Member Info for Shark41

@Martinigirl Are you currently invested in Prem?

Are there any short positions open on Prem? How do I view these?

Https://www.forbes.com/sites/digital-assets/2023/08/26/leak-reveals-elon-musk-x-and-wall-street-could-be-about-to-cause-bitcoin-and-crypto-price-chaos-with-paypal-update/

absolutely not! overall george roach has done a top job as ceo. stop trying to cause a ****storm because you've shorted the stock...its boring

Haha that sounds about right for the telegram group...all unicorns and rainbows! I'm bullish on this stock but even I knew the SP was going to dip this year. When I said as such, they accused me of trying to manipulate the shareprice and accused me of being someone else they'd banned from the group previously. I still dont think this is the bottom, reckon it will dip further before rising longterm.

So to the TG group....I told you so suckers!

Https://www.reuters.com/world/africa/zimbabweans-vote-second-day-wards-hit-by-delays-2023-08-24/

I know, it's a joke...one of them isnt even invested!

Clearly there's an agenda.

It's on LSE website.

The link is posted in the earlier comments below about 7.45am ish.

The share price didnt recover. It went up by under a tenth of a penny and finished the day below the buy price the 20million was executed at.

If it was a buy the sp would have jumped a lot higher. It was a neutral transaction.

The buys and sells get booked depending on the price they were executed at. I think if it's under the benchmark it's a sell and over its logged as a buy.

I think that 20million is a cross trade (it's done outside the stock exchange but still has to be reported to the exchange afterwards.) The buy and sell is executed at exactly the same time so technically it's both.

@Martinigirl

Firstly my last post was factually incorrect. Pls disregard.

I've read the link but it doesnt change anything. Prem aren't going to offer a premium price for placing shares when shares are likely to be cheaper on the open market. No one will buy them they will just go to the open market.

Your link actually doesnt suggest that the example shares /company KOO (or whatever it was) were offered at a premium, what it actually says is that they were offered at 15% above the "middle" market price of the day before. It doesnt necessarily mean it was a premium price...I dont know how the stock ended on the day or whether it was under valued at the time of the placing.

We clearly aren't going to agree on this. So let's end it here.

I read in an earlier post that you don't actually hold any shares. Why are you commenting on here if that's the case?

Is there an agenda here?

@martinigirl

You need to educate yourself.

I think you're getting confused with Primary/private share placings. The latter doesnt affect the SP on the open market.

@Martinigirl Yes they are! Otherwise the people who were buying the shares would go to the open market (they can get more for their money!)

They are not going to buy at the highest price when they can buy them cheaper elsewhere!

@Martinigirl

Placings are always at a discount...

@elliselblow

This link may help

https://www.share-talk.com/placing-shares-what-is-it-how-does-it-work/

@martinigirl what an absolute load of rubbish 😂

George did say that there isnt enough cash to get to the end of October but he also said there are several large players ready to invest in the business so getting the extra cash isnt going to be an issue.

The worst that can happen with Canmax is that they end up with 18% of the business.

The SP will likely drop in the short term (which I've said the whole time, and even got kicked off the Telegram group for saying as such) but in the longterm this share will 🚀🚀

Personally I'm holding and will buy more depending on how low it goes.

True! I just topped up at .49

There was a nice 10 000 000 buy at 8:43:54

I reckon so. Good opportunity to top up if you have the funds available 👌

@johnnypc yep...that's how I read it too

Exactly @Marcuspd

@Mrnewbie.....these things take time!