Hameldon Res Share Discussion Threads

[andrbea] 26/10/2010 17:52

depends on the quality of the gold assets that they get their paws on, and on what terms.

if the market is excited by the investments, the share price rises, the mkt cap grows and the cost of issuing extra shares to directors can be absorbed (or offset).

[bozzy_s] 26/10/2010 17:47

I wonder how many people actually did their research before buying today? Or did they just jump on the small-cap fast-movement bandwagon? Pretty stupid and losses for those paying over 0.7p are inevitable when reality hits home that they paid 20 quid for a 5 pound note.

[bozzy_s] 26/10/2010 17:43

I was thinking the same Bookiebuster! Read 'a 37% premium' assuming they were using the normal comparison of 'against closing price of the previous trading day'.

Then read it again, and realised they were trying to mislead folks! What a dodgy looking announcement. I guess most sensible people will steer well clear.

Also whilst the price is at a huge premium to Net Assets, that means should the underlying net assets rise to 0.3p, then TIPS get a wedge of 0.3p shares to sell into the over-inflated market price.

[bookiebuster] 26/10/2010 17:08

Looks like a basket case

T1ps (penny stock promoters) have bought 27.5m shares at par value for £70k
and loaned £430k convertible into 173m additional shares at 0.25p over 3 years

Like this bit from the RNS: "the 0.25p placing price represents a 37% premium to the current cash per share of 0.18p"

Well its a creative way of getting the word premium in there but its a chunky discount to the share price and par value is the cheapest they could be issued anyway

165m shares in issue + 173m shares once loan note converted = 338m

@0.825p = £2.8m diluted market cap. Not cheap for what you get

and 25% of any increase in NAV is payable to T1ps as a fee in more cheap 0.25p shares every 3 months. So the only winner here is T1ps

[drewz] 26/10/2010 16:51

What a fresh steaming pile of poop.

[andrbea] 26/10/2010 15:46

one buy was 800k at 0.62p = 4960 pounds

[argy2] 26/10/2010 15:45

That's in the statement.

[someuwin] 26/10/2010 15:38

Soon to be renamed 'Athol Gold' according to TW on t1ps.

[scott84] 26/10/2010 15:36

Can buy 500k at 0.8p

Somebody is going to get trapped here lol

[pro_better] 26/10/2010 15:34

what is the mcap here?

[scott84] 26/10/2010 15:34

The CR pump and dump squad are pushing this but already up way too much
and cannot sell 100k online so the mm's are trapping and the squad wont
hold for long so dont chase.

[tomboyb] 26/10/2010 15:27

keen trades?

[argy2] 26/10/2010 14:43

Will be interesting if he takes them to the Plus Market as he so often advocates. That would really scupper the share price.

[themoneymonster2] 26/10/2010 14:23

0.25p placing? Think I will wait till 0.25p to buy then.

[argy2] 26/10/2010 14:22

Looks like someone might have got wind last week.

[andrbea] 09/8/2010 14:31

Hambledon was informed on 9 August 2010 by Gartmore Investment Limited ("Gartmore") that, following a purchase of shares on 5 August 2010, Gartmore are now indirectly interested in a total of 52,568,912 ordinary shares in the Company which represents 10.186% of the total issued share capital of the Company.

[andrbea] 27/7/2010 08:30

ever downwards, has halved this year

Messrs Directors, an update please for us weary shareholders?

another 11% down today

[jotoha2] 19/4/2010 18:16

So nancy , are you long here , looks like a couple of rampers have decided to keep a low profile .

[solarno lopez] 19/4/2010 15:23

its down because the market maker feels like adjusting his price simply for the fun of it