RE:RE:RE:Progress - better volume keen2know, I wasn't specifically dumping on you but it was the post I commented on. I could have hit Kabam or the Golden's or Wmaver for his lack of drilling theory. I just got fed up and you got hit. To your first question, yes, I believe that we are correct and basing our comments on sound evidence and not panic and conspiracy
"Im curious about such blind loyalty to Roger, he's spent a years suggesting that it's about to happen. and I disagree that him posting on Facebook is 'private'. Everything he posts in relation to LME ends up on public forums, there is physical proof EVERY time that he posts....
His account was previously very public and his posts were echoing the same excitement we all felt when we raced to $1+. Cynthia also tooted the horn about the price increase I believe there was an offer on the table at the time that fell through. Hopefully the Management Circular will go back far enough to prove that The biggest flaw in yours and others theory on why they post enthusiastic comments is that they don't get a benefit from the price going up or down. THEY ARE NOT GOING TO SELL SHARES UNTIL THE BUYOUT. Sure they would like to see a higher price but it doesn't affect the end game and no one is going to call for a management change at the next AGM (not that there's going to be one {and voting them out is the most juvenile thing posted}) Please no one be insulting and argue that. And actually if the price was lower then the buyout headline would be even better as the multiple would be higher!
"Also re the biggest LME fanboy there is, Matlas. Who after speaking directly to Roger was very unhappy. That says a lot."
Thought after his going into a cave I would have taken No. 1 Fanboy (tongue in cheek) but I guess I haven't posted as high of an estimated buyout price yet. As I understand their conversation (Matlas will surely DM me to correct me if I am wrong) he was saying that it needs to sell then and Roger was telling him it would sell when the time or price was right. He is still a very large shareholder and likely profited from the small portion of shares he sold and subsequently bought back. Unhappy he was, but a large shareholder he still is. He just doesn't have the patience to play Whack a mole with every itiotic idea posted (itiotic misspelled to get around the SH bad word police)
Everyone take a chill pill and make sure you have enough cash to carry you for a couple months and use the rest to buy more shares.
Cheers to Thanksgiving in the Bahamas I hope