Re: Jim Mellon Took Another 1.6 Million ... Today's drop was on a volume of 40000 shares. Personally I wouldn't draw any conclusions from such a small turnover and don't agree with your comment that it means someone has lost confidence. I do however draw a very positive conclusion from Jim Mellons very large purchase.If people were to buy in at a similar price to Jim I would think that was a good investment decision.
Re: Jim Mellon Took Another 1.6 Million ... 5% sp drop today. Bit sudden and clearly someone has lost confidence. ???
Re: Jim Mellon Took Another 1.6 Million ... I admit to being a little worried for a while about Regent selling but this really is excellent news and a great vote of confidence in CNR by Jim Mellon.Happy
Re: Jim Mellon Took Another 1.6 Million ... Thanks for correction, was a bit early for me
Re: Jim Mellon Took Another 1.6 Million Shares Just correcting the header. Jim Mellons purchase of the Regent shares is excellent news. He has been in Condor from the start and this is a great vote of confidence by a Director buying the shares from one of his other companies Regent Pacific as they change their investment focus to biotech.
Jim Mellon Took Another 900,000 Director's DealingThe Company was informed on 12th January 2017 that Jim Mellon, a non-Executivedirector of Condor, made the following share purchases on 12th January 2017: Purchaser Number of Ordinary Shares Price paid Galloway Limited 845,000 48.5p Galloway Limited 396,000 50.5p Jim Mellon directly 395,998 50.5p Accordingly, Jim Mellon now owns a direct and indirect aggregate shareholdingof 2,858,040 Ordinary Shares or 5.40% of the Company's issued share capital.This represents a direct interest in 1,094,818 Ordinary Shares and an indirectinterest in 1,763,222 Ordinary Shares held through Galloway Limited. GallowayLimited is wholly owned by Burnbrae Group Limited which is, in turn, whollyowned by Jim Mellon.
It Was Regent Sold 2,340,276 shares and are now left with 1,636,998The interesting question is who bought them so would expect to see another RNS soon.A drop in the ocean but good to see MC buy 20,000 on the open market to take his stake to 7.49%
Stake building? Any views?
Re: Wheres my 45p Looking forward to your target so i can load upIll be happy at 30p
Re: Wheres my 45p Happy New Year Fred. Thanks for being the contrarian indicator and showing up at the exact bottom, which was 47p or so I think! We certainly had a nasty correction across the complex and my prediction for a bounce off 60p was clearly wrong. However, we look good to go now having made a double bottom off the downtrend.
Re: Peak Gold update Ballux to Zerohedge but a Happy & Prosperous 2017 to you ddd (and the rest of ya'all, too)
Peak Gold update [link] Christmas and a Happy New Year.
Wheres my 45p i can smell it, can you?This will no doubt be back to 15p soon, may have a dabble thenGood luck
Re: East West gold price disconnect The spread looks like it's down to $40 or so and from what I have seen in the past $30 looks 'normal'. Looks like could see $1140 in the West and maybe $1170 in the East. COMEX gold seems to be on the slide again. It's not surprising given the ongoing demand for physical in China and the 'business-as-usual' paper selling on the COMEX. [link]
East West gold price disconnect I've not seen the spread this wide before. Over $52 when I last looked.[link] arbitrage opportunity for sure but for how long? I can't see paper gold staying so low if China prices stick in the $1180s.