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Well of course something is coming.... we've got fecking zero cash pile due to management. So let me get this right... management think it is FAIR to issue bonus shares to staff at a cheap price before they release news on finance or a deal??
It should be the other way around. Issue the bonus shares after delivering shareholders some value. END of.
I said along time ago that they won't be announcing anything meaningful or deal making until they had feathered their nests with bonus awards.... but seriously... I said that with tongue in cheek.. thinking that even these guys wouldn't dare do that.
One thing is sure... they know they are ALL GONE come AGM time so the god news is ... they have to deliver or they are toast as surely even the likes of some rather blind posters on here couldn't vote for xmas like a turkey... twice!!!
Ha Tesla1 - the big trading legend from Dubai. Hows things Suhail?
I miss our chats on the Solgold telegram thread.
Are you still renting in Dubai matey? Need some coin?
Remind me again how many solgold shares you have?
Oh thats right, you have zero.
Anyone on the telegram thread needs to delete Suhail and his cronies.
Dearly deary me…….
BBG,
No... he got 6m bonus shares at between 19p to 25p I think and they were an incentive to do his job and do it well.
This spanks of someone wanting a few more options to make an upcoming deal more rewarding as the last 6m options are not going to be worth much .... mmmm
Then when you throw in the token joke share purchase by Scott of £5k you start thinking... mmm perhaps he's keeping his cash back for another reason... like filling his boots with the CGP shares he once owned but gave away to SOLG shareholders in the mrger deal at 19p+ only to now buy them back off SOLG shareholders at 10p??? That sound possible?? Surely not??
If Bob, Scott or any of that CGP crew touch those CGP shares or trouser them for themselves, then they are seriously sticking the middle finger up to all shareholders.
Lets see what happens but there's ony one reason why Stackhouse has got 10.3p options and that's because management have done zero to support the share price and everything to keep it low as possible.
I warned everyone about these guys. So far I'm being proven right.
I feel an EGM coming on soon.
Someone on Twitter made the very clever suggestion that this is a legal signal to tell us to load up because something is coming...
Lol……pure desperation…..
They have bought in the open market therefore nothing has been concluded………
Dreamer 🤡
One day the poor old rampers will realise what is going on……they are lining their own pockets with investor cash…..
Next it’s mates rates for the placing…..
Poor old red ramper and ramper bay gold buying in the 30s when the BOD give themselves millions at 10p, not forgetting they have dug into their own pockets with chump change ….
The granting of options is the clearest signal Stackhouse has concluded an arrangement and has been rewarded for doing so.
News must be very close
And whats more puzzling, both announcements were later in Toronto than London...
*stink, not stick
@fort
I agree, this is just ridiculous. A CEO who buys a pitiful amount of shares (why??) and a CFO who gets a lavish gift for having delivered FO. Meanwhile we are running out of cash and no news on the finance front will come out for the rest of the month. Looks like sabotage to me.
It starts to stick nearly as much as Shanta Gold
Its some form of reward or incentive. Perhaps for delivering the BOD certain terms
No because I don't really care tbh.
The delayed buys are still showing up every day, and the daily volume remains very high.
The doomsday crew (stackhigh has already shown his hand) will tell you otherwise.
Best to switch off and wait for that belter of an RNS.
We are another day closer to major news.
So can someone tell me why SOLG are issuing Stackhouse with 3m more options please?
And at 10.3p?? What the xxck are they on? This is a total embarrasment. Made all the more embarrassing by the Scott share purchase of £5k? What the xxck is that?
Seriously... this is starting to look as bad as it gets.
Anymore director option awards and this is going to turn ugly. Very ugly. These guys must be on another planet.
I'm speechless.
Anyone sent the guys an email saying this is very confusing?
Stackhouse options sounds like an agreed incentive - he is being rewarded.
Clear signal to the market that there's nothing going on. 1) they are not prevented from buying shares. If there was something brewing, they wouldn't be allowed to use this knowledge to time the purchase of shares. 2) they are tiny amounts, so not even showing confidence in what comes next.
Shame- the rampers here have sold an exciting narrative about change, buyouts, bidding wars etc. Turns out it was all nonsense. Who would have guessed it? Oh wait... I know...
What on earth is going on...?
Tuca wouldn't get out of bed to buy £5742 worth of shares...
Meanwhile the standard message coming out of the company is that they can't tell us anything because of MPNI...
So how the hell can these Directors be buying...
And why in Toronto for goodness sake...it doesn't make sense...
Stackhouse could have bought much more at sub 9.5 on Thursday in London...
Similarly Scott sub 9.70 on Friday...
Furthermore, Scott is based in Ecuador and Stackhouse in Oz...withe the relative size of the market its far more cash effective to buy in London...
And 170k between them has no chane of moving the market...
Finally, has Stackhouse been granted low priced early vesting options to keep him sweet...If theres a takeover they all vest immediately (all 9 million)
Is it fair Scott and Chris being able to buy on the market with the information they are privy of?
Not really.
The message is that he is now outside of any blackout / closed period.
What's the message?
That's a small amount.
We can begin speculating about the meaning of close, closed and blackout again. Oh joy.
Meanwhile 10.44 on TSX...
Its the same old...every time...
All set to close above 10...PIs buy it...Autobots take it down...PIs buy it...ABs take it down further...rinse and repeat...
So feckin tedious...
Sharp! But inaccurate. I’d happily meet the trouble causers on here but not one of them has ever had the Sandras