Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
His statement (RNS) implied he couldn't reverse the sale of 1% daily if the BoD remained.....
I would have rather had a tiger in the tank, than a pig in a poke!n The SP fall is a bad joke. Good luck with your letter Beevorama and let us know what response you have got. Not sure what effect dropping 300,000,000 shares on tto the Market over 2 months is going to have but I'm certain that holding is better in the long term than selling now. I'm not willing to average down any further though.
What was the result? pls
A walk is a good idea....
I don't like the way JB has blackmailed us all even though I agree with his ultimate aim. It will be a disaster if he releases 1% daily.
Either way the vote should create more certainty and allow a way forward, but I'm hoping that the BOD are gone by this evening!
just further to texan and rookie, America will open super strong in equities with prospect of 1 trillion infrastructure support and postive API.
PMO could be 60 within 1-2 weeks.
whats nonsense broomhill? I've been trading this great little (big) company since 1996 and it shot up shortly after thanks to its Indonesian acquisition. I've only been on this thread /site for a short while but its actually quite good if you are interested enough to follow the real vibe not the 'nonsense' , just filter out those you cant bear (like DBNO) and buy shares (and sell em before it dips and buy again). For those who filled their boots nr 14 p its a killer (like me) or again at the 30p plateau
ps its going up, pps, it may go down on day to day bit the future is bright!
LOL
I do something similar for my Mother.
Many institutional buyers moving in over the last few days, 700k i two orders at the close yesterday. Shorts down, looking good, the whiff of money in the air!!! could be a 50p day.
Not sure why you give him any wavelength, I have filtered him as i suggest you do, but constantly see people responding to his un-insightful comments
It's clear PMO is dumbly following Brent atm, without any real relationship to true fundamentals. Welcome to the herd sentiment driven multi-directional stampede.
With ARCM closing the rest of its short (that wasn't paid off in share issue) the BP acquisition that will increase EPS and underlying assets, and a general opening post or even during Covid 19 (they can no longer afford toshut the world economy regardless of the viral situation) you would have thought that the SP would be a great deal higher.
I put my money on this share being 120 at least if not substantially higher sometime post summer rights issue. This will confound those who link in linear terms rather than growth potential.
LOL very witty Sandman
I have just filtered out the loser DBNO, what a great function!
oops i meant 50% share dilution..... thats not what ARCM got and even with the added future rights issue in late summer for the BP deal, its not going to be anywhere near 50%.
where do you get that figure from? nonsense.
I think JB will cancel his "irrevocable instruction" ,now that the sale process is cancelled. Yes he want to change board ,but one of his principle gripes was the sale price the buyers came up with.
I sold under performing gold to average down, I'm not at all defensive any longer in my Portfolio, but equities seem to be flying,
(like Icarus?)
Yes i have averaged down at these prices too , its crazy below spare cash.
Its pointless to get out now, the Sp has been hammered by the spat and now the FCA investigation', however this company has massive EPS potential even if all claims were upheld. I am thinking that a new board post investigation can take this stock back up to at least 70p, I'm glad the company is not been sold for a bargain basement price.
Yet again another day of trading whereby the bought volumes exceed the sold volumes by millions ,
This doesn’t correlate with the SP movement at all .
Do the MMS have access to huge pools of dumped shares we don’t know about?