The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
MarkSidley only pops up on here when a placing/consolidation is iminent.
He's ramping the poop out of it.
Wait! What?
You've been sl4gging Vast off for weeks saying how poor an investment it is and how bad the management are and now you announce you've bought 10 grands worth.
You've changed your tune (rolleyes)
I see they've woken up.
Started brighly but fizzled out and now red. Shorters now at their desks I guess.
atg, exciting you say?
I'd say tiresome :(
Has an AIM share been so nailed on to multi-bag as this share.
And I've seen a fair few in my time.
You just know this is good news when out of nowhere all the trolls and de-rampers suddenly appear.
LMAO, the trolls and de-rampers are worried sick. Just read the last half dozen posts.
Hilarious!
Trahar seems to have vanished into thin air. No tweets, updates, interviews.......NADA! ZILCH!
Wonder what's REALLY going on?
"Is this worth a punt ?"
Lol. yes if you like losing money.
Come on fella, we've been waiting long enough!
Give us the long overdue, promised update ffs! Failing that, a buyout RNS will suffice.
Going bust with this toxic, untrusted, ridiculed BoD
Get out while you can with at least a bit of dough. That's what I did on Monday.
So, on current net assets alone, we reach a share price of £2.46
Let that sink in for any doubters as to the value here.
I might add, that with a fresh, new, competent BoD this could be a success story. However, can't see the current shambolic BoD giving up their personal cash cow any time soon.
Would you?
If you can't see the red flags now, you never will. I've seen this type of AIM lifestyle company before with AAOG and it didn't end well.
Directors only interested in feathering their own beds. This is a bottomless moneypit.
Finally had enough of this moneypit. Sold at a £320 loss so not too bad. I have lost all trust in the BoD and just wanted out with my shirt still on my back. Sold at 0.1p after buying in at 0.17p last year. Just wished I'd have sold at 0.27p.
Good luck for remaining holders but too many red flags with Vast now and it seems that a death spiral has begun. Oh, and the diamonds lol, don't get me started on "the diamonds".
My advice - get out while you can before Prelea and Co. come knocking for even more of your hard earned.
It mildly amuses me when people talk about the sky high price of iron ore. It doesn't affect Zioc sp one iota because we do not produce anything (apart from can-kicking RNS's and numerous studies). If we were bringing the ore out of the ground then it would be very material, but we ain't any time soon.
My fear is that if we don't cut a deal now at these sky high prices, then once the cycle changes and ore price drops we are mothballed again for another 5 or 10 years. Surely, SURELY this isn't what the BoD want. Any reasonable deal makes all of them multimillionaires.
I've said it a few times now - it's 2021 or bust for Zioc.
He said he would update "shortly" but this was 4 weeks ago now.
Hmmm.........I just hope and pray that the delay is caused by something very material that is in play.
Mitch, it was me who got the reply from AT. He said that he is unable to talk about the "most impactful work they are doing" and he was very frustrated at not being able to share with shareholders. Said he understood our frustrations as shareholders. Said the re-costing exercise was continuing to schedule.
Indeed! Just need to look at Tullow which is currently being re-rated after languishing for ages in the 20's. Now 42p and rising (yeah, wish I'd bought some).
So, time does wonderful things, be patient and our day in the sun will come soon. This is one of, if not the most, biggest bargains on LSE.
NewKOTB
oK, so let's combine Simon and your ideas together.......
16p special dividend and 1 Glen share for every 5 Zioc.
There!!! Who needs brokers?