Holding just over 4m shares. 100% with you Digger
Printable View
Holding just over 4m shares. 100% with you Digger
4.4 mil. I'm in
"My 2 cents"
I would have been happy if Matt HILL was entitled and there was an announcement that he had brought up $1,000,000 worth of new shares in the shortfall... And I am all for management and employees having major stakes in companies of this nature..
But I hope there is another solution because I was really hoping the rights issue would be dead and buried well before the annual meeting and we would all be debating the proposal by AMER, production goals and Rahu on the back of a rising share price...
I am very impressed with the patience and loyalty by long term holders... The truth is the share price is going nowhere until the shortfall is resolved..
In short I support M HILL purchasing as many shares under the shortfall as he desires but I am against the process dragging out any further than it needs too
Thanks
Well I have got an update from Matt Hill. Looks like I should have asked him first before posting here.But good to get all your comments anyways.
Firstly the shortfall completed on Friday last so it is over and dusted. Any change to this would require a AGM remit and that would get complicated as the AGM date would have to be put back and that is just not going to happen.
While Directors could not take part in the shortfall it seems that associated companies and kin can [or so I am thinking]
In total there is a little more than 200 million shares locked up here which is double my holding so my interest in getting director skin on the table seems to be already achieved.
Thanks all for your support and comments.
Hope to see as many of you as possible at the AGM. Warning I am deaf so only just make out what is being said sometimes. Like displayed chart Management if you are reading
Cheers all and thanks again
Interesting today to see all the 0.006 sellers running fo the hills before 9.30 am . And then all sold, so onwards and upwards ...... I think some might have been selling at 0.006 and hoping to buy in the shortfall at 0.005 before fridays deadline. Now thats gone, no point in selling.
just a thought.....
I only meant that even with consents already granted new OSH rules are popping up everywhere right now and they don't care how many hoops you have already jumped through already. But maybe it won't be an issue.
I can't help but notice there are a lot of holders of this stock on this forum, even the usual negative nancies have bought in. I would like to get a feel of what you all think this stock could be worth in 6months and then 1year from now. Are you expecting to flick it off in the medium term, or hold for a longer haul?
Ta Hawkeye
My full shortfall allocation now showing on Computershare ....... a lot of "buys" now at .006 ...... bet they're wishing they'd bought last week!!
strong support for NTL today selling 0.8
https://www.nzx.com/companies/NTL/announcements/287377
market looking favourably on this ?
Seems to put a different spin on Directors/Board being able to buy into the shortfall. Allowing them to buy in at 0.5c seems a bit generous. I guess they would have to buy at market rates? Or else, are we all going to get another crack at them at 0.5c
I might have gone crazy. Just saw the earlier commentary about the shortfall, and the need for current shareholders approval required if they big chiefs wanted to invest more. Given the recent issue, then the subsequent shortfall were all issued at 0.5c, then I jumped to conclusion that they would want them at 0.5c too. With SP now above that, I want more too!
See today's announcement regarding the change of substantial shareholding. Could explain where some of the shortfall went.
A Perfect Storm now brewing for NTL.... in a Positive Way.
Two new Directors announced today.
And:
http://www.gold.org/supply-and-deman...-demand-trends
Note the significant growth in Gold as an investment; not the fickle jewellery market.
I see no end to short / medium term global money printing and low to negative interest rates. This could ramp up demand for physical gold.