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for the remaining Gemfields shares...... http://www.lse.co.uk/share-sharecast-news.asp?shareprice=GEM&ArticleCode=25957976&ArticleHeadline=Pallinghurst_makes_unsolicited_bid_for_remaining_Gemfields_shares
Stag, If you truly believe its a steal at this price I'm confident you will announce you have made a sizeable purchase to verify your statement. Pallinghurst are clearly trying to steal the remaining shares it doesn't own at this price.
That's correct Monte, the offer is only 38.5p. For the shareholders sake lets hope this triggers one or two other parties becoming Interested because I suspect they must be extremely disappointment with this offer.
Macquarie lowers Gemfields target price 90.0p to 80.0p. I think ericeric forgot to tell us of this. Macquarie on 6th Feb 2017 stated Gemfields would outperform .......their target price was 110p (Anybody notice a trend here?)
Excellent research Gemdealer, post recommended. So for clarity, with an extra 60,000 cts of Rubies hitting the sales we can assume that this is likely to mean that the price that GEM would be expecting for their Rubies is likely to be considerably less........not good news at all.
I note your comment to wash1. Sun 20:59 And what about other cos I have recommended such as Gear4Music , Central Asia , DS Smith and the cos I have warned against such as Daniel Stewart, , Fitbit Xtract, Cloudtag, Vast and many others. And how do you know what we buy and sell ? I do not post when we are active in a stock. If we believe your defense when you make such statements, should we believe that as a gentleman you will return to the SOLG BB and make an apology to those people that you Influenced (not me btw) into selling due to your constant de-ramping and having got it completely wrong? I think this would do your credibility some good because you certainly seem to be out of favour wherever you go. Good luck, I won't hold my breath I know you too well for what you really are.
wash1, you will never get an admission from someone who's only aim on Solgold was to make money by others selling. How right you are though, I've been telling people here the same for a long time where the real money to be made was. I'm still in Solg and still expecting a 3 or 4 bag from current prices over the next 2/3 years, do people expect the same here? I very much doubt they have the same confidence.
You look at JP Morgan Cazenove's prediction of 44p as Incorrect? How strange seeing as the SP has hit 44p and yes admittedly exceeded it however it still makes their prediction correct no? How many times have FinnCap's target figures been hit since 21st May 2015? .....Like i told you ZERO..........I repeat ZERO So you can twist brokers predictions all you like by saying they are only for guidance however If we said which broker has been correct you would have to concede that JP Morgan Cazenove have been correct at lease twice during this period and ericeric's continual STUPID posting of ridiculous other broker recommendations make no sense at all CONSIDERING NOT OF THEM HAVE BEEN CORRECT!!!!
from our resident ericeric. FinnCap have made 13 recommendations for GEM since 21st May 2015 alone, they range from 81p - 1546p (yes still shows on LSE website so in my mind is correct) How many times have they been correct? .................ZERO, say no more.
You may be new to this stock but our resident expert (JOKE) was busy tipping this donkey at 66p so many people have him to thank for that and will still be hoping for further rises here just to claw their money back. He also tipped SOLGOLD to go broke at under 2p ............GUESS WHAT? Its now at 14p ......he may be a guru to you but not to me and that's a fact!
Infact one broker did get it right ............they had to DOWNGRADE to be correct though: 04-Jul-16 JP Morgan Cazenove Neutral 70.00 40.00 Downgrade Well done to JP Morgan Cazenove at least they don't live in fantasy land unlike some of the brokers that tip this stock up, some respect must be given to them, I suspect they will DOWNGRADE again very soon.