focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
There are many positives around the HH placing. The arrival of a high calibre institutional investor is great news for PIs, as it achieves two important goals. Firstly, it will encourage other institutional investors. They all talk to each other and nobody likes to be the first, nor do they like to think they might have missed out. HH will now be talking our book. Secondly, it gives us a sense-check on any deal management might be inclined to sign. I have complete trust in their judgement, but it is good to have a professional equity partner on the register, in at the same corporate entity as everyone else. Given the many different forms an investment could take, this is very encouraging.
I've wondered for ages whether Peggy Cilla might be Ann Gloag. Obviously shrewd, but seems inexperienced when it comes to illiquid investments, and constantly looking here for reassurance, which is absolutely the wrong place to find it. Strikes me as a potentially classic pair of loose hands. Probably barking up the wrong tree...
Everybody here needs to remember that the commentators are - in the main - protected by an alias. You should treat this forum in exactly the same way as you would a poker game with a set of complete strangers. The difference here is you have no idea if people are long, wanting to get long, or even short. You don't know if people are clever or stupid, industry experts, financial experts or complete novices. Sure, there are clues, but the cleverest here will be very skilled at hiding their agenda. So - the first thing you should ask yourself, if somebody chooses to make a spurious comparison, such as that with Sirius, is why? What is their motive? It almost certainly is not because they want to help you. Who benefits? Answer that, and the idiotic comparison with Sirius starts to make sense.
Well done EB. It's very tough to buy when the World feels like it's coming to an end. My last buy was at 1.7p and I was buying other things last week so sat on my hands re. Arc. When this finally moves it will shock and awe. I salute you - nice print.
Not £7m, 7 million shares or about 1% of the market cap. When there's nobody to take the other side, the price craters. You would need your head examined to try to sell in this market so I would guess it was a margin call. Who knows. Makes no sense given the convert was raised at 4.5p. At some point those guys will step in but they might as well let it find its level I suppose.