Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Wrong. Wrong. Wrong. My last purchase was 1.5p. And much as I like this stock, I also like some balance in my portfolio so I'm bringing the stodgy end back into line at the moment. RCP CTG etc. my basket of eggs contains eleven from happy hens, and one from a golden goose. So, stick to posting proper research and insight with supporting rationale. Good day to you sir.
I thank you bnc. :) I do miss the old days, gentlepeeps all, .. sharing and reviewing what we knew and what we suspected might happen. Still, we’ve come a long way and this has grown from a speculative to an investment grade stock. Has to be .. else what are the big boys dicking about at with their shareholders money. Onwards!
Over a few years, I have come to realise that something worth having attracts predators eager to relieve you of it. There are many cunning strategies for them to select from. The sudden appearance of so many newbies, each so unlike the old school cannot be pure chance. It has simply reinforced my resolve to hang on and wait and see what this turns into. The price will dance about a bit and eventually something nice will happen. Not a clue when but the beauty of this is I don’t have to do anything about it. Our major shareholders include some very serious players after all. I trust them to spend wisely. And after Eric, I tend to regard all negativity like the first shoots of spring. A big welcome to all pessimists.
If bhp or any other party starts hoovering up the daily trading, we will see the effect on share price before they’ve even got off the starting blocks. I’d expect it’s cash and shares for a deal by negotiation and then an offer put to the vote with a recommendation (or otherwise) by the board. Anything but dull though. Reminds me of that song by Yazz.
BHP at > 5% holding can now call for a general meeting of shareholders. They can challenge the boards strategy and argue it’s not in shareholders interest. Some investors want good gains soon, some want great gains later .. we’ve seen those divisions on the B.B. so there is division to exploit. Solgold will have to produce data and forecasts to counter this. It’s going to be a hearts and minds battle. Will BHP go for a knockout offer for some or all of the action once this debate is raging. Each shareholder block has their price, and cash flows to optimise. Once at 30% don’t they have to make an offer for the whole company or back away? Interesting times :)
Statement of the obvious but Uncle Nick holds oodles of shares. He will be well motivated to protect and maximise value. In doing so, he’s looking out for me too. He’s been doing this for years and let’s hope all his experience let’s him play his hand well now. We just have to wait for the announcement. Let’s not hand out too much advice or we will be carrying on like folks do with the England football manager. “May the force be with him” is my last word.
Well sooner or later solg need money to continue exploring .. or to build a mine. The BoD can’t stand still and there will have to be an asset sale or a stock issue unless they start borrowing which seems unlikely on the scale required. Maybe this is where the blackrocks of this world come in. But who will they play fore as well as themselves. This is a game of chess way above my level. But like eBay, 2 credible bidders makes for an auction. And it appears we have that now. And if you can’t win the prize, you can make it an expensive win for the other guy. Works for us either way.
I was just looking at the lse 3 year chart. It’s not screaming danger to me. Things bucked up to 25p and plateaued with the industry taking a stake. Then anticipation of corporate action lifted it onwards to 46p. Then it calmed down again as there wasn’t a bargain sale to be had, and so back to the 25p shelf. Can’t get excited day to day myself. In other news, I’ve replaced the corroded and wonky legs on my barbecue, good as new for £12.