sold to cover over-allotments.
For those of you who are new to this, Azzurri last posted strong sell at 63p! Read into this what you will but for those or you who are new to this please dyor! There were plenty of buys on friday too. Good luck all
Clearly shorting. As I say, everyone's entitled to their own opinion. Guys DYOR.
Thanks Azzurri. I share your concerns for 2008 but I feel that in the medium term this one will rise. In the longer term you may well be right...