Member Info for Seanxoxox

For nine months to last November profit was at $3 mil (so probably close to £3 mil for the year). This was 20% increase despite C19 disruption. They had £6 mil in cash (again a substantial increase on previous year). They 've been winning new contracts at a rate of around one a month. They're in at least one hot sector. So maybe not so pricey. That said, I think this might retrace (question is, how far?)

Many thx for usefulf info.

VAST would need 75% shareholder approval. Many things worry me about VAST but this isn't one of them.

What are factors that could lead to involuntary delisitng?
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I'm not sure why you think VAST might delist or where this idea comes from. If they delist they can't issue more shares.

Usually consolidation leads to sp decline because it is seen as (and frequently is) prelude to a raise. Of course, with a profitable mine and secured bank debt, VAST won't need any more raises (that's sarcasm, in case you missed it).

I somehow doubt the FCA will prioritise my complaint. But thx for the suggestion :)

Seanxoxox: you have correctly identified that brokers involved in placings will inform their customers about said placings, yes.
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I'm suggesting that said customers were told about said placing significantly ahead of when the mkt was told. Isn't that why the sp dropped? Isn't is standard practice for said customers to forward sell their shares? Even though said standard practice is illegal? Or am I being naive even referring to it.? Not looking for an argument.

Clients of brokers who are then forewarned about the next placing?
Not AP's 'mates,' then. Still, if I were in their position I'd be putting him on my Christmas card list...

Question...who gets access to buy the placing shares?
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Often wondered that myself. I guess Andrea has a lot of mates (just not on this bulletin board!)

Brooko's right.
Miagi is desperate to tell everyone what a smart investor he is but all his posts demonstrate that he's a t w a t.
Unlike M., experienced investors don't generally throw their toys out the pram and blame everyone else the moment a trade goes against them. Unlike M. they're not desperate for approbation on anonymous bulletin boards.
Shame Miagi's spoilt this bb with his childish rants...

Sean, can't be bothered with you, sorry.
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Oh, my breaking heart.
Reality is you panicked and sold at the bottom. Keep eating you heart out, pal.

And if you can't see that a bigger raise is better than a smaller one, at this stage, well then you're new to this game.
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Sigh. How much will SO4 raise?
It is expected that a further equity fundraising will be required to satisfy the cost to complete condition
That's how much.
As to SO4 owing you? WTF???

And when it comes to the placing size, I'd rather see more than less. I want to see enough raised so that shareholders can be da m sure it's not going to happen again before March 2021
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But why you would care when you've sold out and presumably wouldn't buy back into a co. run by a 'POS' like Tony. I mean you've seemingly spent the last 24 hours being rude to shareholders so I guess you're not too worried for their sake. Oh, I get it: you want to see a large fundraise so shareholders get diluted and you get to feel better about having sold out cheap. What a lovely guy.

JW is a free source of information and ideas. That's all. No one's obligated to act on what he says. And he isn't obligated to tell anyone when he sells. He isn't your financial adviser.

Hopefully Tony won't leave us all in the dark for too long. Maybe a podcast today?

RNS 07/09/20 predicts a 'surplus per tonne' of $1488 for this quarter at cu. price of $,6,655. Copper is now about $700 north of this. I assume this increases cashflow for the quarter by around 50%. So, projected $418k will be over $600k. In addition, co. has reported to be 'in line to exceed production.' Anyone guestimate when VAST might be profitable at co. level? Thx.

B3NTL3Y: Very interesting to read your figures. I believe cu touched five year highs yesterday at around $7300. If it can get past that, then prior highs were at the beginning of 2011, close to $10,000. That would be fun.

Thought this was interesting.
https://www.electrichybridvehicletechnology.com/news/electrification-strategies/volkswagen-to-create-an-electric-vehicle-island-in-greece.html
The revolution is upon us...

SO4 hasn't been WHE for five years... different directors, different assets, different jurisdiction... leopards don't change their spots, but this is a different leopard.

As per interim statement Sept 19, co. had anticipated reaching b/e in Q1 2020. They also anticipated having installed 1000 headsets by year end 2020. They can hardly be faulted for failing to anticipate covid. Yesteray's RNS seemed extremely positive. Bodes well for a better 2021.