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Likely September Wednesday 4th rns to say going on sale. Monday 9th all sold... just my guess
Will they have any liquidity issues if they look to sell all the shares recently acquired? Or is there another funny way they can cash in? Don’t want to see us rise to then fall if citi look to capitalise on a trade
Very true, won’t be below 10 for much longer IMO. Do wish those bankers would come back off their holidays and sort out some bond buying.
Go on CF lad, work your magic
It’s ok, they get paid to gamble other people’s money, so if they lose they get paid, if they succeed they get paid and people usually invest more heavily when they see a few wins.
Great to see though, I’d expect a few more to buy in big at these prices
Interested in the gap info chesh
In the Whitby gazette article interview
Just a gap close, rod of a few traders who bought at 8 and up we go
IMO
There was no reason for the drop down to 8p. People panicking over the bond situation escalated.
Now trump trade war has eased and bonds more likely to be sold sooner, we should see these back at 15p very soon.
Only managed to get another 12,000 shares at 8.3 but glad I had the chance.
So many new names here all saying how bad this share is, funny, I thought this board was for investors
Goodbye shorts
I agree. This is the short closing moment. Give it a day, maybe 2, watch the reported shorts drop. They’ve made money, they’re cashing in and will likely risk a sum going long with the profits on the bet that it will now rise
He said: "It's not a cancellation, construction is still going ahead, and we plan to reissue [the bonds] by the end of September."
Couldn’t be any clearer. I like the way Sirius have spoken with local press
American depositary receipts. Not sure what they affect for lse trading
A lot of ‘new’ posters as of late like you. You are brilliant at wording this to try and create worry and act as though everyone is in this together and maybe cutting losses now is better.
Every time a large amount of you guys arrive on a share BB I always end up making money after the panic subsided. So just want to say thanks, keep doing what you do and I’ll keep doing me
The times writing as many Sirius articles as possible to try get new readers from the huge investor pool of Sirius. How desperate
Come on guys. Don’t start flooding CF with a bunch of emails, further detracting his attention from serious half a billion dollar buyers. I know it would be nice to think we can do this ourselves, however I feel we do not need to be wasting any of Frasers time at the moment whilst he will be a very very busy man with a lot on his shoulders right now
Any other DEBT financing... happy to see that. Thanks GK
Thanks. So a stronger dollar is more important. Good to know. Weaker pound would actually give us more money if contractors are paid in pounds I guess
The trump trade war and boris hard brexit have obviously been blamed.
Looking more at this, I saw the value of pound vs dollar hit it’s lowest point the day we retracted the bond offer. How does the value of the pound and dollar change our funding needs. Do we need £410 million pound, or $500 million dollars? Either way, if we raised on the low value pound, we would obviously have less cash.
Is this why it’s been delayed?
Is this them saying it’s done?
Shorts are lowering now. Great sign because if they believed this would crash and be worth zero, they would still be opening more shorts.
If we dropped over 30% on the news the bond was pulled, imagine the rise when the successful funding news comes out.
Touch wood, we are still on track with the HY Bonds as this is the best course of action for all investors, including the institutions