Member Info for CrystalBallBroke

yeah, somewhat nervous for next week, if i was a little closer to break even i'd probably sell and take the hit

bad news, 15% drop for zero reason :(

H&L's "live" prices are bull5h1t.

I complained they are not accurate, and got this as a reply....

"In terms of live pricing, it is difficult for us to investigate any issues retrospectively as we do not have the licences to store live pricing data throughout the day of trading."

and

"Regarding our share charts, whilst they do update every 15 minutes in 1 minute intervals they rely on new price points being confirmed to connect the previous price point."

so basically, they only update on those time schedules if there's a new price point caused by trades, or new trades.

they are quite frankly poor in this respect. Add to that, no broker recomendations anymore, and no trades data available via them anymore, and you start to wonder what youre paying for.

snap.

problem is the fundamentals are there, the zulu asset is world class.... but we also have a world class bumbling CEO

yeah, problem is like i think i've said before, i've held a lot longer than planned and also put more in than i planned

SP will slip and slide, i'm teetering on being back in the red again.... not sure i want that so will probably bail if it ticks down again

not unsurprising

yeah i'm still underwater, I wish i'd had some spare cash to top up when it was in the 7's but then there's a few shares i'm wishing i'd been able to do that with

Yeah, I was reading it earlier looking for some sort of extra incentive, but couldn't see any, I think this is going to come down to those picking up the shortest term benefit/bonus and having the power to influence it, so i'd be looking at the deals the BOD and executives get, because low ball or not, 105 is a firm offer, and even if the potential longer term return is 100% more, my money will be on them selling it down the river and taking the cleaner/faster cash settlement and moving on.

I wonder if NEX had been buying up shares in the back ground ?

Peakybinder is right, many jumped ship I think, I held because I was interested to see what would happen, that and my long term target was in the region of 140, so in my eyes a 105 offer was low balling it.

have to admit, i was expecting more SP activity after reading that RNS, as said, another duck lining up, but trades were sub 100 for the day.

only worry i see in there is the Moroccan gvmt still has a say in stuff and has to "sign off" and we've seen how slow some of these less than trustworthy foreign governments can be

45% rise on nothing is an impressive pump job by any ones standards, so god knows whats going on, obviously it was over sold, but to recover this much in one step?? surely something must have leaked, perhaps the thieving government dept has finally coughed up

me too, kicking myself a little for not selling something else to avg down here, but when do you say no, stop adding more and more!

and yet after last weeks "good news" we're now back in the bottom end of the .3's again, and knocking on the door of sub .3 you, come a long way get gain nothing tangible

for me on this one was 140, so i'd have been holding for a while longer, as i figured there was more recovery to come, but i'll take 105

Yeah I had noticed that (i also hold NEX lol) and their share price recovery has been fairly good, but since the announcement that there is another offer on the table, it's almost as if a weight has been lifted and it's moving faster back towards where it was.

I think at the price they were willing to pay, it was better for NEX than SGC, but now, I'm not so sure, obviously they wont make a rash snap decision, but I do think at the end of the day, it will result in them not making a counter offer.

That is encouraging, it means they are as you said serious, but also demonstrates they are not a mickey mouse outfit that had to scrape together the money offered, it was there ready and waiting and weren't planning on dicking us around waiting till we were desperate for it.

the market thinks there's going to be any counter offer, the SP is stubbornly stuck at the 104.9 /105 level, and hasn't ventured over, i've seen other shares that have been in bid situations go well over or sustained a level over the bid because expected counter bids, and this is just not behaving like this.

Usually i'd sell out on one of those spikes and ensure i'm slightly over the bid and cover any trading fees, but this one it looks like it may be a case of better to let it ride out and get paid the slower route.

"give the guy some slack...."

not an f'ing chance, the guy is what can only be described as a hindrance to this company ever succeeding, he has single handedly killed very good news rise in the last how many years? and turned them into pump and dump spikes for traders, he's the literal definition of a liability.

I would have been happier with a JV and more control removed from roaches hands, the interview sounds very poor, and from the highlights i'm reading i'm not surprised the SP has tumbled back