The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Lanstead at it again?
No PI’s will be selling right now.
@ H5O - I hope they are teaching them how to dig and run a wash plant!!!
Cekim
these credit type facilities are everywhere,
like on tm1,after todays rns,you could buy and buy all day,but the sp wouldnt budge an inch past 0.70p......no doubt,atlas offloading
We await next news RNS. I don't think long term PIs would be selling so have to assume Lanstead kicking a few more out.
Interesting thing from the Lanstead RNS is the company will be receiving monthly payments. So... the insiders in the company will roughly know how much is being sold based on the payments they receive and a quick calc of the average SP in the month. Text from the RNS.............
"The £1,767,000 gross proceeds of the Lanstead Subscription will be pledged to Lanstead by the Company pursuant to a Sharing Agreement with Lanstead. The Sharing Agreement, details of which are set out below, entitles the Company to receive back those proceeds on a pro rata monthly basis over a period of 24 months, subject to adjustment upwards or downwards each month depending on the Company's share price at the time relative to the Benchmark Price of 0.2533 pence per share. The monthly settlement amounts for the Sharing Agreement are structured to commence approximately six weeks following Admission.
This is where we will see how corrupt this is . There is only 4k diff with sells and buys. A lot of buying after the 6% drop but still no change .
Snapped up some more. Can't see it going any lower than 0.3399...
Increase in shareprice benefits all parties holding shares including Landstead as far as I can tell with the deal structure.
God of HF
Why did they sell 200m in the 1st few months of the deal, if they wanted to benefit from a SP rise.
I had a post removed (no doubt due to ORR censorship) when I stated that Bob (the CFO) was wrong when he claimed Lanstead would have to declare every 1% they sold, I was correct he was wrong.
Make no mistake Lanstead have sold far far more shares than they would have done at this time, that is why they do not declare.
Contrary to their waffle on their pathetic website they sell shares to cover payments, if they wanted to benefit from ORR's success then why sell any shares at all.
This matter will not go away however their messing around provides opportunity to bag cheap shares, eventually as the months pass they will increasingly be out of the equation.
AIM is unregulated so they can do what they want. That is how the SP gets played so much.
Hawaii can you explain why you think Lansted wouldn't want the share price to rise? I'm not sure I understand because my view was that if the share price goes up both Lansted and Oriole benefit.
My assumption on the lack of RNS from them is that there must be a legal loophole that means they don't have to because, again, it wouldn't benefit them to break rules or the law
It looks like Lanstead at 'at it' again, the market makers were offering a generous sell premium quite recently and it was nigh impossible to buy around the same time, that situation is currently reversed.
Still no TR1 from them, now nearly 4 months on, totally disgraceful, ORR management do not appear bothered which I find more than strange, they clearly read these boards and are happy to 'act' with critical posts from shareholders but they must be aware Lanstead have traded through a number of declarable positions, a simple email from them (to Lanstead) reminding them of their responsibilities would suffice.
You can bet your bottom $$$$ Lanstead have probably dumped 500m of their 1 billion shares at this juncture, they know if they inform the market the bulls would charge and the SP appreciate strongly IMO.
All one can do is use the opportunity to acquire shares at current levels, the new floor seems to be around .35p
Hunniford/ckim
i think its geopolitical enduced.
israel didnt escalate with iran
ukraine got its aid
the oil price asnt shot up
so the gold price has drifted $40 lower.....sending goldies with it
Whos doing all the selling today?
Can't be Lanstead they've nothing left to sell. Oh wait how do we know that when they've not disclosed anything yet!!!
Worn record but the sooner ORR start generating income and then a share buyback the better for all of us! Alternatively, at this stage, a reckless takeover offer might suit all concerned. 3p would be wonderful! Might sound fanciful but it could be a bargain price depending on what's in them thar hills. GLA!
@Troaj I'm an electronics kind of guy so let's hope your alarms are good!!
Orr are often fond of a Monday morning RNS so maybe they have something decent in store for us next week. Otherwise it is just a case of waiting and seeing what comes next. BOD with significant skin in the game will be as keen as some of us LTHS to see us moving into .5 territory, shouldn't take too much to get us there but then most likely Lanstead will be back. The mystery surrounding the Lanstead holdings continues and adds a certain amount of drama to the story!!
That will disappear at 4.30. LOL
Sort of Blue!
Hunniford
well,my jobs in banking,me and ronnie are after either a shooter,or a getaway driver.
if you interested.lol.
I still have some Sir Jimmy Saville memorabilia, not sure how much that would fetch. Now then , now then!!
You could always sell your old gold medallion if your clubbing days are over! That would be ironic!
Anyone know what a kidney goes for these days? I'm trying to figure out how to raise cash to get in here :o)
To be fair I'd probably have to offer a discount on mine, it's been well used!!
Ha good point Troj.. but someone has the mop out here, fascinating to see how this plays out. Current MCAP is seriously undervalued. If only i had the cash.....
Dont mention the word ships on here
you'll set kutzzzz off.
STARBOARD AHOY BOSUN.LOL.
Someone is totally coining it in here with buys, ORR leadership keep a tight ship but is the sieve about to leak?