I'm less concerned about the price of Gold remaining below $1200USD than I am about NTL's rights issue being a flop. There was virtually zero market interest in buying the rights on either the nzx or asx...and that's not a good sign.
BC
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I'm less concerned about the price of Gold remaining below $1200USD than I am about NTL's rights issue being a flop. There was virtually zero market interest in buying the rights on either the nzx or asx...and that's not a good sign.
BC
I think you'll find they did, but then the market price quickly dropped.
Pre-Chinese Deal flop and CR announcement: 1.5c
Soon after CR announcement: 0.8c
With dilution considered, I would've expected it to drop no further than to around 1cps. But it is what it is, and I suspect that the extension to Friday 6th has less to do with Queens Birthday weekend and more to do with the Directors hoping that the extra few days will bring in more capital.
Absolutely agree moosie as you have said multiple times. Any issue is a red flag for sp to head towards. They stated % discount in announcement.
Saw an interesting read on NTL http://www.proactiveinvestors.com.hk...w-zealand.html
They are currently up 10% to .9.
That appears very positive and shows pog not making any difference to NTL.
Blackcap out of interest just given your constantly down ramping are you an original heritage holder?
Can understand being bitter and twisted but NTL appear to be doing well.
Hi Epithermal, I am not down ramping if that is how it appears. I have had some shares in Heritage a long time ago and got out around the 5 cent mark. Call me an old cynic but when has this company "ever" delivered? So no not bitter and twisted just skeptical. As I have said before on this thread if memory serves, I hope they do well for current holders... just do not see it happening myself.
But saying that this stock is "up 10%" to .9 is meaningless. The bid offer/spread in itself is 10% and the volume of shares traded minimal.
Your an old cynic so it's all meaningless to the thread.
Seems you only jump on this thread to drop in negative comments on a stock you once held which appears pretty downrampy to me.
The rights shares have been allocated and are tradeable, but they haven't notified what they are doing with the extra applications yet. I applied for 500k more on top of my rights.From memory about the middle of the month they were to allocate the extras (if any).