Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Rejecting resolution 2 was a master stroke by the shareholders. Basically PW has too much power with the demise of the chairman and a new board he has cherry picked. Killing his share scheme means he can’t pay himself what he wants and makes him realise he has to look after existing shareholders rather than incoming ones if he wants to revisit the scheme. I think that’s why the sp is rising in advance of Nasdaq - otherwise he may have tried a deep discount to look after the new US investor base at our cost. Hope I’m not speaking to soon here.
Thanks Maf - completely agree. Timing of relist also pretty bad, August lull plus WTI weakest in months. Hope something can happen fairly soon as I doubled my position.
Fek - SNG on move as more activ rumours. Hope it is RNS’d soon, been a long wait, as always with SNG.
Well, because they RNS hardly anything it’s a rollercoaster based on prevailing sentiment. I was very bullish on the Activ P3 ‘leak’ before, then got nervous recently as no news, so questioning is it really happening, but Polygon is a real vote of confidence so feeling better again. Plus hospital last dosing can’t be far away.
Yes, very happy with that one, really needed another large ii holder alongside Polar. Went for SNG ahead of ARB in the monthly challenge, may have been a mistake, unless BTC retreats tomorrow the MMs will have to take the brakes off ARB on Monday.
Thanks all, am away on holiday as well. Yes, July tough month, though arb recovered thankfully keeping me pretty flat. 1509, bit tough marking Rdgc at zero!! My account shows it up 20% on the month, that’s what I’m keeping in my head anyway!
Will go
Chf
Wsbn
Roll ARB