You might be shooting yourself in the foot. Without the shares you cannot enjoy your calculated entitlement and if the take up is successful your application may be cut down substantially. Let us know how you got on?
Always remember. A difference of an opinion makes a market. Without it you have no market. With an indication of an offer of 67.5 in the mix, I see no point in selling at this level but on the other hand never be afraid to take a profit. I have failed to take profits many times and had to wait years sometimes to see the same price achieved. UKOG, KDNC, BCN, and some of my Oz portfolio. WKT. However I did sell EMH at 99p Time to go back in ?
Had a chat with DL who was on the Bacanora board for a while. He thinks BCN Board will get their way. The downside is that the company is worth a lot more than 67.5p The upside is that this is a guaranteed 20% profit which is why M&G have piled in.
Buys far exceeds sales and if other people's purchases like mine are shown as a sales then the figures are nonsense. Any other market than AIM would see this stock rise but perhaps MMs are still holding short positions and they are waiting for their books to balance before the price rises. . Talking their "book" as we used to say in the old SE
I posted last month "am I mad?" Going back into Chariot after being out for years. Paid 9 p now I cant even sell. Luckily it was just a small punt so I shall sit on my hands. WSBN is keeping my spirits up !
I have never encountered such a pessimistic board. I expect to make a lot of money out if this investment. We already know that there is oil on our Turkey site. The drilling is to confirm the expectation of the 30m barrels. If your not happy just sell and move on.
MEDI ZUOZ (Bulk Carrier) Registered in Luxembourg - Vessel ...https://www.marinetraffic.com › ships › imo:9789910 MEDI ZUOZ (IMO: 9789910) is a Bulk Carrier that was built in 2017 (4 years ago) and is sailing under the flag of Luxembourg. It's carrying capacity is 60501 t DWT ... Vessel Type - Generic: Cargo Call Sign: LXZL IMO: 9789910 Status: Etkin
RE: COPPER - IRON ORE - LITHIUM - RARE EARTH07 May 2021 08:56
Hasting market cap. $360m KDNC has 30% interest in 3 Mining Leases, 6 Exploration Licences, and 2 General Purpose Leases. That is a lot of expensive assets. Add that to the pot and we are talking a very big SP.
Somebody tweeted last month that the Chinese Government intend cornering the lithium market, so expect a few more companies to get swallowed up, I don't mind us being taken over but BCN board are capitulating at a giveaway price. The all time high for this stock was 155p and I would have expected to double this when production began. Today's events has shown me an 18% profit but I had to wait 5 years ? How much is Gangfeng going to pay Cadence for their 30% of the site, I'm in both.
The value of options is the choice whether to exercise them or not. If not nothing is lost and no expenditure Incurred but should Cadence take off they have the benefit of having a fixed price to invest. I would have liked to see the option price at 40p or more. That would give the Directors a real incentive to make a success of the company.
Been in for yonks saw them hit 13p didn't sell. Watched them drift back to 0.11 bought a lot in the teens and got my average 12m down to 0.26. Saw them hit 0.47 didnt sell. ! waiting for the Turkey trot.