Member Info for Gardie

Anyone know anything about Keith Hill, the new non-exec Chairman?

Thanks Surety. 7.2p would give CHAR a market cap of £206m. A minor miracle as we currently stand but sentiment will turn around if/when oil revenues start to materialise

SPA signed as expected - anyone spot any further details not previously mentioned? It would be nice to have an up day for a change...

Yes, with Bob Monkhouse! I remember it...

100% Golden. The clues are in the volume figures. It is clear that the shares drift lower on light volume days but move sharply higher on the big volume days. It's a good sign as the RSI numbers don't look overstretched in this environment

If it's all the same buyer that's 1.2% of the entire company

James, I see it as a bullish sign. The MMs tried to panic us into selling in order to pick up some cheap stock but failed miserably. The stock bounced almost instantly.

Chrisn3,

I don't know why but I seem to have the same problem every time I participate in a CHAR placing 🤔

Just picked some up at 54p

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I'm surprised that this investigation is taking so long. For a small company FRP appear to be milking this. 4 weeks already and likely to be at least another 2 weeks. It's disappointing to say the least after the positive announcement regarding the new CEO...

Funnily enough I was about to say that there seems to be a more positive feel about the shares at the moment. More buyers appearing and slightly better volumes. If we can crack 1.4p and stay there then I think we have seen the lows for the time being.

My thoughts are that instead of giving free shares to the BoD which doesn't appear to have worked as an incentive they should try a 'stick' approach along the lines of this:

While the shares remain below 5p for a defined period of time their salaries should be reduced to 50% of existing salary levels.

Between 5p and 10p the salary levels should be at 75% and back up to 100% only when the shares are above 10p for a defined period.

It's time for them to feel the pain that investors have been through and continue to suffer.

Assuming a buy but who knows? Probably Harry Carter 😂

Belgrano, MDs avg price must still be in the mid/high teens even after topping up over the last few weeks?

Staying long ECO Supra3 but thanks for the info. I have 400k Avg price 25p and after the recent moves now my largest holding. Still have some RKH and HBR but no helium....

Yes, it is definitely noticeable that the volume is a lot less on 'down' days which is a good sign to me. It means that the sellers are generally traders taking their short term profits and not long term holders bailing out. I would not be surprised to see our big buyers back in again around these levels.

Some persistent and chunky sales today. I should know by now that every time there is a CHAR placing you can buy it in the market cheaper after the placing. I was hoping that this time it would be different!

Is it me or is the share price consistently higher in Canada than in the UK? Just my initial observation. Or does that relationship work the other way round as well?

The MMs have played a blinder today. 500k buy at 13p and plenty of sells between 11.5p and 12p. Nice work if you can get it.