Serabi Gold Share Discussion Threads

[cascudi] 23/3/2018 10:06

Fantastic. It was about time for this to fly. with China and Us issue I see gold a good investment. Hope for 12p soon at least.

[gregpeck7] 23/3/2018 09:47

Looks like That 250k buy earlier really cleared them out... really caught everyone out this news. Clearly big money does want in here.

[fillipe] 23/3/2018 09:45

Excellent to see both the bid and ask starting with a "5", for a change.

Also seeing the highest ask well up - now showing at 6p.

f

[gregpeck7] 23/3/2018 09:42

Outstanding rns. Well worth the wait here.. glad I loaded up last month. Thanks Lalria for the tip!

[ppvn] 23/3/2018 09:13

I'm still looking forward to FY2017 results. I assume those will be next thursday

[fillipe] 23/3/2018 08:57

4.71p paid, as I type.

f

[rajaster] 23/3/2018 08:47

Pis would mean too much work and more expensive. Iis add a touch of experience too.

[loganair] 23/3/2018 08:02

Good sign they managed to get the share sale away at the current share price. I just wish Serabi would offer shares to us PI's instead of just the Institutions.

[ppvn] 23/3/2018 08:00

Yep hats off sleveen, didn't expect that. No real dilution though as you say and to be honest the free float isn't increasing... seems ok to me

[lw425] 23/3/2018 07:59

So surely if it depends on market demand then it should read institutional 'flippers'?

[lw425] 23/3/2018 07:58

The Company continues to take market soundings with institutional investors via its brokers concerning a possible further issue of new Ordinary Shares in the short term. Any such issue of new Ordinary Shares would depend upon market demand and be subject to the approval by the Company's Shareholders of the requisite authorities at a General Meeting. Should the Company decide to proceed with any such further issue, an announcement will be made in due course.

[tightfist] 23/3/2018 07:49

Lucky Greenstone clients at 3.6p!Very welcome to see them on-board and their $15m subscription will certainly help move the company move forward to the next steps and markedly accelerate the pace of developments - in the ground and IMHO the share price too.The Fratelli majority ownership is finally overcome!Cheers, tightfist

[sleveen] 23/3/2018 07:32

Told y'all financing would be needed.

A 40% increase in the number of shares in issue from 700m to approx 1bn shares, or approx 30% of the enlarged number of shares in issue.


Funds from the Subscription will be used to:


-- satisfy the second instalment of the deferred consideration due
for the acquisition of the Coringa Project;



Fair play though, the issue is priced @ 3.6p, so no direct share price dilution; only the assets.

[ohsod1t] 01/3/2018 10:07

Wonder if it was stops being taken out. It all happened very quickly, and it's bouncing quickly too.

[return_of_the_apeman] 01/3/2018 09:36

I see someone's been offloading this morning

[ileeman] 28/2/2018 16:22

Very strange movement.

[gregpeck7] 28/2/2018 16:20

Full ask for small amounts now...

[gregpeck7] 28/2/2018 14:37

L2 just improved to 2 v 1.. Looks very good to move up..

[ileeman] 28/2/2018 12:19

I had to split to get some stock, cant buy quantity.

[gregpeck7] 28/2/2018 11:39

Just enquired for 300,000, this looks very interesting, but broker saying best price would be 5.44. Is stock really tight?

[gregpeck7] 28/2/2018 11:30

Online limits just plunged from around 3 or 400,000 to 100,000....

[ileeman] 28/2/2018 11:02

I am no expert but I think we are seeing the final small correction in gold between $1280-$1340ish then we will smash past $1400.

Not hard to see why gold will be an investor favourite soon, economy is not as strong as the the government etc makes out.

I have been loading gold stocks, SRB was standout.

[loganair] 28/2/2018 10:01

The chap who runs the Shanghai Metal Exchange says if Gold can make a bottom at $1,300, he predicts that the price will move up from there to $1,500 with in 2018.

[uen_investor2] 28/2/2018 08:59

1 mm selling at 4.7... Looks a very interesting play.