Highland Gold Mining Ld Share Discussion Threads

[kennyp52] 31/7/2020 09:51

arja .. cannot disagree with your assessment so sold mine @ 300p . I was using this as my partner to CEY so really disappointed the uncertainty has forced me out . What do the Russian shareholders know ? That is the question . Good luck all holders but I got enough profit so felt I had to take it .

[uknighted] 31/7/2020 09:47

SRP Good luck with that one. I have over 3m GGP at av 1.45p - you can’t have too much of a good thing!

[arja] 31/7/2020 09:44

kennyp52,
It seems that the big players will just sit there at 298 and 299 waiting to be hit by the small investors who will wish to exit as losing opportunity possibilities by hanging on . Level 2 shows the big boys there at those levels

[srpactive] 31/7/2020 09:42

uk

Yes I have enough there, from 1p area.

Starting buying a very small company MNO maestrano,
started buying a few months ago at 1.5p up approx
and have continued. I expect very big things
there, only valued at £5m.

dyor

active

[uknighted] 31/7/2020 09:32

Yes SRP. I’ve just sold out at £2.996, more GGP shares for me. GL

[srpactive] 31/7/2020 09:25

Whether we like it or not c47 is correct. It might get sweeten by a little
or a 10p special dividend, we shall see.

Yes I know they can reduce if a dividend happens , but they may not choose to
to help it through.

dyor

[srpactive] 31/7/2020 09:24

uk

I was thinking yesterday after the rns adjournment appeared
that something was about to happen, what now I was thinking.

Now we know.

Anyway I will move on.

active

[casual47] 31/7/2020 09:22

What matters is votes cast at any meeting. A huge bulk never votes, ever. 40% is pretty much guaranteed to get this through especially as the BOD is fully behind it. This is not a hostile takeover.

[kennyp52] 31/7/2020 09:22

Thanks arja .. if the main owners are out and obviously looked to be out then why stay in ?

[uknighted] 31/7/2020 09:17

Could this be the real reason for the AGM adjournment yesterday?

[arja] 31/7/2020 09:16

kennyp52,
yes , possible delisting occurred to me but I think it can not happen until they have 90%

[uknighted] 31/7/2020 09:14

If a divi is paid the offer price is reduced by the amount of the divi.

[kennyp52] 31/7/2020 09:13

Thing is at 40% are they looking to buy back shares and suck the company into their group and HGM will end up not listed ? It’s not as if it is a true bid .. the major shareholders have obviously collided with the buyer to set a price .

[arja] 31/7/2020 09:12

In see 750,000 went through at 300 and they will attempt to get to over 50% I suppose !

[arja] 31/7/2020 09:10

well, very small upside !

[reynoldsg] 31/7/2020 09:09

Surely there is still a high potential upside from here?

[mister md] 31/7/2020 09:08

thats a shame - enjoyed holding both HGM and CEY as my gold-related investments

[arja] 31/7/2020 08:49

as underpinned at 300 level, might be worth trading as could bob up and down between 301 and 310 as hit 310 earlier .

[srpactive] 31/7/2020 08:45

They did it now quickly as if the share price broke 320p it would have been blue sky.

I have been saying this has been held down for years, and everyone knows I have,

The AT trades on the bid and knocked down at every rise.

dyor

C47

Yes agree although you can never say never.

[casual47] 31/7/2020 08:43

It's a recommended offer by BOD and 40% total share vote of major shareholders. It's over.

[kennyp52] 31/7/2020 08:42

Can’t see counter bids but at least it means we have a steady price of 300p to decide whether or not we stay with it . Don’t like it to be honest so might take my profits .

[zangdook] 31/7/2020 08:38

They need 90% to do a compulsory purchase, don't they? Or is it different rules in Jersey?

I agree a counter bid won't appear, but if there's resistance among the 60% holders they may have to sweeten the offer.

[geckotheglorious] 31/7/2020 08:36

Sigh, this was always a worry.
Sold my bunch. Pity but a 400% profit cannot be sniffed at...

:)

And it is summer, 32 degrees the high today, sun is out big time.

Some celebratory snifters in order later.

[11_percent] 31/7/2020 08:35

They have 41%, it snot going to be hard to get another 10%.

[return_of_the_apeman] 31/7/2020 08:31

This is unfortunately how things are done in Russia, it was always a risk but not one that I thought would happen

Shame this was such a banker, until this

My money will probably be drip fed into AAZ now

Gla