focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Saudis have slashed the discount on their oil . Explains the rise in oil
All of my portfolio shares have just gone green , don’t know what’s going on
It’s been depressing watching it slowly drift down ! Considering most countries are opening up , (Germany even opening bars and restaurants ) you would think it would cine a kick up the ass .
This sell off by PI is pathetic !! Trading scraps of a couple of pence here and there , no bottle what so ever . Oil is climbing steadily along with the rising demand but tlw will never rise with it as long as amateur traders are killing it . F off!!!
Canada opening up 50% of bars and restaurants from may 14ty . Can’t find anything on cinemas though
What’s going on here at pmo ? Just skimmed through rns , are they having a rights issue ?
A rights issue will dilute shareholders but it all depends on the price they get. A higher SP is better as they can raise more money and dilute less . A low . The restaurant group raised equity 2 weeks ago , SP was 60p and they got a price of 58.5p .. The SP hovers between 50-60p now but shareholders were diluted 20% which isn’t to bad .
Sirius minerals raised equity when the SP was 30p , they got it at 20p and diluted shareholders 50%, it was a disaster.
Either way I wouldn’t want to be in a share that dilutes it’s shareholders as the road to recovery is king and sometimes never reached
Dirty trick
This is a trade share now
What’s hold this up ? My 4 other investments are flying , cine , tullow , new river and carnival . Not a good sign this !!
Sirius was a ftse 250 company . Shareholders were shafted and the board got jobs at Anglo America . My point is when a company is in trouble all loyalty goes out the window . People take what they can get .
Not only is tlw now a penny stock it is behaving an Aim company .
Only a fool would become emotionally involved in a stock
A takeover would only benefit ppl who’ve invested here over the last month . Most are LTH who bought In way higher than current SP . Most have average down but are still way off profit or even breaking even . A takeover is normally 40-60% higher than current SP but there are ways to bring the SP down to get it cheaper for the buyer . Sometimes with the help off the BOD from the seller . That’s what happened with Sirius minerals .
Business is a shady world and everyone is in it for themselves. If you have profit , take it ffs
Atm this share is just being used to pump and dump . It won’t settle and rise until there is news from the company or a date for to re open . And if it doesn’t re open within a few months then equity will be raised resulting in dilution or it will go bust . Cine looks attractive as it’s a +4 bagger if it returns to previous levels but that’s the question, can it return there ?
I’m not optimistic
I’ve been in and out of this share for a month now and have been waiting for 30p to re-enter then hold . But now with news coming out pubs won’t re open till next year means marstons is in trouble , big trouble . A rights issue or public offering is looking a a cert , the SP won’t get back to previous levels with dilution. Gunna keep my powder dry for now