The LONMIN share price thread

N

Noseworthy

Expert Member
Joined
Aug 26, 2011
Messages
3,530
Gtx Gaming said:
I am also going to invest a bit more of my savings in shares.

Only reason why I stopped was the fees involved by FNB. This is not a problem with EE.
Click to expand...

FNB needs to up their game with EE on the market, paying less fees for EE is their drawcard but in all honesty Id prefer to have my shares with FNB.
 
B

bassplayer

Senior Member
Joined
May 1, 2010
Messages
747
Drifter said:
This whole Lonmin debacle has got me so interested in trading, I registered for an online trading course. Scheduled to start in Feb.
Click to expand...

I am also very interested. Which website did you register on?

I was thinking of starting a thread where we can chat about all the different resources we could use for trading.
 
J

Jehosefat

Expert Member
Joined
May 8, 2012
Messages
1,766
mmmig said:
Play the long game was my plan from the start but didn't know about restructuring thing my 600 shares going to turn into 6 :crying:
Click to expand...

But this doesn't matter, if each of the current shares are worth 21c then each of the new shares will be worth R21. So its not like you are losing any money.
 
Thor

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Jehosefat said:
But this doesn't matter, if each of the current shares are worth 21c then each of the new shares will be worth R21. So its not like you are losing any money.
Click to expand...

IF your average price is 21 cents


My average price is 30 cents so I will loose a fck load
 
P

Purply

Expert Member
Joined
Mar 4, 2013
Messages
3,999
Jeebers, I've been so busy at work, only managed to visit this page now after 5 days, you people type too much about off topic things, had to read through 20 gazillion pages of crap to get back on track.
 
Thor

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Purply said:
Jeebers, I've been so busy at work, only managed to visit this page now after 5 days, you people type too much about off topic things, had to read through 20 gazillion pages of crap to get back on track.
Click to expand...

:D
 
F

F1 Fan

Executive Member
Joined
Nov 8, 2010
Messages
5,340
Thor187 said:
I am not sure I think it it the 18th?
Click to expand...

It was approved right?

So basically we have to sell before then to at least get something back?

I have 4000 odd shares at 43c (Paid 2k). Which means after the conversion I will have 40 shares at R21= R840. The only hope is if the share price hits 30c or 40c, then your losses become less.
 
Thor

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
F1 Fan said:
It was approved right?

So basically we have to sell before then to at least get something back?

I have 4000 odd shares at 43c (Paid 2k). Which means after the conversion I will have 40 shares at R21= R840. The only hope is if the share price hits 30c or 40c, then your losses become less.
Click to expand...

I'm also hoping it goes up otherwise I bite the bullet hold on and hope for the best

If I am going to loose money I might as well stick to the train and ride it out to the end.
 
marco79

marco79

Expert Member
Joined
Sep 18, 2008
Messages
4,228
Thor187 said:
I'm also hoping it goes up otherwise I bite the bullet hold on and hope for the best

If I am going to loose money I might as well stick to the train and ride it out to the end.
Click to expand...

I have already written off the money I put into Lonmin. Now just hoping for the best.
 
You must log in or register to reply here.
Top