Recent content by JTLP

Challenger Cap Raising. I felt like they did one not long ago? Or am I thinking someone else.

It’s been answered by 2 respected members, so hope that helps. IMO apart from that glitch where they got crushed, they’ve been very conservative in their profit announcements and seem to be a well oiled machine.

Price is currently 34% above offer price of $12.50. Looking very attractive now. Will be tipping in a few K to get the new shares. Anticipating it’ll get scaled back massively.

Welp. Sold out too early.

Out today as well. Proceeds to go to CCP if it holds above the SPP.

I’d be filthy if I’d bought shred post demerger and then they slap a cap raising on. Wouldn’t this have been flagged in the pro forma docs?

Just as suspected...mr market didn’t the announcement. It’s pretty crap TBH and to me it still makes no sense.

Saw this: https://www.alacergold.com/docs/default-source/press-releases/2020-05-11-ssr-asr-moe-for-sedar-final.pdf?sfvrsn=2 At $8.19 CAD per share, it’s basically at fair value now? Not sure why they’re doing this. Not a fan (even if they say it’s for diversification).

Scratch that. Would have said takeover in that case I presume. Sigh.

Trading Halt. Significant M&A. Hopefully it’s someone offering up some decent coin for Alacer and not like the last time we had an ill fated “merger of equals”.

Price actually gapped up more than I thought. May potentially buy in the SPP if it sits a fair margin above the price.

It’s very hard to make sense of the future. There’s a few “may” “ifs” and “buts” scattered throughout the doc. Key things for me: - Collection rates have dropped as people can’t obviously service their ability to repay - Once government stimulus finishes they may be in a worse predicament to...

CCP tapping investors for funds. What better time than the present? I’m a little perplexed (haven’t read the announcement / update in great detail) so will need to have a good read and decide what’s par for the course.

Thanks for the info. Always handy to have this at hand when assessing investments. Whilst the US may be a headwind, it’s not a huge part of their operation and whilst it would dent earnings, so long as Australia is ok then I’m comfortable.

Would have thought a lot of the contracts and disruptions were out of the respective parties control, thus meaning they can’t be sued.