| Latest Forum Topics / Shen Yao Last:0.002 -- |
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ThinkEnv name change to Liongold Corp
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GuavaXF30
Elite |
03-Jul-2014 09:56
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I run road already. Immediately after reading they call for rights issue.
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wesely2k
Master |
03-Jul-2014 09:31
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DEAD liao........still long.!!!! |
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Isolator
Supreme |
03-Jul-2014 09:10
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Long long now.... Enjoy... | ||||
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richinsperm
Member |
03-Jul-2014 08:54
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cheong??!?! |
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ronleech
Elite |
03-Jul-2014 08:50
Yells: "Believe in yourself. Ride with the waves......" |
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This is old news which caused this counter to to dive from 0.1 to 0.086.... same content perhaps? Funding would have been from mother company not subsidary... Same news? |
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GuavaXF30
Elite |
03-Jul-2014 08:01
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There is also an article in today' s BT. If accurate, it' s definitely not good news. Funding problems also. Which is why  Liongold is  proposing rights and warrants. To pump into Australia subsidiary. Probably Bolivia too.
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GuavaXF30
Elite |
03-Jul-2014 07:47
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Australian subsidary suspended from trading in Australia due to inability to finalise annual report. Not what I would call good news I' m afraid. http://infopub.sgx.com/FileOpen/Regulatory_Announcement_by_%20Signature_Metals_Limited.ashx?App=Announcement& FileID=303870
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warrenbegger
Elite |
03-Jul-2014 02:11
Yells: "Anyhow Buy Anyhow Die ^_^" |
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LOL!!   You know i know la..  
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Intrinsic
Member |
03-Jul-2014 01:07
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Its good news? I dont knowhow to see ASX news can share with us bro? What i saw was Liongold sister company suspended from trading.... zzzz
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Isolator
Supreme |
03-Jul-2014 00:10
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Enjoy.... | ||||
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warrenbegger
Elite |
02-Jul-2014 23:18
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Got good news.. ASX got release something, like what brotherhood helping each other..    
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Intrinsic
Member |
02-Jul-2014 17:18
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Blumont up but Liongold cant catch up leh... whats happening?   |
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Isolator
Supreme |
02-Jul-2014 15:35
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Don't need wait..... Long now.....enjoy.. | ||||
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wesely2k
Master |
02-Jul-2014 15:32
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Short...Panic...Suffer...
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wesely2k
Master |
02-Jul-2014 15:30
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KNS......so now wait for what ? |
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Isolator
Supreme |
02-Jul-2014 15:29
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Long... Relax... Enjoy... | ||||
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worldpol
Member |
02-Jul-2014 14:08
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NO underwriter????   That clearly shows one thing....Hahaha......The directors are confident it will be fully subscribed.   All yours is theory but lets be practical in this world.  
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Intrinsic
Member |
02-Jul-2014 13:55
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Likewise, if theres no underwriter, directors do not undertake the obligation to buy up unsubscribed rights, it is hard for me to believe that there is much upside potential before the conclusion of the CPIB investigations....
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Demostation
Supreme |
02-Jul-2014 11:57
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When an issue is fully or oversubscribed, it shows that they the subscribers are confident of the company doing well in the near of longer term and therefore invested for future growth.   It could also signal that the issue price is cheap. Some subscribers are doing it for short term speculation. For renounceble rights, shareholders who don' t want to subscribe are given an " escape" route by selling off their nil-paid entitlements.    |
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Demostation
Supreme |
02-Jul-2014 11:46
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This is a renouceable rights issue, so it means shareholders can choose not to subscribe if they so desired. IMO, usually rights shares do dilute holdings of every shareholder.   Whether it will depress a stock' s price will depend on the purpose of the rights issue, whether just to pay debts or to use for acquisition and new business expansion, or a combination of all of the purposes. It is common for rights issues not to be underwritten, but some companies don' t like to pay for the underwriting which could be costly, so they may not look for an underwriter.   Unless a company has no confidence that an issue will be reasonably subscribed, it normally will seek the services of an underwriter to guarantee its full subscription. So many factors are considered whether a company should seek underwriting or not.
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