Member Info for NRL2901

Lots of us will load up at 160p. Rns very ominous for me but not selling my holding. “ The Company is working to restore trading on the SETS platform, if possible, as soon as practical but in the meantime confirms that the SETSqx platform should provide liquidity to investors”. Key words are “if possible”. And, as others already noted, no clue re root cause of issue. Assume sanctions, not gamestop style liquidity situation. On a risk reward basis this is still a good company for me for a small fraction of ones portfolio. Always remember never invest monies you cannot afford to lose.

Yes it did maverickd as I was quoted that. But within a minute had gone from 265 to 282. I ended up buying the latter. Was dropping so fast was worried something was said at meeting as results not that bad.

Is anyone still at the meeting as can buy at 281. Agree with people results were not bad. Massiveray and maverickd your thoughts in particular as trust you both from other bulletin boards.

Also to restate something redknight1 previously stated. There was only one trade in 19 minutes and 48 seconds in a period just after 16:00. Unheard of if people (1) fear a further fall or (2) do not believe a bid is coming.

I think we should change focus from if a bid is coming soon or not. I reiterate a point I think theitalian made several weeks ago. The Chinese are shrewd business people. They tend to buy in at or near to the bottom. I topped up at 16.43p late this afternoon. This is around the price the Chinese paid. Bid or no bid, there appears far more upside than downside to the current sp. This should be investors and prospective investors focus.

Thanks Red. We will see. Hoping it is done this tax year with the forthcoming changes to cgt you previously referred to.

Red, let us see what the next few weeks bring and if any offer arrives. For balance Irwin was clear on 24 November that “ You are in the wrong place if a 600 percent return here is your expectation”. So lets firstly receive a bid then evaluate from there. Remember being in the AA. People thought the first bid of 35p was a lowball mickey take and it won. Partly due to board incompetence (but order board not covered itself in glory for several months). But also lots of dark arts go on, as a man of your background would understand. Hopefully any lowball offer would trigger a Noront style bidding war. But not guaranteed and key players clearly want some form of monetisation.

No. “ Meeting Access
Shareholders can participate the meeting remotely, via:
https://web.lumiagm.com/175-614-205 This can be accessed online using the latest version of Chrome, Firefox and Safari on your PC, laptop, tablet or smartphone. On accessing the meeting platform, you will be asked to enter your unique SRN and PIN.”. Question is how get srn and pin if hold via a hl or etoro.

Thank you for a quick and honest answer.

All - Apologies if this has already been posted but too many posts on here to keep up. Comes from Irwin’s twitter feed:

https://www.afr.com/companies/mining/how-bhp-newcrest-may-lose-their-copper-prize-to-a-scrappy-crew-of-minnows-20221114-p5bxxy

RedKnight1 and TheItalian - thank you for your continued good posts.

Red - out of interest why did you bail out of atym if you now only hold the shares listed recently. Looks a good lth to me.

Judging by the sp and how we dropped from 2p yes unfortunately.

All ok thank you Synxs. Biggest lesson I have learnt from AML and Eqtec (and a point for newbies on here to consider) is to bank some profit. Was 90-105% up on both those shares and did not sell. Fact PIF and Geely bought, and main current shareholders took up their full rights issue allocation, is positive for me. Also feel company deserve some credit for raising the amount they did in the current economic climate. Lets see where the sp is in 12-18 months.

Good to see you posting again Synxs. Hope all is well professionally and personally. Miss the days when we had the likes of you, dimi, nevas, panterei, darrenbuffer on here.

Notes that redknight1 and thank you for asking that question. Shows must be something big coming.

Was surprised they took my question (and appreciate several will have raised similar questions) about "What is the timescale for appointing a new permanent group CFO following Ayten Saridas' departure?". Noted how Daryl sidestepped this and other questions such as if BHP and NCM supportive and funding.

Having relistened he also says just after three minutes in that majors tend to take over his entities and that is certainly the plan in respect of solgold. Maybe timing might be like noront Fortissimo and they feel current low gold and copper prices can help with a bid.

Fortissimo - It is mentioned in the slides (but not verbally by Nick) between circa 5:30 and 6:00 of his presentation at https://vimeo.com/731647251.

Kong1 the point to add about the new ceo is not just his age, but his pedigree and he has been a non executive director for several months. This was the only positive for me from q1 results day. Someone like him knows the company and must believe a turnaround is possible. He will not want to be remembered for bankrupting aston martin or shafting shareholders following his wonderful work at Ferrari.

I have not posted in a while but echo large parts of Kong1’s post of 21:59. Had faith in company but why Gregor decided to leave and Moers was sacked are two key things I cannot gloss over and creating doubts in my mind. Fundamental question for me is what qualifications in Stroll’s background makes him believe he knows the automotive industry better than Moers and Gregor. I have filtered c2 long ago so cannot see his or her comments. But such a steep decline in share price over the past 15 months has to now be a major concern. If the directors believe in the business then why no directors buys since q1 results? Feared a long month before q1 results and fear a long several weeks until q2 results. Who knows where the bottom is in current climate. Dimi’s 550p support line coming into view a lot quicker than anyone anticipated.

I agree with you carpy. Only two things I would add are:
1) next results are, in my opinion, most important since H1 2020 results when were worried share price may go back to 40p old money. Cannot believe share price back to where it was around time of those results given progress made by business in 2 years since. Need to see progress from the new models impacts p and l;
2) biggest lesson for me is to bank profits. Most of my investments have been 20-95% up at some stage. And now in red. Aston was 95% up now 20% down atm. Feel will come good. But a learning point for me nonetheless.