Company winds down business.
Share price dwindles.
LTH's nursing heavy paper losses.
Antos buys in.
Antos has several companies, one of notable interest being Coeur Gold.
Couple of placings that we are told are to facilitate the costs of winding down. Antos willing to hold at 14 percent.
Couple of RNS's hint at identifying RTO targets.
Another holdings RNS with another individual buying in.
GM with resolution 4 voted down.
Make of it all what you will... can't do bullet points on here or I would have done for the above.
Mh3834 - have a look at the last two weeks worth of posts and you'll get a flavour of what's going on and why you might struggle to buy... in time people will be happy to pay many, many multiples of what will be getting paid now...
All the clues are there...
Well, fresh isa week next week. I feel that this is good timing for many.
Let the ink dry, dust settle, don't be terrified of holding and see how this pans out.
The answer would be similar to how long is a piece of string...
Its relative to whether you want a long term gain or a short term gain or even both.
There's quite a broad spectrum of numbers that people will give on here and I cant rule out any myself. It all depends on what comes this way and how things work out.
I've said the same to another chap on here before too... dont stake more than you can afford... hope it does work out but the change has come from sentiment... it was in the mid 0.2s I bailed from having bought in 0.5. Prospectus and timeline indicated that around now is when funds were needed - be nice for Art to not stick it to all PI's and place but instead have some other measure available.
Thanks
The only way I'd buy back in is if it was concrete funding was sorted and all approvals in place. I'd then weigh up and entry point. Too risky otherwise...
Indeed I did... not a massive one but 50 percent is still better than waiting for where it is now (and may be post placing)
I wasn't holding a huge amount.
I check in on this board every now and again (now that I'm out) just to see if there's any hint of progress - what the heck have I read today? How many times can one poster post? Lol
Personally I'm holding for much more but like you Applegarth, I'll be keeping plenty in. You never know if this is going to be another Solgold... imagine how much your holding would then be worth...
Short term and longer term gains to be had by all.
Yep, i'd definitely wait.
There are options for how they could come about and fundraise.
Not going to 60 bag overnight but maybe over a month or two if things go right here... such is the joy of being in when the mcap was around half a mil!