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Legman

2,177 Posts.

342

21/02/20

22:40

Post #: 43082920
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Originally posted by Pie-O-My: ↑

Yes, good suggestion Legman - I think it's wise to ask Tony about the company's raising of capital. That way in future, we can prevent unsubstantiated and mischievous posting as was the case with - the raise which was "imminent 3 months after the AGM", which was "imminent in January" which was also "imminent in December".

In my opinion the fact they haven't chosen to raise is because they know news is on the horizon, it's a vote of confidence. Will they raise again - of course. But I think the share price will be a lot higher.

As for yesterday's increased activity, good to see some green - but I don't know why you would expect a whole lot of excitement from posters. The share price was 14 cents, nothing to crow about. You'd think a big buyer was taking/increasing their position and a few smaller sellers taking some off the table when .0.135, 0.13, .... was available. Who knows?

Perhaps people may have come to the realization that I have - a big transaction has to happen first. If as reported LCK has placed a bid, even if they were unsuccessful in the acquisition - you'd think this would have to be reported in the proceeding Quarterly Report. How would the market see this? The fact that LCK has been able to access hundreds of millions of dollars in finance and place a bid on the largest fertilser operation in the country. Commercially, it would be the biggest achievement for ISG in Australia.

Legman - I have already placed $100 on your 66/1, could we do another side bet if they place a bid, but are unsuccessful? How about 33/1? I'm good for another $100.

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^ Why would anyone seeking an unbiased opinion ask Tony (Employee with sweat equity) hard questions?

I suggest that concerned holders speak with Phil Staveley (Director) instead.

pie, your suggestion that LCK has been able to access hundreds of millions of dollars in finance for a bid on @IPL's fertiliser business is laughable It is far more likely that LCK made a bid backed by 'the largest uncontracted...... yawn'.
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Open	High	Low	Value	Volume
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No.	Vol.	Price($)
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Ann: Half Year Accounts, page-20

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

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Ann: Half Year Accounts, page-20

Top Stories

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Featured News

Buyers (Bids)

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Featured News