Funny I expected more Bass deal news this morning purely from the text of their ASX announcement that they would release a statement relating to corporate activity by commencement of trade on 4th July, which is well before LSE opens.
Might just be some delaying bluster from BSM about their trading frenzy and 100% price rise but I reckon there has to be news soon - Chairman's Statement in results yesterday said July, if they managed to get it out next week they could post a circular about… Read More
Dare we hope it but what a time if the BSM deal can complete early July.
With the pound still around 10% weaker due to Brexit the tranche 1 cash sum of AU$1.5m is nearly £850k on today's exchange rate.
Plus with BSM rallying at 3c assuming our shares are still priced at 1c as per the original proposal the AUD750 of Bass shares is today worth around £1.25m - granted that will be relatively illiquid at that price but still it's a boost.
Point taken about the tortuous path this… Read More
Record interest in one day Over 100 posts, 10300 views by 9pm! Graphmada Presentation was published at 11am, that's when the buying frenzy started. Up +150% and 57 million trading volume until suspension at 12:40! Suspension to be lifted latest by 4th July pending corporate activity.
Market cap tripled in less than 100min to $13.8 million ~£7.7m Stratmin Mcap £2.4m!
Bass/Graphmada/Stratmin post deal market cap will… Read More
Yeah I've held a few piles in my time too, this I knew was a risky recover-or-die case at 5p, didn't pile in much till low 3s and took some profit at 5 that I re-invested at low 3s.
But nowadays I usually take the time to get a chat with the CEO if possible and make a judgement on that. I'm holding on that judgement even though I didn't learn anything tangle from Brett. I just like his outlook.
And I'll only post a defence of this company when the de-rampers turn up like this morning
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