Ocelot, yes, an extraordinary RNS from Bluejay. But does that alone account for the huge leap in price of GROC this afternoon?
When you look at the share price performance over the past two years then read today's RNS it would appear to be time to top up, and average down, in the hope of making a penny a little earlier
Because we produce no gold yes, but more to the point, each time the share price rises our CEO issues new shares to his pals which smashes the market cap by 10 times more than he raises. I am appalled by the way we private investors have been treated and this quite rightly deters new investors. Until he learns how to run a *listed company* we ain't going nowhere.
My calculation is that Glen is yielding around 2% based upon the total dividend payout of 13c (10.4p) in 2024. As a newbie to Glen is this a big reduction in payout from last year? (this board is showing a yield of 7%)
This "Conservative" government has a lot to answer for but allowing the City to dwindle away without taking any steps to support it must count as criminal negligence. There are countless things such as this hideous prejudice in favour of overseas stocks they can, should and must remedy.Then allowing the owners of the water companies to extract hundreds of millions in dividends and demand the tax payer cleans the water is another hideous scandal of epic proportions that this government should never have allowed. Lumping RR along with all the overseas nuclear developers in a catastrophically badly managed "competition" is another crime against the nation that this government is guilty of. We read in the newspaper today that Conservative Central Office is blacklisting potential MPs if they show an ounce of conservatism allowing only high tax, high spend, woke, white loathing candidates to stand. I honestly think this government the most spineless, feeble, corrupt, insidious and harmful thing for the social and economic fabric of this country in a hundred years.
Picked, £380,000 is not a tidy raise; it is a drop in the ocean. It will last a couple of months. If GF were a serious businessman with a modicum of concern for the shareholders he would do a decent capital raise using a rights issue and that way we shareholders would not be diluted and the market cap would not be smashed for a pathetic sum of money that keeps us going just a couple of months. GF in his video made not the slightest reference to capital raising and frankly a decent lawyer would tear him to shreds over it. I am surprised it hasn't been taken down yet.
GF, placings are an utter disgrace and a literal kick in the teeth to long suffering ordinary share holders. By doing this you display your contempt of ordinary shareholders and treat them as fools, especially at such a massive discount. Any Director with a modicum of decency would do a proper rights issue in order to carry along ordinary shareholders - mosy of us sitting on enormous losses and dilution over a period of many years. Your mates picking up shares on the cheap is a disgrace and sums up your contempt for us perfectly.
Do these assets belong to Alba or to GROC?
Did Davey sell? I hope not. I've not seen him post here for a long time.
I can only sleep when HCM is >£3
HL, the fradulent you-know-whats are offering 90p for this while it is on the market at 107p. I am not planning to sell but just testing the market
Wot about the engines?
One of those 1,000,000 buys is mine. Not thinking so much as averaging down as waiting for the day this becomes an actual penny share!
Share Prophets' Tom Winnifrith is making OPTI one of his tips for 2024 in the belief they could treble in price in 2024.
There's a gulf between his gushing optimism and the lacklustre comments including reviews of breakfast substitutes etc etc posted here. Part of the attraction according to Mr Winnifrith is that the market is bored with the company and that seems to be illustrated by many of the comments below.
It's a glowing write up and one would wish to see this better reflected in the share price in 2024
Also option 1 but with a lot more of a premium than 30%...! eg 100% is acceptable.
Have you considered reading the RNS?
We are in the same boat there. At least things do appear to be moving in Wales, albeit slowly...
Welcome onboard. Strategically speaking this company has a huge amount going for it. So far it has failed to convince the market. Three fairly fundamental questions remain unanswered, how to get the stuff out of the ground, how to process it, how to move it to market. Plus there are a few months of the year where little can be done. Needless to say I bought far too early in my amateur enthusiasm so I am hoping that you will be in the money before long.
Yes, and I just added 500,000 in an (hopefully non vain) attempt to average down...