Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The only thing I can think of is the the Yanks laugh in the face of 22% dividends and demand at least 30%. Either that or the entire market is just completely and utterly insane.
For what cash we'd have per share now if we hadn't done the awful Tailwind deal? Would it be more per share than the current price?
It's showing DEC making a comeback when the yanks woke up. I'm not used to this.
64p share price in old money today. Is that a new low? At least the dividend is the highest ever before we list in the USA.
So tempted to top up but every day I wait is another day the price will get hammered down even further. God only knows how cheap these will be before the US listing. Tin foil hat time, are there shenanigans going on to get people to capitulate and sell before the dual listing? The yanks will need to get their shares from somewhere.
The average yield is for the US market? I'm guessing 20% or more isn't that special considering the lack of appetite for DEC shares.
DEC should end up blue today. Thank the Lord for small mercies.
Gavster the only thing that would possibly make the price go up is if you open a spread bet and put a big short on it. Although I admit the market might well be torn between making a private investor a lot of money or the continued trashing of the share price.
Not. got another 4 pence to come off very soon. How is 20%+ divi not enough? Where can I get a higher one?
Normal service resumed. Maybe a 20% yield isn't enough for them?
Terry, sadly we've had our up day for the year. Here's to 2024 and possibly a blue day. If not, there's always the chance of an up day in 2025.
Hey Terry I am in SQZ as well. The Tailwind deal has to be the worst deal of the decade for overpaying for assets. They carried on with it despite the 75% windfall tax. If I remember rightly it was something like $20 a barrel which would have been expensive pre windfall tax. They got round needing a 75% vote somehow, I can't remember how exactly. As you say, they always find a way to sh@ft the little guy while feathering their own nests.
How come the sellers never run out of shares? Or do they just love buying and then selling for a loss?
Knew it would be down in the afternoon after checking this morning and seeing blue. The only uncertain bit is just how much it will be down by. We're much lower than we were when gas was at $2 so it can't be to do with the price of the stuff we sell.
The 2.30 price drop as the US markets open. Works every time.
As soon as the markets in the US open ? Pretty much every time. Is there some technical reason ?
I'm assuming that's the case as all my oilies are down. You'd think they might be in a demand considering all the stuff going on in the Middle East but then what do I know?
It is showing DEC blue at close of play. Can anyone let me know the real closing price?
That DEC actually holds on to any gain for more than 5 minutes? Every day at about 1.30 it seems to head south and keep going until the bell, finishing at a low for the day.
Looking forward to a massive cash build by the end of the year, what with gas and oil prices and all those amazing Tailwind tax losses that the whole deal relied on to make sense. Have all those broker forecasts massively underestimated the cash build or something?
Been seeing red all day and expected it to be knocked down further at the close. Can anyone else confirm that DEC is blue?
Right so I take it the henry hub has price has crashed to well below 2 dollars and Dec has slashed it's dividend to almost nothing. Even so, isn't this fall a bit overdone? Also, if we are about to go bust, what are they using to buy back the shares? Certainly not money. Or are they bartering?