BT shares have collapsed -85% this century and shareholders are obviously desperate for anything that might help to regain their pride and cash -- no matter how spurious.
The reality is, state theft of private companies by extremist communist regimes never ends well. For example, Venezuela stole US oil companies in 2010 and they are pretty much all bankrupt in 2019.
Any whiff that Corbyn is nearing No.10 will send BT shares down under £1 in a flash.
The scenario of Albert Steptoe and his undisciplined mob of overpromoted polytechnic students running advanced fibre for 70 million people simply does not bear thinking about. You're looking at red unions controlling your Internet, endless strikes, and blackouts.
Thankfully, Boris is now polling almost half the national vote, so commie Corbyn's reckless egomania can do no damage. With luck, Corbyn will be resigned and gone by this time next month.
Hitler himself said, in a written speech, confirmed by the prestigious Royal Institute of International Affairs, in 1941, that “basically National Socialism and Marxism are the same”. Straight from the horse's mouth. The top guy. At the absolute peak of his power. Nazis were leftwing.
SXX owes $500m, needs another $3.5b, and only has $100m left.
It is ~2 minutes to midnight on the bankruptcy clock.
With a global recession on the horizon, another decade of Brexit hysteria ahead, a mis-planned tunnel, NIMBY locals, disinterested government, junk-level debt, failed finance negotiations, and wildly overestimated polyhalite demand, the outlook for SXX is very bleak now.
The old "speaking to big investors (honest)" trick has kicked the can down the road for a bit. But you can't buck the market. It knows every miner is always "talking to strategic investors".
The 3 Ds remain in place here. You're gonna see massive debt, dilution, or death.
EVR has collapsed -50% in a year of soaring +20% Dow! It doesn't get any more bearish than that. Any slide in the Dow will spell disaster for the EVR shareprice in the coming ~4 months of no-dividend payments.
There are 80,000 PIs... If you each grab 1 shovel, and dig 1 metre per person per day, in nonstop 24hr shifts, 7 days a week, you will be able to complete a 37km, 10x10ft tunnel in under 3 months. Three months! No pay, but free cups of Yorkshire tea will be available.
Think you will agree, this is a good way forward ;-)
As predicted, this has smashed through the 375p support-line. Now ready to test the 350p level. Any close below that level will signal the next push into the 2s.
With the ongoing steel downcycle, iron-ore downcycle, international trade wars, Brexit chaos, GBP yo-yoing all over the place, unpredictable Russia, upcoming global recession, recent weak company results, massive extra capex spending by management, no dividend for months, and a shareprice that has already collapsed -50% in just a few weeks, there are so many red lights flashing here.
The charts are now pointing to 50-100p as the bottom. The bear-trend is very strong here.
RE: Leaky Leaky ....RNS on Monday ?10 Nov 2019 16:43
Looks like ANIC is gonna get slammed with massive dilution! The Board have been watching Wolf of Wall Street over the weekend, lol. The charts suggest this is headed for the 2-3p range as the next stop.
The company obviously tried to pump the shareprice up above 0.6p, so they could dump a ton of warrants on the open market. But everyone soldup before it poked through the 0.6p ceiling, lol. This will crash back down toward 0.2p next week, and then they'll release another press-release before Xmas to see if they can hype it above that 0.6p level and trigger a warrant payday.