LOL, yea, I realized when Elartu posted the mistake. Still a good buy at 8p either way, (as it was then)!
seems to follow general trends rather than being sola specific. THey are even more like sheep than we are. Or Lemmings, whichever. Last cycle we were holding it back, this time it seems to be them. Results today. Is the price right or will it jump one way or another?
Anyone know what they are? Spread just enlarged to 32/40. So few shares now it doesn't seem to take many buys to rocket up. Or down.
Unfortunate timing. Can be a very frustrating share. Got to have patience unless you have impeccable forsight. Never lets me down though if I just wait. Lots in the US were going long last month on this to acheive £3 in July! Its like the British weather, predictably unpredicatable short term but over medium term always does what it says on the tin.
it is a bit of a no brainer. However I was wondering if there were rumours of confirmation that the options were about to be exercised which would account for the flurry of buying now. On the other hand maybe its just a bit of Russian roulette. How long can I wait till I actually buy these before they go up. There's a few like this. Glad I topped up 1July! Cheaper then.
At last. Wonder if rumours are flowing. Anyone heard?
that if this deal goes ahead then what amounts to 28p per share will be returned to shareholders. So thats 3 fold straight away. Always a risk ... always, but I think its worth a flutter for that reward. The 10% should be worth a couple of pence too!
Did you get back in anyway? Lot of bullish sentiment betting on £3 in July.
As I said in my last post this is such an aukward b*****. You can wait as it bounces inumerable times then when you decide to ride a bounce and sell to rebuy it will stick a finger at you and fly. Its done it to me more than once. It demands almost inhuman patience! This time the little b is on a leash pulling hard to get me to let go because I've seen it retrace so many times. It will, and maybe you will get your wish. I hope so for you, as long as it remembers which direction is up again! Mind with your luck, on this being even worse than mine if you buy, maybe I should sell!
in US. Up 16% so should open at around 150p tomorrow.
What is it about sola. If you sold in the hope of it going down to 110p again, it would fly!
looks as tho' you might be in profit today. Heading for 135!
will be anounced before U.S. market opens on Thursday, followed by a conference call at 2pm. I wonder what activity might occur between now and then?
3.5 p per share. So where to from here? Is the money going to be used to revive the Quintana Gold mine? Is that in the hands of receivers and lost? Not up to date on the permutations here. This is good news either way and for me represents 2.5 x my capital invested. So fingers crossed this letter of intent goes through. good luck with your position. This didn't of course come up on London Stock exchange, so thanks for posting.
Chan, what choice do you have? Makes sense to be another gold stock.
agreed GedW. Doubled up yesterday.
npv would be 205p per share. One can dream!
rise was 40% today for sol. Will open around 129. Sola knows how to move! Expect more of the same! Rarely do theses rise for a day like this without continuing onwards for a few more. Don't be fooled by breathers too quickly.
B shares provide a legal way of returning capital. They are worth in this case 33p each, are not transferrable or admissable to aim for trading. They are simply redeemed for 33p cash. Nothing else you can do with them. Since this is capital it should not have tax deducted as dividends. Its part of your capital gains (or Loss). The Andash mine is valued at zero. they will give the govt 20% in return for their co operation. This returned cash was a chunk towards mine development. THats not going to happen until political stability comes around. Giving cash back first enables the 20% transfer to take place minimizing shareholder losses and risk. To bring the mine into development will require more than double what they are giving back. When and how is speculation, but the management seem to know what they are about. They are sick of stupid political games and want to kick the government into a reality check if they want this mine to generate wealth for their country.