Discussion in 'Stocks & Derivatives' started by Greenman, Aug 18, 2013.
So $0.95 it is then. What happens tomorrow? Another 12 million sellers?
Well there was just a trade made at $1.01 .. How does that even happen?
Gold's Allure Draws Back Cautious Investors
Wall Street Journal (blog)
yep looks like another 12 million.
Can't wait to dump this.
Just checked data for SMI
40% move today on 61K traded ??? big move on small volume
expect a call from ASX for a please explain (speeding ticket!)
I will check for any recent announcements.
I understand your feelings
However are you aware that if the POG continues to rise these marginal producers may reward shareholders with the highest gains?
Updated resource estimate, also leverage to silver
These are the guys that people need to be on when silver starts it's run.
I liked these guys a while ago but I could see silver prices going down so I held off but there looking undervalued and when they go they will run.
End of the trading week and this stock is down 2.97% from the Monday open (1.01 > 0.98)
GLD down 0.93% from $1397.80 to $1396.50 (USD).
GLD is up 1.34% from $1548.06 to $1568.83(AUD)
SLV down 2.28% from $24.08 to $23.53 (USD).
SLV is down 0.9% from $26.67 to $26.43 (AUD)
15% dilution of shares this week. Ouch!
Taking a punt on this
Sold half my holdings late last week @$0.995
Actually liked their financial account disclosure AFTER the close, they have battened down the hatches should POG go lower and have opened up upside possibilities should the POG keep marching that way.
So back in with other half plus profits @$0.94, usually wait to get a better spread but feel confident
End of the trading week and this stock is down 13.78% from the Monday open (0.98 > 0.845)
GLD down 0.55% from $1396.50 to $1388.80 (USD).
GLD is down 3.64% from $1568.83 to $1511.71(AUD)
SLV up 1.32% from $23.53 to $23.84 (USD).
SLV is down 1.81% from $26.43 to $25.95 (AUD)
I think this one will be treading water from here till at least the close of the CR on Oct 4.
What's CM? :|
What's CM? :|
My bad. CR (Capital Raising). :/
Received our Notice of General Meeting and voting sheet today.
No message, explanation or rationale from the board as to why a capital raising was necessary or desirable. Just presented with some mumbo-jumbo and the voting sheet - take it leave it.
Also no correspondence about the share purchase plan, although that was only announced yesterday so might still be coming.
SPP at $0.85, meanwhile share price closed today at $0.825.
Things that make you go "hmmmm". :|
Dont worry its fully underwritten - so doesnt matter how low the sp goes - they'll get the money
This was emailed to me by FP. I'm a non-paying subscriber so should be ok to pass on link
That disclaimer is old, it mentions CJO shares held
Separate names with a comma.