Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Below 10p seems like a great price to buy more, assuming Seafox can only bid a minimum of 22p, but I doubt things will be as a simple as that. The next few months could produce all kinds of outcome.
I'm intrigued to know how the new board members are improving the performance of the company for the benefit of shareholders, the way they promised they would before the votes were cast... It's been very quiet since their election.
I haven't seen many single large sells, it just seems to be trickling down gradually on small sells. I'm surprised it's dropped below Seafox's offer.
I'm looking forward to the webinar tomorrow, especially with regards to the Q and A. Not the sure the interim results will set the world on fire, but you never know, especially if they are coupled with a positive update.
There's nothing good or bad about it. Every company releases interim results every year and announces in advance when this will be. I admire your positivity though... Hopefully we'll have a nice rise today regardless of the rns if the last two fridays are anything to go by.
I do want to discuss the share, but at current there is nothing worth discussing, though this is my first port of call for checking RNS releases for all my shares so I'll always check the chat as well to see if I've missed anything. Vomiting rose-tinted predictions and irrelevant occurrences daily in your own echo chamber does not count as 'discussion'. Wait for news, silence is nothing to be afraid of in the mean time.
Fit to pop? Fantastic, I'm looking forward to it. Don't forget to comment on the US later on.
Don't feel the need to post every day. If there's no news and nothing to discuss then do something else with your time. A nice walk perhaps, or a crossword puzzle...
Wrong way round. A share price of £1 now would be equivalent to 5p 6 months ago.
I'm not sure there are any rival bidders at present but it does make you think; Seafox are currently locked out of negotiations because of their no-increase offer, but a potential rival could come in with a much more sensible (but still cheap because of the current climate) offer that shareholders are more likely to accept. What interests me is the sudden volume - the stock has seemingly seen less than 10 trades daily and barely fluctuated in price over the last few weeks yet today it seems there were 60 trades and the sp has risen back over 11p. I'm not sure if this is a sign of anything significant to come (but I hope it is...).
It's completely great if you sell into their rise - sadly it seems to lure in unfortunates who get stuck with a high average.
Less. Looks like Spreadex have reduced their position.
Secura took over Novartis. Now I see why they want Midatech out of the picture. It looks like they're working on a competing product.
Im not sure. Both the conditions of the no increase offer and the 30% offer both seem pretty mandatory. I tried to find out a few weeks back which would overrule the other in the event both taking effect but I couldnt find anything. One loophole in the no increase business is that another offer can be made if the BoD of directors allows it; now Seafox have two members on the board could it be possible they could influence this, or would they need other directors to back them up? As GMS reappointed the directors that should have been removed, the Seafox directors do not comprise half the board.
Or is it seafox completing their 30%? I guess well find out soon.
The spikes have made this such a great stock to profit from, as long as you buy in at the bottom of them and make a point of taking profit. I do feel sorry for the high buyers (e.g major_buyer, God rest his soul) but my advice to anyone would be don't buy a stock that has suddenly shot up because, the chances are, you've already missed the party. The best thing is, thanks to the recent cash raise, the company can survive a lot longer; hopefully long enough for many more spikes!
Number 8 on the top risers chart at time of posting. Hopefully this will draw some attention...
In the news article: 'Seafox, a global offshore jack-up company, was "pleased to note the support" for its resolutions...'. Yeah, more than half the support was them alone! I bet they'd have been mortified if they'd accidentally voted against their own resolutions.
I would guess it's something to do with Goldman Sachs.
I believe he types using his face, so not a bad effort. Definetly him. I'm not sure what 'woting with 2 gloale phama's' means, but it sounds highly encouraging. Can't wait for those majaor trail results.
Maybe a last ditch attempt to win more favour. I can only guess it will be positive otherwise it would be foolish to damn themselves just before the gm.