Highland Gold Mining Ld Share Discussion Threads

[loganair] 05/8/2020 12:16

HARGREAVE HALE

ORDINARY 0.1p SALE 2,000,000 293p
ORDINARY 0.1p SALE...342,000 293.4673p
ORDINARY 0.1p SALE...800,000 295.9567p

[zangdook] 05/8/2020 12:10

If I had millions of shares to sell, I'd talk to the bidder and try to negotiate an early sale at 300p, I wouldn't dump them at 292 or 293 if I could help it.

I'm disappointed, though not really surprised, that Giles Hargreave has bitten the bullet. If he thinks it's not worth holding on then there's probably not much hope.

[zangdook] 05/8/2020 12:07

11.29 RNS - on 3 Aug HHL sold 3,142,000 leaving 4,858,000
11.26 RNS - on 4 Aug HHL sold 4,158,000 leaving 700,000

[srpactive] 05/8/2020 11:49

RE hhl

Can someone explain the latest couple of rns's?

First one states sales and owning 700000.
The next more sales and they control 4m plus.

active

[srpactive] 05/8/2020 11:41

Yes all over, 300p it is as the deal will probably
be settled by the potential results date.

[loganair] 05/8/2020 11:40

JPMorgan Asset Management now completely out.

[loganair] 05/8/2020 11:18

Denalot Worldwide down from 7.13% (25,950,893) to 2.87% (10,434,227)

This is the third major institutional share holder to be heavily reducing.

[zangdook] 05/8/2020 11:16

I like the idea of getting a dividend, but I don't see them giving us any presents. I note Denalot has reduced - IIRC that's Abramovich or one of his friends, and since they've promised their shares to the buyer, they must have started the transfer process. Would they really give us a dividend and not Mr A? I may have a lot of the details wrong, I'm relying on memory, but I'm not optimistic. I wish I'd taken 310 the other day, it really grates to be offered 295 now.

[zangdook] 05/8/2020 11:11

No, the deal falls through if they don't get 50%, and they're already over 40%. What they need 75% for, aiui, is to delist. 90% and they can force remaining holders to sell.

[breaktwister] 05/8/2020 10:45

Already in both you mention. Is it true that if 25% refuse to sell then the deal is bust? If so I will refuse for badness, why should I accept being shafted because the Bod is selling on the cheap to their friends?

[srpactive] 05/8/2020 09:14

sdt



dyor

active

[stevedaytrader] 05/8/2020 09:10

Alas I agree SR- Endeavour tried to stitch CEY recently, but thank goodness a successul block (OK, completely different scenario)- they knew what they were trying to get, and then had the gall to say takeover was not successful due to CEY dragging,and not that the price @~125 was ridiculously low! Gold seems to attract many sharks, and I guess Russian goldies more... all the best and see you other boards although I will keep watching and commenting here as you never know, stranger things have happened than this falling through...

[srpactive] 05/8/2020 09:04

sdt

Thank you, the timing of the approach was a masterstroke if I like
it or not, as the gold price was spiking, the eyewateringly good results
and dividend getting closer and the 320p chart breakout and blue sky was
upon us, the 300p landed.

Yes z that is why they have the billions.

active

[arja] 05/8/2020 08:58

CEY and HOC have bigger % rises than POLY today anyway .

[stevedaytrader] 05/8/2020 08:54

Best of luck SR (and this is not sarcastic)- for years we’ve commented here in one another’s post and you always said a buy out was the cards- but not like this- you and many others who were long deserve so much more

[srpactive] 05/8/2020 08:46

sdt

Yes quite correct, but I am sitting tight, for now.

[stevedaytrader] 05/8/2020 08:43

Agree, dump and invest elsewhere with goldies

[zangdook] 05/8/2020 08:39

A lot of people will lose some of their £3 to CGT as well. Don't Abramovich and his chums have enough yachts, without nicking our vespas out from under us?

[zangdook] 05/8/2020 08:22

I wonder what % is held by disgruntled PIs. If over 25% refuse to sell they can't delist. Most probably won't feel it's worth holding on for a battle though. I'll be interested to see if Hargreave Hale throw in the towel.

[srpactive] 05/8/2020 08:16

I hold poly from 600p and ggp from 1.2p and up.

Please no need to swear is there.

active

[srpactive] 05/8/2020 08:02

Poly up 90p, 4%.

We would be well north of 320p now.

Edit

Now poly up 5%.

[arja] 05/8/2020 07:19

breaktwister,
why not sell in market and get into one of the uptrending gold stocks like CEY and HOC ? I trade shares with a CFD and does not tie up your capital

[nerdbirder] 05/8/2020 04:59

I'm watching the price of gold this morning and spitting teeth. Is it unrealistic to think there's any case for suing?

[nerdbirder] 05/8/2020 04:39

It said q4 2020 somewhere, so Christmas I'm guessing. Bit annoying. My last buy in was at 295...
I guess it means you can buy now for a guaranteed (?!?) 3-4% ish, which in the grand scheme of things isn't bad for a four or five month period,