Not anymore they don't - changed in May. https://map.nzx.com/static/forms/doc...ipant_FAQs.pdf
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Not anymore they don't - changed in May. https://map.nzx.com/static/forms/doc...ipant_FAQs.pdf
Ah - it appears I stand corrected. Apologies.
So the criteria is now just material information as assessed by the company? Seems a very low bar. No wonder we are getting more price sensitive announcements.
no I'm still hanging in there. But I did top up on SGC. A fool and their money are easily parted :) I really should stick with solid stocks instead of these speccie mining shares but I like to have a bit of the portfolio available for some speculation as it makes life a bit more interesting (especially if things take off) All I can say is thank god for HBL being my slow and steady rock. And finally deciding to jump on the ATM bandwagon has mitigated NTL.
Good on you - I currently hold 4mill NTL shares and am happy to hold and see what the future has in store. Must admit ATM has been fun lately.
NTLs SP behaviour should now track along with fundimentals. Management destroyed the traders plaything so they're long gone. It's unlikely they'll be back unless something major comes to the fore. SP is more likely to follow mining progress now.
SGC 'looks' good buying at the moment but again you're delving into a very speculative stock. Things can go very badly very quickly as you saw with NTL. These type of stocks are a great way to learn what not to do. Most satisfying when they go well but go in expecting to lose and keep your wits about you. There's a reason why many top posters on this forum don't play in the spec field.
Be sure to have clear definition between your trading and investing too. You don't want to be paying capital tax where you don't have to...
What we do not know about NTL is why the sudden SPP. We will not know until after the SPP shortfall is completed.
Going back before the SPP time we were told that NTL was fully funded until 2020 or there abouts. Suddenly then two things happened we had the SPP from out of the blue and suddenly we were buying Rahu. Why?? Is there some connection that we are not yet informed about. Is Newcrest or the Chinese firm about to take a stake in the company. If not then then I can see no reason for having the SPP and bother buying Rahu.
So in a nut shell I am lost and wait to hear the full story of why the SPP sudden explosion on us shareholders had to take place. Until this SPP is finally behind us the SP will go side ways. We need to stop raising money and start earning it through gold extraction.
Just over a week to go before SPP out of the way followed by positive announcements???? to get the November options taken up. .03c here we come? Picked up another 775K at .018 today.