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This baker guy also has 32 million options in ASX MRQ METALS I THINK THE OPTIONS ARE AT 2 OR 3 CENTS AU BY DECEMBER 2020
it is very interesting. kenny sold out at $0.13 in May - share price spiked to $0.55 in Sep and is currently $0.26 - and he was on the inside! now he's seemingly gambled the lot in RMP. does he know what he's doing?
Would be nice to be well in the 1s before the announcement is made
.....you wouldn't chuck 500k on the table lightly, so keep your eyes peeled boys !!
yep, that looks to be him. he sold the majority of his Mithrel shares in May-20 and raised AUD 500k. the plot thickens .... nice research Swify
are we talking Kenneth Baker of Mithril Resources Limited (ASX:MTH) - Company Secretary & Non-Executive Director ?
A deal is coming but what will it be.
Baker seems confident enough
..wonder if he has had a nod and a wink
10k is nothing that Australian last Friday put $500.000 AU down on this bet !
Is that a £10k buy just popped up
Lose half your money or 3 times your money in the short term
Of course x 20 if they ever had a project that found oil...not likely so all about timing and getting out
in just under 2 months this could be 4P to buy if they get a oil project .
A big gamble with a chance to lose half your money but treble it on the flip side
1p to buy now
What am I buying though?
Ignore
Wrong thread
15:39:07 0.38803 40,000,000 155.21k
the cash shell rules relates to AIM only (i think), so it could be that shares can remain listed on ASX - unless they have something similar. however, my understanding was that, historically at least, the majority of the trading volume went through AIM
"500.000 Australian DOLLARS AND THE COMPANY ABOUT TO DE LIST WHO WOULD SPEND THAT SORT OF MONEY The register is very small and now with this person holds 6% that only leaves 30% retail witch is about 160 million shares for retail".....someone who knows it isn't going to delist. Why go to all the bother of being a cash shell just to force a delist. ?
Their could be more Becoming a substantial holders they have 3 months to report it the the ASX so who knows
surely a serious investor would do it through a company or some sort of vehicle?
can't find anything at all. however, the address the kenny gives on his form appears to be a 2 bed rental apartment. he might be using it as an office, but suggests he's a private investor? however, its not what i was expecting for someone who just 'bet' AUD 500,000 on RMP. W T F is going on?
he invests in other stocks before and owns property in Australia
Morning,
Does anyone have any information about Kenneth Baker?
I am struggling to find his profile/bio/etc.
Thanks
TITM
Someone has just loaded up
News must be on the way
For the last week the British and Europeans have been selling but the Ozzy are buying up !
i agree with that but it just seems absolutely bonkers at the moment. is kenny just speculating or does he know something - because he wasn't exactly subtle about how he went about it