Gunsynd Share Discussion Threads

[johncasey] 21/12/2020 07:55

shame about Octagonal Dave..cant you have a word in Gunn's ear and get him to see sense..alot of investors been shafted by that crass move to delist

[lenigas] 21/12/2020 07:48

Maybe this Gunsynd is the standout Santa Rally stock in my portfolio.

[whattheduce] 21/12/2020 07:23

So, the game here when FTSE opens is getting on the start of the curve to take profits later. Not normal to have one staring you in the face, but horses mouths gifts and all that. Hey, MERRY CHRISTMAS!

[strongbuy] 21/12/2020 07:07

Excellent start at Rincon , more of that to come going forward 🚀🚀👌

[whattheduce] 21/12/2020 06:59

Stockspy app giving RCR 30.50, an increase given as infinite %. That IS a good start!

[lenigas] 21/12/2020 06:39

Great start to Rincon. I can see Rincon going up another 50% from here in the coming weeks.

[dosser50] 21/12/2020 06:12

Closed up 50%

[rivet] 21/12/2020 01:46

Rincon Up 60% as of now.

[abbynat] 21/12/2020 01:19

i think everybody should prepare for a couple of red days in the mkts, especially with the news about freezing of travel inc freight into france and other countries, plus cobra meeting in morning. bad time for anything considered good news!

[avc0nway] 21/12/2020 00:50

I refer to my post #3739

On this website

I see the Bid / Offer Range now reads 0.290 - 0.200, so there is movement, but no trading volume yet quoted.

Perhaps, being a new listing, there is a hiatus or delay? Normal for new listings, or exceptional?

Let's wait another 11 minutes, until noon in Sydney.

avc

[whattheduce] 21/12/2020 00:27

Even with the 20 min delay, no opening price. Just waited up to see, but nowt. Issue with listing or suspended due to activity??

[whattheduce] 21/12/2020 00:26

Normal Trading takes place from 10:00 am to 4:00 pm, Sydney time.

[telbap] 21/12/2020 00:24

Local Au's time. It's written. On the tweet the company put out tonight. So it started trading 25 mins ago

[telbap] 21/12/2020 00:08

Started trading at 11am local time

[avc0nway] 20/12/2020 22:27

If this is an appropriate website:-


and if I am reading it correctly, these are recent figures for RCR (Rincon Resources):-

Last Price / Today's Change
0.200 0.000 (0.000%)

Volume
0

Bid / Offer Range
0.265 - 0.200

avc

[amunro] 20/12/2020 21:15

Thanks for the info scotty. Maybe I will just go to sleep and worry about it in the morning! Car is going in for an MOT too so fingers crossed on both counts!

[scotty666] 20/12/2020 21:07

87c is the share price of the previous entity that used the EPIC code RCR. But hey you never know.

RCR are due to commence trading at midday in Aus

[amunro] 20/12/2020 21:04

Google tells me ASX trades 10am to 4pm. So 10:00 equates to 23:00 UK. Looks like they are due to open at 87c ( Google doesn't give me many Auz pages in the UK!

[avc0nway] 20/12/2020 21:03

Thank you folks for your posts #3729, #3730, #3731 and #3732.

scotty666 writes (in response to my Q2):-
"The IPO was x5 times oversubscribed & share register pretty tight so YES."

Thank you for that, that extensive oversubscribing was news to me. It suggests there will buying pressure on RCR following the initial listing, and possibly also on GUN.

avc

[scotty666] 20/12/2020 21:03

I have been consistent with facts so not sure why you are saying that?

- Currently the Mkt Cap is close to 10M v 3.8M NAV
- Rincon needs to rise x5 to x8 to increase the NAV and close that Gap.
- Eagle Mining target price is 60c so when it gets there will add a few 000k to the current NAV

- I have included Rogue Baron (Shinju whisky) in my NAV calculation at the expected IPO price which is 50% above the 500k CLN. However a little skeptical that will happen now I have realized the North America distribution for shinju is exclusive to Capcity Beverage which has been carved off into a different entity Dolder & Co are listing in the US

[festario] 20/12/2020 20:46

You keep changing your tune.There is either a value gap or there isn't.Rincon should rise approx 5 times its issue price.Then you have Eagle Mining, Shinju Whisky and all the other portfolio companies, most of which are getting towards cash generative, or actually generating cash.

[scotty666] 20/12/2020 20:19

avc

1. Yes it is, see my earlier analysis. NAV for GUN is currently 3.8M pre warrants etc.
2. The IPO was x5 times oversubscribed & share register pretty tight so YES
3. I think Rincon will eventually get closer to $1 share thereby justifying GUN current market cap

Cheers

[strongbuy] 20/12/2020 20:07

Up 400% pre market?

[whattheduce] 20/12/2020 20:00

mon 21 dec 6:59 am AEDT
ooohhhh it's getting exciting.....