We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Fort.
Money players don't buy before 9 am. What time zone are you referring to.
Where do you get it from
You get more ridiculous by the day.
Roxi. So now it's Mr Adams fault were in the 7s.
Couldnt make it up.
Wake up mate, wake up
Pops in from nowhere to post this! Just like Citywatcher...
Clever dicks...or looking to get in cheaper...
"Perhaps it's wise to see what Solgold does first re regarding a cash call !"
Did you read the RNS Citywatcher...?
Mm's have been brutal this morning, it rises to 9p and they put a 5% spread on, now it's back under 8p
LOL Mr ADAMS , again, he spends his time roaming the Bulliten Boards trying to get in on the cheap, complete joke, recently been visiting GKP for the past several weeks, lol he is a joke
Will send this to 5p area im afraid
The RNS clearly states that we are funded at least until the end of next year. Stop spreading misinformation
Another tranche for me for what I regard a bargain at 8.20p......like I said before I will continue to add at this level or even below if I can.....opportunity knock IMHO.
GLA.
Well the volume is encouraging, the sp not so much but did not expect a miracle. Bought back in modestly in the expectation of more solid news over the next few months.
Red is that the strategic review that you kept saying was never going on and was a smokescreen and we would have had a bid by now?
Quite sickening how the mm's work they operate like a casino "the house always wins" throw the nets out opening bell and see how much we catch. I never buy first thing
Anon, because I'm an optimist, I don't think we'll get to that point. And I hope your last point is right!
Will watch how it goes today before committing any more, still seems to be a seller. holding it in check
I have seen many shares go downwards when the company is in need of some more input ( funds) and what sometimes happens is that institutions and private investors mop up shares very cheaply. Usually it's the only way a company persuades them to part with there wealth. So small shareholders just have to take the HIT ! & hope the mining company eventually delivers. Perhaps it's wise to see what Solgold does first re regarding a cash call !
Also, the real money players with deep pockets rarely trade before 9am so the real action should start in around 30mins. Going to need buyers otherwise mm's have no incentive to maintain sp and instead will go fishing.
Also, worth noting timeframes as directors bought at 9p or 10p levels not long ago so it wouldn't look great if they then provided a terrific update today would it? So think there has to be sometime before to allow for fair market otherwise it could be construed that they have suited their defence based on their own personal top up trading intentions.
Anyway, putting that aside, now they have their director buys banked... perhaps Maxit will ask his Chinese buddies to step up and swallow 10m shares?
Berry had 1.4% in May 2023 I believe, so assuming they've got away over half of those, I'd say 10m to 15m shares left. We'll start to see the mm's print some 2m blocks or 2.5m blocks soon I guess.
Blackrock sold their 5% down over a 6 month to 9 period doing it in a fashion that met with liquidity demands. Berry Street have just been very heavy handed.
Might take a while post the initial recovery as you'll have the 10% skimmers and 20% profit takers exiting. They are here for quick profit and not the SOLG ride... and that's fine.
It's hard to pick the bottom. Or at least I hope we have seen the bottom. But I think/ hope you will do well.
I added at 10.5. Personally not buying more and will just wait this out. Something with putting all your eggs into one basket.
Ray
When you have been ramping from the 30s it is no surprise he can only trade on margin………..
Just keep it a little longer below 10p so few of us including my self of course can pick up few more.....I think we just might see the tide coming back.....and if you don't really like today update you just have to look elsewhere, many other opportunities out there.....simple.
:)
Add, we already knew they have cash until June. But surely you don't think they'll leave it that late to raise?
Hopefully Red is right and we get a result by end Q1 24. Even that could be a bit late if nothing is forthcoming as the sp would surely be on it's uppers with cash to last 3 months?
I think we need a big result by the end of this year personally.
You'll know when Berry Street are almost done as the sp will be high 9's pretty fast.
Gapped up on this am's open so they might want to close that so they invite more traders in.
Still amazed that Maxit knew this was going on and couldn't find a buyer for the stock. That's the shocker. Most well connected advisors know how to get stock overhangs cleared.
Berry can of course sell at a set price so if they want to sell at 7.5p... then that's up to them. They might do that just out of spite as clear they have closed due to lack of interest in their fund and under performance.
Best to pay upfront than take out t20's big mistake - brokers know how how to play that game with their mm pals
Lol desperate to get out of your underwater T20s
Most on here hope you lose even more than you have already lost……..
The early bargains suggest you've got to pay up for 50k or more...anyone who's been out or holding back better get a move on...
Volume already over 1.5 million...