Member Info for sundancer

Yesterday's closing price was 136.8p. As mentioned, I won't be surprised if we actually close higher than yesterday. :)

The RNS did say that Primarybid.com will closed once fully subscribed. Only €8m worth of shares were made available for retail investors.

Don't be surprised if we actually close higher than yesterday, once the market absorbs and fully understands the impact of this deal!

Because short term investors will sell if they are not interested. They can go ahead and move their funds to oil, perhaps.

Long term investors know the demand for cobalt is going to explode and this is driven by law, in Europe, USA, UK, etc.

EdGasket, if the rights issue is for APF to survive, then I would agree with you. This request is to enhance APF profit for a lot of future growth, which are immediately contributing to earnings. APF already sold iron ore to raise funds and minimise dilution and lots were questioning the move then. APF just need a bit more to top off the total needed for this investment.

I reckon the strategy could be to raise fund and plonk more into nickel. Trust JT to make the right moves.

https://www.metalbulletin.com/Article/3974472/base-metals/MORNING-VIEW-Copper-nickel-prices-reach-fresh-multi-year-highs-others-upbeat.html

Cheers for the update.

I wonder exactly what did Treger say. Couldn't find a recording of the webinar online. Share price seems to be perking up a bit today.

is the ex-div today or tomorrow? i'm long term here but lost track of the dates.

Not directly but I believe a partner, Mammoth Biosciences, is going to produce a 5-minute CRISPR-based test strip for coronavirus.

https://www.sciencemag.org/news/2020/03/standard-coronavirus-test-if-available-works-well-can-new-diagnostics-help-pandemic

1. How is Covid-19 going to impact revenue streams for the next 1 year?

2. Are dividend payments secured?

I don't think Treger should look at spending anymore until there is clarity on how this virus situation will pan out on finances, any impact on existing dividend, etc. over the next 3 to 6 months. People are staying home and economic activity has basically been completely frozen. China reported auto sales are down 80% due to coronavirus fears - these are early indicators on what's coming ahead for the rest of the world, since China was first to deal with the virus.

I had a sell order at 175p, didn't expect it to be triggered but it did, today. Out of this for now. Good luck to anybody still invested.

there's been some momentum here lately. perhaps some good news in the coming trading update.

I think Mr.Walsh probably missed out on the fact that his suggestion is already highly likely an option the government weighted. To me, it seems obvious the consortium was willing to let FlyBe collapse(after already investing £100m just a few months ago), unless the government stepped in. So, the government is more interested in keeping FlyBe alive than the owners.

Former Stobart Boss Tinkler Dumps Stake in Company
By Reuters
Jan. 14, 2020
Updated 11:45 a.m. ET

(Reuters) - Former boss and the fifth-largest shareholder of Stobart Group Ltd Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing on Tuesday.

The stake sale would have fetched roughly 21 million pounds ($27.29 million), according to Reuters calculations based on the mid-point of the stock's spread on Jan. 13.

Shares in the company hit session lows following the announcement. They were down 2.1% at 104 pence on the London Stock Exchange, as of 1519 GMT.

Tinkler was involved in a lengthy legal battle with Stobart in 2018 after he was sacked for alleged breach of contract and fiduciary duty but remained as a shareholder.

He had offered to raise his funding for Eddie Stobart Logistics Plc, a former unit of the Stobart Group, last year before the haulier voted in favour of a takeover from top investor DBAY Advisors instead.

Tinkler, who previously served as the chairman of Eddie Stobart, still owns a 6.51% stake in the haulier, according to Refinitiv Eikon data.

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TVFB, an investment vehicle run by Tinkler, was not immediately available for a comment.

I'm happy that they are taking the uncertainty out of cashflow by suspending the dividend. Good move, Brady.

At 125p with a shares in issue of 375m, the company was worth £468m. Cutting dividends conserve £22m per annum. Percentage of impact: 4.6%

Until Stobart is on more stable ground, this is the right way forward to grow a business.

I don't think we'll see a rebound until closer towards the end of the year which is when I expect gold to drop to USD$1380 an ounce, before bouncing back. I could be wrong.

wow, nice to see APF looking like it may break past resistance. glad i bought in again at 185p and topped up at 190p. it pays to buy in while trending up instead of catching a falling knife.

GLA

volcano, nawwww...you didn't sell your entire holding, did you??? i've made that mistake before, of selling everything at around 185p for APF when it shot all the way to the 220p range. average price bought was 100p to 120p.

we are trading in close range of the last closing high for STOB, at around 126p. if we close above 126p or 127p today, hold on to every STOB share you've got, but i'm guessing you know that already! i reckon by the october results announcement for STOB, we could be well above 150p if the speculation from aviation business continues to prevail.

nevertheless, it is never wrong to cash in a profit! a sell order of mine was fulfilled yesterday, at 126.2p.

STOB still holds 44,694,812 shares of ESL, or 11.782% of issued shares. Multiply that by 70p(ESL's last closing price), it amounts to approximately £31.2m risk to STOB's balance sheet, at the most, and that is only IF Eddie Stobart folds entirely tomorrow.

A little reminder that STOB also took time out, a 2 week delay in their last update, to finish off accounting. For us, it's a £31.2m concern.