RE: Turn off the tide29 Aug 2023 12:31
Matty, who is Borelli? are you referring to Borrelli Capital Management? or the Borrelli alllegedly associated to Ponzi schemes? I'm beginning to get concerned here, we are dropping even further to the point where plode and his associates will probably get their buy in price of 5p, Day who seems to have no idea about the AIM market place, which demands constant news to keep it afloat, otherwise MMs just have a field day with the sp, and then huge financial instis being allowed to accummulate at ridiculously low prices, which isn't good for the ordinary retail investor who has kept this afloat for many years. The only thing that keeps me bouyant is the fact that Rio have JV'd with us, but other than that, there is nothing, and Newcrest it seems are going to drag their heels over the Newmont vote deal, and I have a feeling it could well collapse. Then we get the likes of Carlito appearing here who says he sold all his shares in the 30's, and over on eurasia he says he's accummulated over 22 million shares, which no one believes! The problem now is, unless we get a monumental rise from nowhere to say 50p or above within hours, there's going to be a mass exit, as people just want to get out, and don't believe anyone who says they are staying in mid to long term, that never happens, so it will be a mad scramble to exit, with those in at 6p out at 8p, those holding at 8p out at 10p and so on and unless you've averaged down considerably from the highs, you won't stand a chance of getting out. Day had better come up with something very good, because otherwise this is just going to be another sp disaster once a rise starts, and I know not all agree, but with things as they are, I am definitely not voting in favour of an asx listing. If Day can't manage to hold the sp as it is, never mind the fact that it shouldn't have fallen to the extent it has in recent times, then the cross listing should not occur, until he's got the house in proper order and the sp on a more advantageous footing. As I say, my fear now is we are going to slip to 5p and Day is doing absolutely nothing about it. That will be 3p down from the 8p at the beginning of the summer!