The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Looks like I will have to move my shareholding from HL then as that's 70k shares I cant buy at the discounted rate. Not really what I want to be doing but why should we lose out on the benefit, I've been holding here for 6 years, want to maximise my returns.
Hi Ash. So HL have said we cant participate in the rights issue, but can they still hold the free shares we get until RICCA actually lists?
So we get 1 share in the new company for every 8 we currently hold of IRR, plus we get to double our holdings at a discounted rate. HL will allow us to get the free shares but not buy any of the discounted ones, Is that correct? Is that for any shares held in an ISA and SIPP?
100% agreenwith columbo. The amount raised seems pointless as itll only last a few months, unless the end game here is to sell and sell soin, why only raise 22m??
Columbo we were both in boo at the same time and you gave me the heads up on SOLG, do you ever wish we stayed with BOO, today breached £3 and maybe left SOLG?
Wow. Im actually gobsmacked at how the SP has ended up back here, my originally buy in July 2016 and 3 years later here again.
Hindsight is a wonderful thing, we all wish we sold in the high 30s / early 40s but i always saw this going higher, but i currently dont see where this is going, probably lower based on trend. We desperately need news, but not just good but epic to see any sustainable rise.
Anyone know if Toro/hodgefox/farquar in here? Any ideas when we are getting news?
Wow..... did anyone see the SP back here, despite all the news and drilling results, its now at levels last seen in Oct 16..
Yes the civil unrest is having an adverse effect on SP, but the fact the company hasnt said anything in regards to the near 25% drop in 5 days is poor PR at best.
NM needs to sell this and sell it quickly. I wouldnt have taken less than the 45p BHP put in earlier this year, not sure SOLG would get that now in all honesty
He was right about the SP getting to 20p and said it more than once. Some chose to listen, others ignored him, and others questioned him, either way he was right.
Makes his statement now about why the SP is dropping and it's not funding related all the more worrying. Regardless of whether you believe him or not, hes been right about the only thing he has said on this board.
I hold a large position with a 25ish average so not trying to fan the flames or anything, just a very concerned investor
Bakingmetal my average is similar and it annoys me that at 40+ I seriously considered selling but then thought because BHP have just invested at that level, that was the new floor, how wrong I've been. It's been a very bad 6 weeks investment wise for me didnt think SOLG would be another red holding.
When will it change, ??????????
I bought in after Columbo mentioned SOLG on BOO board back in 2016 and holding and accumulating since then. Feel like columbo at this moment in time, no news, no updates, and SP has dropped 50% its last raise.
Dont have enough funds to probably see out the year, yet NM and the board dont seem overly fussed it seems.
12 months earlier everyone would have said a t/o at 50p is a low ball offer, now I think most people would take it in a heartbeat me included.
Just did a bed&ISA for 100k shares. That's all safely tucked away in either my ISA and SIPP, now happy to see share price fly higher
I’d be surprised if we see £1.80 again.
I’d guess the current drop is more to do with general market carnage that boohoo specific. Not many shares are up since the start of the week.
Hopefully the drop will ease off and it will consolidate before the next leg up.
Things like Brexit agreement / Italy Issues / US/China trade wars will all be having a negative impact
What was the poor technical sign yesterday afternoon ATG? I’m heavy into both SOLG and IRR, looking for around 70p for each hopefully
The gap is around 159ish from memory. The one thing I would think is if it isn’t filled prior to results then it’s orobably unlikely to be filled after results with the expectation being an upgrade is due. But what do I know, only just starting to read about charts and things.
Maybe they weren’t buys but sells and that’s what caused the price drop today. This share is a good one to trade but for LTH it does cause mixed emotions. One minute you think it’s on way its way but then comes crashing back down.
From what I’ve been reading and my understanding is, not all gaps are filled or need to be filled depending on the type of gap it was. For example if there was a material change in the business and it gapped up as is what happened in this case, then it may not need to drop back down to be filled. The gap appears on April 25 this year, when results were announced, and prior to this the Canadian Group was shorting hard and saying results would be poor, which they weren’t hence the SP jump. Thus this would be a material change that caused the gap in my opinion as business virtually doubled from the year before. And we we can safely say ever since then it has been booming especially again over the last quarter what with the weather I expect the results again to be very good and a upgrade to be on the cards.