focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Nice link, Andy,you bought some more yet buddy?Given the losses in the 1st half of this year,how long do you think this restructuring will last?It might have been better to stop mining altogether,rather than lose over a hundred million a year.The price of coal has to be at a certain level for this to work this is one last desperate throw of the dice and you would have to be confident of a significant rise in coal prices,like right now,to buy here.ps,Andy you still in pog or did you average down and call it a day and move here!
Look at the rns releases,regarding the restructuring and dates and that will make it clear to you.
Perhaps I should have phrased it a little better,it's a strong sell.I used the ,phrase,"think this is a bargain" to ask you to do just that after looking at the accounts,should have used an explanation mark.
You get stuck in,Andy,if it's looking dire then people should know,pure and simple and if you think I would buy here your quite mad,do you read accounts?
Think this is a bargain because of price,looked at it and the situation even with the restructuring is dire and they are able to dilute this out of existence.I don't think the coal price will ever recover quickly enough to save it,present holders have some cushion but that's little comfort.It is hard to believe how far this has fallen but it ain't a buy.
Doh,great post,what stock did you mention that you post the most on!.gold not really in though at the minute is it!
Lol,will take a look this time next week,p/d me thinks,aim you just can't beat it!
Kn,your probably right and I have misread the signals here I don't know!but am happy to be out.gl
Given the meteoric rise and the financials,isn't this probably a sell at this level?
What are the total losses this company has incurred to date and what is its current cash position?
Lol,that's not investing it's gambling and who ends up on the spike.I hope you stay around to offer support to those who are?
Look at the accounts don't you?
Remember,shareholders,effectively don't own this company the bank does!
Firstly this is the most stupid stock purchase I ever made and was made purely for the bid,which I expected to be around,22-24p and if the accounts had have been ok that might have happened but they obviously were not! Regarding,cookaburrow,well he has been pretty dam spot on so far and I have my ideas about him,you have to decide what his motives are and the posting history is strange but I believe him that said he was not the only reason I sold.If you look at the rns,Drinkmaster is in real trouble with the WH,loss,so going forward this will have a much greater impact on profitability there's no money the assets vastly reduced again,Boris andVers in sole discussions with coop and the recent huge share percentage Boris has gained for his investment,remember he only ever wanted a certain part of this business ?I really do believe that we are being given a chance to get out,cut your losses and run if you like buy that's just me.
Sold but should have done it earlier,my reading of the rns,was you have been warned sell now there was no real need for that information otherwise,could have been released with results that were supposed to have been posted today.It all adds up to me the wording everything,please confirm to others with,eureka if I'm right.gl
I don't think,boris,will be shafted here,kn,this is being carefully orchestrated and he will get the piece of this pie he wants.
Hi mate,looks like a dead duck!
It's curtains here ,going private,shareholders shafted,never going to turn this around otherwise and everybody knows it now the thing is you could end up with nothing here.
Lol,mate,starting to think your head of accounts here,if not you should be!
The name change was just an idea,lol.Boris made his money initially from gambling,vending was an obvious lateral move,obviously your in far deeper here than me because you bought at or around the float but this tanks and that means nothing obviously it's relative but surely it's more beneficial for you to go all in! what about the other debt,what are your thoughts on that! I think everybody involved,knows that a certain part of this company is highly lucrative and there's a Mexican standoff going on here and Boris has most of the bullets .