Oxus Gold Share Discussion Threads

[andrbea] 05/10/2015 15:55

that team of lawyers they were using, can anyone remember the bit where it says that they don't take on new work unless they expect the risk of a positive outcome to be above 90% probability or something (it's from a while back I know)

[giant steps] 05/10/2015 15:49

BtS, they have $6M to be repaid from Oxus so a sensible de-risk for them

$6M = £4m, and their special fund is only worth c£5m

So they will be cashed with other investments for free

[dusseldorf] 05/10/2015 15:48

apfindley - yep, RAB special situations is closing and a forced seller

[bobtheslob] 05/10/2015 15:48

Cheers - so just taking advantage of increased liq then

[apfindley] 05/10/2015 15:47

Rab are winding up anyway aren't they.?Supposed to be by the end of this year.It was announced some time ago as they were not exactly performing well

[bobtheslob] 05/10/2015 15:46

Anyone concerned about RAB ?

[slong] 05/10/2015 15:34

It depends if the same demand is still there, I would wager that there is a fair amount of hot money in here that could exit quickly if the verdict does not come out in a day or two.

[dusseldorf] 05/10/2015 15:25

RAB will be out in next couple of days if volumes persist - remove the 4m/ day seller and it's up up and away....

[dave444] 05/10/2015 15:23

Thanks Stig

[dorset64] 05/10/2015 15:22

Well what ever occurs, if/when OXS get to circa 6-7p or more, I will look to sell exactly 50% of my holding, as my shares/their value will had then doubled with the remaining 50% basically left in for a free run.

Sensible approach imo.

[78steve] 05/10/2015 15:22

I guess the special thing about being invested in a share like Oxus is that now I know how people feel when they are awaiting a decision. Nail biting moment...

[the stigologist] 05/10/2015 15:21

They no longer have a 'notifiable' holding so no need to notify anymore.

[the stigologist] 05/10/2015 15:21

That is right dave444

[dave444] 05/10/2015 15:20

Just a point that maybe obvious - but now that RAB are under 3% i presume they do not have to inform the market of any more sells even though they have CLNs which they may convert in the future - is that correct?

[broncowarrior] 05/10/2015 15:20

Shares often get suspended pending a material announcement.

[debbie_does_dallas_twice] 05/10/2015 15:19

not correct.


karateboy
5 Oct'15 - 14:46 - 24751 of 24762 2 0

Shares will not get suspended unless the court indicates that the ruling will be released during the time that market is open,

-------------------------------------------

The share will remain open for trading as the long as the result is not known.Period!!

[giant steps] 05/10/2015 15:15

Thanks for the chart Stig, a most useful reminder

[giant steps] 05/10/2015 15:14

They will probably clear today ...(supply may become tight)

[slong] 05/10/2015 15:13

They crossed the threshold on Friday, so its probably a fair assumption that thay have less than 12m shares now, given the volume today.

[the stigologist] 05/10/2015 15:12

Date of Transaction is 2nd October

So they will have sold more today.

Suspect overhang will be gone tomorrow

The first we will know about it is probably a massive mark up from the MMs

Break this technical resistance at 4.625p and we could see a gap up to 10-15p level