The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"The Potential RTO Transaction involves the acquisition of majority interests in, and operatorship of, four gold exploration projects in North and South Carolina in the United States located within the wider Carolina Super Terrane (formerly the 'Carolina Slate Belt'), which i) also hosts the producing Haile Gold Mine owned by OceanaGold Corporation (TSX/ASX: OGC) who acquired the Haile Gold Mine be acquiring Romarco Minerals Inc. in 2015 for C$856M; and ii) was the site of the first documented gold discovery in the USA in 1799, with North Carolina being the biggest gold producing state until discovery of the Californian gold deposits."
That was fun.
Nice correction, long may this momentum continue, however long we've got left.
I genuinely don't know when the deadline is anymore. I thought it was the 2nd, Gloster clarified it to be today. So maybe tomorrow morn or eve.
Another 20% plus before announcement would be nice.
Guiness will do me good tonight.
Still amused by this,
Total sells near £20k, total buys around £4k
Massive drop.
Some may say the £40k sell yesterday, but what about the massive buys weeks ago, price still dropped then.
All in all, the end game will tell the real story. Current sp means nothing, but it would be better to have seen near 0.40 before RTO
Sorry to hear that 13martyn13.
I've had similar red stories, and it does force one to sit down and dwell.
And yes, a significant holder doesn't guarantee anything, trust me, I've been there too. Another one was the Sheik.
All in all, if anyone has any doubts and would struggle personally and mentally with this going all tits up, Monday coming may be your last chance to cash up.
To your question 13martyn13
"Why would they wait till the last trading days? "
Why are you still holding?
I recall something in the nature of a pandemic, forcing countries to lockdown not too long ago.
Meanwhile as we know FACT: Greenwood has been buying.
The risk lies in not knowing when, what and how, this is the typical story for cash shells so if one is not happy with such, there's plenty of things to spend your money on.
The CEO Anthony Brooke is BUYING.
Plus
The Biggest shareholder Mark Mitchell Greenwood is BUYING and now maxed out.
All within recent weeks.
Need I say more?
Your selling because, they are buying?
What more do you need regarding RLD......
Munchlet,
Well Spotted.
The Gem that is GreenWood has topped up and maxed his holdings in recent weeks to 29.99%.
Game ON. Follow the Money. It's Happening
Countingcards,
Going on what you've said multiple times, if they let this go, whatever is holding it back,it will fly.
I can't say it was oversold, because they dropped and dropped the price on massive buys. Senseless.
And yes, the sp has been held back.
“The stock market is designed to transfer money from the active to the patient.”
Looking nice. RNS incoming, let's hope.
Cheers Countingcards,
Good to have you back.
You weren't asking for much there tbh and the delay bit got to me. I emailed them about it in time but yh, Hope is all that's left.
I need these Bangkok Bad Boys to do something.
I much prefer Green over Red any day.
Come on Tony,
Show your expertise and dazzle us with this RTO full of gems.
Drop it like it's Hot
Hang in there Countingcards,
It's painful, especially watching so many missed opportunities that won't return. It should have happened ages ago, keep in mind who originally put sand in the fire, our pal Peter.
I now believe the Doctor is in charge, and you know anything bio takes a while longer. No kidding mate, because of all that, I have had nothing to use over this period. I feel like a golfer, on a golf course with no balls (my balls are just fine btw).
Hang in there, take a breather and I HOPE you change your mind, your knowledge and contributions have always been appreciated by all.
A_Milli
Cheers Countingcards,
That will justify to an extent, the drop.
Let's see how this plays out.
It's a buy Prop5. Have a look at the trades.
The sell before it was at 16:10 @ 0.2839
The Buy would follow at 16:25 @ 0.30
They have been dropping the price on small sells in the face of large buys.
Last two weeks saw this happen repeatedly.
One trade around £14,000 @ 0.35
Next two sells of a few measly 100 @ 0.30
Sp dropped and stayed down 10% that day
Buys dwarfed the sells by a good £40,000 thereabouts.
It's a buy and there may have been more of similar size today. Tomorrow close will clarify and rightly peoples stop losses may be part of it.
Till tomorrow
But wait.....
That's trade was from 02 June, that's yesterdays close.
And they dropped it like this today.
Mirrors what happened last time £20,000 was bought, they dropped 10% to 0.30.
Was more of similar size bought today, that will show up tomorrow?
I came here to invest not solve puzzles.
JMAnder, you said massive buy before "suspension"?
Suspension or close of play today?
That Buy alone swallows yesterdays and today's sells with icing on top.
Another TR1?
RTO target announcement , AGM incoming?
JMAnder, stampede would be nice to see.
Regardless, promising against a terrible week so far.
When the RTO drops, they will claim to still be holding their original big amounts.
Always get the band of I sold at the top, bought at the bottom brigade. They never tell you as soon as they sell, but make claims days later. Next time as soon as you sell, let us know. Otherwise your talking trash.
RTO is the golden nugget and end game.
But how £10,000 today and yesterday alone has forced the sp 20% down is amazing. When £20,000 was bought and £40,000 more buys than sells went through, they still dropped it 10%.
I know Aim is a joke, but it's still fascinating.