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Factored those in with the post below mate.
Didn't bail out* bloody fat fingers haha
I've been here since around june 2018 and its had its ups and down price wise but I have always believed in the fundermentals and did bail out. I don't be grudge the warrant holders selling through their placing shares and in turn exercising their warrants as to be fair if it wasnt for them the drills wouldnt have got done, they put the money up so deserve the rewards. Granted that last placing alot of shares and warrants were issued but you can only work with what you had so David Price did what he could and with that he has managed to turn a corner with the company and start the rerate to where it should be, Stirling job. This is still nowhere near the mcap it should be for the potential, however it is now at a more suitable level and stable here with more news due and more importantly it's now on investors radars.
Crikey must be desperate brunch seeing as you have taken the time to post that on 17 different boards. Thanks for your expert advice but I think I'll pass...
I have been researching the warrants given your post and this is what I have found, I have gone as fair as 2017 and you will see as outlined a lot have expired.
Warrants from Sept 2017 fundraise were only valid for 2 years so now expired and gone in sept 2019 as no rns to state they had been exercised and I'm not suprised given the share price at the time and they had to be exercised for 2.3p (probably why PJ sold down his holding as he had a large amount of these warrants and was probably ****ed he missed them given the large jump in share price only 2 months after the expired lol) this was circa 130,000,000 warrants.
Aug 2018 I remember well as it was the best placing I've ever seen in a company I've been invested. Issues of 30,000,000 shares at no discount to the market so placed at the price it was that day. This carried 1 warrant to every 3 shares, so 10,000,000 warrants with an exercise price of 2.3p, these warrants expired In oct 2019 and as no rns issued to say they had been exercised these have now gone.
Jan 2019 saw a fund raise resulting in the issue of 58,823,530 exerciseable @ 1.5p and an accelerator clause of should the share price be over 4.5p for 10 consecutive days then the clause is triggered and warrant holders are given 14 days to either exercise or lose their warrants. These expire on 30th April 2020.
Sept 2019 saw the issue of
116,666,666 warrants exerciseable @ 1p plus 2,333,333 warrants to the broker. All of these are subject to an accelerator clause of should the share price be over 2p for 5 consecutive days the warrant holders are written to and given 14 days to exercise or lose them. These warrants are valid until sept 2022.
In short the only outstanding warrants there are;
58,823,530 @ 1.5p due to expire April 2020. (Worth noting director gordon hart holds 8,823,530 and given the news flow deemed in a closed period so can't exercise his?)
103,745,097 left @ 1p (assuming the 15,254,902 exercised this week were 1p warrants), expiring sept 2022.
Hope this makes sense. Obvisouly those warrant holders also had an equal amount of placing shares that they could sell so I imagine it's the selling of those which were around 170,000,000 is how they have been able to suppress the price on each bit of news, however they will dry up at some point and this will be free to run.
And theres a big delayed buy. Mm's obvs had a busy afternoon and left the office junior to manage this
Agree mate
Well we can now see the reason for the dip this afternoon, that's a big sell and was no doubt holding us back
I'm with silver and personally leave it well alone. Sometimes you just have to realise you missed the boat and draw a line under it, good rise in speculation but could go either way tomorrow so to me risk out weighs reward.
Just goes to show sam it only takes a bit of news to catch people unaware and off a share goes. You win some and you lose some, there will always be another. This one is slow burning at the moment but again it only takes something that was unexpected like a major sniffing about and you will see this do the same sort of thing.
My problem is after 4 years I'm only just in profit on AIM, i have investments like here and then a bit of a trading pot. Problem is after being burnt more then once I'm a bit over cautious now with my due diligence
Might see some ORCP profits come this way, pleased for some of the people In there its flying. I was considering a 2k punt in there a few days ago for a hopeful quick trade but decided against it. Gutted now!
Probably some money to be made today kn commodities and the FX traders will be hard at work. Had a go before and too easy to lose money and you need balls of steel.
BDSM I think you had us all concerned for you there.
Green mile- you back again, like a broken record. Your on the wrong board for ggp
Staggering no answer? Such a ridiculous statement it didn't deserve and answer.
BDSM if that's a serious question you shouldn't be investing mate.
We are on the same wave length judgemental. The people to lose money are the ones who trade emotionally and dont trust there research. Believe in the fundermentals, ignore the intra day and sit on your hands. It sell up and let someone else reap the rewards.
Looks like I have learnt something today from researching. You can sell warrants before exercise and trade them like options.
No I dont believe you can transfer warrants to another. You can exercise and convert to shares and then sell the shares.
Ignore the intra day movement and concentrate on the fundermentals. It will move at some point just be patient unless your only in for a quick trade.