Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I know it’s a very naive question but why would there be a substantial rise when ( if ) India payment arrives ?
I have an average of 206 and have had the special dividend when the share consolidation was made, so still a couple of 1000s down, but having seen the big rise after the Indian notification of intention to pay some of Cairns entitlement award why would there be a substation rise again? I certainly hope there is but would the payment not just consolidate and strengthen the company’s position.
If it were obvious of another hike in price wouldn’t there be more buys now?
The gradual fall from £18 to £16 could be forgiven due to the reduction of income from the slow down from peak trading during covid but the single day fall from £16 to £14 came from nowhere and was possibly overdone, with a corresponding tick back up there and even higher in the very short term would not surprise me in the least.
Investing still appears to be the only way at the moment to generate income as savings and bond rates are negligible with inflation basically devaluing your savings week on week.
Buy or sell pre ex div dates always hard to call.
I held lgen and lost a few quid and sold rio tinto and made a tiny amount.
You takes your money and makes your choice.
I’m fairly confident this will be in the 295 area before next ex div date.
Nice to see the price slowly moving up after the ex div date. ( albeit small div)
New orders, the quality problems seemingly sorted out and major new business contract signed along with potential of takeover with the merger and acquisition prospects with the move towards normality with the management of covid, hopefully on way back to the £35 or maybe even more.
Although RR has not recovered like many other covid affected shares,( understandably so ) I’d be happy if the share price managed a bit of stability rather than the testing 109 then 10% drop to £1 the last later, but on no news this may be the chance to get a period of stability . I would be well pleased if price was above £1.10 month end but content if price was still here.
I do feel that it will need very good news deed to get to the £1.20 mark and I’m not sure where it will come from as when air travel opens to a reasonable level it’s not as if that would be a huge headline.
I think it’s pretty obvious now that those in the know and pretty sure that there’s NO value in the potential Indian settlement.
The share price is now way lower than before the courts original decision.
One could be cynical and think share price has been walked down for the inner circle to buy in but I think it’s the other way round now and they’ve been leaving in droves. This was a regrettable buy by me.
Apart from a new $28.4m contract . Probably accounts for rise at end of week. Fingers crossed first of many, let’s hope they fulfil their obligations this time.
Since ....fat fingers and an iPhone haven’t improved by typing
Yes toli, it’s a quiet board here but to be fair no real news since the pre Christmas fall to £30 ish.
I’ve been in so nice then at £32 so just burying these away until new contracts start coming in with the world changing their priorities from the covid to the defence and safety of their borders and citizens.
I certainly hope so, but why isn’t at least a percentage of this priced into the share now, or is it.?
If they do get say 50 % of what courts agree is owed will this fly or drop . ?
I’ve asked this before and not really got an answer, is the consensus that the price now is WITH getting the rebate ( plus interest etc) or is the expectation sp will shoot up if confirmation of payment is issued.
Or is the current price neutral and it will fly on confirmation of rebate and plummet on the news that India will not repay the tax. ?
I’m utterly perplexed here.
Is the consensus that the 1.2 billion will be paid back and it is already priced in, or that it won’t be paid and it is priced in , or Indian assets will be seized ( and be all but worthless) and that’s priced in. ?
Hi board, I’m not invested here but I like a visit to more boards than the shares that I am invested in, especially now with time on my hands , but what am I missing when posters are all saying it’s not worth investing in for the special dividend. Isn’t that the case for all shares purchased in the run up to their ex div date, (obviously the large rise from the 175 area in the autumn will be around the figure seen after ex div date , ) are posters presuming no material rise in the value of the company before then.?
Whoever bought this morning at 197 may well do well.
As I say I’m probably missing something .
Awful new lockdown rules recently announced , but if markets were thinking this was a covid led share these can surely not have a positive impact on sp.
Mms can’t decide which way this will go. Every time it drops a wee bit it jiggles back up again.
Perhaps £100 is the fair price at the moment but you just sense that a sharp move, either way is imminent.
I probably wouldn’t buy right now but I’m certainly not selling.
May be worth a lot more than Uk fishing industry once Gaw gets into China.
The more I research the company you realise how many positives there are against very few negs. The main one with all game systems being the public’s fickleness but with this it seems that Gaw have all bases covered , as much as they can, physical stores, movies, loyalty licences, magazines and books plus others . I’d be grateful for any negatives to balance my rise tinted view, apart from brexit and normal market sentiment changing of course.
I know we all have different circumstances and trading/ investment methods but surely now is not the time to be selling , a week before a 60p dividend after great news and we the share price reviving every time the mms try to take it down.
I would be extremely disappointed I’df this isn’t at least £100 and would hope £105 on the Christmas rally
PE is still around the 30 though, but that shows the confidence in the company’s future, although the selling shows that most that are fairly new to GAW are not really in for the divi( although £2.50 ish is ok ) but for future growth in the share price itself , as others have said, look at that chart. This would explain some of the sells after dropping from £110- £93 people will have jumped in and out again after the spike on yesterday’s positive forecast news. A lot of buys again today with the drop to £98 and with increase in divi.
I agree with others here, this is NOT just a covid stay at home boosted share , plenty of growth left here , I think.
Ta. I trawled through the div calendar sites, which don’t mention it . Thx
Only site I can find with special divi forecast is dividend data. co.uk
So I’m not sure there is one.