We would love to hear your thoughts about our site and services, please take our survey here.
The company does hold treasury shares which have been purchased as part of its shareholder returns policy and these can be treated as if they have been cancelled; they are not entitled to dividends and carry no voting rights.
If you think about it, if you couldn't cancel the shares, then what would be the point of buying them back, surely the shareprice would eventually tend to zero as you'd have all shares in treasury and having no real value, extreme example i appreciate...
Imagine if they cancelled the shares in treasury - this would rerate 50% in a flash, £30 target for me…
That m8 is a recommended post.. Atb to Hawkster and the family…
Appreciated…
Hawk ~ probably looking out across Norfolk landscape watching the world going by…
Lang I think they got themselves caught offside - some volume please for you and the gang… DTM
And plus the first guys in is sweat money right, highest risk and the guys deserve it going in first, some of these deals just don’t pull off… look, however people spin it, Neo have huge resource and SA billionaire on side so will no doubt be instrumental in providing capital… look what Brewer did to Marula, did 15x at the high, it will happen here, just need patience…
Think bigger buddy - feels too cheap here, but each to their own…
They have no future financing worries and the resource is huge…
Good luck…
For the memories…
https://www.rrrplc.com/wp-content/uploads/2017/02/RRR_SetForC10.4mCashBoostFromKansaiMiningStake_04.10.2010.pdf
Unsurprisingly, never materialised…
Anyway, good luck guys…
Kansai diamonds was my fave…
Remember it well
You are assuming DTM did not buy the cake Geiger and spot uranium…
Much further to go for uranium…
Wang lol…
Rally the troops - this sees 10p next year…
Morning Lang ~ good on ya buddy…
Just need nighthawk/mannan and a few of the others to really get this going…
I calculate NAV at closer to 16p so 60% upside imho…
Yes apologies - i misread.
Surely if you are a GGP holder, the trade is to sell existing GGP stock and buy SVE. Essentially doubling GGP holding for no cost.
Why could you not sell your GGP?
Couldn’t make it up - now a buyer of stock ha ha…
What you guys don’t understand is that the guys involved in the placing don’t flip… Novum may have some which are loose but the £580k was raised by a handful of investors, like 15 or something… yes you could have gone short the stock or forward sold in a t20 but not happening… aint no one flipping for 20%, Nick and Mike have a point to prove, let’s see…
Imagine spending all day on a share bulletin board knowing full well you hold zero stock. A piece of advice, I’ve seen many a man swallowed up in this market where they just can’t let go. It will eat away at you until you become even more bitter. Good luck, future looks good here