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My online trade account manager tells me I can trade the sandstorm shares within my ISA on the US main market and any profit is not liable to tax, just an overseas trading fee (just a few pounds per trade). So that looks all ok and nothing to worry about. Will be buying more (like everyone else seems to be last week) and waiting for the updated resource data which should be out in May before the offer hearing in Guernsey.
Sorry. Short positions started to get closed five days ago as the SP started to fall in the same time period. This I don't understand as I thought that if the short positions closed then the SP would go up. Am I missing something as a novice investor?
So... could someone explain why the SP has gone down over the last five days when the declared short positions have closed by 5%. Am I missing something?
#PCGE here come the buyers JV with playtec @TopTradersADVFN @Rezzlejag123 @EddieMorraNZT @TunbridgeJacqui [link] …
Well I have to be honest and say this board, or some other source which I can't remember, certainly misinformed me in regards to TOR Snr's holding and its disposal a long time ago
i feel like they are a sacraficial lamb so to speak. the big boys gave them some change to drill druid. but im sure the big boys work for the big oilies.
get into production and get the cash coming in. in a few years if they mind the profits they could look to partner with someone else on druid. says a lot that they haven't gone this route.
surely they could afford to drill broe themselves now. instead of drilling in druid.
Shorts reduced massively. Now down to 10.91%