Thalassa Share Discussion Threads

[jmf69] 27/2/2017 18:10

LSR rns today might have helped?

[basem1] 27/2/2017 16:18

£1.50 = £30m mkt cap approx

[frazboy] 27/2/2017 16:18

i don't think they're buybacks

[greenroom78] 27/2/2017 16:17

Yes agree.

[basem1] 27/2/2017 16:13

If you look at the chart, this could run all the way back upto £1.50 and beyond.....and still be cheap.

[basem1] 27/2/2017 16:10

My dodgy accidental purchase now looking good, £1 here we come. Crazy market cap still.

[greenroom78] 27/2/2017 16:09

Going mad now on not a lot of volume, those 5k blocks send MMs running. Hopefully these aren't buybacks (Duncan bored on a wet Monday afternoon...) as would be inefficient use of shareholder cash chasing own share price upwards.

[lauders] 27/2/2017 15:28

Some movement! The start of a new leg higher? Here's hoping :-)

[frazboy] 24/2/2017 17:01

Yep, that may be largely true Gfrae but there aren't many sellers either but enough to gently massage the price down. I really do wish that DS would walk away, it would make the company so much more attractive.

[gfrae] 24/2/2017 16:36

The only buyer in town is DS.

[jmf69] 24/2/2017 15:48

A number of technical indicators point to a move up in the next week or so.All imo

[lauders] 24/2/2017 11:26

Unless it comes off bookbroker. Since commodities are the "hot thing" these days perhaps it may not be so crazy. Agree sticking to what you know is best though. THAL not exactly a news generating company!

[bookbroker] 24/2/2017 11:23

DS should stop wasting money chasing pointless investments in mining and property, what this co. does well at is in its main line of business, stick to that and you'll create value, Papua just a crazy idea!

[greenroom78] 24/2/2017 11:19

I think it is because the selling seems to be fairly exhausted. The RSI is as low as it has been since October and sells have been small in volume this week. I was of similar opinion and added back those I sliced in the 70s along with a few extra on Wednesday.

[jmf69] 24/2/2017 11:16

Got my mystic meg hat on

[lauders] 24/2/2017 11:12

Do you know something we don't JMF69? Is this a level II insight or something else per chance?

[jmf69] 24/2/2017 11:11

Getting ready for the next leg up

[cockerhoop] 23/2/2017 09:59

I do agree tiltonboy, I have a holding in LSR myself. I don't think THAL will lose loads on their (our) investment in LSR but the lack of corporate governance over a number of issues obscures the fact that WGP is a decent standalone business.

[cockerhoop] 23/2/2017 09:44

I think DS more likely to recycle it into a Papua New Guinea gold mine :-)

[greenroom78] 23/2/2017 09:38

Hope so, would be good to see a bit of cash flow to shareholders rather than just the buybacks.

[bookbroker] 23/2/2017 08:37

I think they will pass the cash back in some form of special dividend on the LSR stake!

[cockerhoop] 23/2/2017 08:26

Tiltonboy,

Looking forward to the announcement, have enjoyed the auctions.

Still a little work to do before DS approaches breakeven of on his investment with shareholder funds though isn't there? Doesn't appear to be a cunning masterplan?

[tiltonboy] 22/2/2017 22:19

LSR edging better as well. They have sold quite a few properties in auctions over the last week, and have sold a further four prior to tomorrow's auction. They have generally achieved prices modestly above guide price, but we need to find out how that equates to book. Should be a clarifying announcement next week.