Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It could stay down in these levels for months until they get more wells online, personally, I don't think announcing a massive oil find will do much unless they have done an extended well test on it, proving it flows to the tune of thousands of barrels a day. I'm not deramping and I still have my shares here but if the seller has that many and just keeps dumping them, then I'll be a greedy boy and top-up monthly, I'm sure there are lots of reasons for people thinking the share is doomed but I think that's probably quite unsubstantiated waffle, but I'm sure those doom and gloomers are saying the same about my optimism.
Anyway FYA (***k you all),
TL
If its the previous owner and he has ~$4m worth of shares selling at a couple hundred grand a day we could be looking at a couple weeks of this pish
Honestly, I think the only thing that will kick this share into gear is a change of management. Old Art will be panicking just now and if he's not, he f'ing should be. Personally, for what it's worth, I'm not panicking, frustrated? sure, but there is nothing new about the market crashing a share for a few days weeks for no reason only to bring it back up in due course. There must be a seller but also if shares are being offloaded someone must be buying them so let's just hope they are going into the hands of someone who is looking for a large return. The news continues to be good but it's not great, the world is one big logistical nightmare at the moment and these companies are not immune from that. at 24p it is 3p below my weighted average, I can't really complain to much about that, but it will be frustrating for those who bought into the rise. You really just need to keep a level head with these things and not let it get to you, learn from the lesson that is being taught just now only to hold a portion of your investment pot in a share unless you are willing to brush off the loss. I really do hope you all chill out a little because what will be will be and you as a tiny little investor can do absolutely nothing about it, just remember the words of WB "buy when others are fearful and sell when others are greedy"(sic)... all the best TL
I bought another ~£4k of them a few minutes ago, even if the next RNS is a rubbish value is still there to be had over time. it's profit-making, that's all I need to be seeing from a company.
I see Bose have released a similar product to Lucid… definitely time for that to be binned off the portfolio
To be fair, MATD looks like a pretty solid buy now
Why hasn't Persi commented on the false rise today?
I usually dread a consolidation as they are usually done purely for the image of the company... however in this instance with II's piling in (and hopefully more to come) it makes a lot of sense to get this done to remove some of the liquidity of the stock... I'd happily turn my millions of shares into hundreds of thousands for the right amount of production.
I'm hoping that roadmap stops a lot of people selling off as soon as the buzzer rings
"divorcing my wife if this hits 20p"
this will probably be the funniest post this board ever sees never mind funniest of the week.
Aw cute, did someone have all their eggs in one basket? Or is this where you come back at me saying you have a diversified portfolio but are still really upset about this happening... again!
This company will come good, but they need to sell something before it will get a significant chunk of my change.
Hands up who told me we wouldn’t see these levels again?
Thank god the gas tank is running out on this S.Show of a BB haha... wonder if it’ll be 20 business days or a “COPL” more before action recommences, pun delightfully intended
It's a bit late for a deramp here, wish i had that kind of time on my hands
this suspension feels a lot more like when PMO bough E.ONs north sea assets
never stress over any share/investment you make, it's simply not worth it.
I went through a similar debacle with SAVP becoming SAVE and HL took care of everything... wouldn't overthink this, it's equally in their interest as it is yours for them to sort this out correctly as they "technically" own your stock for you.
"divorcing my wife if this hits 20p"
Comment of the day in my book, absolutely howling and how blunt this was.
No, technically you don’t hold any stock your broker holds it for you. So they’ll do all the leg work.
I was just about to comment on the churn, looking at the sheer volume of trades and value traded we are finally getting some recognition from the wider market... it'll move up when it moves up but one thing is for sure the shares are making their way into stickier hands, and currently mine feel like a lollypop has melted into them