The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hopefully find something out tomorrow not sure why they would suspend trading for hk listing but wtfdik
No chance in that timescale, 20p would be an unbelievable rise realistic probably 9-13p imo.
Great work guys you really are putting in some time and effort, wish i had the time but its great info coming from you guys, hoping for a update this week to get the sp moving
Whilst I understand their position, we need a balanced argument, auzex are clearly trying to protect their sovereign position and are adopting a very defensive stgance to a decent (in my eyes 7 for 5 offer). The article outlines some key risks but is in no way balanced and doesnt focus on the potential value and economies that a merged (albeit through acquisition) entity brings. I still maintain that they have delayed the process on purpose to protect their position, this looks like it is going to be a long and drawn out takeover and I can see this going hostile. We need a clear view of the value that GGG can bring and we need a view of the bidders statement, trying to come to an impartial and balanced and factual view in all of this is difficult as both sides are at polar opposities at the minute, this could ge t messy and that means that the innocent PI's and shareholders are going to have to suck it up and see what the next few months bring. My prediction is that Auzex arent giving this up without a fight or a massive overvalued premium, GGG need to keep strong and put a compelling argument together, but money talks at the end of day. GL all VH.
The corner has turned, march to double figures starts here 6p tomorrow.....ok im being optimistic but actully having a decent blue day has gone to my head....
Nice moves!
This has been played for the last 3weeks constabt drops, beciming annoying as ive averaged down but still loss making, need the results updatw asap get this going in the right direction at last....!
Cant disagree with u there great end to the week lets hope for more on monday
Today start of the next uptrend i hope once auzex transaction complete this will be 60p and above imo.
Drop early on today had me worried but good recovery come on auzex shareholders sell up....!
After my unsuccessful (some say idiotic) dabble with rkh, didnt want to be out if news broke!
Are getting a bit frustrating playing into auzexs hands why dont their shareholders wake up and smell the coffee....!
45p seems a long way away at the moment, suppose we have to accept this volatiloty whilst we have all the uncertainty over auxex etc, lets hope its sorted before the jorc update fingers crossed...
Have been holding here for a while since 25p was getting worried watching paper profits dissapear as we slid back down from 45p to 30p last week...! I like that we are,taking an aggressive stance with aux I hope the deal concludes relatively quickly if we can gain full ownership before the reserves update in the next few months then can see this share making an assault on 70p dependant upon results. What do people feel the coming months hold for the ggg sp?
My worst two days of playing the markets over last two days, lost thousands of paper profits, even despite my balanced portfolio yada yada, all my shares substantially down now loss making on several, lesson is to not get greedy and lock in profits, still intend on holding for the long term but waiting for this bounce with baited breath.....very sad day.....between crhlk and ggg im down nearly 25% gutted...!
Imo, expect st drop as we have to fund this wont go below 35p imo if we own 100% of bullabullung plus rest of aux resources and rhe drilling results come in and resource is upgraded to 3/4 m oz then this will go pop. Back to 45p within the next 4 weeks imo lt im looking for 70/80p by year end possibly more.
Hope we can stabalise around 40 big buys again today cant see why this is being dropped...?
To take my profits here (as some others have) but my original strategy was to hold until the reserves upgrade was released, this has had a grea run from 25p so we have to expect some profit taking, some slight falls will help to let new investors in as-well so I believe it is a healthy drop today as-long as we dont fall off a cliff...! My personal strategy will be to wait until we have the next RNS and reassess, this could literally take off if they announce 4m oz for example, if thats the case then I will be holding as these could get to £1 very quickly. A more moderate update and I will probably look to sell some of my holding to lock in the gains. My biggest fear is that this good run has effectively priced in some of the potential gains to be made when news is released, touch wood this isnt a "sell on the news" type stock, we get a fantastic update and shoot up to 60p. By my reckoning we should be in for an update within the next week to ten days - do you guys agree with that timescale?
long may this continue...! Seems to be a lot of interest in buying this stock at these new all time highs which gi es me more confidence we can hit 60 70p on a 3 million oz announcement and possibly £1 towards the end of the year I would be honest and take some profit at 55 - 60p
This share is on a charge at the moment 40p gone like that today...where to this week 50p or am I being stupid, update soon lets hope lets hope all the potential upside isnt getting priced in already! Gl all vh.