Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So sorry, I meant EQT since the primarybid offer! I added the ticker after I put EAU at the bottom and muddled it up. The first part is about EQT not EUA.
@yellowf1 - "It’s concerning that people don’t see this as a great investment at this relatively low price."
Maybe just tell the people what made you see the light and they might see it too? (Remeber, not long ago 11p or even 9p was your target!)
I did hold EUA from their PrimarBid offer until mid Nov and sold (just before the rise) to get into ARB to have some bitcoin exposure. I like EUAs ability to handle general waste but I was concerned about the time they would take to develop new projects (AFC / PHE more scaleable business models imho) and given their technology appeared to be more established than PHE / AFC and less 'sexy' (plastic > hydrogen > power and water) I was never really passionate. Same with; ITM, CWR, SAE, SYM. All of which I held and sold without any meaningful profits. If I'm not interested by the tech (industry, problem, solution) then I'm not going to actively keep on top of the forums, RNSs, etc to know what's going on. EUA I still hold, they are 'green' (metals to help purify the worlds emmissions) but its also very technical data, so if they were not about to be sold (tbc) I would probably move on.
Ps. I hold a few other stocks just not in my ISA.
@Lovejoy22 - honestly, I've no idea, this is not my day job! I tend to jump in if I read about something in an interesting space or related (eg. BLU), has a comparatively low Mcap, solves a big problem or is riding the early wave of acceptance. By 'jumping in' early I then have bought myself a little time to do research and have skin in the game to see if I "get it". If I'm not sure then I'll jump ship if I've found something else in the interim or I might move back if other stocks I hold appear to be moving. I try to be knowledgeable about the stocks I hold, hence I don't hold many different stocks and I question and respect people a lot more knowledgeable than myself. LTHs will attest to the fact I'm not the most knowledgable, but I do ask questions :) I guess I also have the patience to hold and to double down (I have bought shares on a credit card and remortgaged to buy shares I'm confident in!). In Dec (after 5 years investing) I became an AIM ISA millionaire based on AFC and PHE. Now I've slightly diversified my ISA and hold one other stock! I tend to buy and hold, but that's because I'm happy with the stocks I hold :) I hope that's interesting or helpful.
I did back in early Dec it's been a wild ride since! That's at least one stock that didn't take years of patience and stress :)
Agreed, the sector has done very well and I've enjoyed the ride with AFC. As you say PHE is probably still undervalued comparative to peers it's just that it appears to move much faster and more aggressively - up and down - and not always in sync with the sectors more consistent rise!
Thanks Lovejoy22 - there have been many a sleepless night! The history of the company was real rollercoaster with Linc Energy going bust (key backer was the 'owner 'Peter Bond), suspension, trolls, loss of Nomad, DMG sipped back and forth the Aus etc! Paul Warwick is a 'ledgend' who invested £1m at 0.5p and still holds virtually all of them. He had real balls of steel!!
@Maulvorn - In PHE alone I'm up as much as that the house I live in, including the mortgage! I moved £50k today and that cost me about £2.6k last December which is all a bit surreal, but it's all paper money so a bit removed from reality. That said, I really want the DMG to deliver and start cleaning up the planet, at that point I'd feel it's money well earnt.
I've been in here for 5+ years and I still find PHE hard / impossible to read. The 20% swing today being a perfect example. I guess it doesn't help that in Dec 2019 I bought 356,499 shares for £1000 (0.28p) and I find this new price range hard to believe; even the company can't explain the recent move :)
Morning All, assuming we will only hear about an offer when it is accepted will the shares go into suspension immediately?
I ask as I'd like to move my holding into a SIPP / ISA.
Thanks,
SB
here's another HW video to enjoy - https://vimeo.com/379990422
MMs = Market Makers
https://www.sharesmagazine.co.uk/article/why-are-aim-stocks-so-volatile-and-what-role-do-market-makers-play
A baptism of fire for 2021!
Look at the late trades from yesterday and take confidence from the size of some of those buys (2x c£100k).
Not a stock for the feight hearted and almost impossible to predict.
GLALH
Good to hear, thanks for the input.
In reality, like most things, there are probably loop holes. Eitherway, it shouldn't affect the offer price it would just be a saving for the buyer.
The longer the negotiations and no news the greater the SP drop and opportunity for the bidder to buy stock on the open market at a reduced price comparative to the bid offer. This could save them 10s of millions. It's what I would do if I were a serious bidder, why no!?
Re. disclosure of 3% ownership, maybe they wouldn't as it's strategic or they're from Russia/ China and don't wish to comply.
Thanks TheeDuke.
@Pablo78 - I think the logic is that demand = higher Stellar price and with demand comes the likelyhood of greater transacting via satoshipay.
Appologies if already posted - this Argo review is from a US analyst that I've not seen before:
https://youtu.be/OaqTbvHvlwI
(working link this time :)
Appologies if already posted - this Argo review is from a US analyst that I've not seen before:
ttps://youtu.be/OaqTbvHvlwI
Excuse my ignorance, we have stake in Stellar (XLM) but do the other Stellar cryptos (Stellar Coin, Gold, Pay) have any implication for us?