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There was a moment of horror when opening the Twitter link to VOX to see the price listed GBX 0.320, but glad to see this must be wrong!
So a P/E ratio of about 15 based on USD to GBP - not quite as heady as Tesla but probably in the realms of reasonable pending the new zone assays.
The name was my protest to not being able to view posts without a log in a few weeks back!
And that makes sense as a possible cause, probably best I avoid looking at the market for the moment given the bloodbath in my portfolio this afternoon...
I'm still very much a novice to Acquis - but would anyone be able to shed light on the small trades, like one for £12.75? HL charge £20 commission per trade, I don't know about other brokers but presumably it's probably hefty relative to the commission free which can be got now on FTSE. Very small trades like that don't make sense to me, unless I'm missing something?
A small top up at 30.5p, made sense to transfer some at a loss from GGP to this really.
I appreciate the post, having now trawled through Condor's RNSs it looks to have potential for something that I may possibly purchase a (modest) holding tommorow. Outstanding issue of not all land being owned for the permit (if I have read it correctly) may be a possible concern, but I imagine money to grease the wheels for the owners will get things moving. Also helps to see the TR1 with a massive wedge of the company being held by Jim Mellon. May the fraction of a percent I can afford get me slightly closer to what he has...
TimeForGold - it's on OMI, predicting a slide to 18p.
I think HL would tell me what to do if I tried to get 1m shares :)
The share price dips are curious, nothing said or released so far suggests anything of concern. I am, however, a first timer outside of the FTSE so appreciate it may be the quirks of AQUIS.
Imagine my disappointment the other week in splitting GME profits between topping up GGP and OMI - should have gone all in here!
My feeling on the market strangeness, we're still going through a very uncertain period and there's lots of flitting between the next big thing. I have no reason to think it, but the new strains of covid, people like Musk (Hank Scorpio based on him in The Simpsons) who probably have ulterior motives for promoting things within the limits of the law are all weighing heavy.
As for why I think the squeeze is finished, the circa 20x rise in a couple of weeks with the big boys worldwide not allowing trading (for assorted reasons) suggested the peak to me. The main reason why I got out was just not feeling comfortable with the level it was at and what was going in. For me, maybe there was more profit to be made eventually, but there was the risk of it dropping back to $3 - risk averse perhaps, bit richer for it.
I got in with GME at a $45 average and out at $335 (and ploughed some profits back into GGP and OMI). Burry is still massively up, even with the price dropping now. Whilst I'm grateful to WSB for the entry point, the squeeze even compared to VW clearly happened and I feel for those bag holders who got in at £450. Whilst it may still be short sold, GME was a speculation, GGP is an investment, I'm happy to have parked some profit here and to have got out when I can. GME was a fraught fortnight, GGP is just going through a little bump now.
I'll try to avoid looking at the price on HL for now, results would suggest no link!
All positive, based on this I've added to my (very modest) holding. Interestingly with HL I was able to buy at 1.5 despite the bid/ask being 1.50/1.65 at the time - no complaints clearly!