Thanks Alex, I’ve read a number of similar articles but they still don’t state selling out of Micros, looks like they like the differing strategies of each company. Maybe they have just been taking out any higher risk of general clear out of non performers. I’m actually asking this in relation tonSavp, where Miton are largest shareholder.
Hello, A question on Miton, I have seen a few conversations about Miton selling down on small caps due to the merger. Is there any such statement by Miton ? I wondered if you knew, or anyone else for that matter. I stupidly asked this question on the RBD bb and got greeted by pitchforks and blood hounds!
the question wasn’t related to RBD, I never said it was, it’s not just been mentioned here, but on several sites. I know it was talked about on here. If you don’t know the answer perhaps it’s better you go butter your toast?
Read the question again, your firing blanks, I’m quite aware of the Merger, it’s Mitons policy of selling out of small caps, it has been stated on a few bbs and they have on a number of shares, however I can’t find anything concrete relating to this policy.
BWM, Given your reluctance to accept anything positive and work anything to “your” negatives, what would you call that? And why should anyone take or accept your point of view? Are you qualified to give advice? We all can read these sites, twitter etc, but none of it matters, only the RNS, CB is on these sites a throwaway term, which in actual fact became popular to those day trading, indices:forex etc where rules and emotion are very important. On these sites it’s often a nice long word for the uneducated.
BMD states they will need to raise in next few months, a few months takes us to the end of the drilling campaign where the plan is to raise the money for FOIL, of course this was to be from reserve based debt but there could be some equity needed now given recent turmoil. They will only get to raise equity if they are successful with the drill, so that’s fine by me!
It bugs me when people throw this term around, just because they have read a book on trading. I’ve read many of BBN posts, and he really doesn’t do that at all, if you actually understand what it means. With companies/drills like this we never have all the information, otherwise this game would be easy. BBN is only commenting on known facts, which at this point in time is oil production from Lib:Ser is still very much a reality, doesn’t mean it will happen but has just as much COS as Aim peers. At this SP the risk/reward is worth it in my mind and have acted accordingly.
RE: Parta as big as West Newton........10 Oct 2019 19:27
DeniaP, We didn’t exactly hit it off when I joined this bb, however I would urge you to carry on and say what you think. I bet many others do. I don’t see the point in these bbs becoming happy clapping propaganda machines - of course some who have now come over here have a clear agenda.
Although we jest, they are using these couple of shares and a few others to totally control the SP. From the start of September till now they have managed the book, with a brief uplift to 26p when results were due. Annoying as i think we would be 28/30 now given some of the buying we have had.
Why don’t we just wait till Monday, a government official is on record saying Prem have it, nothing’s certain but as Eyeguy says the risk/reward is worth it. I have a small holding from 0.043 so am comfortable watching this out.