The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I respect what your trying to do, the likelihood is that nothing will come of it but i sincerely wish you the best and all others. Be back in about 6 month to check in.
At least we know we are going to October 2025:
*Yarramen Corp Limited, a company owned by the family trust of Cameron Parry, invested £1.3m in Tally Ltd in December 2021 at 2p per share, which investment was funded by a loan from Tally, and secured by the CEO’s total share and warrant holdings in the company, along with his entire holding of Railsbank shares, for the sole purpose of participating in the placing of 65 million shares and 65 million warrants. The loan is repayable by 31 October 2025 and interest is paid on the outstanding amount at 2% per annum, paid monthly.
Seems as though the status quo is resumed, sure I said something similar last year about this time but you might as well all have the summer off from this share. See you in 6 months, gla
Indeed. They are in the best position for a takeover bid considering the price they paid for their shares. Not long now until news that can raise the price is released.
As some alluded to the raise was always coming. Today's RNS was just not to plan when to release the information and inform shareholders. Its not been ideal they way its been announced as diminishes trust in the board when communicating with shareholders. Damage limitation will need to happen as he can't deny that we don't need to raise funds but also can't say the article is a lie then lose credibility later on I the year. I would expect an admission that it does need to happen as one of the requirements for an ASX listing as the added shares will be quickly bought by the Australian market
For an RNS to be released says everything to the market and the reassurance that shareholders will be consulted first in matters is undermined by the release of the RNS. The main catalyst in share price rise is yet to come hopefully before ASX listing. As a LTH that will be the point for me whether I sell up or stay for years to come. The superstar board are starting to get more questions asked rather than answers given.
The CEO of any company is not going to suggest the need for a new parent company without it actually going to happen. The last shareholder meeting we gave away any strength we had as PIs for good reasons at the time but underlining that with trust in the new board. I guess this means no more town hall meetings. The catalyst for any share price increase is within the next 6 months unless you plan on waiting years, everyone makes their own choice.
I see the status quo is still here, years of going around talking about the same things. Must be psychological torture. Do yourselves a favour and come back in 6 months and enjoy the summer like me. All the best
Ah great thankyou for the update
I'm trying to remember if the FS update was stated for the 1 quarter of this year? Which would make it this month and if that is why SD is visiting? Other than raising finance or dual listing what other business could he have?
Can't make the meeting but have added my question. It is good to see Shaun Day regularly communicating with shareholders in an open forum.
No it won't be.
I appreciate the good posts on here and we'll researched opinions but have stopped reading as frequently as before, maybe once a week now rather than daily. We are at a point now where every scenario is discussed to death and a new rabbit hole is found. I've seen many honest posters ask a challenging question and the cult like following hammer them. The environment of everyone is trying to get us and those pesky MMs has worn a little thin after a few years and if anyone honestly thinks that negative comments on this BB has the dramatic effect on the sp they need a reality check. What this share has done over the years is demonstrate we know nothing on the decisions made in the board room, this includes the respected posters. I'm looking forward to this year but will wait for the RNS to arrive. GLA
Even if there was a new BOD coming in I don't believe it would affect us directly. Newcrest own 70% for a reason and have just given funding to telfer to extend its production to 2025, thanks to TT for sharing that article btw.
Ah I can see from my usual drop in every few months nothing has changed here. I don't even need to read the threads to know Cameron has delayed relist again lol credit to the ppl that still post regularly here. Let me guess still trying to raise funds? He was supposed to try crowd funding years ago. Bigmj will probably be posting soon about how much faith they have in the company but don't want to post anymore because of the negative responses. Oh well next Q and A it is for pointless information. I suppose investors are waiting for crypto currencies to crash to put some faith in physical gold or maybe a digital gold back currency, oh wait a minute...GLA maybe one day we will get some money back.
Lucky enough to get in early on this share, I remember saying to my friend if it drops down to 0.7 il buy some more....ahhh hindsight lol topped up at 8p after having a free ride on this share since I sold some at 5p many years ago. Sold some at 33p to give the wife a new extension. I now hold more than I ever did. I'm in for another 2 years see where we are then. Like a few I would now be happy at 50p if it hit before then. At the moment these are all dreams and no guarantees. GLA
I'm not particularly worried about the daily SP at the moment. I believe a lot of profit taking has taken place after the recent rise and build up on confirmed funding in the last few days. I expect the price to be between 6-9p up until the FS which can be anytime this quarter but will most likely be in December. I will be trying to add more shares at these prices over the coming months as without anything significant in an RNS we aren't looking at a massive increase in the short term.
I think a lot of profit taking is being taken today with the recent increase in share price. The next catalyst will be the FS due in December, it could be this month or next but I believe it will be December. I'm not expecting much else in between except the sp fluctuating between 7p - 9p unless the company release something before the FS.
I don't tend to buy too much I to rumours but he was nearly voted out last December. I suppose we will see in the coming months.
*catalyst