Sirius Minerals Share Discussion Threads

[alexios1201] 30/4/2019 19:51

Yes I was going to ask why now update on the bookbuild yet

[redirect12] 30/4/2019 19:49

At least the short position has gone from 7 to 6.5

[eurofox] 30/4/2019 19:46

so how come sky news got hold of this info?

lest we forget

[johnwise] 30/4/2019 19:33

Go look for yourself- Trades

Institution buying total app.46 million shares after close

[11_percent] 30/4/2019 19:30

The institutions were selling forward today. They were selling at 18, the shares they will get for 15p....easy money.

[joh4] 30/4/2019 19:26

Thought the placing announcement was due 5pm today? Presumably tomorrow now? Wonder how uptake went?

[11_percent] 30/4/2019 19:18

fruitfly2
30 Apr '19 - 19:11 - 38840 of 38841
0 0 0
All broker notes are useless. They're mainly used by rampers.

======

Hey...your living dangerously.....if Johnwise hears you talking like that, he will ban you from his thread, even if you have never been on it.

[11_percent] 30/4/2019 19:17

They were a SELL.

[11_percent] 30/4/2019 19:11

My dear fruity, on the contrary, Liberum are honourable City Gentlemen, and act with honesty at all times.


The explanation is that they have Chinese Walls within the organisation, so the analysists have no idea what the Investment Bankers are doing. This is completely as it should be.

Then again, they might be just a bunch of scammers......take your pick.

[fruitfly2] 30/4/2019 19:11

All broker notes are useless. They're mainly used by rampers.

[kreature] 30/4/2019 19:08

Well I don't think that you are allowed to encourage other people to buy, if you are selling, or 'forward selling'. But it's London so I guess no-one gives a whatsit ?

[fruitfly2] 30/4/2019 18:54

11% will tell you, Liberum are a load of she height.

[joseyboy] 30/4/2019 18:48

Could someone explain the attitude of Liberum Capital. They are involved in the Firm Placing and Placing and Open Offer part of the Stage 2 financing, i.e. 15p-18p. Therefore they must have known the negative effect this would have on the share price when this Finance package was announced. So why on the 25th April did they reiterate a buy note for Sirius Minerals when the share price stood around 21.5p?

[eurofox] 30/4/2019 18:42

not fussed which way things go, its only a tiny % of overall portfolio

[fruitfly2] 30/4/2019 18:40

Good to be king isn't it, pi's are just cannon fodder.

[eurofox] 30/4/2019 18:39

sounds like a good wheeze

My core holding is free carry from trading, but I actually bought some more today to participate in the open offer - mostly because I think there is a risk that the 10% of placing set aside for our participation may well be over-subscribed and that what ever we seek in the open offer will be scaled back.

[johnwise] 30/4/2019 18:34

Institution buying total app.46 million shares after close

[ppvn] 30/4/2019 18:29

Don't you rather think they were our existing CB holders buying back their shorts?

They are exchanging their old bonds for new, so it's double double bubble for them.

1. Buy CB
2. Sell short (they did most of this in the 30s and quite a bit in the 20s, kind of explains why they weren't buying back under the strike price in recent months)
3. Exchange CB for shares.

Only step 3 is now buy back short position having had no risk exposure, exchange old CB for new CB and on it goes.

[eurofox] 30/4/2019 18:22

late reported sales from earlier in the day

[pazzuzu] 30/4/2019 18:20

Any thouhts on the after hours buys, some very hansom amounts.

[costax1654x] 30/4/2019 18:15

In a few years!

[dp1umb] 30/4/2019 18:01

I’ve never heard so much sh,, in such a short space of time !

[johnwise] 30/4/2019 17:39

deanroberthunt 30 Apr '19 - 16:32 - 38819 of 38827

"The Globalist It's all part of the plan"