Member Info for Monkshood

That is about it, NTG taking over Redde - it is finalised for the 21st . Had it occurred after the 6th March Redde holders would have got a 5.5% div. Mcap of merged group should be >700M which puts it in the running for possible FTSE 250 inclusion/reserve list at a later date. The 'right sort of shares' in this zone often do well which is the reason I am in on this.

Fair point, it is interesting how we can both read the same thing but have interpreted it slightly differently - clearly myself incorrectly. I had emailed them to ask about this and got directed to the 'in the event' sentence - I took this to mean that they may pay it......

My understanding was that they said by end of Q1 - rather than specifically pre ex-divi date (6th March). As NTG holders have recently received their divis and the directors of Redde hold a lot of shares I had assumed that they would time the merger to be after the Redde ex div date (two weeks later than that proposed) .

It looks like the merger date is the 21st Feb - so no divi ….
Not what I was expecting

It looks like some of the shorts in NTG are reducing.

Hi Big B. I thought that you may have already been out.
Fortunately, I came in a lot lower than you, loaded up on the sub 60 dip before Christmas , sold a chunk on the rise at over 70 and then topped up again in the recent low 50s - so it has been OK for me.
It has not been what I expected though - I thought that they were less financial stretched than the appear to have been. I could also, originally, see a path through to 750k pa, but as they are selling Ravenswood (and Bibiani?) that will not now be the case.
I think that they should be OK now they seem to be getting on top of their finances so I am holding for the mid term. If they can get a couple of quarters of decent production in they should rise to nearer to their peers . My main concern now, is what will be the cost of going underground at Tabakoroni, which seems to be the next step.
I have found the senior management excellent at responding to any questions that I have asked which has given me confidence to remain invested here.

The C share conversion, to give an MCap for song around 900M, now means that this near 'top of the pops' for entry with the next rebalance/replacement. Both funds are (were) on the reserve list (with a note that there were 'a company') but cannot have been treated as a single entity as HYVE went in as the last replacement, with a what, as far as I could see, a smaller Mcap than the combined value.

I think that my Ve-dry typo must have been subliminal , and was very tempted to say that the results must have 'leaked ' before the rns …. but resisted the temptation.

Pleased to see the capital gain on Entertainment AI - I was rather sceptical of the spend on this at the time as it seemed rather 'incestuous ', however it looks like it was a good call.

I was expecting these to be good but not quite as positive. The rise lately clearly shows the news had been getting out in advance of the release of the results though.

Up another 3.5% on asx - now equivalent to 59p - so this should move up today.

Yes, seen it now - one of their bargain shares of the year tips - shame as I had been hoping to add a few more at the bargain prices.....

Any reason? I have been topping up in the low but was (nicely) surprised by the jump today on a reasonable volume.

Shorts reducing and share price up nearly 3% on asx. Now around the placing price again.
I wonder if rsg will also put out some 'good news' before the closing date (Feb 21st) to encourage take up of the share offer to existing holders (in Aus)- Bibiani/production update??
I guess that they would like the share price to be above the placing price by the closing date.

I was not expecting an increase after such a cryptic trading update... Wording and lack of numbers makes it look like short term not too rosy but 'strong sales growth for summer 2020 departures' looks promising for later in the year.

Yes, nice move up over the past week. They were talking of having a more significant share buy back next financial year which could have quite an effect on the share price.
Next update will be March, it will be interested to see how their new strand of online marketing of leak products is going.

Will they delist on the ex-div date? It would seem a way of paying the divi (5.5%) with, possibly, less impact on the share price.

I am sure that the is also an element of the jurisdiction in play - there have also been problems with other gold miners in South Africa last week.
However, it is following the asx listing down. The shorts had been closing but I think that they increased again over the past two days. I think a lot has to do with shorts trying (seemingly successfully ) to push it below the placing price - hopefully with the intention to exit. Even the more bearish on the asx BB's seem to be buying in so it will be interesting to see if it turns tonight.
https://www.shortman.com.au/top

Shorts are reducing on the asx. Also rsg has 10% of oku (McapA$100) which has risen 50% this year. POG still high, so it looks like the tide is turning.

I agree, this is one of the few shares that I get excited about, in as much as what will be possible from the technology rather than as an investment.
Still, nice to know that they have cash through to mid 2021....