My Online service (Halifax) has said that they no longer allow investments in MTR due to new regulation.
"b) A new regulation called PRIIPS applied from Jan 2018 which requires manufacturers of certain types of investment to provide a Key Information Document (KID) to customers before investing. This key document outlines important information about the investment including its risks and the costs. Weve assessed all of the stocks available via our service and concluded that this / these particular stock(s) are caught by this regulation but do not have the required key documents available. We have therefore restricted these stocks from further investment via our service though existing holders can continue to hold them until they are ready to sell."
Have to agree with Noville2 on this one. While similar commodity companies surge, this lame duck hovers at the 2.3p mark (or less). Justified or not, it makes for a very poor investment. Patience is a virtue but we are not all saints.
What was your entry/exit price?
I have been watching a few years now and got in at an average around 2.1p
Their shrewd investment strategy attracted me to them. I know you think otherwise so was interested in your view.
Share price is being deliberately held down, larger buys instantly being matched with sells. MTR way under valued just on the basics imo.A lot will be happening early next year, wonder what the trigger will be?
Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR) was notified on 16 November 2017 by Metal Tiger plc (LON: MTR) that following the issue of 16,000,000 ordinary shares of 0.01p each in the capital of the Company ("Ordinary Shares") to Metal Tiger Plc, pursuant to the exercise of warrants, which were admitted to trading on the AIM market of the London Stock Exchange today, Metal Tiger Plc now has a beneficial interest in 50,400,000 Ordinary Shares in the Company, representing 9.77% of Thor's issued share capital.
MTR sold their remaining stake in GGP today. 95 million shares at an average of just 2p is 1.95 million quid. Big bucks for the initial outlay!
I may be wrong but there is only one company I want to hold in a GGPvs MTR comparison. Especially when MTR had a guy on the greatland board and they still sold out just before the newmount 6 months is up...
Are the only serious believers in this stock.
Like us all I have loads of holdings many very speculative as my personal finance/life/property is quite conservative so its how I choose.
I am simply baffled how low the price is here when its cash flow/ balance and future prospects are so promising.
I await to see the rise here whilst still researching for the mext SOLG,GGP which I have reaped rich rewards.
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