Cheers mate. Can be very illiquid but I would imagine the logical thought process from those that did well on GNG will be to look for similar opportunities. I don't think they get much more similar than this. Must make sure that I don't snatch at the profits this time though! GL
Yep, I think this one is well under the radar and don't see why it can't do the same as GNG from a similar position. Am going to take a position on the others you mentioned once I can access my HL account although who knows when that will be!
Yes, this is doing rather nicely isn't it. Had hoped for a little WSG top up today, but HL have stopped play. Cue PF getting whis pen out over the weekend and red dot monday at 7.
I sold out far too early here. Another share in a similar position to GNG is BSST. Quite Illiquid and difficult to buy at times, but I ma in and worth a look imv. GL
Think i will stick around for a while here. Hopefully see a quid paid today. Have a bit of cash waiting for the mothership should there be any further weakness today.
Post recommended. Slight irony that as soon as i post about how well the price is holding it then drops, but no matter. Will be adding if it stays around this level for long. A 96% margin is not something that can be ignored! GL
GNG awaking from its slumber. Hopefully sentiment towards Chinese stocks will begin to improve with this along with with BSST and NBU being the vprinciple beneficiaries in my view.
Good to see that this is holding up well today, (especially when the majority of my portfolio seems to be red!0 and hasn't dropped to the placing level.
Yep, my average here is around 9p so certainly not the end of the world. Let's hope they release some good news shortly to dillute the medicine (and not just the shares in issue!) GL
At least it wasn't at 6p or something similar. Still a 20% dillution. Those numbers in November had better be encouraging! Maybe the placing is to fund a WSG style contract resulting in revenues in multiples of the current market cap.....