Member Info for stockdale

Read Geordie's post at 13:12. Explains it quite well.

Believe him Paul, until the evidence says otherwise.

Maybe not then: @GaryNTrader on Twitter.

That's a different point Targaryen (any relation to Gary Newman by the way?).

I would contest the lack of confidence though. They get shares at 0.6p and sell at around 3p. Not a bad profit is it? 5 times. Nothing to do with confidence. Just getting a profit for having confidence in the first place to get the warrants.

The share dilution is RNSed. There have been multiple RNSes. You exercise and gain shares at the exercise price. As seen by the market more shares are effectively 'bought'.

Thanks Geordie. A good explanation.

In finance, a warrant is a security that entitles the holder to buy the underlying stock of the issuing company at a fixed price called exercise price until the expiry date.

So if the warrants are exercised they become available as new shares on the market and increase the number of shares in circulation, as per the RNSes already published. So it is the way it works Targ, unless your unhelpful comment has another meaning. You don't say.

I tend not to filter but I may make an exception with Rob. There's no value to any forum in his posts.

It's been clearly visible with this share. A sudden down spike to catch stop losses and someone gets home from work to find their shares sold cheaply.

It drops and Cindy returns. Only the negative comments.

Agree Jarv. If it is just warrants then we should be back up shortly. An RNS would make it clearer.

For those who have filtered rob he's just said goodbye and that he has finished here. Let's see ......

If some are willing to sell at these low prices offered by the MMs they will be happy to oblige. They will want to sell them back to shareholders later at a high price though. You can be sure of that.

It's a bit crazy now. Dropping below 3p when 5.5p is the absolute minimum valuation for just 5% of the known Palladium alone. Yeah it's a bit crazy at less than 3p.

Someone who posts their buy contract number on here because they get baited can't be entirely right.

MMs diving to pick up stop losses at 2.94 and 2.95 or warrants?

*as IF it's happening ...

You see people latch on to a figure that's merely mentioned and go with it as it's happening. The 13 million ounces is not yet confirmed and 60p is currently our in the sky. Got It?

I don't see this at £1 yet. All of the extra reserves would have to be proved up first and even then that's too optimistic. Let's not be greedy. I've never known a share where the actual MCap is so low compared to the assets. Even at AST the gas valuation is just £200 million in total with the same number of shares for the company. We're talking billions here.

It shows the MMs are clearly just playing games with an SP of 3p or less currently. It needs to be at 5.5p before the very lowest estimates are reached. Then we need to look at the extra 13 million ounces, and the rest.