Athol Gold Share Discussion Threads

[topdoc] 21/3/2012 15:51

talk about value destruction however is this the time to buy

[maurillac] 17/3/2012 09:41

"TW the investment guru?.... I wouldn't trust him to sit the right way on a lavatory." lmao
i dont know where he gets its reputation from .. was it that simplistic programme "show me the money" ?
m

[skirby] 16/3/2012 12:39

The value in deed will end with TW.

They have a habit of selling you shares at a higher price. share price falls to lower price when TW buys them back.

As they are long term investors they benifit from small investors short term frustrations.

If your happy to hold 10+ years & keep adding as the price goes lower you might be lucky to keep up with inflation.

I sold all & moved on.

[topdoc] 16/3/2012 12:22

soon be zero at this rate

[the big fella] 13/3/2012 16:38

I wish they had bought enough so I could have excited at about 0.5p. If only. It was Ruegg that got me into HRC. What a waste of time and money that was.

[argy2] 13/3/2012 16:24

Those 'friends' of TW and subscribers to his t1ps camp that bought into Agneash must not be very happy at the moment.

[the big fella] 13/3/2012 16:11

I see Agneash have flogged all their "investments" in return for worthless paper in this dog. Looks like that another £5k to offset capital gains.
High Road Capital never even made it to the low road.

[orado] 08/3/2012 09:43

argy

and don't forget 'The Value' lol

[argy2] 08/3/2012 09:17

Although if the price keeps falling?

[argy2] 21/2/2012 15:41

Not such a big discount to nav now then. lol

[vision88] 17/2/2012 10:01

BAZ 9707

The total value of the Portfolio as of 27 October 2011 was £1,435,531 and the
NAV of the Portfolio on the same date, on a fully diluted basis was £0.01794.
The last audited valuation of the Portfolio is provided in the Annual Accounts.


NAV £0.01794 LOOKING AT THIS FIGURE HMM its a tad under £18 thats how it reads to me, is this a company that should be taken seriously.

[argy2] 03/2/2012 14:30

Not sure I would go for it if I was a Yeomans shareholder

[logic3] 03/2/2012 13:37

I am holding onto mine. Should see a rise in near future.

[on target] 03/2/2012 12:08

And what is in the share portfolio of Ronaldsway Private Equity plc?

[topinfo] 03/2/2012 12:03

Look at issue price 57% higher than sp

DJ Athol Gold and Value Limited Acquisition

TIDMAHG

RNS Number : 7750W

Athol Gold and Value Limited

03 February 2012

ATHOL GOLD & VALUE LIMITED

("Athol" or the "Company")

ACQUISITION OF INVESTMENT PORTFOLIO

The Board of Athol is pleased to announce that, in line with its stated strategy of rationalising the large number of sub critical listed investment companies, it has agreed to acquire the entire share portfolio ("Portfolio") owned by Plus listed Ronaldsway Private Equity plc ("Ronaldsway") in exchange for new ordinary shares of 0.25p each in Athol ("Athol Shares") (the "Transaction").

The Transaction is subject to the approval of Ronaldsway shareholders at a general meeting ("General Meeting") and to contract.

Under the terms of the Transaction, the Portfolio will be acquired for a total consideration of GBP288,168.79, which will be satisfied by the issue of 61,312,508 new Athol Shares ("Consideration Shares") at 0.47p per Athol Share, being the Net Asset Value per Athol Share as at 25 October 2011, the date on which the terms of the Transaction were agreed.

The Directors of Athol will provide an updated valuation of its own portfolio on completion of this transaction.

Should the Transaction be approved by Ronaldsway Shareholders at the General Meeting, Ronaldsway intends to de-list from PLUS (the "De-Listing") and distribute in specie the Consideration Shares, following payment of any expenses, to Ronaldsway shareholders pro rata to their existing holdings of ordinary shares in the company (the "Distribution"). As Ronaldsway would no longer have any assets following the De-Listing and Distribution, the company intends to be dissolved (the "Dissolution").

Jennifer Allsop, chairman of Athol, noted: "We have used our increasingly liquid paper to pick up another portfolio of largely AIM listed shares which have performed strongly in the past three months and thus this transaction will, in the view of Athol's directors, enhance our own NAV in a material way. Moreover it helps continue our drive towards achieving critical mass for Athol. We continue to consider a number of other paper funded portfolio acquisitions with a view to enhancing shareholder value and look forward to keeping shareholders abreast of developments in the coming weeks and months."

For further information please call:

Athol Gold Limited
Jennifer Allsop [phone]

[naked trader] 03/2/2012 09:53

Bought in on the RNS regarding no reason for reduction in share price. Now realise I was mugged!

[baz9707] 28/1/2012 23:00

WSI failed company rivington street making mony from all the deals pis shifted
Note to self do not be temped even though the NAV is higher than the share price.
They could not sell most of the shares even if they wanted to.