Gcm Resources Share Discussion Threads

[silvstallone] 18/4/2024 16:44

12% dilution will hit the market

Ouch

[baxtea1] 18/4/2024 16:38

🐶🐶

[silvstallone] 18/4/2024 16:37

Are you talking to you?

[baxtea1] 18/4/2024 16:32

🐶🐶

[silvstallone] 18/4/2024 16:28

Very quiet on lse

[silvstallone] 18/4/2024 16:17

12% dilution first thing tomorrow.

30m shares, some will be on the market.

What's everyone's predictions?

I'll be surprised if the bid is any higher than 6p.

[silvstallone] 18/4/2024 16:16

You’re alone now

[baxtea1] 18/4/2024 16:15

New header comment

[silvstallone] 18/4/2024 16:13

12% dilution coming tomorrow

Ouch

[baxtea1] 18/4/2024 16:08

Yap yap yap 🐶🐶🐶

[silvstallone] 18/4/2024 16:05

John told me that you are alone here now

[silvstallone] 18/4/2024 16:02

Nobody cares

Sp down 10%

[baxtea1] 18/4/2024 16:00

Comments in header

[johnnyneverdie] 18/4/2024 11:34

How is the BOD allowing people taking one single share of this zillion

company IF the hypothetical project is going to be accepted

They should buy EVERYTHING whatever the price

🤣🤣🤣🤣


Jeeeezz

Maybe warren and his 25k shares can give us his opinion??

[johnnyneverdie] 18/4/2024 11:17

Redeyemines on lse posted a very valid point

Very concerning



redeyemines
Posts: 1,296
Price: 7.75
No Opinion
----Fund Raise shenanigansToday 19:51
---- I want to take a close look at this latest fund raise, and I think it may be important to look at the previous one first and see if there are any similarities.

---- When i looked at the FR in Jan, the first thing that stood out, was that it was not a placing, but rather it was a Subscription----a difference just in wording ?---no, in my opinion it was more of a money lending exercise from an outfit called Clear Capital Management.

-On paper it looked like they had BOUGHT 30,3 mill shares at 1.65p for £500/-, but did they.?

-They NEVER appeared on the large shareholder list, even though it looked like they had "bought" 12.5% of the company----so what really happened ?

-Well my guess (and this really is just my opinion) is that CCM lent GCM £500/- in exchange for 30.3 mill shares, which CCM then sold on to "clients" and into the mkt,( at anywhere between 1.9p and 2.2p), in order to recoup their outlay.----I was tallying the sales all along, and sure enough, when those sales totalled £500/- , the selling stopped and the share price moved up all the way from 2.2p tp 10p

-What was in it for CCM i hear you ask----well they managed to recoup their outlay by selling around 25 mill shares, so they finished up with 5 mill shares for free (or they could have sold out completely and made £100/- or 20% profit over less than 1 month)----not bad at all.

--The shares finished up in Client (ii's ?) and our PI's hands.

----Think im wrong ?

-Then look at the large shareholders list on GCM web site---you wont find them there with that 12.5% holding---they are not there and in fact they never have been, not even from the admission date of the new shares---not a mention.

-----Now that doesn't sound right to me----but there is something even more alarming.

----Clear Capital Management seem to have been air brushed out of GCM's history all together.

-Go back on all the fund raise RNS's and you wont find one mention of CCM in any one of them-----they were there when the RNS's came out ---but they are not there now----the RNS's have been altered (don't think that is allowed , is it ?), and all mention of CCM has been removed.

-

-Anyway---lets come back to this current fund raise.

-

-Is it going down the same rout---my personal opinion is,--- yes it is

-

-It's another Subscription, again not a placing----so i'm looking to see if we are in for the same ride.

-Will this latest 30 mill shares now be passed on to "clients" and also fed into the mkt for us PI's to consume------

--------WHATCH THE VOLUMES

-If i'm right then we have to start adding up the large sales volume again-----with the share price static i'm assuming 59% of daily turnover is sales and 50% is buys

-so at the moment i think they have shifted about 9 mill shares, and if they are following the same route as before, then they will need to sell about 25 of the 30 mill before they get their money back---should take maybe about a week----lets see.

As you say this is alarming !! This is YES

This is how they play with the pump and dump


No reply? Not surprising


redeyemines
Posts: 1,296
Price: 7.75
No Opinion
RE: ----Fund Raise shenanigansToday 19:54
-Shares will be admitted on about the 19th so will AXIS C M appear as a large share holder list and will any drop in holding also be RNS'd---or will ACM disappear the same way CCM has ?

-

-I have tried to speak to he co on this but am getting no reply.

[johnnyneverdie] 18/4/2024 11:14

All the fellas talking about £ but the share price can’t pass 8p


🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;🤣🤣🤣🤣


Jeeeeezzzzz

[johnnyneverdie] 18/4/2024 11:14

Dont forget to vote for his loss

Folks dont forget to Help our paid resident baxfish and his 25k shares


Special prayer for our paid resident baxfish who bought since 2006

Go and help baxfish for his loss by giving a like


And bagfish is paying a monthly fee to the platform since then


What a sc (simple consumer)🤣🤣🤣9315;

[baxtea1] 18/4/2024 11:07

Big buying appetite for stock at 7.25.
Obviously forward selling of the 30,769,230 direct subscription stock. Explains the 4.5mil + selling since announcement. Easy money at the 6.5p subscription price.

Exactly same happened with the January fund raise. Once that overhang cleared, off up to 10p we went

Looks like we will stay around this level till the 30mil is cleared, or nearly cleared.

[johnnyneverdie] 17/4/2024 20:17

Dont forget to vote for his loss

Folks dont forget to Help our paid resident baxfish and his 25k shares


Special prayer for our paid resident baxfish who bought since 2006

Go and help baxfish for his loss by giving a like


And bagfish is paying a monthly fee to the platform since then


What a sc (simple consumer)🤣🤣🤣9315;