The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I liked him he seemed to call it right probably influenced me buying the dips. He invited us for a stay on was it his sons farm. He gave us the post code but I never found it. I don’t remember him around at 3p down to 1.44p he seemed to call it correct when Irwin got involved I wondered he he knew someone close to him
I can’t sleep I am 62 and haven’t felt this excited since Christmas Eve when I was 7 couldn’t get to sleep then either. No I won’t be taking the cab out in the morning staying at home watching this unfold. If it opens where I think it will. I am in retirement. Onwards and upwards. Nick Mather playing a blinder and Rio would like a bit of the action
In a 600 million pound company when only a 1 million pound worth of shares are traded daily Any one company would relish the opportunity to hover up 30 million shares at the current price If they were looking to making a bid for Solgold
A potential bidder is going to have to keep the price at least 5p over the 28p options the employees own otherwise they may just let them expire No the employees have been selling in advance in order to buy these options IMHO the floor rock solid for this share is 33p 34p any lower and we wont have a bidder At the moment that bidder cannot believe their luck buying them up below this price .The volume is so high above normal we must have at least one bidder lurking If the volume drops along with price that bidder may have changed their mind No fill your boot bid battle start of November I think
If I wanted to buy this company I would mop up the overhang from these October Options before making a bid so first offer beginning of November. More than likely. BHP were never going to bid before they got hold of the Maxit options. The disappointment was another bidder didn’t appear to mop up these shares maybe there’s only going to be one bidder. Unless the Chinese are coming
Looking on a negative side you could say we dropped from 47p to 20p because we spent 12 months drilling in the wrong place looking for the rich core but Hi Ho we have found two of the five fingers Steve Garwin was on about no I bought another 3100 today I am very confident that I will be retiring soon
Its a different thing now we have found a second rich core at 20p the risk was there may not be a mine that was profitable with a second rich core although that risk is still there its not so high at 26 p what was significant was bhp didn't do any due diligence they knew solgold was worth far more than that Now they are hovering up the options on the cheap this share has plenty more to go up even if we find no more
If we are again going to stay cashed up and the market have got wind of this. They are shorting hoping to buy back cheaper I for one think this from what Mather says on the mind boggles interview probably is happening but he might receive funds for more than the price it is now at If it goes a lot lower say 25 p it won’t stay there for long. Nothing at all like last time
3 million sold 1/2 million bought MM look very happy to take them on board Two new MM in last month really stocking up one with BHP and the other lebrum was that solgolds they are going to make a lot of money falling over themselves to go long on these options IMHO
30 years ago I worked for B A T a lot of the workforce made fortunes on share options you paid 1% to hold that your yearly salary in a 4 year period the price 10 bagged everyone just cashed them in and took the profit the shares were sold into the market options cancelled new shares issued The market RNS was given when the options were issued
From what I can remember from memory they ran for 2 years maxit could exercise them at any time in the two years which runs out this month October Last I read they had 9 million at 14 p left and 31 million at 28 p If they are just cashing in these options in the market this share price is holding up extremely well It hardly dropped at all