Member Info for ShaunBTM

I have gone with this approach myself.

I am c.245k shares at an average of c.65p. Don't really lose sleep over it tbh even if they slash the dividends I am still earning alot of money tax free via my ISA. I think if it drops lower it will be bought out myself but should it go to 0 it will be a fun story to tell ha.

I am with MrG on this - I have c.235k shares at around 66p but for some reason I don't feel stressed about it. It feels like an emotional take down rather than a numerical one. I will probably get to 250k and call it that but I don't lose sleep over the share price.

I bought another 36000 shares with the same mindset - If it blows up in my face so be it

TerryM1

Thanks for the input

I came for the Divi but equally I thought the discount was enough to treat it in hybrid way. I don't plan on trading it but was happy to take a punt having walked away with a decent profit on bats. If I am wrong I am wrong...

Just moved my entire bats holding here - c. 140k ish shares

I wasn't going to add so much but I like the model of this company and Ive jumped from 7000 in passive to 8800 ish with a 28k profit to boot.

Lets hope I havn't been naive haha

Thank you - in that case Ill buy in the ISA and leave it when dealing outside the ISA.

I have just added some from my bats dividends.

Before I add more - I am a bit confused about REITS - if I hold outside my ISA is there dividend payment 20% less? or is my understanding wrong.

Everyone the best moving forward*

It should never have gotten here with a competent set of directors who were interested in their shareholders.

The fact you don't find that shocking says more about the market than myself.

I'm going to peace out - I wish everyone the moving forward.

I sold out a long time ago - I took a 8.5k loss as I felt the risk reward was not in our favour but I am absolutely gobsmacked to see the shareprice where it is at.

There has to be something dodgy - absolute sympathy for people who have had their pants pulled down on this - Crazy!!!

WTF has happened here?!?!

I haven't checked this in many months but this is a complete and utter tragedy. I am in genuine disbelief at where the share price is.

Been on my watchlist a while - bought c3500 shares to test the water. Might top up but we shall how I feel when the dividends come in.

First time poster on this board

I've just topped up - just shy of 3000 shares at £23.10. Hoping to get this to 5000 shares in my ISA

Nah, I don't think I will be back - I am in the market for income so I out the 42.5k to work elsewhere.

I've been very upfront about how I make my living and gold is certainly a great place to be but I am just not convinced there is shareholder value here anymore. When I first bought it, I paid just over 40p on the spike and I ran it down to a average of 12.2p and in that time there has been what 2 placings and 2 lots of borrowing?. The problem is Dan and co get rewarded for a bad job because of their family business - they are not aligned with shareholders which is fine but every time they dilute it swings the risk reward further away from the PI. If they need to dilute again we as PI's run the risk of being bought on the cheap and I think that is a very very real risk here now sadly.

I got out not because I didn't think there was a profit but because I am at the stage in my life where within the next 18 to 24 months I might have enough in passive income to retire with the chunk I just took out. I think within the timeframe The potentially for the wheels to fall off here are very real and if they do stay on the risk/reward is just not worth the aggro. Id rather have the passive income at this moment in time.

I do genuinely wish everyone well, I think Ive owned this share maybe 3.5 years - it didnt work for me but I hope it works for others :)

I decided to sell at a £8500 loss on my c.415k holding.

TBH, I don't have any bad blood, I just don't have any trust in the BOD and I feel its being primed for a hostile takeover through the backdoor by CIG. It might go and multibag and I wish people luck but Id rather take the hit and move on than give more time on something that lets be realistic Dan has messed up on multiple times. Gold is at all time highs yet they need more money - it stinks.

What Anon means is Mr Bitts will get this to 4 pound a share in under 2 months so buybuybuy :P

@Bushy
The channels of advertisement have moved somewhat - social media is where it is at. Its not advertisement in the same way. So when I started the biggest gold and silver channels were around 10k followers and this is only 5 years ago. The odd channel was bigger than that. You are getting channels of 50k plus now for people just talking about precious metals. That doesnt include TikTok and it doesnt include instagram (I dont really use either but I know other new school dealers who do).

What I can say about YouTube from my own personal experience (Im on about 3.5k subs now). My audience has shifted in terms of age, younger people are interested in gold more than ever. The new ways of advertising are geared towards peoples interests on social media. There is clearly a reason why these channels are blowing up.

@Punter
I think that sentiment is already returning. I can only talk from my perspective as a coin dealer but I am finding more and more people are talking about gold - the networks are being filled up with fresh people who are enthusiastic about gold - whether or not that translates from physical to the stock market and even the junior part of the market is another matter.
What has also helped is that even though gold and crypto are on the same team, crypto stole the light until recently. Crypto is now a dirty word but gold has done its job for 5000 years...

@Bonker
That would employ 30M was fair value and 80M is not. The truth is it was probably somewhere in the middle so the actual rise is not as steep in value terms. Its simply catching up to closer to where it should be

13p being paid... not sure it will break 13p today but we shall see.

I think the market is waking up as there has been no bad news with this quarter, couple that with 2000 plus prices it could be a very tasty set of results.