Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
It looks cheap on the production prospect, but sooner or later the market will worry about the large share dilution coming along as warrants, options, and streaming revenues, raised to get that production going, start to be paid. But no doubt investors will ignore that for some time yet.
As I said before, just adding an extra caveat to it......buy on rumour/fact, sell on news which is what a lot have done because they want profit and know GDR's history, always snatching defeat from the jaws of victory.
They need money so a placing will be coming, traders are on to the next one.
As I understand it the diamonds are worth 18 million, more than the mcp here. That is a general assessment. Based on how many there are the amount should be closer to 20-21 million. Any derampers here are only looking after themselves, you know the score. Long and strong.
.......oundhog day. Nothing in the update to get excited about, this RNS, nothing new just a tiny bit extra profit, boring, .....and the best bit? Sell on news which is what people are doing. I bought back in yesterday hoping for a much more detailed and fantastic yearly update, what I got was a same old same old, groundhog day so I sold.
"N.Brown (BWNG) is sharply ahead this morning at 35p as the market wakes up to the fact that bid talks may well be on the way. The Alliances are loaded with stock and the Mashley feels like running the joint. It is simply a matter of price and it is hard to see why this should be less than 60p"
......best to get this out of the way and move onwards. Boil had a raise a short while ago @ 0.12 and pi's were fuming at that, now they're creaming at 0.20!!
This will soon go back up, don't forget what we have in store in the next few months.
Cheers, Alamo :)
After JW shot himself in the foot by cancelling the interview normal service has resumed, downward motion, not that he cares about pi's. Pointless advertising the after hours question time when he knew he couldn't hold it. He'll need to appease us soon.