In Hamilton on next Tuesday I will be going to a NZ shareholders association meeting. I have just joined two weeks ago. The guest speaker is from Sharesies. Currently I know nothing about them.
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Anyone heard how the SPP went or do we have to wait till Monday to find out?
For the first part of the SPP that closed 26/6, they announced and allotted shares 6 days later, on 2/7.
This time, they say they will allot 5 days after closing date, on Wednesday 24/7.
It will be interesting - I predict a large take-up.
When are we going to see the first gold??
PS Hello digger, I didn't know you were in NTL. I hope small shareholders can keep this company for its ultimate rewards.
I hope that for NZOG too, but I fear it will be a hard battle ahead.
Tomorrow "could be the headsup day " !!
I just looked at my bank account and I can see that my payment for the SPP has been reversed. I don’t think I stuffed it up and all was done on time and correctly I am sure. Possibly fully subscribed.
Well hopefully I started the upward trend today. I brought into the SPP at a small value but found a bit more disposable funds today so brought a few more to bring my average price down and it looks like a few followed suit. This whole Shareses equation adds a whole new level to the way in which this could go - small purchasers willing to buy 30 shares at whatever cost could move the price up nicely once we get over the .008 dump
Brain, that's strange, I haven't had the same thing. I hope it's some fixable mistake, for your sake. These SPP shares will be seen as a bargain in a while, I'm sure.
While the SP hasn't done much today, I'm (maybe over-optimistically) looking at the depth today and seeing buyers increasing and sellers decreasing. There are 1.2m for sale at 0.8, but then not a heck of a lot until 1.2c and not a huge amount there either.
Ltw, there are 33 buyers for 1.14m odd shares at 0.7c, an average of a mere 30k shares each. Could be the Sharesies effect?
Exciting times ahead, I think and hope!
Brian That is very strange, I would phone the company reg tomorrow and ask for an explaination, asking as well as you had complied if there is not any reason that the situation cannot be reversed, I would also speak to the company management about your problem, good luck .