Firering Strategic Minerals: From explorer to producer. Watch the video here.
got to agree marineville on the shorters. Two weeks ago I questioned their ability to drop it below 800p, but now I expect them to do it again and possibly break sub 750p. Time is running out for them in my opinion though
Im back in on a minor stake I can afford to lose as I believe there is a strong chance of an offer
Either myself or smartie will be smiling in the next few days
can see this ending up between 2 and 2.20p today as the slide picks up momentum and investors run for cover trying to protect their gains
If he was doing all this for a legal case he would just carry on banging on the regulators door. hes doing this to stall for time. that can only equate to making a bid. Question is how much is he willing to cough up? is he willing to buy out the existing bond holders in this last window of opportunity before Debenhams takes on another debt pile?
and you have to ask the question of where odey fits into all this?
yeah meta but the question is where is Ashley going with this? he always creates these smoke screens using the press while he tries to engineer a move. the offer he has put forward is b@llocks, but that's not to say he is still not putting together something to retain his stake
meta the other share are like watching paint dry compared to this!
smartie you might wish you hadn't sold haha!
the 2pm deadline is irrelevant. That's sports direct's term. Debenhams terms are if you want the business cough up. the deadline for that is not 2pm today but sports direct will have to make a move or lose 200 million
of course smartie is shorting and hes got his a@se in his hands at the moment along with his sidekicks. he will probably get a short term drop this afternoon but what happens over the next two days is anyones guess.
I will be amazed though if Ashley lets 200 million sail out the window
Lawson; the theory that this is all a ploy to give shareholders a bit back is the most tenuous one ive heard. We have Ashley sitting on a 200 million stake and odey sitting on a significant stake. they couldn't care less about other shareholders but I also think there is no way they will let theirs go either.
Debenhams have laid out a clear term to Ashley: bid and you have to pay back the debt. up to him if he wants to lose 200 million or repay their debt and take the business
Im trying to be conservative with my view on the rise but I can see it moving quickly once it breaches 800p
Will be amazed if it drops as low as 720p, cant see it going by the volumes, but if it does I will be buying
bouncing ball; its more like watching paint dry at the moment! I might be wrong but the way I see this playing out is the shorts are going to keep on until the 795p mark and then it will spike to at least 880 over a few days. just my opinion
smartie; you cant deny that you must be gutted about this one. I sold out at a profit after doubling down at the bottom but seeing the rise today I am!
I have through a negotiated trade and if this pushes through 2p today I’m retiring from the board
Very happy to play with fire. Just bought several bits around the 1.36 mark and I can see this pushing back up to 2. I will make more money today than the whole year!
Smartie I guess all you can do is go more extreme with some nuts idea of share suspension because Debenhams have no problem making the rent payment. Time to pay up Ashley or lose 200 million!
Amazing how one article based on speculation can have share holders hitting the panic button. Good old sky