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27/03/18
13:29
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Originally posted by Wild Cat
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RWA. I am just restating what the company is releasing in their announcements that "offtake negotiations and funding are well advanced".
And Brucey as you say " They will have to hang on to their newly issued shares though as there isn't much demand lately on the buy side as investors wait patiently for some news. "
That is the point, they will have to hang on to their newly issued shares until news".
Today is a day which re-affirms my decision to hold as another stock AVB, which I previously held for a number of years only to have given up at a substantial loss, has today announced a take over offer by OZL. It is up over 100%. Ouch!!!
That is how it works. Had I have been patient, I would have made my money back and more. A lesson that we can learn being so close to Offtakes and finance or LSE listing. Whichever comes first I don't know. That's it from me today. I am too depressed to post again.
GLTAH
Cheers
WC
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I sold COB in favor of holding DNK a few weeks before they announced their deal with LG.. I feel your pain. Not making the same mistake here.