The LONMIN share price thread

Thor

Thor

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Hamster said:
Probably won't move much till the rights issue is over.
Click to expand...

True. But I cannot wait anymore :sick:

I want to get out.

Side Note:

How will the dilution effect us who did not take the rights issue?
 
T

Toothless

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Thor187 said:
True. But I cannot wait anymore :sick:

I want to get out.

Side Note:

How will the dilution effect us who did not take the rights issue?
Click to expand...

Yep, I too want to get out.

When the share hits the 24c mark again I will be buying out today. I will take the small loss on the brokerage fees.

Wanna move my money to the NYSE early next month. The SA investment market has basically crashed, and I do not see it standing up again after this year.
 
Thor

Thor

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Toothless said:
Yep, I too want to get out.

When the share hits the 24c mark again I will be buying out today. I will take the small loss on the brokerage fees.

Wanna move my money to the NYSE early next month. The SA investment market has basically crashed, and I do not see it standing up again after this year.
Click to expand...

I want to get out with a "decent" profit, because I really really want to explore the forex space whist I am off.

But I don't want to use my own money :D

So lonmin needs to fund me

Edit:

I'm looking for that R1 mark, I know lonmin can do it, we jsut need to believe, but in reality I'll probably jump at 80 cents.
 
Drifter

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Thor187 said:
I want to get out with a "decent" profit, because I really really want to explore the forex space whist I am off.

But I don't want to use my own money :D

So lonmin needs to fund me

Edit:

I'm looking for that R1 mark, I know lonmin can do it, we jsut need to believe, but in reality I'll probably jump at 80 cents.
Click to expand...


I was really hoping for R2, but will also bail at 80c, must just be before the 16th when JSE closes.
 
T

Toothless

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Drifter said:
I was really hoping for R2, but will also bail at 80c, must just be before the 16th when JSE closes.
Click to expand...

I really doubt that Lonmin will see the 80c mark again. In fact, I will be very surprised if it goes back to 50c.
 
Thor

Thor

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Drifter said:
I was really hoping for R2, but will also bail at 80c, must just be before the 16th when JSE closes.
Click to expand...

Me to, but I hate this, I do not know this market at all so I have nothing I can use to justify what I am doing, I've always swear I will never trade commodities, so I want to take a profit and GTFO back into markets I do know and understand hehe.
 
shooter69

shooter69

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I will stick it out till end of Jan when Lonmin has had its annual Shareholders meeting and production report. I want to see where this company is actually going.
 
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