Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A guy called dewtrader supposedly posted the name of a big seller last week before the 500K sell showed up on our screens. The post was removed fairly quickly although some people did reply to it before it was removed. I didn't see the actual post but that is what I believe happened by reading the following posts. I don't know much about Dewtrader, I've only ever seen him ramping the hell out of OPAY on advfn.
AFAIK it's just based on market cap and a panel looks at the figures every three months and picks the promotions and demotions. It's not just a case of sneaking in though by skin of their teeth, for example if you want to get into the FTSE100 you have to have an mcap higher than 91st position. I suppose this is to prevent promotions followed by immediate demotions of the price drops a bit straight after. The following site is good if you haven't seen it http://stockchallenge.co.uk/ Click on FTSE rankings and you'll understand the above ramblings a bit better. Note that the table isn't bang up to date but it's reasonably close. BTW I am by no means an expert on this so if anyone spots any errors in what I have said please feel free to correct me. GLA
Yes, true about trackers. I reckon another 30p on the current SP will get it in there by my back of fag packet calcs. If it hits the two higher recent broker forecasts it's in, easy!
This will be going to FTSE250 soon, will it not?
Must have been oversubscribed, anyone who applied for more than £1K gets £1K worth and then 55% of everything over that up to a max of £27K worth.
Morning!
94 by market cap now. FTSE100 here we come (hopefully)!
Oh well, trust me they are 99 by market cap now!
http://uk.advfn.com/p.php?pid=filterx&pg=2&show=1_1_,1_53_&sort=1_1_D&cnstr=1_43_4_EUR,1_50_4_SSX3|SSX4|UKCP|IRSQ|IRSU
http://uk.advfn.com/p.php?pid=filterx&pg=2&show=1_1_,1_53_&sort=1_1_D&cnstr=1_43_4_EUR,1_50_4_SSX3|SSX4|UKCP|IRSQ|IRSU Number 99 in top 100 companies now by market cap. Just needs another 9 places or so for an official promotion into FTSE 100. That would happen at about £4.50 by my calcs. GLA.
LOL - The rise to £3.80 took me by surprise too. Especially after I sold up a few days before at £3.47! Just my luck! Ah well, can't complain too much, held since the flotation and topped up a couple of times sub £2. Reinvested all divs too via scrip / drip which stopped me blowing them all. Good luck to all still invested, hopefully I'll be back at some point.
Today's RNS is for notice of results due 28 March 2013
95603 scf = 15.9 boe I think. The conversion factor is 6000.
Does anyone have access to this please? Can info from it be posted up here?
All, I know the delays and lack of progress has been frustrating but let's not lose sight of why we are invested. Below are the figures from back in 2011 relating to the reserves, which as far as I am aware are still down there. Mustang Island Figures net to Silvermere: Proven reserves (1P)...........4.73 Bscf - value - $4.49m / £2.84m* or 15.5p/share Probable reserves (2P).........11.53 Bscf - value - £24.87m / £15.73m* or 85.7p/share Proven and Probable (1P+2P)...16.26 Bscf - value - $29.36m / £18.58m* or 101.2p/share Possible reserves (3P).........30.38 Bscf - value - $94.36m / £59.67m* or 325p/share Total Potential Reserves................£78.25m or £426p* per share *Based on Exchange Rate of 1 GBP = 1.58007 USD Source: http://www.stockopedia.co.uk/content/silvermere-energy-plc-exciting-new-company-62740/ Does anyone have any more up to date info than this that they can share.
All of a sudden. No complaints from me! GLA
Dorman I think some of the other buys from last few days are shown as sells too not just yours. The sea of red looks worse than it actually is!
I just thought I'd share this email address: market.abuse@fsa.gov.uk I have emailed them my concerns about this whole business and asked them to investigate. Please can anybody else who has posted their concerns on here do the same. I don't know if there is anything that will stick to the current bunch of directors but I would like to see them investigated just in case there is!! Good luck all.