Special Dividend The announcement today of a special divi should give the share price a "leg up" IMO... at the current exchange rate ($1 = 0.8 GBP), that is about 4p per share, giving a return ov over 8% on the current ask price. Nice!Starchaser2
what does the capital reduction mean.. ......for shareholders?tclr
Re: why is the SP going down? Gold price falling and looking like going back to $1060 -1100 area so im expecting these to plummet back to 20p
why is the SP going down? Gold price is up and holding pretty steadyDoes anyone know?tclr
Capital Reduction The company is proposing to apply to the courts to have $89m surplus capital released for distribution as dividends or similar...... It's supposed to leave the original shares untouched (I think).Does this explain the recent steady purchases of shares?Look at the TSB website for details.
Re: 57 and still moving Oops.Hopefully our big buyer(s) just taking a breather.
Re: 57 and still moving Kiss of death there fellaShould have kept it zipped lol
57 and still moving Good buying at regular intervals and the price rising about 10% per day.Hope she keeps going!
Re: Breaking even at last Given roughly 86% of the TSG shares are held by the URL fund or company management, the total free float on this is about 15 million shares, hence not a lot of of liquidity. It won't take much in the way of buying activity to push this share price up quite sharply - downside is it potentially comes down just as quick if people try and sell.Gus.
Re: On the turn... ? Always enjoyed reading gavster the gold bull posts,but he disappeared into the Bears jaws,I hope he is regurgitated
Re: On the turn... ? So what happened 2 years ago when you stopped postng Gavster? (Rhetorical question)
Re: Breaking even at last Never mind breaking even its breaking outHas been stuck in a trading range for 6 months looks like going to next resistance at 70p
Re: Breaking even at last Same here. Something is afoot..... Buys every few minutes and a steadily climbing price.
Breaking even at last It's only taken 5 years or sotclr
Re: Mmmm Gold has broke out again,I'm going in heavy here before she takes off