Massive surge means from 2.45p christmas eve to 11.5 p today so why no interest here.
That surge is ongoing and 14/15 p expected soon.
I have been reading about this company and the industry. According to BP, green energy is growing some 7.9% per year.
Fair price for a company with many shareholders holding stock undervalued at around 20p, is this a quick march up to the battleground?? or is it a false start
In my relatively little experience of the stock market (since 2008 crash) I have not seen a single placing where the placing price has been the actual price of the share on the announcement day.
The important thing to consider is the percentage discount. So in this case, its about a 25% discount which is not too surprising I guess. If they'd have gone in at a 50% discount I'd have been _more_ annoyed. Don't get me wrong, I'm annoyed about it, but equally, if an investor is taking 60 mill shares they are bound to want to , and be able to, haggle the price.
There's no right or wrong answer I beleive. It's just a case of making the best informed judgment with the info we have to hand and from experience
Time will tell!!
The equity issue is a pain in the balls but I still have long term faith here... If the institutional investors are willingto pay 1p then so am I. But I am not happy at all with the way this issue was not conveyed in the conference call.
He should stop treating shareholders as kids and just tell it to us as it is rather than sugar coating the bad news. Shareholders would appreciate a bit of straight talking. We are all adults and we can take it!
If he'd have told us about the issue in the conf call then it wouldn;t have been a shock yesterday.
I think what shareholders here are really yearning for is a bit of honesty and transparency.
So we had a conference call yesterday which caused a momentary rise in share price which dwindled in the afternoon. We've had a mix bag of news and a shareprice which has done nobbut decline for 2 years. Shareholders are getting pretty fed up with this and there's a big variation in opinion. It's hard to sift out the wheat from the chaff.
Feel free to debate the share price (currently at 1.067p) of Red Rock here.
what is going on with the SP over the last 2 weeks? we were posting good gains last quarter!
Seems like someone from Investec has joined the board as a non exec...
CFC seems a screaming buy does anyone know what the firm will do with all the cash they are hoarding. How tricky is it for companies to get cash out of China?
The inital proposal prior to planning has an excellent location for the potash mine showing huge regard for the environment. The key element is an export pipeline moving ther potash outside the Yorkshire National Park for processing. The formal planning application should be successful.