Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If there is a dip over the next few weeks I will increase my holding. I still think the company has the potential to be bought out. Low mcap and easily transferable.
Pearls, are you sure about debt free? I’m sure it was in a rns that we have swapped the £13.5m for shares but have now taken a new loan out for £19.5m at 12% for 4 years
We need a bit of excitement here. I do think there is potential for the sp to do well here but I wouldn’t be surprised to see 11/12p again at some point.
I think a lot could depend on how Lombard/Blake decide to offload their new 10p shares. From memory in a rns, their warrant/share conversion also happens tomorrow. Big selling will hold the sp down.
Don’t forget the 14 million of warrants being issued to the holders of the culs
I sold all my shares earlier this week and moved on to new things and took it on the chin. For me it was the best thing I could of done. You can always buy back in. It was a gamble but we were all locked in due to s**t funding that no one could of predicted. I would like to sit next to Potter in a UK pub for a chat. What’s the chances ?
Based on Hornby moving to AIM.
AIM's advantages for smaller companies include simpler regulatory requirements and reduced on-going costs. Key to Hornby was the flexibility around equity fundraising. Hornby's strategy to deliver improved shareholder value includes cost cutting and potentially raising further equity. Hornby stated in its shareholder circular that it was unable to raise sufficient funds on the Main Market without publishing a prospectus, which it could not afford to do. On AIM, it was able to issue placing shares representing approximately 28 per cent. of its issued share capital without a prospectus. Under UK tax legislation there are other incentives for listing on AIM including the potential to raise money under the Enterprise Investment Scheme (which is not available for a Main Market listing), relief from inheritance tax for investors holding shares in certain types of AIM listed companies, the ability for venture capital trusts to invest in certain AIM listed companies, corporate venturing reliefs and the abolition in 2014 of stamp duty on transfer of shares listed on AIM.
Pre 8th I only had Prolapse on filter. Now I have 8 on filter. The Facebook group is now hidden because of the new****** trying to join. 1.2p
Even after the volume Friday do we believe LO are still unloading ? I’m pretty sure they are, and if they are, once finished should we see a little step up in SP if we stay in a no news period ?
Coming up to 1000 trades today.
Vol sold 59 million
Sold value £1m
Vol bought 45 million
Bought value £945k
A great increase in trades today and still 1 hour to go. This will go a long way towards helping clear the LO overhang. I don’t know why everyone s**t themselves this morning, without a rns or LO finishing with selling this will be our trading sp range. We’ve had 3 x the amount of normal trades today.......................12p
I’m seeing this across multiple platforms. It does appear to have attracted a lot of attention with loads of buy orders on screen shots. 8am could be interesting #333