Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Barry5 has a point in weakness, yeah 0.15p drop is explained through ex-divi but its at 0.20p decrease, while gold has just broken out $2200 again today. upward gold price against a larger decrease compared to dividend payment shows it clearly ahs some weakness there.
Surely that is unlawful, if we have written communication they have done that it shows clear misleading of shareholders and treating PI's unfairly. Surely that cant stand if the vote goes through!
Can confirm i had to revote 4 out of the 6 actions again today, are we in a monty python film? is Manuel from Faulty Towers running this whole vote scheme? who knows?
Have to call out the pricing behaviour, since the raise in offer this morning the price has moved inversely (very marginally down). Surely has to be a sign that chances of this going through is very shaky or this would of moved up to the 15p price not broadly flat on the downside.
Results are due 28th March, where has he got that from? I dont see this announce, is this going off last years results date? this will almost certainly be "delayed due to account sign of delays from auditors" or some nonsense like that surely anyway?
Really does look like they are scrambling for this one, must be worried on the outcome... good! And so this drags on longer!
2 days until we find out if we get shafted, hope everyone's limbered up ready
Well done for some of you buying at the 4/5p mark stand a decent gain now, momentum looks to be picking up. Hopefully this is the end of single pennies share price, need some long term funding certainty now and should jump. And ill pick up some more at that point.
Just voted too, honestly thats a weeks notice. we could of been on holiday, that is not a fair and reasonable timeframe. looks like they are hoping people miss this. everyone check your voting centres on respective brokerage accounts, something stinks.
While also voting to remove the BOD and against remuneration for the BOD. i wont be comfortable holding a company that leadership as show clear contempt against its investors.
I love how we are getting taken for a ride but also if we fight for this successfully we also have to pay for the privilege of them attempting to shaft us and all the fees covered for them getting advice on how to steal the company from shareholders. Truly the cherry here!
Im not taking away anything from the news, I have a (for myself) sizeable holding and it is more than welcomed. We all have our own criteria for investing and risk appetite, the news today isn't enough to get me to average down although it could very well be a/the catalyst for continuous positive news flows. I will be waiting and watching closely until I see something that makes me more comfortable to add more. But it at least has massively subdued the doubt in my investment over the last couple of months.
I would tend to agree with this, although its positive news its not solving the biggest question. Are we meeting targeted cashflow positive production and can we survive. i am way too exposed to this company already for the risk and will not be investing more until they can prove that fundamental point.
Just to confirm i have not made any transactions since my vote and in turn have not been asked to vote again.
Everyday they keep buying and selling shares, are they buying these and selling them directly to people that are backing their cause? are they allowed to do that? or are they just skimming money off the shares going up?
That would still be an insult 18p+ originally but 20p with the gold price trajectory.
Was just about to comment that too, looks like somethings about to materialise given the pace of the pricing increase from yesterday evening.
Really tempted to sell my VOD and by more shares to add pressure to this price... hard decisions ahaha
Essentially WK is a self funded potential major mining operation but again, with zero debt now they can easily borrow non dilutive debt to bring forward mine development also.. i am still perplexed there is no outside offers for this, maybe an upped bid might get a rival interest with gold prices like this its massively derisked WK operations.
The $100 usd/oz rise has increase profits by $2.5m a quarter, $10m annually. Also still waiting reserve and resource update and singida drilling update... by the timeline in the presentation all should of come out February and March.