Member Info for Hertstrader74

hmmm, not sure the market makers in HK know which way to take this at the moment

lets see how the Hong Kong market acts as we move closed to AGM on Friday and results monday week, we are up on last week so clearly some participants have taken positions

McClaridge, it could be some of your buys went through on the AQSE exchange

not much left at 0.27p, expecting a strong afternoon, drill bit turning isnt far away

Topmoney. I am equally concerned. RB did tweet expectations due to be met but not sure even with good results I can hold for another 6 months before interims and any clue as to what’s happening. I may sell half next week before results just incase of bad news

another solid day in Hong Kong, almost all buys today, should see it move up towards 0.6p ready for the weekend then a week left of trading before the AGM and results week monday is my guess

Didn't Richard Bennett recently tweet and break radio silence saying end of year forecasts for CNE were on track??? so results should show another year on year improvement on profits, and they need to let the market know what the 10 million from ipo was used for and how this will positively impact the company moving forwards, and yes, a maiden dividend would be most welcome as compensation for the last 6-9 months. They need to salvage some good will after a complete shambles of an IPO. 28 million market cap is a complete Joke

How many % wise are left from the AIM days i would imagine a fair few will have sold out already???

Encouraged by the steady increase in volume. Does seem investors are starting to take positions ahead of results and agm on 24/3. Sp now at 0.53. Hugely undervalued

When are we
Expecting the results

Topmoney. What are your thoughts on the pull back. Volumes are quite low but we simply don’t seem to have buyers at the moment. Does seem absurd the drop of late with results only 2 weeks away. What have they done with the 10 million ipo funds to increase shareholder value??? Our only hope is once end of year results are published that the BoD feel they have fully made a clean break from AIM and start to keep investors regularly updated Radio silence since June is not going to help pull in new investors with a lot of angry Hong Kong investors paying up to 1.38HK on IPO day scratching there heads at why the market cap is so low

Could well be nervous investors and AIM holders selling out during this prolongued pullback, i did expect a drop back to mid 0.4s but was expecting this to start rising into news. Could well be HK investors have heard results are on track, but no dividend. For the love of Christ, the BoD just do not help with radio silence as no one has a clue what is going on apart from a tweet a month or so ago saying things were on track. As long as there are no nasty suprises in a couple of weeks with the end of year results, todays vaaluation is completley absurd

I agree, the company is well placed with the drill campaign later in the spring. Zero Debt, recent placing already flipped and 2 million in the bank, low cash burn, and income from 0.2p warrants. There is still some overhang (200 odd million) warrants some at 0.2, most at 0.3) but some decent volume days on news will flush these out. Got to be looking at 0.5p minimum when the drill starts turning

It should see a goo re rate once drilling plans are finalised, we have some warrants still to flip from previous placings, but a few very good volume days should clear that. we need Roy to announce half decent results on the dore bar, and tailings to get us above 0.3p before we get the drilling news

I’m pretty sure a lot of aim holders have been selling out over the last few weeks creating this overhang as the sp falls back. Should it be trading this low at all and one would like to think it should rise again before the results. Very frustrated at the radio silence as no one has a clue what is going on. Current market cap valuation is a joke

Hopefully that drop earlier to 0.44 was the bottom of this week long sell off. Results had veered be encouraging

For sure a lot of the recent selling will be disgruntled ex sun holders selling out at the recent rise. Will be interesting to see if the big buyer comes back later in the week. Seems folly to me selling with just 3 weeks till the end of year results

13% down. What is going on. A shake or sell off? The valuation is a disgrace and the worst ipo ever surely. I would have expected investors buying in for results not the sell off over the last week or so

Looks to me the market makers in HK are in an accumulating phase. Can’t see it being this low on results

Sp seems to have taken a breather of late. Low volume last night