SVG

0.00%

2.4¢ savannah goldfields limited

BSM:03/05/19 Peter Wright Buy +1,000,000 @ $0.009 = $9,000...

First 672 Last

Share
Profile

Follow
dugsab

16,807 Posts.

2617

29/09/19

20:35

Post #: 40628983
Share

Originally posted by Shellbell: ↑

Hang on there, Dugsy. Lets keep this real and in perspective.

Yeah, the Cap Raise was exclusive to the BoD @ 0.003, but at that time, do you reckon to offer it to the minions would have raised the needed funds given the SP and that the minions were not privy to what was about to happen? Retail investors hate Cap Raises coz of the dilution but the Big Boys love 'em. We know (and I thought you accepted it, Dugsy) that this is what these guys do... line their pockets with lots of cheap shares. Hence, why I stated that I think a Cap Raise could be on the cards. So, nothing out of the ordinary in the small cap market that BIzz raised at the low. Unethical nonetheless, as far as I and others are concerned.

Secondly, Peter Wright did not sell into the "spike". He did sell (half his holding), BUT not into the spike. It was a month after the so-called spike. The run-up to the peak at 1.6c occurred mid-March to mid-April. PW sold at avg of 1c in early May after the drop following the spike.

I am not defending PW, just stating the facts. The way I see it, there are lots of games at play here. You should know that Shell ain't that gullible (these days).

PW also only bought $9k of BSM on-market shares at that time. However, I am sure that he probably needed to free up some funds to be able to partake in BSM's recent Con Note Cap Raise, yeah... as well as to take advantage of SYR's recent smackdown (as others did).

The main issue with LNY is the silence and the no Annual Report. If the AR doesn't materialise on Monday, now that is grounds for ASX reporting, is it not?

Expand

BSM:
03/05/19 Peter Wright Buy +1,000,000 @ $0.009 = $9,000 On-market trade.

LNY:
07/05/19 Peter Wright Sell -12,308,893 @ $0.011($129,338) On-market trade.

Peter Wright then commits to a BSM convertible note 6 weeks later @ 0.008 per note....remember

I assure you Shell I’m keeping it real...and in perspective.

LNY Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

HLX

Helix investor makes partial takeover bid, proposing board changes

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

There are more pages in this discussion • 8 more messages in this thread...

First 672 Last

Add SVG (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $6.746M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$320	13.33K

Buyers (Bids)

No.	Vol.	Price($)
1	29970	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	20621	1

View Market Depth

No.	Vol.	Price($)
1	29970	0.021
1	99320	0.020
1	200000	0.018
1	500000	0.010
1	100000	0.009

Price($)	Vol.	No.
0.027	20621	1
0.029	49438	1
0.030	232914	2
0.039	13751	1
0.040	100000	1

Last trade - 10.08am 30/08/2024 (20 minute delay)

SVG (ASX) Chart

BSM:03/05/19 Peter Wright Buy +1,000,000 @ $0.009 = $9,000...

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Helix investor makes partial takeover bid, proposing board changes

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Lendlease sells off US east coast construction operations in latest global divestment push

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

BSM:03/05/19 Peter Wright Buy +1,000,000 @ $0.009 = $9,000...

Top Stories

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Helix investor makes partial takeover bid, proposing board changes

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Lendlease sells off US east coast construction operations in latest global divestment push

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News