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They won’t offer any shares. 90k just gone through at 23p while they are quoting 21/22 mkt. Hmmmmm….

And the share price is moving today too. Sell-off over, re-rate coming!

It’s equal to the highest price paid by the acquirer over a 12 month period. So if they start buying today, that would be ~0.29p take out price. It has nothing to do with the top tick for the share price in the year.

Basic, basic stuff…

“ Even if kod gets a hostile offer it has to be same as year high share price which at 044 p”

Just utter unsubstantiated nonsense.

For the record i have sold all my stocks and have no intention of buying anything soon - other than maybe SPX puts. Friends tell you how it is, frenemies tell you what you want to hear. I am not a frenemy. Bore off with the “deramper, short agenda “ rubbish. Look at the markets and open your eyes!

FFS grow up you cretins.

Wider market going to take a pounding, might drive this through support sadly…

With much regret i sold out on friday, the chart looks dreadful and the traders will run things here for a while. GLA, this will come back at some point, but the bears seem to be in control for now, could be grim tomorrow.

PREM is an utter dog. George roach has sucked millions out of that for years. He has no intention of ever mining anything, doesn’t need to, when he’s taking a million a year out of it.

People also need to stop comparing the EPO they just received with the mining licence for KOD. If you do not know the difference between an exploration and an exploitation licence, you really shouldn’t be investing in junior miners…

There is a hell of a lot coming up, people should be buying into it. Support has held well on the chart. Bullish hammer, followed by dragon fly doji, yesterday - it really is time to rise here!!

Very odd today, almost like somebody wants in…

Wow this board has utterly degenerated

Agree, think this is ripe for takeover now.

Then i broke a golden rule and bought back in again above my trgt price!

Anyway point being it has been selling off for months rather than rising. So sell on news makes no sense. All of that aside, the licence approval has derisked this hugely. It should be rising into the JV/takeout/funding news now. That should be taking it to 0.6/0.7p over the next few weeks. Maybe some weak/fatigued hands selling now, they will clear and this will rise towards that kind of level, then that news will land, it will spike and ppl will then be rationally selling on the news. Then rinse and repeat to production all the time re-setting higher lows and forming a higher base.

And then it sold off for the rest of the summer, as the licence took a while to arrive. I sold into that thinking it would take a while to land.

I cannot understand the sell on news argument here, people weren’t buying on the rumour! Well over due a bounce here!

Yep musicman been some games for sure. Should stabilise and rise. Hopefully they have enough now to let it go. People should be buying the crap out of this and take them short.

It’s not bizarre it’s ridiculous. The SP should not be below the level it was before the mining licence landed. It will bounce.

That is entirely the point of the MOU with them…

Not if i trade in and out! But yes we are all well up. I actually sold out mid 0.4s, but then greedily bought back in low 0.4s/high 0.3s. Also my (and most other PI’s) holdings show up under the nominee account with my brokers, don’t have to report separately. Eg hargreaves landsowne don’t own 22.55% of the company, but their clients do between them…