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Just had a look at their website.... my goodness... both look barley out of nappies. These guys should not be allowed to play with money unless it's
1. Monopoly money
2. Made from chocolate
Fort this was the bit that made me laugh
“We played our hand well, but we should have been playing the management team's hand when we thought through the prices at which the transaction could be acceptably completed in the context of their incentives. If we had done that, we might have been more cautious with our entry point”
Not sure who Massif Capital are but they to get out at CAD 3.2 means they sold post the news of the failed funding round in late July as CGP price was around 3.3cad for a while before dropping as low as 2.7cad in the October wash out. It's been around 4.1 cad on average basis for last few months.
So these numpties sold at the worst time possible and just shows you that being impatient costs you big time.
Amateurs.
Quady: >Seanhunter I only defend myself against those that abuse me.<
You also frequently either start arguments completely out of the blue when the board has been settled for a while or you reply to someone who doesn't hold your views with uncalled for abusive language Quady.
You temper it by comparing yourself to Slug, using the extreme to make you look normal.
Which you aren't by the way.
Hi Pinot
Their shares were in CGP but the two companies are inextricably joined now
“We owned the stock with an average price of CAD 4.5 and sold out at CAD 3.2 for a loss of 28%.”
That’s all they say
I’d say they just got their timing wrong again
Full article posted earlier this morning
Best DBW
Morning all anybody know how many shares this small company owned
https://www.massifcap.com/our-team
Pinot
:0)
looking here for the first time today, 114 posts !!!
What's happened I thought excitedly.
Then I remembered the last time I looked last night...................
2023*
I predicted there will be no bid in 2022 and I was correct. Can't see one in 2024 either - although opportunity to trade later in the year perhaps?
...block the regular use of a bulletin board?
1) Mentally unstable
2) Moron
3) Paid to stop a healthy conversation about SOLG
Zoros …. It’s Massif not Maxit but I’m sure you already knew that
Ray we’ll miss you …. See you in Q4
Shame, I was honestly thinking of loading up here but I'll leave it to Q4 2023
Shame....
Copperpot and DBW - many thanks. I'm no longer interested in the day to day machinations of this dreadful company (Solg), as I was this time last year. I 'pop in' occasionally to see if the 'paint has dried' but alas, nothing / nobody has changed......yawn.
My holding has been consigned to the bottom drawer for better or worse in future.
Regarding this article - it tells us more about what is/was going on inside Solg than the last 10,000 posts! Very interesting - and puts a number of issues to bed for me.
What it doesn't do (obviously - because Maxit Capital have pulled out now) is tell us what could/may happen in the aftermath of the CGP/Solg combine. Damn!
A very good find - thanks again.
Z
Quady remains on here because he follows the rules and he's not afraid to stand up to slug.
Sean on the other is just a frustrated trader.
Agreed quady, I read on solg how Sean worships him like a lost puppy, and he doesn't even respect Sean in the slightest.
Good morning Ortherncopper I think Nick lacked the competence to sell us cheaply to BHP.
Seanhunter I only defend myself against those that abuse me.
As you put it I am allowed on here because I obey the rules.
I am very careful to do so.
Sorry Seanhunter I read ADVFN occasionally and you support and praise him over there.
People don't need to believe me they can check for themselves.
Anyway no need for all that Sean, I understand you're frustrated, man up and deal with it.
.
‘ Nick was sufficiently disliked (in part because of his lack of a particular type of competence) ’
Anyone care to guess what particular type of competence?
You'd have no chance and I'd make a handsome bet on that. The probabilities of a win for you would be remotely small.
Quady i agree with a lot of his opinions on SOLG but despise his behaviour on here.
I also made a point of identifying him as Slug after he got Quibbles banned.
Your presence on this board is in many ways no less disruptive than Slugs, yet you are allowed on here and we tolerate you, so please think twice before doing the finger wagging act.
I disagreed with him 100% but Quibbles was ten times the man you are.
MassiveRay, Quibble had the measure of you even though oyutried to suck in with him.
He called you a "rotter" (a word I haven't heard in anger in 40 years).
He also said low life snitches and pests like you would be bent over the radiator at boarding school and given a "carbolic charge".
Me, personally, all they'd need to do is give me 2 minutes alone with you.
Thanks Copper
Here’s the link
https://seekingalpha.com/article/4573222-massif-capital-fourth-quarter-2022-letter-to-investors
Zoros, ........Massif Capital.