The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Robert Ang is going all in. Half million dollar investment, good on him... Must be pretty confident!
Just confirmed with ig.com, my new shares will appear when the takeover is complete and I can hold or sell them as I see fit. Personally I agree the could be worth holding on to
Director buys at that price should further bolster ours when we transfer over. I think an open of 0.18 but as you say we now have all the money needed to start the mine etc. All looks good to me
Another bit of news... NWF director Michael Lynn topped up his holding by 220,000 shares today at price of 0.15 AUD and director Robert Ang topped up by 3,078,622 also at 0.15 AUD. https://hotcopper.com.au/threads/ann-change-of-directors-interest-notices-x-2.4157083/ post_id=32724271#.WuLbJHyWypo I'm starting to feel a bit more positive than I did first thing this morning... LOL
For the little amount I had invested here, it just wasn't worth going down the NWF route for me...But to those who have undertaken to transfer over to ASX...I wish you all the best of luck and hope you guys bag good! It's like being at Southampton pier watching a ship rolling out for Oz...and i'm waving my handkerchief lolol...(I may have a tear in my eye, lol) GLA
Fingers crossed. GLA
Good news is that we've only got a week to wait before we find out :D
I believe this was all taken into account in calculating the theoretical ex rights price. Whilst I'm not expecting it to open at this price due to the placing offer not being fully subscribed and having to be underwritten, I still expect it to be higher than 0.12AUD, hopefully! Below from the offer RNS: Based on the theoretical ex-rights price of an NWF Share of A$0.223 per share ("Theoretical Ex-rights Price") calculated in connection with the completion of the NWF Financings (see below), at the Possible Offer Exchange Rate, the terms of the Combination represent:
Mainly because the stock is issued at 0.15 AUD to Stellar shareholders and is being further diluted by 96M shares on 3rd May... But as I say, hopefully I'm wrong and as we know there are a lot of other factors to take into account which can move the price such as NWF now in a position to build a mine and produce revenue.
Thanks Paul, link also works for me but interested to see what your workings are to get the 0.12 AUD opening price?
Sorry... it does for me
It doesn’t work that link
https://www.asx.com.au/asxpdf/20180427/pdf/43tj9yz50x45fr.pdf based on this it looks like 0.12 AUD but hope I'm wrong.
No it was always 7.30 on 27th April to suspend. Hopefully this works out for us all. Newfield looks a good company to me and with the raise being before we get shares we should hopefully see a rise after all the auto sells kick in from those silly enough to let their broker sell straight away. See you all in May :P
There we go ladies & gentlemen, the suspension kicks in... Must have mis-read somewhere along the line as I could have sworn suspension was to commence after trading.
27/04/2018 7:30am TEMPORARY SUSPENSION OF TRADING ON AIM STELLAR DIAMONDS PLC At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 27/04/2018 7:30am, pending an announcement.
Mukflash - based on a quick calc, you’d need to NWF SP to be approx 18.3cents to sell at breakeven
Why don't you transfer them to IG.com. Free account and you can then hold them until you're ready to sell?
Mukflash - 4th May
What's the proposed date newfield is out of suspension? Im In with a high avg of about 7.5p+ so hoping to at least break even, however X-O have given me no option to hold the shares with them and they will immediately sell when it comes out of suspension.
80k shares here so again not huge. Hopefully we get a nice return here for holding strong Good luck all
i only hold 62k stel , would like to finally make some money from a diamond exploration company. gla
Got 440000 so think that makes about 335000. With a 5.8p average, my break even is about 14c with the current exchange rate of 1.84, I can't see it hitting 14c. Either way I think I'll be holding for a while, exchange rate is playing a big part, if the exchange rate drops back to 1.70, I only need the share price to hit 26c to double up. :-) all ifs and buts, guess we'll see soon enough! Good luck all!
What’s everyone holding? Taking 130k STEL shares over, so will end up with just over 99k NWF shares
like HAYT after avg , still got mine.