Post by
Bakocop on Oct 15, 2022 8:27pm
Insider buys bonds
Anu Dhir bought $12,000 of bonds. NOT stock! Interesting.
Comment by
slewfoot2 on Oct 15, 2022 10:38pm
well bacocop u might think that but in reelity, its telling u what they think of gibralter. c its quite simple.... the bonds are secured with florence asset.... there is a garanteed return... florence is 4 years from production so stock will lag and even drop more cus gibralter loses money asoecily at these copper prices . c how simple it is 2 understand... i know these tjings.... 4 sure..... nf
Comment by
nofluff on Oct 16, 2022 10:49am
How big of a discount bc?? Not a big buy for sure. nf
Comment by
Bakocop on Oct 16, 2022 1:15pm
Canadian Insider says price paid was $8.50. I assume that means $850 per $1000 bond. This would give a yield to maturity for a 3 year 7% bond of a little over 13%. I would buy but not available to U.S. investors except institutions.
Comment by
metalhead666 on Oct 16, 2022 3:20pm
Junk bond. nofluff bought 237 million $ worth for sure.
Comment by
nofluff on Oct 16, 2022 4:15pm
Ur quite good at math bc. A hi profile tko guy spends 12 g to make 15 hundred dollars in 3 years. Ja gotta b kiddin me. Things not looking good tko way. nf