The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Doubtful. Very small trades in the scale of things, I think that because we've gone so long without anything meaningful the SP seems pretty free flowing, hopefully it works both ways when news does land.
Meant to read: *holders at the time of the deal
There's nothing to stop new investors getting a piece of the pie is there? I think it was on Hotcopper someone said it would go to holders at the the of the deal, but surely that would just muddy the waters as some will have sold on/shares in hands of new buyers.
So in theory we should know the outcome to this capital distribution by mid April?
Could you do that with the same/UK broker? I'm with Iweb and pretty sure I can't find ASX listings on there, although not checked lately
Yeah, whether true or not I remember Goldbullion snatching 0.16 on the dip, perhaps he sold out on the eve of LC the announcement.
Hi Chesy, sounds like you're pretty deep into this? What's your average if you don't mind me asking? I feel like hope is lost and I'm only at 13p new money.
With such low volumes they may be waiting some time
Aren't they just catching up with what happened in the UK?
That was my initital understanding but many suspect it could be next couple of months. LSE Chesycustard may be able to clarify?
I'd like to think something's brewing. As you point out it doesn't take a genius to work out that the BOD have a terrible track record. Anticipation of a satisfactory LC deal was the reason I bought in but also why myself and countless others are now stuck here. Not entirely sure we can be classed as a copper producer anytime soon but with copper on the turn hopefully these substantial shareholders are looking to take a position with a view to taking Howe out of the equation.
That is of course assuming the cash is given directly to shareholders and not held by MNC under some "being used to add value through drilling BS".
Hi Chopper, someone did some fag packet calcs a couple of months ago and as the SP currently stands/has drifted since I think the redistribution would still leave us both short of hitting our averages (I'm at 13p). Although happy to be proved wrong!
Hi Vet good to see a fellow XTR holder, are you invested here? Anyone moaning about Colin Bird clearly never heard of William Howe! This is definitely the dog of my portfolio, would love your prediction to be true just so I can ditch this junk.
Just checked my account. I need 13p in new money. Wtf has Howe done to this company?
I don't think personal circumstance (ie new ISA year) is what's putting people off investing. It's the state of the company going forward.
Feel your pain. The only ones profiting from this are the BOD with their inflated salaries and opinions of themselves
So in old money we would be sat at 0.10? Approx 66% down from pre Los Calatos announcement. What...a....f&&&cking...joke
Sign me up, holdings not worth much these days thougg. Whats your email?