The LONMIN share price thread

[The_Ogre]

75c

 

[DrewChan]

Price is barely moving, I sold at 75c and am waiting for a drop that just isn't coming (to buy in again)

 

[Purply]

I have a different issue, if I buy more rights now then I won't have enough money to buy the actual shares when I exercise those rights

Transfer them to me, I'll buy them all

 

[R13...]

Transfer them to me, I'll buy them all

He should sell them to you at 30c

 

[Purply]

He should sell them to you at 30c

Nothing wrong with that.

 

[R13...]

Nothing wrong with that.

I will take a 10% referral fee off Ying

 

[The_Ogre]

Transfer them to me, I'll buy them all

I wonder if that's actually possible.

He should sell them to you at 30c

YingYang's Lonmin Share Wholesaler

 

[The_Ogre]

I will take a 10% referral fee off Ying

For each referral I'll give you one share!

 

[R13...]

I wonder if that's actually possible.

YingYang's Lonmin Share Wholesaler

Some rights are transferable but I see nothing in these to suggest they are. So the only way you could do it is him paying you and going on trust you'd use the money to buy the shares and transfer the proceeds to him when you sell.

 

[TofuMofu]

I have a different issue, if I buy more rights now then I won't have enough money to buy the actual shares when I exercise those rights

Wait wait wait...

The shares I bought on EE, are those "rights" or actual shares?

 

[The_Ogre]

Wait wait wait...

The shares I bought on EE, are those "rights" or actual shares?

The non-1c ones? Those are shares (though some might argue that its acually a CFD)

 

[Datura]

Wait wait wait...

The shares I bought on EE, are those "rights" or actual shares?

If they cost you 1c then they are rights...

 

[Hamster]

Wait wait wait...

The shares I bought on EE, are those "rights" or actual shares?

The ones at 2c? They are rights to my understanding from the guy on the phone. So when 8 Dec comes you'll buy those shares at 21c each

 

[Purply]

The ones at 2c? They are rights to my understanding from the guy on the phone. So when 8 Dec comes you'll buy those shares at 21c each

^^

 

[thehuman]

The ones at 2c? They are rights to my understanding from the guy on the phone. So when 8 Dec comes you'll buy those shares at 21c each

Am i thinking right share price will fall when lon flooded with converted rights?

 

[Hamster]

Am i thinking right share price will fall when lon flooded with converted rights?

Think this is the reason the price already fell to 30c. But this is not my area of expertise.

 

[The_Ogre]

76c

 

[Datura]

76c

Thanks

 

[techead]

75/76c

 

[techead]

Lonmin Plc (LMI) Stock Rating Reaffirmed by Macquarie

http://www.dakotafinancialnews.com/lonmin-plc-lmi-earns-neutral-rating-from-macquarie/691504/