George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Beat = vest, sorry autocorrect
Hi Sirius, thank you.
It’s not that I would have preferred to be top of the market, but let’s say you get ‘given’ 2 million options, you hold until they beat, probably in chunks over a period of years. One day the SP jumps, and you want to buy a house, my first exercise netted me £300k which at just 10% tax is more like earning £600k. You think to yourself, I can buy a house with that, not, ooh I wonder what the SP will be tomorrow. So you speak with your mate, the CFO and ask them to approach the broker to find a buyer/buyers which they do, a price is agreed and then it takes a while to fill. In my case the SP went up by 200% in the following weeks, did I care? No! I had 300k in the bank, cash and another £2 million worth of options by then.
Sparticus12, Excellent advice.
You obviously haven't been watching the price all day, as it went below that this morning, which wasn't a problem and not unusual, very good sign of strong sentiment in this share, stop worrying hold your nerve, of just take your profit and run, you wont persuade my approach either way, if your nervous hear, you want to get in too the mining, you would faint most days when the mm play there dyor... I am going nowhere... it's going to get lively hear, try the read the feeling, and do as much research as you can, read every post, even the *********s, you will start to no who to trust, and also don't get carried away, work your plan/goal out and try to stick to it as much as possible, easya said than done, ultimately if you can try and work out a sensible value for the company, again very very difficult hear
I think the company will **** 2 billion with the test, and double that know if they can get the affirmers to block the virus duplication process in the body, once people pick up on the precision cancer pipeline 10+ billion on a cold winters day
And wouldn't be surprised if alot more.
The only glaring problem with that is the IFs so let slowly tick them of and all makes some money imop
Thanks for sharing seethreeIPO. Out of interest why would you not wait to exercise the options at the top of the market?
Themuir,
Plse read post 1919hrs.
Shorter out to disrupt
The market doesn’t close at 1630, the closing auction commenced at 1630. Jesus
Hi Guys, just to clear this up. The closing price is 202, the 177 late print is in my opinion and as someone who has sold literally millions of shares via options vesting (hence my user name) this is likely to be the people exercising their options, which is usually done directly with the corporate broker, in a highly personal agreement between two parties and takes a while to fill, makes sense. And no, don’t worry that someone exercising their option is a bad sign, we’re talking about serious amounts of tax free money here, which if you’re an underpaid phd is a massive windfall!! I did it many times and never at the top of the market.
Cheers
how would you ever know the LSE price is wrong what are you comparing it with
Haha blade.. I've read the LSE finishing prices before and they have been wrong too.. (not this lse).. I dont know who you think you are advising me where to put my money..I know where can you stick your advice though and it's not the bank..
I'm very happy with my investment here thank you..in fact my PF is bursting! Life changing too.. w*****r
That order could have been going for days, and no one nows if its a buy or a sell
Buuuuuuuuuuuut the share price was never as low as 177 today. in fact it didn't drop below the 180 mark from what I can see.
That's why it looks so odd. Could it have been a big sell at the bottom of the dip that went through lower than the reported daily low as it was reported late? Possibly, but we don't know for sure.
Previous message is for shorter, the man that can't spell his name lol
They are late reported trades from earlier in day. Market closes at 1630hrs.
Close 202p as stated by others.
If you don't understand this simple thing then I suggest just put ya money in a building society
Just thinking the MMs had some pants down..a couple.of £10k buys and £25k buy too all at 200 plus near the bell.
It doesn't really make much difference but that's 13 % swing after hours..I can't see that happening but it's a funny auld game