Ariana Resources Share Discussion Threads

[jaf1948] 06/7/2021 13:54

Renniks,

I hope you had a nice weekend away but your prophecies on friday ('Will open higher Monday, news Tuesday, then happy Wednesday, Thursday, Friday, July and Aug.') have not actually come to pass.

Perhaps you didn't drink enough gin.

[soulsauce] 06/7/2021 13:40

DRH3 I think that is a decent idea. I am wondering if it would be best to do it in two installments of say August and December.

[bigglesbingham] 06/7/2021 13:40

My simplistic way of looking at this stock is I look at market cap I discount amount in cash to nearest million and then ask myself do their assets meet the market cap minus cash. My view is a resounding yes and I think it will value out. Take CHF valued at £11m and they are not dissimilar apart fromThey DONT have a resource whereas Venus does. The special divi is going to coincide with news on salinbas so I think any dip will be quickly recouped by demand by existing investors reinvesting dividend as it could be meaningful value and new investors. Also as has been mentioned a rise leading into payment of dividend .

[dixi] 06/7/2021 13:33

That being the case, I'd prefer the company reinvested the money into greater rewarding projects, leading to a higher share price I can always sell few if needs be.

[charles clore] 06/7/2021 13:28

You are not accounting for the increase in share price between when the divi is announced and ex dividend date

[dixi] 06/7/2021 12:30

If a proportionate drop in share price really is expected on the divi payment (I will not be reinvesting mine personally), it's almost pointless calling this a special dividend to reward shareholders. It just becomes a zero-sum game surely? But is this not slightly different to regular dividend payments. Is the cash accounted for in the share price currently or not, does anybody have clue on that? Such a frustrating investment one!

[shortarm] 06/7/2021 12:28

Well there's your quarter of a million seller - I think this is why they're reluctant to lift the bid.....Clearly doesn't read this board or would have sold some at 5,075 the other day!

[charles clore] 06/7/2021 12:28

I still can't see why the company couldn't simply lay out the dividend policy and delivery plan, seeing as the high court has now approved the principle in law. Registration at companies House is automatic; it must happen so why keep shareholders waiting?.

[konil] 06/7/2021 11:35

xow, thanks for timing info.

[xow98] 06/7/2021 10:53

Registration of court ruling needs to be completed at Companies House, who are behind at the moment and the process could take up to 14 days. i3 Energy submitted their documentation to Companies House on 29th June and expect their ex-div date to be 12th July, so probably another week to go.

[zedder] 06/7/2021 10:38

Not necessarily. If a good percentage of people who get the divi use it to buy more shares, it could effectively produced the same effect as a share buyback, ie reducing liquidity in the market.

[kaos3] 06/7/2021 10:30

DRH3 - exactly - why pay divi - if there is no guidance of expected divis from our JV !!! to cover companies needs first.

and that has to be white and black written and signed for me to be tranquil - a model.

then I ll rest at peace. otherwise huge divi just a shot into owns foot

[drh3] 06/7/2021 10:12

Although I would love a large divi, it would make more sense for the company to distribute it over a period of time to avoid a huge drop in share price following the cut of date and allow for their new activities to come on stream so to speak... just my thoughts..

[plasybryn] 06/7/2021 10:01

I was wondering if it makes sense to issue the details of the special payout on its own? Would it be better to announce it as part of an updated strategy statement so investors can put a big payout into perspective. Some Co's returning large sums to shareholders are lost how to invest themselves or are winding down. As we are winding up we need to ensure investors don't get wrong footed by this. Just a thought.

[soulsauce] 06/7/2021 09:58

Yep and the rest 🤔

[konil] 06/7/2021 09:40

i hope they dont drag out the divi thing now. they should be in a position to announce the pay amount i.e. after taxes, fees etc., exdate and paydate in one go. so only 1 rns needed.

though perhaps reasonable to separately annouce a dividend policy for further dividends.

c'mon aau get on with it now, hope no further jumping hoops to be sprung on shareholders.

[shortarm] 06/7/2021 08:51

2006, needs a bit of work to be immaculate. Love the little things, had two brand new when they first came out so a bit of nostalgia.....Seems a lot more difficult to get out of these days lol!

[renniks2016] 06/7/2021 08:48

each to their own Shortarm, was it a 2006-7 for that money, or did you chip in some?
great motor.

[shortarm] 06/7/2021 08:28

Sorry, I had to let go of 200k to buy a TT QS 240!Won't double in value like AAU but it will put a smile on my face sat there all cute and shiny!

[renniks2016] 06/7/2021 08:13

Gold back above $1800, silver following rise, and we got lots of both. expecting some trickery from mm's in the next few days, weeks. Hold tight, could get bumpy. ;)

[shortarm] 05/7/2021 15:26

4,99 to 5,07 spread isn't so bad, wonder why they don't advertise it??

[actonovator] 05/7/2021 12:24

Lol what a lark share trading is. Good strength last week, esp into the Friday close - excellent chance of news tomorrow - you'd think today would be a good day?

Buys - 38 shares
Sells - 1.3m

[bigglesbingham] 04/7/2021 23:13

Rather say positive anticipation that tender hooks pal ha ha

[plasybryn] 04/7/2021 18:22

All on tenterhooks for imminent news

[soulsauce] 04/7/2021 09:57

Yes just posted similar on the Chf thread Thanksamillion. I would assume now drilling has finished that there aren't many people on our site.