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No director buys from Mather then?? Anyone heard from him? You'd think he would be dipping in his pockets too?
Perhaps he'll do so but via DGR via equity raise on DGR?? Another cheap way to line his pockets.
Something bit fishy going on... anyone else think a low ball is landing soon?
Proving it, however, isn’t
The great news is it really appears to have put a rocket under the share price! Cough, cough.
Now the directors have had their cheap fill, perhaps the chinese get the green light to buy it big at these levels?? Maxit... it's now time to see how good you really are as SOLG are under attack and market is looking weaker by the day.
I siad a while ago that I was surprised the Chinese had not added to their holding considering the fact that they loaded up in the open market with price in the 16's and 17's.
So either they like the fact the price is falling or they are a contributing factor (eg selling a few) or both or they are just waiting patiently? If they have had a change of mind over the asset, it would still make sense for them to bid for it knowing that a low ball would likely be countered by BHP or another. I thought that was why they took the 6% equity slice in the first place.
Director buys welcome, but what we really need is Chinese to be buying 20m or 30m shares and keep whoever is trying to push us down at bay. But then perhaps that doesn't suit their plans either?
SOLG feels like it's under attack. Directors know it. Only downside to directors buying is that there MUST NOT be any major news due or negotiations underway as that would prevent them from doing so... but the lines are a little loose around that area and easy to blur when required so not too worried about that.
If you are the director of a listed company, and have knowledge of a forthcoming bid, and then buy shares in the company (whether a closed period or not) you are going to jail. It really is that straightforward.p
Ortherncopper
It could be either I suspect.
They will know behind the scenes what is going on and why potentially might happen but if that was the case and a bid was likely I would habe thought the director who bought 66k would have begged stole and borrowed to buy multiples of what they bought.
Let’s face it, where money is concerned anything goes and the city isn’t the most honest of institutions
Good to see Directo buys but someone is gunning for SOLG at the moment. Could be a number of parties but Directors showing some fight which is good.
What was that push to 9.5p all about ?? Seems like a constant effort to crush SOLG share price right now.
Classic pre bid action if youn ask me albeit based on the hostile approach kind.
Time to fight with some credible news Scott.. not just loading up personal share holdings and taking advantage of the dip which ironically is partly down to yourself and team.
DBW, agreed. I'm delighted he persuaded his wife to let him have some more!
It's obviously an encouraging move, despite Orthern's attempt to pour cold water all over it.
Apologies, he has bought 0.2 of what I said previously. i.e. he just bought ~£100k.
But he owns a lot more of course.
Less a classic pre bid action..... more a transparent attempt to hold up the low price by trying to show confidence..
ToS, indeed, it indicates we are not currently in a closed period.
Thank you. that's a good sign
Galapagos
SolGold plc (LSE & TSX: SOLG) has received the following notifications in respect to trading by Directors and a PDMR in Ordinary Shares of £0.01 each in the Company ("Shares").
Scott Caldwell notified the Company on 6 October 2023 that on 5 October 2023 he had acquired 790,000 Shares at prices from CAD0.18 to CAD0.21 per Share for aggregated consideration of CAD157,243. Following this acquisition, Scott Caldwell holds 19,407,244 Shares representing 0.65% of the issued share capital of the Company.
Liam Twigger notified the Company on 8 October 2023 that on 6 October 2023 he had acquired 750,000 Shares at a price of £0.099 per Share for the total consideration of £74,250. Following this acquisition, Liam Twigger holds 1,143,137 Shares representing 0.04% of the issued share capital of the Company.
Chris Stackhouse notified the Company on 7 October 2023 that on 6 October 2023 he had acquired 66,500 Shares at a price of CAD0.185for the total consideration of CAD12,302.50. Following this acquisition, Christopher Stackhouse holds 66,500 Shares representing 0.00% of the issued share capital of the Company.
Absolutely DBW. Another nail in the coffin for the production dimwits
Agree it’s a positive sign, but to suggest its pre bid action amounts to an accusation of insider dealing.
Where is the link to the RNS?
1984 ….. remember being sneered at when we suggested the low price might actually suit the BOD ….. then this (not so) mystery buys on the TSX last week
Jobs for the boys??
Anyway it’s a positive sign
So it was Caldwell who caused the 20% spike buying in Canada the other day
Classic pre bid action
Hooray!
Scott bought £475k which isn't the worst sign in the world for SOLG!
Board buying shares.
RNS
Directors buying