African Min. Share Discussion Threads

[kirk 6] 05/11/2014 16:10

Where is the holding rns ?

[kirk 6] 05/11/2014 16:08

There is something going in though and it's about time we found out!!!

[nosnibord] 05/11/2014 16:01

There's one on every board. They are playing with pocket money. Who cares what they say!

[shimmysham12] 05/11/2014 15:53

10p by end of week. Big seller wanting out. Why are they selling?

Still looks like London mining. U gotta be brave and fairly stupid to be heavily in here. Priced at busted now.

I hold but have written the money off.

[earnestwipplethwaiteiii] 05/11/2014 12:51

old fool2 - it could as easily have been churning of the same shares over and over by MMs or players, to disguise their intentions. I'm afraid we will never know the answers, though that doesn't stop us conjecturing.

[earnestwipplethwaiteiii] 05/11/2014 12:48

warwick69 - I have no idea, but can you give a better explanation of why a parcel of 500 shares has been hitting the bid every minute, all morning, without fail?

[old fool2] 05/11/2014 12:34

I would love to know what happened on the following dates and who bought and sold and who's holding what at present. The average daily volume since January this year is 3,924,382 (1.182%)

shares is issue total = 331,920,000
Average daily volume = 3,924,382 (1.182%)

No of shares traded on 15/9 33,709,114 (10.15%)
“ “ “ “ “ 16/9 43,747,128 (13.17%)
“ “ “ “ “ 17/9 22,826,739 (6.87%)
“ “ “ “ “ 18/9 13,298,105 (4.00%)
“ “ “ “ “ 19/9 13,429,956 (4.05%)
“ “ “ “ “ 30/9 15,337,572 (4.62%)

42.88 % of the company's issued shares were traded in those 6 trading days.

[warwick69] 05/11/2014 12:22

Being fed by whom?

[earnestwipplethwaiteiii] 05/11/2014 11:46

Why on earth would they do it in 500 share increments then?
I believe it's shorts being fed shares to enable them to close.

[newswseller] 05/11/2014 11:36

Looks like a prearranged sale / transfer occurring, saw this on bowleven where JPM took a 10% stake

[sweepie2] 05/11/2014 09:20

Being jacked around again, come on get the Q3 update out

[stockriser] 05/11/2014 09:17

free stock charts from uk.advfn.com

[earnestwipplethwaiteiii] 05/11/2014 08:34

I can see them, they're all lined up - but someone has forgotten the starting pistol; 331 shares traded after 35 minutes trading today so far.

[sweepie2] 05/11/2014 06:37

Or the article is completely tosh and coming from that site it wouldn't surprise me, fingers crossed for some news in 24 minutes

[earnestwipplethwaiteiii] 05/11/2014 06:31

Very odd. It appears that's the extent of the article - no rationale, no further details. If 'punters' are 'lining up' to short at 14.5p then they must be very brave, or foolhardy, or both.

[jane downs] 05/11/2014 05:45

Keep an eye on African Minerals – traders report that punters are lining up to short the company
5 November, 2014

[cantrememberthis2] 04/11/2014 21:53

Well well well fellow AMI'ers

Anyone notice what happened on POG today

Even the hint of resolving their debt refinancing through external interests pushed share price within minutes to close 20% up.

AMI in a similar boat - even more convinced this is all down to risk and sentiment.

[jungmana] 04/11/2014 21:09

Robrah - good post

[hdb] 04/11/2014 20:50

Because it would take 22 dollars a tone to get to Canada ? Austria mines closer to china so AMI now thinking about how they supply to Europe They still have to supply china with an offtake agreement which is probably loss making right now at the current iron ore mix Need to wait to Q1 to get cleRer picture of progress

[newswseller] 04/11/2014 20:06

Why invest all that in a new mine when for much less you can have this one?