Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
The title of this thread and the obsession with Consuela and her dislike of JW perhaps gives an indication how bereft the thinking on Harl has become!
There seems to be an increasing level of paranoia on here - not helpful when trying to make wise investment decisions - will watch the open with interest with all the newspaper activity and with people having had time to make sense of the rebuttal - could go either way
That was some day! Lots of lessons to be learnt and money to be lost and made. I sold at 10.50p but managed to buy back at 8.46p so finished the day with 20% more shares and up about 8%
1. The Times - certainly not helpful and it had a dramatic effect on the SP but whilst I’m no fan of the paper, I’m not sure there’s any claim here, they had a story, informed Harl and printed their response?
2. I’m not sure of the rules but was surprised trading wasn’t halted when it fell more than 30% at one point (didn’t here many singing the old Liverpool anthem as it headed towards 8p at a rate of knots)
3. Lack of news meant this was like a coiled spring and in the end rumour took over - happens too easily
4. Too many assumed the Finance was a done deal, simply a matter of when. Even after today some still thinking that. What is clear is that there is tension between the Chancellor and the Sec State for Defence, how that resolves itself has yet to be seen but to discard the idea that the compromise might be 80% would be foolish to my mind
5. The real damage as I see it is in shareholder confidence, it’s been battered. Even after the RNS lots of decent sized holdings being sold.
6. If this hasn’t been a wake up call for management I don’t know what would be! The CEO getting involved in fb debates, posting pics and LinkedIn posts….. ‘while Rome is burning’ comes to mind
My thought from here is keep you trigger finger handy and know what you’re prepared to lose, this is just starting
With due respect to Proactive I think they’ve assumed or presumed here and got it badly wrong. The whole programme is at its First Stage (Concept), no decision has been made regarding costs and Bae today said they looked forward to engaging with the Government as the plans progress! No RNS from either company and no reference to contracts signed on boards