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Gino, that's a fair point, but given yesterday's note from the company, I think we can draw our own conclusions, particularly when you take into account their previous voting patterns.
addicknt - I read this BB every day (heaven help me!) and apart from the swathes of admin deletions I can't recall any thing about BHP et all intending to disrupt the Board at the AGM this year, though I wouldn't doubt their wishing to do so. Have they ever declared this publicly? Just asking as if they have it increases the urgency to cast one's vote in support of the Board, if of course that is one's wish.
think about it there was no real reason to announce the SR. Each of the areas outlined are all within the scope of the normal course of business - particularly for a junior explorer. We'd expect them to be looking at financing and the possibility of a jv. The stuff about developing the mining plan is not part of the review and has been happening for a long time. So why bother making it public?
There's only one answer: The Board wanted to advertise the fact we're under new management and that the status quo is dead. In effect the announcement was a giant advertisement to the wider market - "we're here to do a deal. Please contact Citi or Maxit for further details". It's impossible to see this any other way.
DC didn't agree with this, hence his departure. BHP/NCM don't agree with this, hence their intention to disrupt the board at the AGM.
This time last year I was of the opinion (as were many others) that 2022 would be a year of significant change. Well, in some ways it has been - albeit the change has happened all at once at the year end and perhaps not in the way we envisaged. Provided we win the AGM, 2023 without doubt, will seal our fate.
Sorry, Friday ramblings.
A couple of people asked WI opinion of the sp performance based on recent revelations...
'SolGold shareholders have suffered through a lot, it will take a lot to earn back that trust. Step 3 might happen before that trust is earned.'
£1.32 seems a long way from here then :)
No worries BPHIL....I did miss BHP off Sorry about that.....long day.
Pinot
:0)
Just goes to show what a tight-run thing the AGM will be. There's an awful lot at stake here.
In October Blackrock 126,702,684
Now 97,056,713
That’s 30m shifted in under two months and we wonder why the price hasn’t moved
Sorry to repeat, Pinot....just realised I’ve more or less duplicated your post !
Percentage of Securities not in Public Hands
Approximately 61.30% of the Company’s ordinary shares are not in public hands.
Identity and Percentage Holdings of Directors
Company Director
Shareholding
Capital
Nicholas Mather
90,326,710
3.65%
James Clare
1,143,137
0.05%
Scott Caldwell
1,000,000
0.04%
Liam Twigger
392,156
0.02%
Kevin O'Kane
392,156
0.02%
Mario Amparo Alban
51,676
0.00%
Elodie Grant Goodey
19,607
0.00%
Total Directors
93,325,442
3.77%
Balance of Company
2,382,726,059
96.23%
Significant Shareholder
Number of Shares
% of Issued Capital
BHP Group PLC
310,965,736
12.56%
Newcrest International Pty Ltd
309,309,996
12.49%
DGR Global Ltd
204,151,800
8.25%
Cornerstone Capital Resources
157,141,000
6.35%
Jiangxi Copper
155,000,000
6.26%
Tenstar Trading Limited
107,877,393
4.36%
BlackRock, Inc
97,056,713
3.92%
Norges Bank
82,875,000
3.35%
Evening all...new holdings out on website
Newcrest International Pty Ltd 309,309,996 12.49%
DGR Global Ltd 204,151,800 8.25%
Cornerstone Capital Resources 157,141,000 6.35%
Jiangxi Copper 155,000,000 6.26%
Tenstar Trading Limited 107,877,393 4.36%
BlackRock, Inc 97,056,713 3.92%
Norges Bank 82,875,000 3.35
Nicholas Mather 90,326,710 3.65%
James Clare 1,143,137 0.05%
Scott Caldwell 1,000,000 0.04%
Liam Twigger 392,156 0.02%
Kevin O'Kane 392,156 0.02%
Mario Amparo Alban 51,676 0.00%
Elodie Grant Goodey 19,607 0.00%
Total Directors 93,325,442 3.77%
Balance of Company 2,382,726,059 96.23%
Identity and Percentage Holdings of Significant Shareholders
Pinot
:0)
Add the block trades over last year example quite substantial BNC
Thanks Addickant
ET, send your instruction via the private message function and make sure you ask for confirmation that they've followed your wishes.
Sorry
I don’t buy it
I can’t see some banker or hedge fund geezer or geezerette sitting there all freakin’ day buyin / selling trades at £17:61 or such likes ( I say this price as it was what the trades were goin through at when I bought the other day )
I cannot see any worthwhile hedge fund or banking business having someone place such low value trades constantly…..
Why would they? It makes no sense!
Bnc
HI can anyone point me in the right direction to find the voting form on hL
It's normally a extra icon next to the buy and bell icon ?
Thanks chaps. I'll get there in the end!
DBW yes from last week I see getting everything in order here and sedar imho
Just confirming the placing bubbles
Tr1 rns holding by Chinese well well ,was mentioned this morning
Hi Add this is my two pence on A trades. AT trades or automatic trades just mean that the orders are placed directly into the trading book on the exchange by a party who has direct access. As in if you look at the order book on L2 you will see all the buy and sell orders that have been submitted into the book and trades occur when buy and sell orders are matched by the matching engine. When you or I trade with our brokers such as HL or whoever, we are trading off book with a market maker, so our trades are flagged as O trades. Our orders aren't going directly into the order book.
Market makers, broker dealers, banks etc will all have direct access to the book. The electronic trading businesses of dealer banks will allow their clients (such as hedge funds) to use their direct market access to place their orders. Retail investors like us can also get DMA if we want through various brokers who offer the service, and if we wanted to could then trade directly in the order book. Personally I have no desire to do this, as I'm not a day trader and whether my order gets filled at 16.72 or 16.75 is not going to make much difference to me in the long run.
This is also why I think it's meaningless to worry about "buys" and "sells" when looking purely at A trades... they are trades that have occurred because a buy and a sell order have been matched by the book, so every trade is both a buy and a sell depending on which side you are on.
If the trade is flagged as ALGO then it means the buy or sell order (or both) was generated by an algorithm. In my opinion this could be anyone, from algorithmic trading funds, HFT traders, automated risk management or execution engines at broker dealers, market makers managing their books, or as quady said it could be individual investors who have access to algo trading tools via their brokers. In other words, you really don't know who was behind any given AT trade or why it was traded, and therefore in my opinion it's not worth worrying about it. A trades and ALGO trades are just part of trading and unless you're a short term day trader I wouldn't spend time overanalysing them.
Quady, what a load of sh*te you saying I've told people this will be sold month after month. There are several posters on here who will back me up in saying I've always maintained there a host of outcomes here. My holding in this share is a fraction of what it used to be because I see it as a punt rather than a solid investment, and that's mainly because my average is far higher than yours, despite me having watching this since it traded between 1p and 4p. There is substantial risk here that people don't like to talk about but very much exists.
You can stop replying to me when I call you out for being an idiot all you want. The posters you missed from the list who you also don't reply to when asked questions you can't answer include two of the best on this board in rcgl2 and Bozi.
Like I said, I wouldn't bother replying to you myself if you weren't such a sanctimonious tw*t.