SeaDragon

[biker]

I've now just come in. Were those your shares I bought at 1.8c, biker? Please elaborate on your assessment of 'security and quantity of supply' issues.

Two suppliers are better than one, and money talks. This is a growing industry and there's plenty of oil-rich Hoki out in them thar' seas.

I'll complete my research before deciding whether or not to buy more at 1.6c under their SPP. Does anybody know if the rights are tradeable?

BC

No, not mine. I got out yesterday at an average of just under 21c.

There are no rights. It's an SPP.

[ari]

If it OK for Tim Preston...https://www.nzx.com/files/attachments/186397.pdf

[ari]

https://www.nzx.com/files/attachments/187146.pdf
Got a bit of time over Xmas to make my mind up.......but it looks like all or nothing at this early stage.

[Harvey Specter]

..but it looks like all or nothing at this early stage.

Why do you say that. Nice opportunity to top up a little with no brokerage and (currently) a small discount.

[ari]

Why do you say that. Nice opportunity to top up a little with no brokerage and (currently) a small discount.

I am still sitting on negative value from previous companies before SEA and still attempting to claw my way out, by not taking max. offer it would just be further dilution of price.....or do I just move on and write off loss......as I said, I have some time, I think 24th Jan.

[Bobcat.]

do I just move on and write off loss......as I said, I have some time, I think 24th Jan.

I bought in last week at 1.8c to get a holding before the SPP's qualifying date (16th Dec), and after reading the SPP T'c and C's have this week sold out 90% of it (at 2c).

Planning to purchase the full $15k late January, stag half and hold the rest, buying and selling more on dips and peaks. That's my strategy - what's yours, Ari?

Their latest financial report arrived in the post earlier this week. Looks OK. Nice product and beginning to turn a profit.

BC

[ari]

Is anyone from the forum going to any of the meetings?

[iceman]

Is anyone from the forum going to any of the meetings?

Excuse my ignorance Ari as I haven't been following this lately while overseas, but what meetings are you talking about ?

[Bobcat.]

Is anyone from the forum going to any of the meetings?

I may get along to the Wellington meeting, but it's mainly a PR job to build confidence in their SPP, and since I've already decided to participate, if something else keeps me from the meeting, I won't be too bothered.

[Harvey Specter]

Excuse my ignorance Ari as I haven't been following this lately while overseas, but what meetings are you talking about ?

They are doing a roadshow for the SPP which is a bit weird, especially since they have already raised from instos. Cant complain about getting more info though.