Sirius Minerals Share Discussion Threads

[kreature] 30/4/2019 00:26

One thing is for sure, the tunnel from Teesside to Whitby will get built, & hundreds of new jobs will be created.

[prmoldoaks] 30/4/2019 00:11

The secret here is a deal done to production, the biggest most trigger likely to get this stock re-rated haha let's see if the shorters got sqeeky pants in the morning.

One thing is for certain a huge risk hanging over the head of this company for months will be lifted tomorrow

[dp1umb] 29/4/2019 23:45

Peteret so you think we going to test £1 tomorrow it might test 15p it might test 25p who knows? But it isn’t going to test £1

[peteret] 29/4/2019 23:26

Check out EDL they had placing today. They opened at .02 finished at .14 a six fold increase

[dp1umb] 29/4/2019 23:23

CARLA so I called it right again dilution dilution dilution!
On the plus side it keeps us ordinary shareholders in the game but as for a multi bagger I don’t think so there’s going to be far to many shares in circulation.

[natdavis667] 29/4/2019 23:18

Here is the news!https://news.sky.com/story/yorkshire-potash-miner-gets-sirius-with-2-7bn-fundraising-11707272

[kreature] 29/4/2019 23:17

I wouldn't worry too much about the share price tomorrow morning. Perhaps measures have already inadvertently been put in place to protect the share price ... eg?:
1. oops, the accidental news leak which removes the surprise or any shock for the morning. Media do it all the time when they say something 'may' happen, which usually means it will happen, it's just a way to lessen the impact.
2. the hint of big institutions taking on the risk. I doubt that would happen with 85,000 credulous shareholders to milk, but perhaps it helps to reduce selling?
So I wouldn't bother losing any sleep personally, share price probably won't move too much (short term) unless the placing price is ridiculously low - Just my opinion though

[spirito] 29/4/2019 23:01

I'm afraid I expect a red day as all that will be definite will be the placing.

[carla1] 29/4/2019 22:43

Ozz how you playing it... are you ordering the cartel on a night shift or to bed early to clean the mess up first thing..Messy floor ... get some wet wipes and nappies !!

[carla1] 29/4/2019 22:19

A lot higher than today...company financed to production..All finance doubt erased..All aboard

[richard26] 29/4/2019 22:06

Price at close tommorrow...?..

[kreature] 29/4/2019 21:56

'the share price always goes under the placing price'

the placing price could even be above the current share price Depends on when the forward dumping began - imo

[carla1] 29/4/2019 21:53

Ozz ... your working late tonight...Calm down and take your medication

[mr.oz] 29/4/2019 21:49

I don't see this being any different goose

[11_percent] 29/4/2019 21:48

and remember...the share price always goes under the placing price....


In past placings, the recipients have sold into the market......almost straight away.

[beeezzz] 29/4/2019 21:16

Tomorrow is the day then, better keep an eye on my small holding..

[pazzuzu] 29/4/2019 21:04

Well depends on the details I'd say

[11_percent] 29/4/2019 20:54

You have got to hand it to CF, he pulled it off again.

[pazzuzu] 29/4/2019 20:52

Who knows for tomorrow. If it crashes first thing buy like mad. If it rockets first thing sell like mad and buy back on the eventual pull back. Only way to go

[11_percent] 29/4/2019 20:49

Tomorrow’s RNS sure as hell better include a Walt Disney style story about the main capital package, otherwise expect a panic to the fire exit!

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It does......add £2.3 billion to your £1 billion existing MK.

[11_percent] 29/4/2019 20:38

Pazuzu
Yup. 2 billion @20p
More at less

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Plus more CBs??

[ialwayswinatmonopoly] 29/4/2019 20:38

The current mkt cap is just over £1bn and tomorrow they will announced a placing to raise £400m (percentage discount tba). So for the benefit of all the domestic investors out there that means that unless you are prepared to sink another load of money into this and take up your rights you will be left with about 65% of your existing value (subject to % discount of the rights issue). The bigger the discount the less your existing holding will be worth. Since when was a rights issue ever any good for existing shareholders?Tomorrow's RNS sure as hell better include a Walt Disney style story about the main capital package, otherwise expect a panic to the fire exit!