Member Info for DGR1980

Excuse me Jerry?

Did i say they're stupid? Some institutions will have rules about where they have to look at locking in profit, and i imagine 50% could well be one of them. They deal in hard numbers.

Not saying all will, but certainly a good chunk will have to review

£5.6 mil yes.
approx 225million shares at 2.5p

mornington-oz - Its for warrants already in place.

If you didn't see this coming then you really should have done more research

People will be converting their warrants to shares now that we're 50% up on the warrant price.

Chrisdp86 - Newmount were the ones in 2017 which walked away. Newcrest are the current farm in.

Nice try though

Nothing at all happening today

Next week, next month, in 6 months, not a problem for me.

Its a damn good hold at this price, and the potential pay off for another 6 months of patience is well worth it

Sadly I wouldn't be able to retire, but my pension pot would look a damn sight healthier.

Plus my small holding in my ISA would be a new car each for me and my wife at 888p

Yeah i'd take 888p as it happens :)

That'd be a life changing amount for me

The usual mob are claiming that £0.5 million isn't enough to be going on with, that there'll be a placing to keep the lights on, and that arbitration is expensive

There is nothing in that RNS that I wasn't expecting.

Of course volume was down as the major client isn't taking any, but sales revenue is still up by 12.5% since this time last year.

And we do have an update on the arbitration that things are progressing, but these things are normally a slow process.

I'm happy enough with the RNS, just not with the market reaction

beavendavis - for starters the swiss tax is 35%

Secondly it only applies to swiss stock exchange companies.

A cursory google finds :
"What is changing as regards tax-free dividends?
For Swiss companies not listed on a stock exchange in Switzerland, nothing is changing. These companies can continue to distribute dividends from capital contribution reserves entirely tax-free."

Shrewd - Its always been like that. Between 1p and 2p displayed spread.

Try some dummy trades. You'll find the actual spread is considerably less

While its nice to see the price rising and for my holding to be well in the blue, its now too high for me to even consider adding more on pension contribution day. I had been hoping to add more.

Ah well I'm sure it'll drop again at some point

All looks good to me

Its about time we had a week like last week.

That said we're still not much more than half the price of the last placing.

Beware those new names that pop up and shout about bags

Maske2g - Depends on the size of your portfolio.

If its a million pounds 2-3% makes sense.
If its 10 grand its probably not worth having 50 holdings of £200 each.

Horses for courses really.

4kandles - i'm mostly in agreement with you, apart from a sale here meaning i can retire. Sadly too young for that, and most of my holding in my SIPP.

That said a sale of £2 and above would mean a great boost to my income when i do finally retire. Better for me if its a suspension and sale as i have a number of slicing points

Yeah i cut my losses yesterday morning too Chesh.

Managed to get just under 5.7p on a sell order 5 mins after market open.

Percentage wise a huge loss, but financially not as bad as a lot of people have done

Todays dip is my fault. I added some more at the open