George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
The fear is simply when is the next dilution. … sentiment reflects this … I’m under water here and was hoping the Nasdaq would provide some improvement. Short term fact is it’s taken the sp back by 25%. I’m feeling despondent it’s fair to say …..I’m hoping those suggesting patience are correct . I’m trapped either way !
Morning,
Apologues if this has been covered but I can't find the answer anywhere.
On the LSE we have 382m shares and last week we floated 75m on the Nasdaq - are all of these shares available in each market? Can the US only buy up to 75m or across a total of 457m and vice versa? And where does the OTC factor?
Thanks, Ryan
The share was running at over $2 and plummeted when offered up at $1.5 …. As you would expect
Doesn’t feel like the best management move - forget our own position the company surely could’ve profited more by holding the price or at the very least running with $1.84
IMO What can’t be denied is that the ( significant) price drop is due to the IPO listing the share at effectively £1:10…. I am no expert but for the life of me I can’t understand why you would annihilate your value when you didn’t need to.
Bit like me selling a car that’s worth £20k for £15k …. When there is market demand
I’m here long term but a little miffed by the events this week I have to say.
The 20% offer was the start of the decline to sub £2 with the share price, since the share has rarely been anywhere the offers price. At times 50% less.
Patience is what’s required I feel - the golden ticket might take a while to become golden……..
''Thanks K3 and apologies Ryan if that’s the case. I’m feeling a bit sensitive about ridiculous forecasts here.''
No worries, It was indeed tongue in cheek - I am over 30% back here and like most waiting patiently ...ish for the big bang.
I agree, the latest RNS has taken the price downwards - was 1.65 last week with no news. Definitely need some concrete information on how money will be generated before this goes. Let’s hope it’s this year and let’s not forget the SP needs to be 5p for the “expert” to get paid
Sensible post - although perhaps they just took the short term option and took the cash whilst it was there as the share price had rocketed beyond all expectations in terms of time frame.
I do tend to agree though - can’t see it anytime soon
Same as above - fair investment in both ARGO and QBT and both in the red, would clearly like to be sat on a big green paper profit but I'm 'in' and sat patiently.
When they go upwards I will benefit...... when that will be, is anyone's guess!!
They could of course both blow their brains and I will be homeless :)