RE: The offers21 May 2019 07:47
Thornback, I am so pleased TG stuck to his guns and kept to 10Mw. He really is a man of his word and BG must see that too. I read somewhere that nobody in Botswana need ever work again because they are so rich in diamonds , that wealth can support the whole population.
Even so, my experience of the super rich is that they are as tight as mackerels backsides, watertight, so committing themselves to 10Mw whilst TLOU get it up and running may have suited the Govt well on a new project.
ASX followed a similar pattern to the FTSE 14c up to 18.5c (32%) from the off, up and down between that high and 17c before settling around 17c. But only $58k or 328k shares traded ..... I sat up beyond 1am (bloody BST, it used to open at midnight) but nothing showed up and I got tired of waiting. Was contemplating opening an IG account and buying TOU after I missed out on TLOU due to a rushed dogwalk and hospital appointment yesterday.
AUD has rallied 1% and CBA jumped to $77 (from $73) and TOU from 14c to 17c - so perhaps I am better off avoiding ASX for a while. Should have dumped II a little later in the year and swallowed their £18 a month maintenance fee for a month or two perhaps? Giving money to banks, brokers, phone companies, and car parks makes my behind watertight too - I begrudge them all their charges - but I don't achieve super rich status, 'unfortunately' !