George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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BobbyAxelrod- Once an IPO or rights issue is completed, there are numerous ways our investment benefits the company.
The higher and stronger a company generally shows benefits to the share price..this can be advantageous to directors and staff who hold those shares....You would not be incentivised to work hard if your shares were slowly losing their value....Many companies hold back shares in the treasury for future use or released later to benefit the company...in addition, we all want to invest in companies whose share price reflects to some extent the good business a company is doing but at the end of the day, sooner or later profits are required, as valuations, are amongst other things , related to profits and the total value of the shares issued...However, as we have already seen with We work, some companies get to be worth billions, despite no profits for years...therefore, in my opinion, if the demand for shares is high, the prices of the total shares rise, assuming no new shares are issued and with SNG we have a small number of shares issued ..hence the more punters who chase the shares leads to a self fulfilling prophecy, until you get to the stage of The winners curse.I hope this helps.LP
Lazypunter - This is a genuine question so please don’t take it the wrong way.
How does buying shares outside of an initial public offering, or a rights issue, give the company funds? Surely you are only giving funds to the person who is on the sell side of your buy?
I hold SNG but haven’t been following them closely so maybe the answer is in the thread.
Thanks - keen to learn.
Frenchcafe..Thank you for your posts, which I have read..anyone can see where I am involved but I am a latecomer to SNG, coming in only a few weeks ago at an average of 35p or so..I only had about £5000 invested but it went up 550% on 20th July.>I got involved because of Rrichiethenewbie, as he entered a competition on Stockopedia..However, your post today shows that for many of us it's not all about the money, it's so much more and if SNG can deliver for men and women who we all know who are suffering,, it will be worth more than the money to me, albeit, I am interested in making money but nothing is better than knowing your investment is going to make a significant difference to those who are are in dire need of a much-needed drug. Many guys on all these BBs have no idea of what they are doing, where they have their money, many are just looking for their next trade and often have to remind themselves which company they are writing about, as they write on so many BB, they write the same SHXT , about all the companies where they are involved.
I have been in business since 1987 and it never ever ceases to amaze me how financially naive so many intelligent people are , it is often not the fault of the individual, rather it's our stupid education system that teaches nothing to do with financial matters...accordingly, we are all always learning but sometimes good research leads to good rewards but in the end, it's not all about the money, it is sometimes about the good the company we are invested in can do because one day, we will all be old and might need what SNG is now developing ..Food For Thought.LP
Frenchcafe
Thank you for your post...I have never seen 44 recommendations for a single post,
so it is heartening to know those who post here were touched by your account.
I have no doubt watching hospital coverage from ICU's around the world can
never be the same as being there and trying to relieve the fear and pain
of those in your care.....I hope you know that what you have been through
has meant so much to so many.....Thank You for sharing your experience.
Frenchcafe, I can't believe that any genuine investor on this board was not touched by your post . The number of recommendations speaks for itself.
Thankyou.
hear hear, 9 recommendations so far including mine
Amazing... thanks for sharing.
This is not just a ‘game changer’ which is an analogy, some feel is so aptly appropriate. A ‘game changer’ is a cheat or unfair advantage in ‘Grand theft Auto’ or some other ridiculous Playstation or Xbox game.
When you have stood in full PPE and witnessed fourteen people, on ventilators, lying lifeless in ICU. When you have been face to face with a middle aged woman who feels she is drowning, because covid-19 is ravaging her lungs and affecting her capacity to breathe and all you can say is, ‘you are doing fine, you are doing well’ (so inadequate). When you look into the eyes of a young adult suffering symptoms of exhaustion, fatigue and bewilderment and you find it hard to be professional rather than emotional and empathetic. All you want to do is communicate your burning desire to help them, but words do not come easy. Then you realise what SNG is. It maybe hope, it may be faith. It may be to those invested, a new house or a new car or just a little ‘sweetie money’. In reality it is life, or spending a few more days, months or years with a loved one or friend. It is facing up to this loathsome disease and saying, ‘we will not be broken’.
Whatever your agenda, do your own research.
I, for one, hope the results are good.
COPD, asthma and Covid 19 are unfortunately, a reality. If we have a few hours, days or weeks to wait for results, then so be it.
Good Luck All
This is sent to the sufferers, more so than the investors, but in this day and age, sadly we need both