Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
In the next twelve months dependent on weather we will see recession, harder times leading to equity falls so we may get lower. At some point then I’ll buy more. Commodities are in short supply overall, a harsh winter and prices will change even in recession and the sp will recover. I’ll wait now sometime, I’m 45% cash overall and increasing to 50% as the market wobbles with the unknown! Gla
Positive is business still trading, we own something and overall they seem to be in reasonable order. Pretty good update, they’ll be a very valuable asset for urkraine and Europe. One reason urkraine wants to claim lower lands to crimea back is the oil and gas, it’s needed for europe if and when a war ends. Top priority
I’ll hold copper and gas, if we see a upside significantly nect two months I’ll top slice, however if not I’ll happily hold next two to three years. Like dec I risk being out during poorer copper, gas times and they announce a takeover. Their cash generating non stop, one of the cheapest in the game so recessions bring bargains for these guys
It will take as long as it does until gas is shooting back up again and the hedges improve. We are 70% covered 2024 so next year and 25 are the priority to cover off. Investing no more, good holding in sipp and happy to wait this dip out.
I looked to buy more but currently can’t through hl
I think there cyber, AI, Bitcoin etc aspect interest me as I don’t know enough to invest individually in these areas.
There into some quite good hi tech, innovative areas alongside miners,
Well in the last week the directors have certainly put money behind the business and their commitment, obviously not that bad.
Two months, few months ago it was all about there hedging being a hinderance because of far higher gas prices, now it’s frustrating for some.
Small time frames, loss overall perspective. There hedged well into 2024, between now and then gas prices could change dramatically.
Last year europe bought 650 billion of extra gas as Russia was out, what about up and coming winters, no pipe line this year. A bad winter and prices will change dramatically and quickly
Agree thanks. I’m over weight commodities but spread across silver, gold, copper, gas, iron ore being the main hitters. All divi generating, ticking along ok with I believe no real prospect medium term of demand dropping off.
The first part of the deal was for ten million shares. If they then proceed with second part, everything it’s 771 million shares of hemp.
So I’m assuming we get some, a % of the hemp shares as replacement? There not buying the company for cash their trading for their shares.