Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hope you're right.
I think they were right to cut divi and if they can get things right going forward this could prove to be a chance to snap up a bargain.
Could someone please clarify.
The headlines are all talking about 40% dividend cut, but surely the real dividend cut here is more like 60%.
We are being told the full year is down from approx 15c to 9c. That's 40% and I do not dispute that.
However, the 9c is made up of:
4.84 interim and the just announced 4.16 Final.
The 15.07c in 2018 was made up of:
4.84 interim and 10.23 final.
Now, I would accept the headlines talking of a 40% cut in dividend if we were to expect 9c being the new base for full year, but I can't imagine next year's interim will be 4.84. I would expect it to be nearer 1.95c as this would roughly keep it proportionate to the final dividend.
The Final has been reduced from 10.23 to 4.16, roughly a 60% cut. I would expect roughly the same to happen to the next declared interim.
I see next year's full dividend being around 6.1c, a 60% cut, and not 9c, a 40% cut.
Could someone please correct me if this is wrong.
UTO
FTB
Ramazotti, did you own these shares prior to 13/11/2017? If so that could explain it. I held 169,252 Fitbug shares at an average of 0.71p, as of 12/11/2017 following the 5,000:1 share consolidation I was left with 33 shares at an average of £36.36 (3636p). Had I done nothing I would still own these 33 shares, now in Bidstack and still at an average of £36.36.
Fortunately (perhaps stupidly) I purchased further shares in Kin at approx 7.2p, 5.4p and finally, on the last day before suspension at just over 3p. This has left me with just short of 19,000 Bidstack shares at an average of just over 11.5p.
It was a gamble on a reverse takeover happening and luckily I now have some chance of getting my money back and possibly making a profit. Up until a couple of months ago I had written it all off completely.
Small change to many on here I know, but an amount I would rather not lose completely, but was prepared to take a punt with.
Hope that helps and good luck all
Well I could buy 10,000 shares in company A today at �1 per share, sell 5,000 of them next week for �2 and get all my �10,000 back. I would be holding 5,000 shares in company a at no cost at all, or an average of �0.00. It may be that the share price has never been below �1 in it's history, that wouldn't alter the fact I can claim a �0.00 average. However, I get your point. The fact that he doesn't reply suggests it is probably pie in the sky.
30 August 2018 I believe. I hope they come up with something, especially as in the last RNS they said "The Company has rejected a number of potential acquisitions". No idea what the terms of those potential deals were but in my opinion even 4-5p per share is better than nothing. GLA
Rob-berry?
Simple then. Top up with as many as you can today. Sell all your holding as soon as hits 2.50p. Buy back in when drops back to 1.70p. This seems like a no brainer to me. GLA
Neither did my top up. Nor in fact a top up in another AIM share. Don't think there's anything sinister in it as my trades were very small. However, it's strange as I've always seen them reported before.
That is what I'm looking at. It appears to suggest their holding increased from 84'139'333 shares to 130'010'597 via some sort of transaction on 3rd April. I'm sure I didn't see 46m shares traded that day so what exactly has happened? My guess (and that's all it is) is that it's something technical that has happened and nothing too much for us to get excited about.
I topped up a little earlier but that has not showed up either.
I see the positive in the fact that it is a renewal. It would suggest the company is happy with the service, sees it has value and is happy to pay to continue with it. A small positive and still a very long way to go before this ship turns around. I hold so hope the B2B model works. However, my gut feeling is that this company is still in its death throes. GLA
Apathy. Either that or it's being marked down for Black Friday.
I think you'll find that was 0.6p. Could still have legs though.
Can't argue with the fact that 24 carat is gold in it's purist form.. But what exactly is your point here? GLA
As long as a buyer is eventually found and this share does not fade away I'll be happy.
What on earth is going on here? Why the sudden ~ 30% drop? Quite a bit of activity in this share today but in all honesty the trades are £200-300 so it's hardly the serious investors bailing out. Has there been a leak? Placing at 0.75p or something?
The two big trades possibly one of each. Someone ISA'd up?
Makes me shake my head. There only ever seems to be positive news here yet the SP never responds. what is holding it back?
Hi all, the current drilling programme will hopefully provide us with the resource upgrades we expect for and hopefully it will not be long until we see the sale we hope for. What are peoples thoughts on an eventual take out price? Many thanks