Member Info for kevin0541

I disagree Culpepper. It will be accretive if the value of a single share increases by the deal rather than decreases, say though pure dilution. If the market ascribes a true value to total ownership eg takes away the risk factor and say consolidation and an ASX placing also occurs, the price could (should) go up. Also it could be accretive if an ASC listing and placing achieved the same or higher price per share than now. Other companies have managed a placing above actual price. Too many variables to say it cannot be accretive

Apols if it has been discussed at length before, but why do people think Dean has been appointed as a non board member. CFO is almost always a board member for obvious critical reasons of financial advice and expertise. Shaun would have been a Board member at Northern Star, so why not in Dean’s case??

The big change could be because the current shorter is a small boutique firm based in Hong Kong and therefore on a different time zone. You can be sure they covered the risk of a rise with buys, so as the SP rises so they must buy on auto trades. JPM were much bigger and could ride out the storm. Just my opinion and hope!

Funny how only the major posters on here have a right to a valid opinion.

If it’s codswollop acechaser give me an example of their own risk purchase??? Shaun bought a tiny amount in one of the placings because he was obliged to do so, and has done nothing since. The other new directors have bought nothing.

Oh and I should add that Shaun promised in an open Town Hall that he would buy when he could. Total lies to placate people when he is physically in front of them

No value indeed but what have they lost - nothing as they don’t have to exercise them until there is a profit. If the SP doesn’t reach the exercise price before they expire it costs them nothing. My point is that they are taking zero risk and showing no commitment to the company with their own money

What I dislike most and have said so many times, is that the Directors have shown absolutely zero willingness to buy shares at any price and simply draw a big salary and take options. This is a disgrace and shows very poor leadership and confidence despite all the hype (accurate as it is) about the fundamentals. This is AIM and such purchases make a big difference when they occur (Gervais knew that) yet this mob hide behind the closed period excuse. Absolutely no way this has been and still is a closed period for years without any gap to act!

this ****e keeps happening every rns. in this case he should have bloody waited until after mre as it added sweet fa for shareholders. sd is an accountant and doesn’t even understand how aim works. all we bloody need now is another delay to mre and we will be back to the lows. this really does stink and yet everytime i ask myself why are the shares on loan so high, i stupidly convince myself they can’t really believe this will keep falling/failing so all will be ok!

We all wanted an unequivocal statement yesterday, but he again caveated due to the need for other sign-offs. Presumably his meeting this week with Newmont is to get that, but if they want changes we are stuffed - again! My worry is that the shares on loan are still not reducing significantly and so JPM or others still believe it isn’t time to cash out fully yet. Sadly (and perhaps on an informed basis) they have been right most times so far. Hang on tight and let’s all hope for a full whiplash release of this SP

The thing that interested me re AGM was Shaun’s highlighting of the NW trend through Scallwag BEFORE later mentioning ‘Scallywag results due out next week or week after’. Maybe it’s wishful thinking, but he does seem very positive about the NW trend and a likelihood of a hit in Scallywag

Anyone know the current position. Seems to me these guys are still holding shed loads and taking advantage today

He did say he is meeting Newmont in 3 days time so presumably that is to get their agreement

Just got the same for 500k shares. There are buyers a plenty it seems 🙂

It is amazing that after years of this that ppl don’t understand a UT and trades thereafter. The market will open tomorrow at 10.2 - 10.5 and ignore the end of game trades, many of which are likely late reported and what drove the increase on the day.

Sorry, we will open at 7.9 as that was the last but before UT

The opposite is true. We will open .2 down to reflect the last bit before close. It is always that way

Your nose must be like Pinocchio’s Tymer if you think 88p is achievable now. Dream on

Meanwhile the f’ing shorts are back to destroy all the good work of the past week or so!

Australian Times Article

https://www.theaustralian.com.au/topics/newcrest