Member Info for OldFool13

Strange way of releasing news by Toby. A very late RNS on Friday released by way of media interview, then no release of updates this morning. Allowing speculation and accumulation beating the sell on news brigade. Lets see if it undoes the harm K2 have done driving the price down.

He could clarify the GM contract or anticipated value. Valued at A$7m is a bit of a joke in comparison. At some point he could also clarify SEE's financial position and whether a fundraise will be needed; to be fair SEE are so close to the end of the journey the possible need does not bother me, but the uncertantity does.

I looked into K2 a short whie ago and they are an outfit of sharks, they love short selling. They want out at any loss becaue in this market they need the money to cover said shorts. They will sell down to zero, the price in RMM will rise on the next good news, and K2 will be forever forgotten.

Its funny how posters cannot see their own BS. A little while ago the thread "expert" could not accept K2 was selling and swore blind that was not the case and that posters saying that fact were wrong. Then the thread guru sells a **** load and now the bullh1tter is free to accept this truth while "moderating" others excesses. All aligned with how many shares he holds and actually thinks people will listen - well 5 "likes" indicates there are still 5 mugs wanting listen to this BS.

Took the difficult decision to sell more SEE today. I have now reduced my holding 66% and staying in cash. Not particularly worried about SEE in particular but the wider economy. Back along when the SP was 1.5p and I was sitting on big losses I actually felt very close to the edge and I vever want to return to that feeling again. So I have sold enough to pay the mortgage and if it all goes to **** I'll still be ok to see that problem off and it was still doubling my money from the original buys. I still have a large (for me) holding here but at least I won't be revisiting those feelings.

Just imagine the SP if we had hit predicted output and K2 had stopped selling! One month soon both of those factors will be a reality then we will see a proper move up

NDA's fool not NGA's .... sorry folks

Hiding behind NGA's means they have a perfect excuse to withold news, but for what reason? Being of a cyical disposition I tend to feel the most important item on McGlones agenda will be to get the SP to average 9.5 through June. He must have a plan to stimulate this share, as I am sure hw will not want to miss out on his bonus.

Many thanks for the replies guys, much appreciated. It was really buried and at the time I thought I'd saved it but apparently I buried the doc as well lol.

Can anyone point me in the right direction concerning Paul McGlone's bonus award payments? If I remember correctly it was a 5 year targetted plan that was dependent on the companies SP being acheived for the bonus to be triggered.

As I said before, K2 selling holding the price back. We need this cleared to progress upwards.

Wow that was unepected, looks a good deal to me

But none of it matters with someone selling a large position in the background. Since the last RNS any rise is sold into and any weak day the price is marked down. That last RNS told us the most likeley suspect and until they have cleared the momentum will be negative.

The next news, whether that be output, Gold Assays, or whatever may well wipe out that position then the move upwards will be very swift indeed. Seen this before in other companies and there is nothing to be done but await the reversal. On the other hand the company can engage the broker to see if they can match a new ii to take up the shares and wipe out the overhang, seen that done as well.

Mr Unionhall. Not picking on you in the manner of a Troll, but I listened to you when you posted about margins a while ago, and I thought your projections were worth listening to. However can you listen again to that interview, with particular attention to 10.45 to 11.50. Paul is quite clear about margins increasing massively. I just wonder if your owns thoughts are challenged by this?

Despite Putins bet efforts, my Monday has stated much better and lighter, thank you Paul. Now get it written in an RNS!

Well that was the most Bullish interview I have EVER listened to with Paul. So much information its untrue! So the recent large auto win was not a part of the 1 Billion RFQ's and market share materially above ..... well any doubters just have to listen for themselves.

Terry, that is what a strong US Preident should have said a couple of weeks ago, not let President Inept speak about not putting troop on the ground, utterly pathetic. Putin can smell the weakness in President Inept, and Dictators only repect strength.

We are set up nicely for an excellent second half. In the RNS it states

"Market expectations for FY2022 are for revenue of A$55.6m and EBITDA of A$(32.7m)"

There is no way Paul Mc will miss that target so it means he is expecting sale to exceed A$33 in the second half so he knows more than he is letting on, I expect SEE to beat expectations by some degree so in 6 months this SP will be away from 12p as long as this big seller is cleared!

Thank for the SEYE clarity s2020

I would say that cash raise (and the director buys in double figures) gives Paul a bigger incentive to land some news to turn the SP around. I fully expect news soon, the tone of his commentary is very positive.

And the RNS now confirms it now stands at A$ 79.7m. Good position to be in conidering the global climate and should focus investors attention much more.

Escovido
Company website was updated 31st Aug 21 - FH had 9.6%
Company website was updated 1st Dec 21 - FH had 10.58% (so took part in the raise?)
Now they have reduced to back under 10%, I feel this is a strategic % for them. I am not intelligent enough to fathom the gain.