Conversion is a@67p at the moment LMI… XXXXX Took a slice on a limit alert @ 55p went stait through ( D ) 55.35p … Did not look at trade history but best i could see after .
Conversion is a@67p at the moment LMI… XXXX Again it has fallen back to mid 40s since but on the way up again zac mir could see 70p yesterday .
Conversion is a@67p at the moment LMI… XXXX Been going up lately bigger rise today 60p now .
Conversion is a@67p at the moment LMI… XXXX Sliced that half limit buy of 27th may ( 41.5p ) for a limit set at 47p . ( approx 14 % ) ( Last slice was approx 12% ) Still above my core holding .
Conversion is a@67p at the moment LMI… XXXX Surprised to see my limit sell order lifted for the few i bought 6 days ago . I see it dealt in the close auction period again and at 40.24 ( 0.24 ) above the sell limit. On a trade history i saw there is a very large sell showing @ 40.25 p at same time so i am guessing this is in fact a big buy. It shows the trade type code as PT but i can see no definition of that code ? .
Conversion is a@67p at the moment LMI… XXXX I took limit order to buy off ( @ 37p ) i am very overweight here and it keeps going lower and i already bought four different shares today.
Conversion is a@67p at the moment LMI … XXXX My feeling to top up again 8 days ago , was a good idea ( it did not lift ) Its up to now. Ratuss on LSE is posting he has called this correctly stating the risk of take over failing has not been priced in .
Conversion is a@67p at the moment LMI… XXXX Bounced off lows of 38.5 p today and finished up .
Conversion is a@67p at the moment Some compensation for the families of the Lonmin miners that were killed:- BBC News Africa Live: Barbecues 'fuel Nigeria deforestation' Much of the charcoal imported to the UK is not believed to be from sustainable sources as claimed - and more stories. The Buzz
Conversion is a@67p at the moment LMI… XXXXX At new recent lows 39p today .
Conversion is a@67p at the moment LMI… XXXXX Do not think i logged this last buy ?
info IC 18 MayLonmin on a knife edgeIs Sibanye-Stillwaters acquisition ofplatinum miner Lonmin (LMI) stillon the cards? According to Lonmin whose interim results this week painteda picture of a company in survival-mode the transaction is set to complete bythe end of 2018, following submissions toSouth Africas competition commission inMarch, and UK authorities last month.Given the platinum sectors unprofitability,the watchdogs may be mindedto wave the deal through, following thelead of the South African Reserve Bank which oversees exchange control regulationsand on Tuesday gave Sibanye itsassent.Others are less convinced. Last week,analysts at Liberum Research publisheda note forecasting that Lonmins currentrate of cash burn will push it into a netdebt position before the end of the year,scuppering the proposed merger before ithas a chance to complete. Sibanye chiefexecutive Neal Froneman has said that hiscompanys shareholders will only approvethe deal if Lonmin can remain in a netcash position, after repaying a $150m termloan.On recent evidence, that conditionlooks set to be tested. Despite a 27 percent increase in the dollar basket pricefor its output, Lonmins net cash deterioratedto $17m in the six months to March.The company maintains that this figurewould have been in-line with the $63mon the balance sheet at the end of theDecember 2017, were the net cash positionnot impacted by the need to lock-up$47m of cash for a smelter outage.􀀝 As such, assurances that net cashwill stabilise may fall on deaf ears, particularlywith Sibanye shares off 40 percent since the deal was announced. OnLiberums numbers, Lonmin has a negativenet present value, and requiresplatinum prices to rise 10-15 per centbefore free cash flow is possible. Thatsa dire situation. We recommended sellingLonmin more than a year ago, whenshares traded at 87p, and still believeshareholders close out their positionsrather than take on Sibanye shares
Re: Topped up again Picked up some more Friday About 1/2 off 41.5p buy limit lifted ( D )
NEW ARTICLE: Trends and Targets for 25/05/2018 " FTSE FOR FRIDAY (FTSE:UKX) Something interesting happened with our "private" FTSE projection for Thursday as we'd given a bottom target at 7707 points. FTSE Futures hit 7707, crucially not going below. Firstly, it tells we were watching the ..."[link]
Re: update??? Agree. Bought in today drop looks overdone to me.GLA