sharetrader
Page 968 of 972 FirstFirst ... 468868918958964965966967968969970971972 LastLast
Results 9,671 to 9,680 of 9715
  1. #9671
    Senior Member
    Join Date
    Jan 2003
    Location
    london, , United Kingdom.
    Posts
    1,366

    Default

    Quote Originally Posted by Paint it Black View Post
    Why do you say that? It is normal for the market SP to drop towards the offer price as holders will buy through the raise to avoid commission and as a holder why pay any more? Mining shares are speculative. One needs to be able to roll with the downside risk in order to potentially make a mint. If you can't afford a loss then best to stay clear.
    I say that because the price is at par even before the rights start trading.

    I will have a nibble at 0.015 cents. If it doesn't get there then I'm wrong about the flood of stock v demand equation.

  2. #9672
    Junior Member
    Join Date
    Dec 2009
    Posts
    20

    Default

    Rights Trading begins today I believe, but my broker [Jardens] shows no trades, nor any buyer or seller depth. I would have thought there would be at least some offers to either buy or sell Rights. Can anybody shed some light on this? Is anybody aware of any trades?

  3. #9673
    Senior Member
    Join Date
    Apr 2006
    Posts
    523

    Default

    Quote Originally Posted by sailor1 View Post
    Rights Trading begins today I believe, but my broker [Jardens] shows no trades, nor any buyer or seller depth. I would have thought there would be at least some offers to either buy or sell Rights. Can anybody shed some light on this? Is anybody aware of any trades?
    I'm the same as you with Jardens with no trades and somehow I'm allocated 10 times as many rights approx as shares on what I think is an old ticker. I thought the rights were meant to start trading yesterday. Maybe Jardens are behind the 8 ball?

  4. #9674
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    38,431

    Default

    NTLRG up and running but no depth yet

    Suppose brokers will catch on

    ASB allows you to place order
    Last edited by winner69; 10-07-2024 at 04:37 PM.
    At the top of every bubble, everyone is convinced it's not yet a bubble.

  5. #9675
    Guru
    Join Date
    May 2009
    Posts
    3,090

    Default

    Quote Originally Posted by Paint it Black View Post
    I'm the same as you with Jardens with no trades and somehow I'm allocated 10 times as many rights approx as shares on what I think is an old ticker. I thought the rights were meant to start trading yesterday. Maybe Jardens are behind the 8 ball?
    Hi PIB.
    The Rights Offer timetable is for entitlement notifications from tomorrow (11th). Why the rights trading date is the way it is, 2 days earlier, is a quirk of the listing rules as far as I can tell. The record date is today.

    John Upperton
    NTL Director

  6. #9676
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    5,409

    Default

    Quote Originally Posted by Toddy View Post
    I say that because the price is at par even before the rights start trading.

    I will have a nibble at 0.015 cents. If it doesn't get there then I'm wrong about the flood of stock v demand equation.
    I think it's different for those with no position or baggage to those who may come in later once the dust has settled.

    Those who have a stake probably heavily out of the money need to back it to have a chance of getting their money back or better, or potentially worse just to be balanced.

    The plant is key, hopefully it's in 'working' condition otherwise they are back to finding something else.

    With the concentration of Shareholding in the top 10 it's pretty likely they will have a successful capital raising I.e raise at least the $2M and I suspect possibly double that amount.

    Good luck to all, like Toddy I will continue to monitor.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  7. #9677
    Senior Member
    Join Date
    Apr 2006
    Posts
    523

    Default

    Quote Originally Posted by jonu View Post
    Hi PIB.
    The Rights Offer timetable is for entitlement notifications from tomorrow (11th). Why the rights trading date is the way it is, 2 days earlier, is a quirk of the listing rules as far as I can tell. The record date is today.

    John Upperton
    NTL Director
    Thanks Jonu. Will see what happens tomorrow with Jarden not that I intend to sell any!

  8. #9678
    Member
    Join Date
    Feb 2023
    Posts
    32

    Default Sharesies

    Quote Originally Posted by jonu View Post
    Hi PIB.
    The Rights Offer timetable is for entitlement notifications from tomorrow (11th). Why the rights trading date is the way it is, 2 days earlier, is a quirk of the listing rules as far as I can tell. The record date is today.

    John Upperton
    NTL Director
    Will Shareries be handling the above also?

  9. #9679
    Senior Member
    Join Date
    Oct 2013
    Posts
    739

    Default

    Quote Originally Posted by sandi View Post
    Will Shareries be handling the above also?
    Sharesies should be on top of it soon, I have a ticket open with them, my understanding is the rights will appear in our sharesies portfolio and give us ability to apply for them or trade them.

    the latest reply from the ticket 6pm last night:
    Thanks for reaching out! The team will be in touch with more detail about this once we've received the info we need



  10. #9680
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,589

    Default

    Quote Originally Posted by jonu View Post
    Hi PIB.
    The Rights Offer timetable is for entitlement notifications from tomorrow (11th). Why the rights trading date is the way it is, 2 days earlier, is a quirk of the listing rules as far as I can tell. The record date is today.

    John Upperton
    NTL Director
    John,

    As you do read these comments is there any chance of having an EGM, IMO one is necessary because of the uncertainity regarding all of the required conditions necessary to get ore out of the ground ?.

    From postershere there may be too many unanswered questions that need attention.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •