Jogonson
28 Apr 2018
Re: Placing Yep. That is the only possible positive connotation that I can think of. If it is brown paper, we would be wise not to push Rufus as he cannot possibly explain it and could get into deep water however it is his job to find ways around these things. If good news follows very quickly then this could be acceptable (not from people who’s stop losses just got triggered) but why at such a low price? The price, the timing just does not make any sense. Some talk of a group being formed over at LSE with a view to forcing an EGM. Don’t think Rufus should resign but solid clear answers are required as well as a pay cut. Need someone to group real concerned shareholders together.
Peter Pig
28 Apr 2018
Re: Placing Hopefully this will be for a brown envelope payment and then onwards and upwards, probably a good time to buy!
Our Haven
27 Apr 2018
Placing Cannot believe that this has happened. How can Rufus stay in post, hope others agree with me and vote him out at the AGM.
theprior
27 Apr 2018
Re: Placing Could be worse, you could be in XTR!!TP
Peter Pig
27 Apr 2018
Placing I thought we were supposed to be selling $300,000 worth of coal per month, Rufus has been telling fibs!
Andy Best
27 Apr 2018
Raising Talk about being had over
Our Haven
14 Apr 2018
Re: rufus you need to hand in your cards Have they posted a date of the AGM in June? If so it is well hidden on their website.
one4all
13 Apr 2018
rufus you need to hand in your cards let someone else do the job.See you at the AGM
one4all
29 Mar 2018
Re: seriously, they need to sign some co... been saying that for a year now.. a proper gorilla. someone who isnt frightened of hearing the word , no
Our Haven
28 Mar 2018
Re: seriously, they need to sign some contra... I know that the word salesperson is a dirty word these days and it is dressed up in many ways but if a company ever needed one, which they nearly all do, it is this company. Closing contracts is a great skill clearly no one has at Edenville.
one4all
28 Mar 2018
seriously, they need to sign some contracts or get rufus out and someone else in who can
Jogonson
21 Mar 2018
Big ole trade Big trade went thought at 16.28. A mahoosive trade in fact. A few notes about this. This would not have sold at this price or anything above 0.50p if it was a normal trade. As it is the exact size of the Spreadex holding it is VERY good news. Why? Spreadex will allow you to short EDL but they need a large amount of shares from you in order cover themselves in case your short goes against you - in which case they take your shares - that's your collateral. So they borrow your shares in order for you to short. I have no idea how they make the short position, but I assume it is directly with the market makers, who will try not to allow the price to go sky high but it is always a possibility. That's why they take your shares. When someone closes their short, they then take the shares back from Spreadex, assuming they still have them. If they have lost out on the short then Spreadex will simply sell them to get paid. So whatever has happened, someone has just closed quite a large short. To be honest they have made quite a lot of cash since that short was opened around what? 1p? So they are probably calling it a day here and taking profits while they still can. I wonder why they are doing now when they could have done it at around 0.40p? It points to a very large rise in the not to distant future as the lid is off. Good times ahead.
Our Haven
21 Mar 2018
Weak Buy Still no butto
Our Haven
21 Mar 2018
Re: All points up Changed to weak buy and topped up as it seems to be on the move doing what I said I would. However for some reason no button to press so once I submit this will look for the button.
Our Haven
21 Mar 2018
Re: intereting SansioneI see your problem, lucky to get that back 10 years from now! I paid 70p which I would expect it to pass and then some on any major contract news. I suspect after holding for 10 years and seen many false dawns, you are not about to buy and hope to see your profit/loss point reduce.Good luck
