Member Info for Montecristo

Of course, now that it's been established that Norges have indeed been building their stake.
We have to ask the real question:
Has RK been buying? Talk about solg not keeping the register up to date. We have not had a RK update for at least 3 minutes now lol.

The colonel
Spot on about Norges, well done.

RK buys more than that for breakfast.

# any other

Was the former CFO implemented?
Fawzi flying first class no doubt, picking up where Nick left off.
Big salaries ,first class travel and champagne all the way.
Solg, the life style company just like another other AIM (sorry former AIM, cough , cough) company.

Sad to say, the more time goes on, the more shambolic Nick's time as CEO appears.

Let's bring in Colombo, perhaps he could start with that 4.5 mil.

Junglejane
I don't doubt that for one minute.

I would have thought that is because, you can only have 1 bidding process whereas there are 365 days in a year. You can only be right once, if you forsee a bid.

When Nick said exit points, I don't think he had very short term spikes in mind.
He felt that the SP would find new levels as time passed with new milestones. This has not happened . The point I'm making is, things did not play out as he imagined.
That why you can't always trust what the company says.

This talk of bids has reminded me of something Nick Mather said some time ago.
"There would be multiple exit points along the way"
That has not been the case, sure we have spikes ,but I would not exactly call them genuine exit points where you can make an informed decision.
I think this is an example where you Can't trust what the company says after all.

I reckon the American markets could have another 15-20% to drop, with the British Market losing another 10% in sympathy. Anyone holding some cash and their nerve, could do very well. It will take some time to play out. All in my own opinion of course.

Ftse has some very good companies at very good prices, unfortunately, like I said last week, the American markets and the wider Geo political and economic situation will drag it down , when it finds a bottom, there could be a very good opportunity. Where the bottom is,is up for debate. I think we are some way off imo.

Best of luck buddy.
Have a nice weekend

Its very basic knowledge Bud mate.
Surprised you did not know that.
Tread carefully,the markets are no place for people who have not got a clue.

Dumb money is a term used for retail investers because they will not usually have the same insight as the institutional investers who are referred to as the smart money. Obviously not all retail is Dumb, but sadly most are, statistics show most lose money in the markets especially with riskier investments
With regard to solg being a great buying opportunity, no matter how good an investment, no boat can float against the tide. If the markets correct, everything will go down with it.

To be fair, it's a very risky time the be buying high risk assets, with the American markets in free fall, surely if anyone was thinking of buying at the moment, it would only be retail, dumb money in other words.

A lot of the smart money is predicting a recession.
The caveat is company earnings have generally been very good.

Loooks like the Americans happy with the Fed announcement and 0.5 rate hike. American markets on fire.

If they offer it to BHP, if anyone else wanted it, it would draw them out, plus they get to start the negotiation with a price they what in mind.
Sometimes it the obvious things in life that work the best, besides cornerstone have never been shy about letting the world know they want a sale.