focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I managed to pick up 200k shares easily ten minutes ago, but my liquid funds were mostly spent last week and are dry for now. Still happy to get a few more at 6.78p.
Some of the "big" trades this week and last in the 1-2m share range were certainly PI buys not II. As others have noted, significant II buys would be more like 1-2m GBP rather than 1-2m shares.
Fin
Goose and Carp for Christmas, believe it or not. Washed down with pilsener. I won't be in Benighted Blighty on 25th Dec. Local bubbly if Zphr is at 10p.
Haggis and Tennent's Super for New Year. I am a DPT (Devotee of the Purple Tin)
Fin
I managed to get my two big planned trades done just before lunchtime on Wednesday and Thursday in two equal parts. On Wednesday the order was filled instantly, on Thursday it couldn't be filled immediately, so I took for Fill or Kill, and it Filled fully at 5.70 within a few mins.
Maybe suggests liquidity was getting tighter by then and I took a chunk off the table so probably tighter still Thursday afternoon. I had intended these trades for a week or so and was only delayed by getting the funds in my trading account in two batches, so I was very pleased to get both at 5.70, keeping me under 6 on average with existing holding.
I've been equally unlucky with timing many times in the past, but I usually invest as soon as I have the funds in my trading account rather than trying to win on timing. hopefully in a few years the difference between 5.70 and 6.40 will be an irrelevance if the share multiplies.
Fin
I've been lurking here and on other Oil company chats recently, occasionally commenting.
I've got a small piece of ZPHR but now is the time for portfolio balancing again, and I'll be wading in fairly deep in the next two days, now is the time, and although I will be in for the long haul, I hope the timing this week is such that things start to move rapidly before the end of the year.
GLA
Fin
Hi,
I just got off the phone with ii. I had notice that the Corporate Action to exercise warrants had a "response required" date of 30/08/2022.
The Call Handler checked in with Corp Actions Team. The "response required" option will just roll over repeatedly until you decide to action the warrants, in one go or in smaller chunks, up until the 31/12/2023 deadline.
I'll probably exercise the whole lot in September now that we are well north of 9p.
Fin
This is very nice indeed, award to the high end of past expectations.
I sometimes find a huge rise harder to process and deal with in terms of emotions and strategy than a whopping fall. I will be holding though and not taking any profit at all, probably not adding more though, as averaging down is suddenly way behind in the rear view mirror. My time frame unless anything changes radically is another 3 years at least.
Well done all.
Fin
'I suspect very shortly you will be a millionaire'
I've been in this game for 23 years. I do what I do, and have had successes and failures like the rest of you. I hope there are many on this board who can also become millionaires if not through RKH, then through the rest of your investing life.
I'll be back when there is something worth saying, but just once again, good luck all. (and especially mervinsx)
I now must be averaging one post every 100 days, so exhausting. I'll resurface only if there is something I can add.
Fin
I confess to being a long time lurker, and enjoy the good debate and information on this board. I posted because there were quite a few posts wondering if someone was buying on inside knowledge. I didn't know anything most PIs wouldn't know, so thought I might clear that up. Hope it helps. I'll go back to listening mode, maybe for another 300 days.
Fin
Well, GLALTH as they say.
I've been lurking here for a long time, so I thought I'd
(a) disappoint anyone who thought that an insider was acting on great news (e.g. OM) to come, and
(b) calm those who would be annoyed at the the thought that the insiders, brokers etc. were getting the jump on PIs
Nothing that dramatic I'm afraid, just PI re-balancing PF, taking some profits elsewhere. Then continuing to build in RKH while still averaging down in anticipation of break even soon.
That's all.