Share Name Share Symbol Market Type Share ISIN Share Description
Global Resource LSE:GRIT London Ordinary Share GB00BCKFVJ45 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 12.00p 11.75p 12.25p 12.00p 12.00p 12.00p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.9 -2.3 - 5.04

Global Resource Share Discussion Threads

Showing 176 to 200 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
22/9/2017
14:41
20p all day long on that news. Uplift is worth 5p per share.
richie666
31/8/2017
11:44
The NAV per ordinary share as at the close of business on 25 August 2017: Pence per Share Cum Ex Income Income With financial liabilities at fair value 20.17 20.17
davebowler
16/8/2017
15:37
16p! Hats off to @Ritchie666, that's a heck of a price for a co I don't believe is worth more than a few p. NAV's back down below 20p & other than one potentially valuable holding (not Siberian Goldfields! Where's that AIM listing? How would GRIT get out even if it listed?) they're burning through cash at the rate of c.10% of NAV pa (how on earth can secretarial fees be so high?). No idea who's behind Madrassa nominees but IMO one of 3 things now possible: 1. A bid for the co at the highest price paid, ie 16p (unlikely - the trade was 10 days ago & they'd surely have struck immediately) 2. Sit on the shares for 6 months, wait for the price to drift (they're no longer the bid - they're 0.2% away from maximum permisable holding and who else is going to buy?) & then make a low-ball offer 3. Use their 30% shareholding to delist the co, ostensibly to reduce costs, but really to appoint their own nominees and extract what value they see away from the public gaze. All entirely IMO. My money's no.3 (though it isn't really - not long or short). Looking forward to collecting on the bet in December - plenty of profits to pay it out of at least @Ritchie. Well done again on getting out at 16p.
spectoacc
16/8/2017
14:06
interesting - well spotted
mister md
16/8/2017
08:58
If you look at the bottom of the notification, he has sold his stock at 16p.... Doesn't sound to me as thought it has been sold through the market!
willo
16/8/2017
07:54
Nw we know where the stock has come from, why sell at this level if we have a 22p NAV valuation?
cgod
30/6/2017
08:20
hopefully the Siberian Goldfields AIM listing is on track?
qs99
04/5/2017
14:34
Seems to be quite a bit of stock available - anybody have a (recent) major shareholders list ?
mister md
28/4/2017
15:49
The only important sentences in todays RNS - "Additionally, it is anticipated that Siberian Goldfields will seek an AIM Listing in the third quarter of 2017. Elsewhere, Anglo African Minerals has made excellent progress in making the transition from explorer to producer, having agreed the first stage of a joint venture with a major Chinese State Owned enterprise, which will provide full project funding, mining services and an "off take" agreement and lead to production by Q2 2018. The Company is also working towards a listing on an appropriate Stock Exchange during the second half of 2017." What that means is cash payouts looming for shareholders or distribution in specie before Xmas (sorry Spec!!! ;-)). 22p is current NAV valuation but per our note here we expect towards 40p as eventual distribution - http://www.alignresearch.co.uk/cpt-company/global-resources-investment-trust/ Biggest "gimme" in the market to me. We shall be buying more.
richie666
25/4/2017
10:27
great PJ, am holding on as well as just looks oddly / wrongly priced IMO with GP holding up well
qs99
25/4/2017
09:47
qs - yes still in - and clearly Richie remains very positive. Deal brewing?
philjeans
20/4/2017
19:10
Spec. Dealt!
richie666
20/4/2017
12:29
@richie666 - sure, superseding previous bet. £5k from you to BTRS if GRIT don't trade at 20p before Dec 15th this year; if they do, I give £1k to Brooke.
spectoacc
19/4/2017
19:09
Spec. I got a new bet for u. 5k on my part v 1k on yours that GRIT 20p before Dec 15. 5:1 in your favour. Deal?
richie666
19/4/2017
08:45
Definition of irony - GRIT producing NAV to two decimal places.
spectoacc
18/4/2017
16:46
philjeans are you still in this one?
qs99
13/4/2017
12:48
with gold price going up, shouldn't GRIT's underlying investments be worth more?
qs99
15/3/2017
12:33
Excellent news there today - all loanstock repaid and the business is ungeared. Plus NCA 22p a share against share price 11p. Bargain.
philjeans
12/2/2017
14:13
http://www.alignresearch.co.uk/uncategorised/align-research-demonstrates-eat-cooking-capability/
richie666
20/1/2017
15:36
Spec - prepare to be surprised. Again! DH would not have taken stock v cash unless he felt there was materially more upside.
richie666
20/1/2017
15:09
It's a positive as it finally removes the existential threat that the co's been under for some time. The remaining £1.2m due in just over a month shouldn't be too hard to find from Merrex. Both outcomes pretty clear once IAMGOLD bid for Merrex - note the same Merrex GRIT had tried to offload. Of much more interest is the vote for keeping Hutchings involved after his abject failure, and the c.20% potential dilution. Vote split 60:40 - that I find very interesting. If I held any shares, it would have been more than 40% against. What would it take to change my mind on GRIT? Probably them returning something - anything - to shareholders, even just 1p/share. Can't see it ever happening.
spectoacc
20/1/2017
13:57
Spec - what's your thoughts re the RNS today re CULS repayment. If that is not a loud signal that the 20p bet will be lost this year (and probably sooner than you think), I do not know what is...
richie666
13/1/2017
17:59
This is one of the GRIT constituent companies LM - http://www.alignresearch.co.uk/cpt-company/zenith-energy/ We really like them too. A prime example of the portfolio of GRIT holding a select number of stocks now that could multi bag and drive the NAV much, much higher. All IMO but with my own hard earned behind!
richie666
12/1/2017
23:05
OK Thanks Richard - best of luck here PM me if you need any advanced TA ATB LM
luckymouse
12/1/2017
19:13
The purchaser
richie666
Chat Pages: 8  7  6  5  4  3  2  1
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