Asa Resource Share Discussion Threads

[geng] 18/4/2017 10:45

What a great chance for David Li to increase his holding!



he was above 5% on 22 March - wonder how much he will hold at the end of today?

Call my cynical but bet there will be another holding RNS at the end of tomorrow.

I'm sure he would have been very aware of the substance behind the rumours yet still buying.

[thecynical1] 18/4/2017 10:45

fake news? or a dead cat bounce? very odd....

[kye1] 18/4/2017 10:44

Big Bear Billy, you seem to know a lot..... what is the con, I'm confused ?!! how many shares are you holding ?

[bogeybazaar] 18/4/2017 10:37

Yim Kwan was suspended on 10 April. Shouldn't there have been a RNS / suspension there and then?

[big bear billy] 18/4/2017 10:33

Only idiots will be buy now.

Bottom feeders will take their profit and run.

Many punters have not realised yet about this con yet.

[big bear billy] 18/4/2017 10:31

CHINAMEN HAS STOLE ALL YOUR SILVERWARES

MOVE ON TO YOUR NEXT GET RICH QUICK SCHEME DISASTER

[thecynical1] 18/4/2017 10:29

all I can say is WTF........

[big bear billy] 18/4/2017 10:29

Most probably suspension is warranted here.

[big bear billy] 18/4/2017 10:27

Bankruptcy looms.

Most probably there's no money left in the till.

Chinamen laughing at the UK mugs

[redtrend] 18/4/2017 10:23

This is going to get very messy and political... I could see the frying pan swooping back in! I'm pretty sure he still has 3%

[mr macgregor] 18/4/2017 10:20

It's a shame Mwana/ASA is forever run down by scoundrels but that's Zimbabwe for you. With good management over the last ten years this could have been a star.

[redtrend] 18/4/2017 10:19

Lets hope Ywan and Ning are in Zimbabwe or UK - assume if they are in UK they would not be allowed to leave the country?

Wouldn't fancy a Zimbabwean jail

What happens to their significant shareholdings?

[plasybryn] 18/4/2017 10:13

All you can say is the Coy. seem to have reacted very quickly to stabilize issues and issued a frank communication.
Perhaps in the long run this will prove to be beneficially.

[the stigologist] 18/4/2017 09:58

Terrible news we went from the frying pan with Mpinga into the Fire with Ning.

The fundamental asset value position should allow some recovery but as mentioned above the bond holders will have the whip hand

[apfindley] 18/4/2017 09:51

Could be a huge cash raising soon, clearly at a discount. Also very surprised this hasn't suspended like MRS did. To me the situation here is much more serious as it's outright fraud and theft of millions of dollars. Jail time if proven. Ex directors are toast.

[mr macgregor] 18/4/2017 09:47

Never mind, your flag formation remains intact, for the time being.

[blueball] 18/4/2017 09:46

Frigging iriots.

[mr macgregor] 18/4/2017 09:34

"The cash analysis reveals that there is a pressing need for cash at ASA, FRGM and BNC levels and that the matters now under investigation have prejudiced their normal cash flows."

The bondholders are rubbing their hands.

[mr macgregor] 18/4/2017 09:29

Oops - "I'm expecting big movement in the share price."
You got your wish mreasygoing. You must be lucky punter.

[juju44] 18/4/2017 09:07

Another 1.5 million after last close