Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
JD sales were positive through the recession. It is not a typical fashion retailer. People buy the latest trainers before food these days. Just the way of the world. Look at Nike sales. Can’t compare to others in UK it is unique.
Hoping the news comes quick albeit 7 weeks for DLA is nothing in a deal of this size. I used them in my day job a few years ago and it could take as much as 3 months to do a simple commercial lease agreement, never mind this scale. I too am part of the fear and impatient squad!
Its painful to watch but in a strange way if the sale does happen its almost better that the SP stays here for the time being. If it rises to 40p for example I would definitely be tempted to reduce my spread bet position and bank some some profit and some shareholders would definitely skim some profit off. Just good account management. If the RNS then landed at 80p say I'd be pi*ssed off! Just hate the red days! But if it stays like this just have to be patient and hope they aren't all huddled in a room asking each other what the hell are we gonna do now?!
Cheers aandi, the issue is you can’t place guaranteed stops close enough in the SB sites. They won’t carry the risk. I’m probably just going to trim a bit or leave it but was just putting it out there to help me. Was quite surprised at the responses but nevermind. Thanks.
Wow what a nasty bunch you guys are. Don’t worry I won’t post again. I was just asking because my friend and I are heavily into this and have been in and out since 2.5p. We just don’t want to lose everything. I wasn’t asking anyone what to do I was merely posing the query that the share has gone up massively on speculation of a deal. If there is no deal a -30% decline seems ambitious. As to the comment about me being short what a load of crap. I’ve never seen a more defensive and aggressive response to a genuine query. Cheers guys. I’ll read in silence from now on.
Like some mentioned I too am very exposed on this. I saw someone mention earlier that they expect a 30% fall of no deal. Isn’t this optimistic. Won’t it be like -90%?! Most here are waiting for a deal. Back down to the single digits with early investors still making a good return dumping at 9, 7 and 5p! It’s either glory or death!
like me??? 27p average. Could only get a guaranteed stop on at 12p so a lot of risk but monstrous upside. I have my entire SIPP in it too. Sold at 5p in both prior to suspension and back in now. Gutted I convinced my mate and his dad to sell as its AIM and may come to nothing etc. The guy would be up millions now!