Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Rns doesn't sound good to me...
'Another biggie' - you mean another bid drop in the share price?
WTF is going on here?
Like I said before should we vote in favour of ALL the resolutions… or what is it that something doesn’t simply work when diamond prices have been up and up (Someone selling diamonds in coffee shops - as I’ve seen people doing business in restaurants). Everyone would have expected a good return here; not your investments being killed. Or at last can someone sort things out and make investing in shares to be available for institutions and funds only .
On June 2nd 2021 GEMD closed @ 75p and management were given the authority to repurchase up to 14,016,955 shares.
One year later they have purchased 1,415,745 (and these have not been canceled ?? ) having sat on their hands November through March when the average closing price was ~49p. Purchases only started in the 3rd week of April 2022.
Clifford will probably mutter at the AGM that he doesn’t understand why GEMD attracts the lowly valuation that it does.
I’d respond either
a) it’s his job to ensure that it is not mis priced and he has been an epic fail or
b) it is correctly valued.
In either case he is not worth his over inflated remuneration package of £1,006,724 (2021). No doubt he will be looking a cost of living increase.
Maybe they mining higher grade ore now as been in the lower grade stuff for a wile. Hope so share price needs a boost.
Good to see. Of late there has been a big stone drought.
Far from selling now, Greeno… - Dear all, please do not leave your shares unvoted. The market capitalisation is ridiculously low that's why I will not be in favour of all the resolutions. Yearly increase of diamond prices and value from 1960 to 2019 is +14.47%. Just to compare: In 18 March 2014 full results the revenue was 212.8, the share price was 169p. Last year revenue: 201.8. Unless you're really a day trader (if I may put it this way at all), do cast your votes. It all may matter- you never know.
Dave the horse has now done a u turn and is now de ramping, you couldn't write it... Lol.
Dear all
If nobody sells shares for next 2 weeks you get a dividend and company will buy them back at prob 70p by then
**** my cover has been blown! How did you guess. One thing for it, Im off to drink some more red wine, as everyday is a redline day, and I can now switch to that great profit making company ECO instead, more value there, my glass of red tells me. LOL
Is that you Clifford?
so many negative posts? I am a Long term shareholder. The company were not going to really buy back shares, well guess what they have, the company makes money and is very well run, pays a dividend and has a great asset, why so many negative posts, just don't get it. So undervalued, but negative posts don't help!
I''d propose an AGM motion to buy Clifford an accordion ..
https://www.bbc.com/news/world-africa-61097386
In the 40p range be my guess some one please buy this management out. So I can move on. Lol
Imagine where the SP may be without the buys backs...
Share buy back seems to be working well???? Guess we be having an offer for company soon. some one does not want share price to rise. ????