NTL - New Talisman Mine - New board & Directors

[Clints]

I would have thought a man of your experience would have known not to dabble with penny dreadful's mate. Its a funny thing, every five or so years one feels tempted to go back and have a flutter on something they know is more than likely to burn them, my very occasional weakness is visiting Sky City. A den on iniquity it surely is just like my Dad told me, but every five years or so I head in for a flutter to confirm you can't win, I know I won't win and probably at a core level don't in fact want to win but do it from time to time nonetheless...not sure why I do it...suppose others weakness is on poorly funded miners hoping to hit the jackpot just like I do at the Casino lol
Interesting thing, human psychology isn't it mate

This has really been my 1st flutter on the sharemarket - I purchase 4mill shares when they were 1.2 and I have to admit it has been entertaining, since that time (mid Jun) I have also picked up holdings in OCA, THL, MEL, ATM and PIL but nothing so far has come close the emotions generated by NTL. I know it could go either way but what a ride so far

[suse]

Well I'm all out now. Was only in for 5 weeks....1.8mill. Gone back to divi stocks. Made a loss but will put it down to a donation towards the good cause. Funny, made a similar loss with heritage gold about 16 year ago. Good luck to holders.

i have to admit I am thinking of quitting and taking the loss on the nose too (because as usual I came in at the top). I let myself get caught up in the hype and I definitely did not DYOR Only good thing is I decided not to throw more money at it and didnt participate in the SPP. I've also thrown a bit of money at SGC on the ASX as a punt but I feel somewhat more hopeful that i will see some profits on that sooner than I ever will on NTL. Yeah I should definitely stick to dividend stocks that I know and trust.

[Clints]

ASX and NZX now the same on 2.0 what do they know that we don't?

[blackcap]

ASX and NZX now the same on 2.0 what do they know that we don't?

Nothing at all. Just a silly trader on the ASX buying a measly $1,000 worth at 2 cents when he/she could have bought them in NZ. See the bid is at 1.8 and not many.

[Beagle]

This has really been my 1st flutter on the sharemarket - I purchase 4mill shares when they were 1.2 and I have to admit it has been entertaining, since that time (mid Jun) I have also picked up holdings in OCA, THL, MEL, ATM and PIL but nothing so far has come close the emotions generated by NTL. I know it could go either way but what a ride so far

Well done to you mate. What this highlights is that one's degree of fun is directly proportional to one's point of entry upon the rollercoaster ride ...and one's point of exit...

[cyclist]

Its a funny thing, every five or so years one feels tempted to go back and have a flutter on something they know is more than likely to burn them

Way off topic, but eating KFC is my version of this.

To those that are baling, seems a bit short term to me. I think the fundamentals are pretty sound, although I do wish they would stop throwing out random surprises.

[Clints]

And when they do throw them out, can they please have them proof read so they don't repeatedly look like muppets.

[Mbro]

Way off topic, but eating KFC is my version of this.

To those that are baling, seems a bit short term to me. I think the fundamentals are pretty sound, although I do wish they would stop throwing out random surprises.

Yes. Its a bit hard to see if they cared much for existing November option holders - anyone can now buy at 2.2 c with a 1/5th NTLOB option from the company, up till 5 weeks before expiry of my options with a similar redemption price. It will be interesting to see if these November options prove worthless, or at the minimum dearer than buying shares would have been. I imagine they have a plan, lol, I just wish I could see what it is. I would have thought raise money for buying and progressing Rahu in 6 months when some Talisman gold might have been sold, that would have brought in investment money better than this latest process- unless we are about to see 600 million shares, 23% stake, go to someone....

[Antipodean]

If the spp had never existed, and the rising sp had caused enough interest into full conversion of NTLOA - the current ~118 million options would have put almost $2.4m in the ntl coffers. Without causing issues for current heads or option holders.

Makes me again wonder if the spp could have been better timed.

[cammo]

I agree with Clints. Hard to see repeated errors in major releases to the market, when people that supposedly have a clue should be having a cursory glance over it before release to NZX:ASX, who should be also subsequently glancing over it to see if it makes sense.
Kind of makes a mockery of the whole thing.

Next thing they will be using txtspeak in announcements and using a possesive adjective in place of a contraction and we will know that the whole thing is really a big nz scam. Another good giveaway is that the facebook, linkedin and google+ links on their website dont work....has anybody checked that??

Company secretary needs to either go back to middle school or download grammarly or some other kind of software that translates neanderthal. It is actually starting to be embarrassing; recommending people look at investing and then some kind of garbled babble that gets redacted the next day comes out.