Member Info for thinksmart

Mine too. And google.co.uk/finance is showing different transaction prices to on here. Notice loads of small transactions today so far - suspect they are almost all buys - reinvestments of the dividend

...just topped up with my dividend and got 39.02 i.e. virtually the Bid price.

...might have have managed to sneak in a buy under 40p - hey ho missed trading for today.

Got mine through this afternoon - a bit late - usually get them on the day!

Thanks - and I don't blame you - SHFT at under 40p!?!?!?! madness!! I'd be joining you if I hadn't already ploughed it all in way too early on Friday! Odd that you got a buy right on the bid without going through Direct Market Access. MM's really must have been manipulating the spread.

What time was your buy? And did you but from th3e MM's through your broker, or did you put an order on the orderbook through Direct Market Access?

I am now! Thought I was doing great this morning. Am watching from the sidelines now for a bit until confidence returns. MY confidence that is! lol

PS I totally wouldn't worry about WSG personally. Wish I'd got more in there and less in here now! I think SHFT WILL come good but could be a longer and sweatier road to recovery and confidence now. WSG on the other hand I'm relaxed about.

Same here - wish I hadn't seen the early drops and could have caught this later one. I could sell other stuff at losses but I'm already ridiculously over exposed here - this one's given me the jitters. Its hard to stay objective when being clubbed over the head from both sides! I think I'll watch a while. Actually i'm going home now so will log in nervously from home later.

not surprisingly A lot of people are going to do very well out of this piling in now I imagine grrrrrrrrrrrrrrr

Interesting - presumably we're in auction - I'll check in a mo. Looks like we may have bounced but hard to be sure. If the divi comes through I might find £500 lol

They've obviously been at loggerheads for some time with SHFT proposing ways forward but unable to reach agreement, and then SHFT asking for the money owed in the contract (presumably on the basis that its not SHFT's fault that they couldn't continue). EuroChem obviously won't want to pay that, and also need someone to blame for being now so late with their own commissioning, so... throw in a court case. Never a good thing for either party but possibly good PR for EuroChem's investors. They are asking for such a big number that I can only hope they are hoping to scare us into giving up our claim for the outstanding monies in the contract. Hopefully SHFT are insured but that's a very big number. I'd say its a top up opportunity but I've totally blown my wad plus a lot more already this morning and am feeling a little sick at the moment! May have to simply put these right out of my mind for a while as am way way over exposed here.

... EuroChem are looking for someone to blame for having to announce they are going to be very late commissioning and are also trying to get out of paying SHFT what SHFT believe they owe under the contract.

The full demobilisation of our EuroChem project is expected to be completed during the second half of 2012. Discussions continue with EuroChem to recover the amounts owing to the company.

Our project at EuroChem's potash deposit in Russia suffered setbacks due to the extremely difficult underground conditions, making progress very slow which in the context of EuroChem's broader mine programme, was unacceptable. In early December 2011 EuroChem decided to suspend our grouting operations and to switch to a freezing technique for which the shaft is currently being prepared. After making various proposals to EuroChem, we have decided to give advance notice of termination of the contract with effect from 20 April 2012. Further information on this can be found in the Directors' report under Principal events for the year on page…

Russian project EuroChem: sinking operations at the Volgakaly potash mine remain suspended as announced in late December and negotiations on the future of the contract continue. The Company is performing strictly in accordance with the contract and whilst the Company's ongoing role in this project remains a subject for ongoing negotiation, relations with EuroChem are cooperative and the Company is working with them to overcome the technical difficulties brought about as a result of the complex ground conditions. As at 31 December 2011 the EuroChem contract represented approximately £93 million of our total committed order book of £296 million but had been expected to yield a significantly lower contribution margin in 2012 than in previous periods.

29 December 2011 Shaft Sinkers Holdings plc ("Shaft Sinkers") Update on EuroChem Contract Shaft Sinkers Holdings plc (LSE:SHFT), the international shaft sinking and underground construction group, announces that, due to the continued slow progress resulting from extremely difficult ground conditions previously announced, it has entered into discussions with its client EuroChem with a view to amend or terminate the contract. Sinking works have now been suspended and the parties are in negotiation on the way forward.

SK thanks for the update. That's the kind of bananaskin that's impossible to see coming. Scary number! Have to see where this goes now.

My 50.7 buy is appearing as a sell. Really wish the dividend would come through as it would go straight into SHFT at this price!

In for a penny in for a pound. Don't know what the hell is going on but 50.7 was too low to resist. Feels like a weird dream today. Where are my rubber underpants when I need them!?!?!?!?