Solgold Share Discussion Threads

[gisjob2] 09/10/2020 13:49

Also surely BHP know if they make an over inflated offer for Cornerstone, it will just make the SOLG shares more expensive.

[mknight] 09/10/2020 13:43

Gosjob2

True

[gisjob2] 09/10/2020 13:42

Mknight,

If Newcrest or BHP pay an inflated price for Cornerstone that still will not give them control of SOLG and SOLG share price is sure to rise further due to the read across from the inflated Cornerstone offer.

If you're a Cornerstone share holder why not benefit twice by accepting SOLG offer then wait for an offer from BHP etc for the whole if SOLG or it to be developed further.

[mknight] 09/10/2020 13:40

Level 2 update

Nothing really on the sell side until 85k at 42.95 .. becoming somewhat short of shares unless there are hidden sellers which i doubt but you never know 100%

Sorry mistake the 85k is at 43.25 so even less

[blair83635] 09/10/2020 13:37

Would love to see 45 today but 43.5-44 is most likely

[mknight] 09/10/2020 13:37

Gisjob2

Yes they can refuse it , maybe Newcrest or Bhp or another would like to pay more. And no imho Solgold should not leave it open .

[gisjob2] 09/10/2020 13:30

Can Cornerstone still refuse the SOLG offer ? Really ?

And should SOLG still leave it open ?

[bogotatrader] 09/10/2020 13:21

150k bid at 41.7 just been quoted

[the count of monte_cristo] 09/10/2020 13:20

I remember that day, I made the most in a day I have ever made, think it was about £50k. Not bad, but then I lost it all on MNC, hanging onto the MNC dream of them making their copper find a big deal (:

[mirabeau] 09/10/2020 12:51

42p in our cross-hairs

[mam fach] 09/10/2020 12:47

There was a prediction we would get to 40p this week.
Hold on Solgers. Next week might even be better.

[goodgrief] 09/10/2020 12:32

Double bagged and holding tight!

[mknight] 09/10/2020 11:56

55k 41.35 v 20k 41.70

Now

12.5k at 41.45 v 22k at 41.75
3k at 41.85

Now 12k at 41.50

Changing quickly ..

10k just went through at 41.905

Betwéen 41.90 and 42.25 there is a bit of volume which might interest a large buyer rather than small amounts .

[sirmoori] 09/10/2020 11:52

How's the offer side looking?

[mknight] 09/10/2020 11:47

Level 2 update

5mins ago we had 285k betwéen 41.90 and 42p .. now dropped to 135k

[dozyduck] 09/10/2020 11:35

charkie - that's typical for the sort of tiny cap stock that Solg was in those days. You'd never have been able to deal in any quantity, and tiny quantities would have moved the shares big time. Its why long term charts where dilution has taken place are useless.

[charlieeee] 09/10/2020 11:28

Sidarthur, the historical charts do not record the intra day highs: you would need to see all trades for the day.

It was such an extraordinary day that none of us investing at that time will ever forget that 80p high, as the Sp rocketed and then collapsed like a souffle back to somewhere in the 50's.

[lowtrawler] 09/10/2020 11:08

Buying has significantly exceeded selling for days now and in much higher volumes than are traditionally traded. The MMs must be short of stock. Something is going to have to give.

[mam fach] 09/10/2020 09:40

It came down as quickly as it went up.

[mknight] 09/10/2020 09:35

Level 2 update

Nothing much on the book

Next stop maybe 41.90 where approx 130k awaits 3 trades .

[sidarthur2] 09/10/2020 09:27

never been much higher than 54p according to historical charts....

[mam fach] 09/10/2020 09:05

It is true,