Talvivaar's place in my portfolio is starting to look very shaky and I may have to consider taking a loss on the company. The latest from Stock Wire is this -
Talvivaara Mining schedules FY results
StockMarketWire.com - Talvivaara Mining Co will announce its financial results for the fourth quarter and full year on 14 February.
At 2:06pm: [LON:TALV] share price was -2.12p at 87.88p
I think it may be wise to wait until then with our stop guarantee in place. I took this at 115.25 but since then the company has been plagued with problems ranging from production issues and toxic leaks. A proportion of the workforce have been temporarily laid off until the summer as production has been halted.
Talvivaar currently stands at 86.74 with a stop of 76. If it hits 76 then it will see a loss of almost £40.
No comments:
Post a Comment