Am still 60% down and happy to see the daily rise whatever the % so long it’s blue. Should not have fallen that low. We are only recovering from the false fall.
Looking like they down want to go back sub .30 p and it’s holding well following the CLN. Not much left to convert and they may need that money to support the application. All good to me.
Remember buy when there is still blood on the street …. It’s drying up now …. Glad I topped up yesterday … moving the right way now for a change ….
Buy when there is blood on the street … that’s what I am doing … bad gambling habit I know … like they say cheap as chips … one day the table will turn … wishful thinking… night night
Evening all. So a financier decided to give a loan to a company who is smoke and mirror!!!!!!!! Come on!!! Do they not do a due diligence before engaging with GST? So if GST is going to be deregistered then who on earth would give a loan to GST in their right mind? Food for thought. Enjoy the rest of your evening lovely people.
RE: why is the money needed anyway?29 Dec 2022 09:27
While others are confused whether the financing in place is right or wrong for GST, I just done my final top up for the year 197k @ .748 p and can’t wait for Jan 23 to begin the climb. ATB to all
RE: why is the money needed anyway?28 Dec 2022 13:52
And so dropped by 8% on a volume of 8 m shares. This also reads as how quick it will rise on small volume bring on Jan 23 and ppl are back from festive season. Chill and enjoy your holidays.
The conversion price per new Ordinary Share shall be determined as the lower of: (i) 140 per cent. of the closing bid price of the Company's shares on the London Stock Exchange one business day prior to the relevant draw down date; and (ii) 85% of the arithmetic average of the daily volume-weighted average price of an Ordinary Share during any five of the fifteen business days prior to service or deemed service of a conversion notice, as selected by the Loan Facility provider. Last closing price was say .925 p and first drawdown should be at that price, so lower of (.925p x 140%=1.295 p) or .85% of 5 of 15 days average (future date and price unknown). So that is my understanding of the conversion price. Looking very good and would expect a rise in sp to at least 1.30 p today or finishing the year. Please correct me if I got it all wrong.