The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi Pecten, the 650m shares was their max headroom. A listed company can't raise more than their headroom allows.
Hope this helps.
Yep it certainly does. How can you have an interview released tonight and yet no one can buy or sell any shares
And yet a few more sells come in and down we go. Basically 1p fall a day with the odd 2/3 hour rise when there's news.
40% lower than when the permit was announced, crazy.
1 bid out. 2 to go. Then they'll try and cover up Leslie Seniors sales during the spike with some drilling results or other news. Nothing to see here
Thank you JC for a bit of perspective. I was absolutely miffed this morning seeing this RNS but that's helped my feelings a lot.
Just a reminder as well, someone literally bought £50,000 in one go yesterday. You don't do this in GCAT ahead of some bad news it's not that kind of stock. So someone loaded up like mad
Yes it appears like Goldplat were the big seller last week. The positive spin is despite them selling around 30m shares (based on the prints) we still went from 0.63p offered to 0.72p offered today. Next bit of news should send us on a good run, hurry up Robbie it's been ages
Currently trading above the 50 day MA for the first time since early April. Tried once in August and failed at 835p .. now it's finally above it again
All the 6's .. 6,666,666 on Halloween @ 0.75p.
Someone clearly wanted in and quickly :)
We saw what happened in July .. 0.65 to 0.9 in 24 hours .. blink and you’ll miss your chance to buy ..
Nice to see a few buys coming in this morning. 0.7's don't seem so far away
No, every sell goes to a Market Maker. If they can't find a buyer they bring the price down until someone buys them. It's not an instant swap
Yes going, keep posting a new message for every sentence that will really help. This is probably game over for RMM sorry, i had a lot of fun trading these shares in the past few years around the 20/30's
That's the problem Tornado, the financing. The Corporate Broker was telling me in September last year it was 'when not if' and 'will be closed soon' and the share price was nearly double where it is now .. a year later and barely any progress except PA gets to jet around the world and go to conferences .. 65p share price says it all .. maybe I'm bitter I went in hard at the 120p terrible raise price and I hope they get the financing sorted soon and it can go up but christ .. the board are just dragging their heels
Ouch. Can't believe people were paying 0.9p this morning .. oh dear
This will be like Debenhams again, bidders just going to sit and wait for admin and pick it up on the cheap
And there you have it again, down to 7p (7p more than it should be) £1k volume traded on the month before today. An absolutely travesty that this ever came to the market, designed to let insiders out at PI expense. Raised money, profit warnings all round, the cheek of a fundraise and now back to de-list. One of the worst insiders ever. Nice job FinnCap!
For some who is invested in the stock you sure are negative and i get the impression you want to lose money?
All your posts are so depressing, liven up. The company is now well funded for lots of drilling, retails and pro's and II's all got involved. Tonnes of news to come in the next few months .. potential for more resource, contracts, off takes, anything
Looks good from here
That wouldn’t have worked because Tim selling doesn’t go to the company. The company raised money for explorations. If Tim did a placing and people bought, CTL don’t get any of it
Yes but DVRG need a bail out placing lol
Yep. GCAT look very cheap down here all of a sudden. M&A in the sector .. was 0.9 bid after the last resource upgrade .. who knows
Think we can all see this came onto the market at IPO massively over valued, but down here with some good figures and margins like todays RNS, I can really see this kicking on. Just needs a bit of love, bit of PR and it could catch a bid here especially as this is only from one project.