Sirius Minerals Share Discussion Threads

[11_percent] 02/12/2016 09:49

Post from iii.

I'm wondering who's buying all these shares, can't just be pi's - guess it'll become clearer once the holdings RNS's come out.


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09:23
Re: Current Market Cap vs Cash Held
MaxValue
Per Ardua

The results of the equity placing to ii's was announced on 03/11/2016

Its logical they would have started to manage down their exposure to SXX from this point. So I believe the movement in the share price is mainly down to ii's selling.

Their average selling price will be higher than the 20p buy price hence we've seen the share price fall below 20p with ease.

Encouragingly volumes seem to be dropping/stabilising day by day.

I'm wondering who's buying all these shares, can't just be pi's - guess it'll become clearer once the holdings RNS's come out.

IMHO, DYOR

MV

[deanroberthunt] 02/12/2016 09:44

ID

if you say that every day surely one day you'll be right.....except on a weekend :)

[investment dave] 02/12/2016 09:35

Due a major bounce today added another 650k at 17.25

[noirua] 02/12/2016 09:33

Chart shows quite a solid floor at this point. After a heavy mauling SXX look unlikely to search much lower.

[deanroberthunt] 02/12/2016 09:30

and for clartiy John, I'm not deramping, I'm having a go at the iilegal system of fwd selling on AIM.....

[deanroberthunt] 02/12/2016 09:28

MOS has just done a placing at 4p, it's now 4 - 4.5, and it won't go below that....similarly TERN did a placing a while back at 7p, it never went below 7p, went to 11p and is now 7 - 7.5p

[johnwise] 02/12/2016 09:24

Remember, DERAMPERS NEVER DERAMP A BAD SHARE. Watch the board for shares with no potential. They never have any derampers. Derampers only go after shares that are going upwards or have excellent potential to go up..

[johnwise] 02/12/2016 09:22

deanroberthunt

Remember, DERAMPERS NEVER DERAMP A BAD SHARE. Watch the board for shares with no potential. They never have any derampers. Derampers only go after shares that are going upwards or have excellent potential to go up..

[ccr1958] 02/12/2016 09:15

dean, how do you know there has been forward selling ?

[dusseldorf] 02/12/2016 08:41

deanroberthunt - it will turn good eventually, but general market has been weak of late (London at least), there won't be many updates from the co. so the price will drift on boredom and PI's over committed on the misapprehension that that placing price was a 'floor'. SXX was only ever a stock to tuck away for several years, after which i'm sure it will pay handsomely from current levels (future funding dependent)

[plentymorefish] 02/12/2016 08:37

And your agenda is what exactly, to out them?....I've seen you on numerous boards, kibo, pmo etc, flip flopping between positive/negative with post after post after post after post. Don't dress it up as someone else's issue and you're the white knight here to save the day, you have your own agenda with nobody else's interests at heart. As I say, watch the video and reflect!

[deanroberthunt] 02/12/2016 08:35

now 20% just to placing price.....

[effiert] 02/12/2016 08:26

15p coming

[deanroberthunt] 02/12/2016 08:26

@plentyoffish

You should be directing that post to the mgt of this company, who have just orchestrated this shambles.....placing at 20p and now 17.25p and falling.....forward selling is illegal, yes illegal.....

even AIM frauds don't fall this far below the placing price so soon.....self serving greed.

[deanroberthunt] 02/12/2016 08:22

@plentyoffish

You should be directing that post to the mgt of this company, who have just orchestrated this shambles.....placing at 20p and now 17.25p and falling.....forward selling is illegal, yes illegal.....

even AIM frauds don't fall this far below the placing price so soon.....self serving greed.

[csmwssk12hu] 02/12/2016 08:20

Another interesting day here, IDP on the rise again dyor imho

[deanroberthunt] 02/12/2016 08:17

yes, but John

a) there will be more placings to come, increasing market cap but not necesaarily value

b) it's a niche product which has yet to be properly defined in terms of pricing and quantities

c) there's risk a plenty in terms of overuns and overspends on projects of this size and complexity

[johnwise] 02/12/2016 08:06

There are good reasons to think that Sirius Minerals could turn your pennies into pounds. The global population continues to rise and people will need feeding, and polyhalite fertiliser will help farmers do that. Management estimates the project has a net present value of $15.2bn, with prospective annual earnings of between $1bn and $3bn, yet its market capitalisation is just £730m.

[seagullsslimjim] 02/12/2016 08:04

blueball - are you at college or a complete newbie by constantly quoting the British Bull site?

You do know that they are auto generated reports based on the share price movement of that day

did you maybe think that it was a chartist there working things out?

Bless ! xx

[johnwise] 02/12/2016 08:03

There are good reasons to think that Sirius Minerals could turn your pennies into pounds. The global population continues to rise and people will need feeding, and polyhalite fertiliser will help farmers do that. Management estimates the project has a net present value of $15.2bn, with prospective annual earnings of between $1bn and $3bn, yet its market capitalisation is just £730m.

[plentymorefish] 02/12/2016 08:01

DRH - Google florence, from florence & the machine, doing a one/one concert for a terminally ill teenage girl in austin, texas who had a ticket to see Florence but was too poorly to attend the gig. It's really humbling and the girl, unfortunately, died very recently. Then, overlay it with many of your musings and (unknown) agenda & it kind of puts things into focus why some people despise capitalism

[deanroberthunt] 02/12/2016 07:55

STAY SHORT...no brainer really, 14.3 is nailed on

[deanroberthunt] 02/12/2016 07:49

noticed that all the ramping commentary, professional, has ceased now....like tumbleweed and the distant bell....