Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Anyone got an update on this ?
Does anyone know what happened to the Alba shares we held ? Can't find anything relating to them.
Agree B66 - everyone's an expert after the event !
I would also be nice to know where SP influencer Dana has gone.
From the RNS 14.8p average not 20p.
To part fund its participation in the Transaction, the Company has sold 6,000,000 Greatland Gold PLC ("Greatland") shares at an average realised price of £0.148 per share through a structured series of sales in the weeks leading up to the Transaction.
Anything to back that up, Ian ? I agree these directors have not done a great job but GGP is an exception.
6million shares for £1.2million is 20p/share. Not the high but certainly a great result. Anyone who tells you they buy at the low and sell at the high is generally a proven liar. Companies are no different.
So, please explain to me how you can have more sells than buys. For every seller, there is a buyer and vice versa. The SP moves on which side applies the pressure. Unless of course you're talking about MM manipulation.
Being slowly walked back down !! 3.5p here we come.
Don't care if we have the same salary bill, (no way it should go up BTW), but those two new directors need to shake things up and add value. The only thing I'm interested in is the SP.
Truly shocking tweet.
On another subject, I reckon this is being walked down to 3.5 unless GGP starts motoring again or we see significant change in the board or one of the investments.
Dana - those projections ain't happening ?
No thoughts until we see the renumeration packages. At the moment it's more snouts in the trough, however, if those snouts are taking less money, we may see some upward direction.
GGP is in reverse at the moment and that's not helping any sentiment.
That RNS is an absolute shocker. I read it as AC admitting they’ve been milking shareholders, acting like overpaid clowns ‘taking the pith’ !!
Admitting a complete lack of transparency and communication with shareholders, stakeholders and the market and now having to make changes as they’ve been backed into a corner.
A total admission of incompetence and/or disregard for the duties they possess as board members.
Dana, I’m unsure about nobody selling ? They’re the only trades today - all sells !!
The SP is a shambles !! We drop the same %age amount as GGP, yet completely lag behind when the GGP SP goes up !!
The board changes have done diddly squat for the sentiment of this share.
According to IG - as we speak, GGP - 12.96%; SVE +14.07%; Prim +2.50%. I just don't get the lack of interest here.
Dana - you predicted 4.1p open - what's your end of play prediction and Friday SP close ?
James, the only people that sold at 27p were the MMs for a massive profit.
That's probably what the last two day drop in SP was all about - a massive tree shake by the MMs to obtain and accumulate shares from weak PIs.
It looks like the GDXJ ETF had to buy £33M worth of shares at 27p after hours today. MMs needed stock so dropped the SP to approx 21p, got their shares and sold after hours for 27p - nice work if you can get it.
Monday will be interesting as some are arguing over there that it will open at 27p and drop like a stone to about 21p, others it will open around 21.5p and then some saying 27p open and rise like a phoenix to 35p.
Interesting times.
Strange that - my chart looks like 21.45p but closing price is 27p ?
At least there seems to be some interest in this share now, even if the SP is nowhere near NAV.
There used to be more life in a dead dodo than this for liquidity.
The spread is outrageous. Advertised as 15% now although it's 3.85 to buy and 3.55 to sell on HDSL - about 8.5% !
TurnaShilling, at least it isn’t a Lada !
That would be the last straw. Any our good luck charm is back.
Dana goes missing for two days and we lose nearly 12%. The main dude is back - all is well in the World and the SP will break 5p tomorrow. What’s not to like ??
So my friends, any thoughts on the big sells ?
A big player offloading or various PIs selling into the recent rise ?
The SP is getting hammered for a second day.
Where's our friend Dana gone ? 5p has gone up in smoke !!