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28-08-2017, 01:58 PM
#2761
Member
well bah humbug. After all that lead up. I'm feeling a tad disappointed that we didnt have a goldrush on our hands. But in all honesty I was only ever speculating here so I have to take the bad witih the good.
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28-08-2017, 01:59 PM
#2762
Member
I'll be taking up the offer as I've been wanting to buy more for a few weeks and i dont think its bad news as it pretty much sets up a new support level above the 2c oppies.
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28-08-2017, 02:01 PM
#2763
Member
Says I can get up to 15k of shares at 2.2c so I will take some of that
But I might put a buy now in at 2.1c now just in case
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28-08-2017, 02:03 PM
#2764
Member
Originally Posted by barleeni
How do we know how many shares are available? i.e. how can you calculate the effect of dilution if the share quantity on offer isn't valid. I see it is limited to $15,000 max per shareholder, but if every shareholder had on average $15,000 of shares then worst case scenario the share value could be diluted by 50% of course it wont....... just a hypothetical.
https://www.nzx.com/companies/NTL/announcements/305859
"About New Talisman Gold Mines Ltd
New Talisman Gold is a dual listed (NZSX & ASX: NTL) with over 2200 shareholders who are mainly from Australia and New Zealand."
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28-08-2017, 02:04 PM
#2765
Anyone that traded the November options recently just threw their cash in the bin
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28-08-2017, 02:04 PM
#2766
Originally Posted by Bluemanarc
Says I can get up to 15k of shares at 2.2c so I will take some of that
But I might put a buy now in at 2.1c now just in case
But don't forget the free options with the SPP
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28-08-2017, 02:05 PM
#2767
And now the fun begins.........market over-reacts. If it goes below 2.2c, well worth buying.
NTL Board are annoying, but they aren't stupid. THey are not going to announce this and let it fail. IMO (I will repeat, IMO), the good news will come before closing date such that it compels you to invest more. Well played NTL.
I guess this was always their plan - Gold fever has just been given a shot of Panadol!
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28-08-2017, 02:06 PM
#2768
Member
Well I imagine I will be able pick up $15k of shares on market for 2.2c or less before long! So I won't worry about the SPP
It all seems very dishonest to not issue the bonanza announcement by when they suggested they would (regardless of whether that is to be good or bad news). And then to follow up with this is...unless I understand incorrectly Mr Hill has effectively taken a massive dump on anyone buying shares in his company over the last week or so. I'm glad he managed to restructure his families shares just in time though...Probably a coincidence!
Time to cash out and vote green?...there's tourism in them there hills!
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28-08-2017, 02:11 PM
#2769
Banned
Originally Posted by barleeni
How do we know how many shares are available? i.e. how can you calculate the effect of dilution if the share quantity on offer isn't valid. I see it is limited to $15,000 max per shareholder, but if every shareholder had on average $15,000 of shares then worst case scenario the share value could be diluted by 50% of course it wont....... just a hypothetical.
DYOR on SPP rules than guess
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28-08-2017, 02:15 PM
#2770
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