Horizonte Minerals Share Discussion Threads

[john henry] 14/11/2023 09:24

luckyabbeygate how is that so,not possible to be better off holding through a CFD or SB than the shares in a falling market.

[stansmith1] 14/11/2023 09:22

the question looking back will now be, how many times were you be shafted by hzm before you realised what you were dealing with....how many whoppers are we up to?

[nigelpm] 14/11/2023 09:20

Any opinions on what this could possibly be worth?

Probably zero to equity.

[john henry] 14/11/2023 09:19

Market is signaling that the equity is going to be pretty much worthless.
Aimho

[steeplejack] 14/11/2023 09:18

There was never any doubt that a rescue package was going to be very difficult to achieve and experience suggested that a happy ending was unlikely.However,since the price of Horizonte had already fallen from 180p to only 20p,the market was clearly signalling that optimism was misplaced.Its a question of whether the market has already discounted the worst.Actually,we still don't know.It remains 'possible' that the iron might still be pulled from the fire but increasingly unlikely that existing shareholders will derive any benefit.I remain somewhat bemused as to why a few here set themselves up as self styled vigilantes!Very laudable.

[luckyabbeygale] 14/11/2023 09:17

It worked out well for me keeping these locked away in my cfd account that is now on 0. As my spread bets have made more than I lost here today.

[tomboyb] 14/11/2023 09:14

Any opinions on what this could possibly be worth? -

[stansmith1] 14/11/2023 09:08

even accounting for the suspect newsflow causing it to break below 100p, how bad is it that the finance package will now be starting based on 11p equity and perhaps lower...

[john henry] 14/11/2023 09:08

Luckyabbeygale what absolute rubbish you put up £200 to control £1000 worth of stock.
You just lost £200 100% of your punt.

[steeplejack] 14/11/2023 09:06

Rampers or wishful thinkers?Most were wishful thinkers.The AIM market and especially those who invest in junior mining stocks are wishful thinkers.Sadly,Jeremy Martin did a rather good marketing job of stoking optimism.Economical with the truth.

[luckyabbeygale] 14/11/2023 09:01

With risky companies like this it is true that cfd and spread betting is far safer than buying the shares.All I lost was £200 for just over £1,000 worth of shares.

[tomboyb] 14/11/2023 08:57

Will they take over for a song? -

[steeplejack] 14/11/2023 08:56

Yes,a bridge too far for Jeremy Martin.

[the deacon] 14/11/2023 08:55

Decent assets, let down by an extremely poor management team. In time honoured Glencore fashion, they'll take the keys having seen the junior developer nailed to the wall.

[swanvesta] 14/11/2023 08:53

Any reason they release this RNS just after the open rather than the usual 7am? Stinks IMO.

[strow] 14/11/2023 08:48

Good for you I am in and holding

[nigelpm] 14/11/2023 08:48

You have to ask the question "Why would anyone put fresh money in here"?

They are going to need a very good reason and a lot of upside potential.

[sandeep67] 14/11/2023 08:46

Usually a lights on placing of 2bio shares at 5p or more debt for a couple of months is the only outcome here. Buyers will see the bargain and jot the fundamentals. Another Beacon Hill style outcome, so be warned.