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Share Name Share Symbol Market Type Share ISIN Share Description
Galileo Resources Plc LSE:GLR London Ordinary Share GB00B115T142 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.335 0.32 0.35 0.335 0.335 0.34 939,570 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.4 -0.1 - 2

Galileo Resources Share Discussion Threads

Showing 2026 to 2044 of 2300 messages
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older
DateSubjectAuthorDiscuss
18/10/2019
15:57
Is the total value raised not 500 thousand Sleven? The placing value was for 40 bps of a penny No institutions have taken part in this placing...It's tiny. And if Bookworm really thinks that 500k fully funds the project then he really is as stupid as he sounds.
plat hunter
18/10/2019
15:34
125m placing units: 125m shares @ 0.4p/125m warrants @ 0.6p Birdie took 5m placing units Others took 120m placing units. Total raised by the placing units £1.25m assuming warrants get to roberts 0.7p or more.
sleveen
18/10/2019
15:30
Https://www.voxmarkets.co.uk/articles/predator-oil-gas-galileo-resources-and-chris-bailey-on-3-stocks-with-new-out-dea8b42/ @15mins
sleveen
18/10/2019
15:25
Hi PlatHunter! Thanks for the clueless contribution. I'd suggest you re-read the RNS: 1. The directors didn't take up the placing in its entirety. They took a decent number of shares, but no more. 2. The warrant sweetener to the broker is only a tiny number - 3 million. 3. The issued shares seem to be remarkably sticky so far. GLR is trading at 0.45 currently, well over the placing rate, and it is hard to buy shares (NT for any volume). 4. There may well be some kind of warrant "ceiling" for a while - but nearer 0.7p to allow for a decent 15% incentive for warrant conversion and sale. That's 50% above the current share price! So almost everything in your post was wrong. As per the usual with you. But the big story you've missed is that Galileo are now effectively financed to production.
bookwormrobert
18/10/2019
15:03
I really don't like it when companies conduct placings with the directors taking up the offering in it's entirety and paying the brokers in warrants to further dilute shareholders at a later time. The cost of the exercise is wholly undertaken by the shareholders and not withstanding CB's existing relationships with large family offices and institutional investors, you've got to ask how come none of those were interested? (It's probably not big enough) Not only that, one might argue that there's a ceiling here now of 0.60 for the foreseeable. I've been watching here for a while now as being a naturally curious JLP holder but I've seen as much as I need to now and in the famous words of Mr Bannatyne... "I wish you well with it but I'm out and i won't be investing." ATB Plat
plat hunter
18/10/2019
14:35
Just bought back the shares I sold a few weeks ago! A placing was desperately needed. T'other thread: "sleveen 8 Oct '19 - 17:25 - 107 of 108 From the final results: Net current liabilities circa £500k and G&A of £400k to pay over the next 12 months."
sleveen
18/10/2019
12:24
No cash Bull.. Entering into negotiations when you don't even have enough cash to facilitate your own BAU activities is a really weak hand to play. This placing stops GLR ending up like BMR imo.
plat hunter
18/10/2019
11:35
There was no need to raise money till after the Jubilee deal and then it could be done at a higher price. This raise stinks
the bull
18/10/2019
11:25
Bingo! "sleveen 8 Oct '19 - 08:12 - 106 of 107 Surprised there hasn't been a placing. Time yet though!"
sleveen
18/10/2019
10:23
Dilution here was obvious and called it, as well as the discount, way back in July see 92 of 109.
plat hunter
18/10/2019
10:03
JLP for me to think this was 10p a few years back
deme1
08/10/2019
17:25
From the final results: Net current liabilities circa £500k and G&A of £400k to pay over the next 12 months.
sleveen
08/10/2019
08:12
Surprised there hasn't been a placing. Time yet though! Interims due Dec 2019.
sleveen
07/10/2019
14:00
As long as you're happy. I wouldn't be.
cmackay
07/10/2019
11:58
My hobby is laughing at mugs
therealapplegarth
07/10/2019
00:41
You should probably take up a hobby.
cmackay
06/10/2019
23:53
As long as you show up and admit you were wrong! that's a deal then
the bull
06/10/2019
20:48
I'd rather punt on a 3 legged greyhound lol ! I'll be sure to watch this in coming months. Can't wait to laugh at the mugs when this drops lower
therealapplegarth
04/10/2019
14:36
Time will tell, do come back and check up on us. Better still, take a punt, this baby is going to fly next year
the bull
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older
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