Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
GCG took a shoeing today - still not convinced though that this party has even yet to start.
Let’s see....FinTech SPAC with 28% investor who owns....
FinTech private company looking to list.
Mmmm
There’s a good point raised on telegram that foreign investors may not be obliged to TR1 - haven’t verified myself.
That said - Josip didn’t TR1 first 28% chunk...
Chap is emailing company to update share register - will update of anything comes of it.
But something is cooking here....
PP
EPO in Gazette is not expected to be published till circa 3pm today.
Patience...
PP
They are required to send in TR1 but as stated prior - no one really enforcing.
Clearly somethings afoot....
PP
Market has to be informed but reliance on buyer to notify.
It’ll come - probably intraday at somepoint.
PP
The 900k delayed vol trade printed today was from Friday.
If we’re talking about same trade.
Fun tomorrow - good luck all.
That’s a delayed buy from Friday.
Tomorrow’s open will be very, very interesting.
TR1 reveals all...
PP
100k Vol buy @ 20p on close...
PREM profits - meet GCG
GST lovers - meet GCG.
PP
If Josip / GSB responsible for either of Fridays chunky buys then 30% holding breached....
46% held by other co shareholders
28% by Joseph
11.85% bought on Friday
85.85% accounted for....
PP
Another delayed large trade from fri:
- £156k circa 5.6% of company
So that’s 5.6% + 6.25%.....11.85% of GCG bought on Friday.
Code 1 earlier...so TR1 tomorrow to show us who’s been buying??
Somethings cooking...
PP
Took some as well.
This is one to hold and accumluate if you can.
PP
To add - if 6.25% was bought by Josip then he’s over 30% - ‘Substantial interest’ - control of the company.
Then it gets really interesting.
I think we may see some a delayed sell from directors who stepped down recently.
Changing of the guard.
RTO/IPO in play.....still highly speculative but some rather large dots can start to be joined.
Last years RNS
“The purchaser of Mr Chen's shareholding is GSB Gold Standard Banking Corporation AG ("GSB"). GSB is headquartered in Dusseldorf, Germany and its principal operations include trading rare and raw materials and precious metals. GSB also has interests in financial services businesses. Mr Josip Heit is Chairman of GSB.
The Board expects to meet with GSB and its representatives shortly as the first step in building a constructive relationship going forward.”
GST Mark II - enterprise blockchain but with additional retail focus and communication and payment card over blockchain.
PP
Remember - prior to RNS, Coalculus link up and Wise Mpay had been identified by investors, but not formally announced. Market has front run news by 40% increase ahead of news.
I see everything being done / announced in the right order and all very positive.
We have the goal of significantly enhancing our current offering through the application of blockchain technology and we believe that we are very well placed to do this, building on the existing capabilities of GST together with the new directors. I look forward to making further announcements as we progress and I believe that 2021 will be a transformational year for GST."
PP
GST disappointing market reaction to RNS but personally liked seeing the strategy laid out, looks very promising medium to long term - I wasn’t expecting API submission ahead of strategy.
Expect next few weeks for submission - per Frodo, need to get right so measure twice, drill once....as my father in-law would say....
PP
Agreed:
46% held by other co shareholders
28% by Joseph ??
6.25% bought in chunk today
80.25% accounted for....
PP
Interesting indeed:
“ Against this background, Josip Heit, as CEO of Gold Standard Group, expects a future fair value of 2 (two) billion euros and is planning the IPO (Initial Public Offering) this year, which will be carried out on internationally regulated markets.”
GCG biggest shareholders looking to IPO this year....mmm
PP
Wider market crypto sentiment taking a hit today didn’t help either.
Expect news in next few weeks regarding API submission will be the next SP catalyst.
For me RNS was strong and great for medium / long term holders - clear strategy bang on trend.
PP
That theory worked ;0)
Great news - well done all.
Big things ahead.....actually, massive....
PP