ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ALTN Altyngold Plc

128.00
-1.00 (-0.78%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Altyngold Plc LSE:ALTN London Ordinary Share GB00BMH19X50 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.78% 128.00 127.00 129.00 125.00 124.00 124.00 8,247 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 62.04M 13.23M 0.4841 2.58 34.17M
Altyngold Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker ALTN. The last closing price for Altyngold was 129p. Over the last year, Altyngold shares have traded in a share price range of 80.00p to 136.00p.

Altyngold currently has 27,332,934 shares in issue. The market capitalisation of Altyngold is £34.17 million. Altyngold has a price to earnings ratio (PE ratio) of 2.58.

Altyngold Share Discussion Threads

Showing 13351 to 13375 of 13375 messages
Chat Pages: 535  534  533  532  531  530  529  528  527  526  525  524  Older
DateSubjectAuthorDiscuss
22/4/2024
11:58
PP, dominant shareholder say below 50% may be a safeguard, but near to 70% is a greater risk of game-over for the small shareholder as they could go for calling all the shots. In this sense ALTN is somewhat of a Curate's egg, a marmite investment. It's obviously a comfort to see the recent project expansion has been debt funded, but the end game seems unclear. Is it a Polymetal style exit or are we to go like Kemin and be a scrambled egg ? In the interim, one hopes we see dividend payments sooner rather than later.
golden prospect
22/4/2024
11:04
As much as majority shareholders may be considered a problem, its also a safeguard. Should any bidder arrive, they would have to have an agreed bid which would likely be higher than a hostile ifere there were a lot more shares in the market that could provide a hostile with a good percentage.
pensionplanner
22/4/2024
09:31
Excellence has bought another 7 shares tight ass
louie2010
22/4/2024
08:24
Maybe but I don't think at these share price levels in fact they've made every effort not to dilute for which I personally applaud the management
researchcentre123
22/4/2024
07:02
I think it is inevitable that dilution happens at a point where the majority holders want to mitigate some risk in exchange for necessary direct funding which will be hugely beneficial to all holders.
excellance
22/4/2024
06:46
I think the majority shareholder problem is not a problem for the majority shareholder. Do you honestly want them to dilute your shareholdings? That's their saving grace - that they haven't done that. Develop the mine then a trade sale is probably the best way.
researchcentre123
21/4/2024
23:47
I have said on numerous occasions that the solution to the majority shareholding problem is simply to dilute, and assuming TS gets the go ahead then that would be an ideal opportunity to dilute, however, I also think that TS is a large acreage for little Altyn to undertake by itself, so maybe some kind of corporate activity will address a few issues on one go?
excellance
21/4/2024
23:35
Your guessing try looking into some tea leaves is better option. I reckon there keeping it as why go to so much trouble when all cards are stacked in their favour. They got a plan and it's to make money one of the directors is a boffin in economics so obviously knows what makes lots of money.Just hope putin keeps his nose out is worse case scenario.
louie2010
21/4/2024
16:48
To reduce the majority shareholder issue, rather than JV, one option would be to raise capital to fund TS. Not great as the company is very undervalued, but then perhaps the most obvious way to remedy that would be to dilute them out. And that dilution will always be at a discount due to the risk it is intended to fix
leopoldalcox
20/4/2024
18:39
excellance, you mention risk on two factors but overlook the third one - dominant shareholder near 70%. For many the third factor will prevent serious money being committed and on this basis fund allocation is very speculative imo. but makes for interesting risk vs reward.
golden prospect
20/4/2024
15:08
I read share price should be 10 x what it is now so next update hopefully should be good and trading at 3quid by end of summer at least and next year 10quid and no one will buy this as to risky with Russia close by .
louie2010
19/4/2024
18:33
We need TS to be viable to mitigate single asset risk. Then there's single country risk to ponder.
excellance
19/4/2024
18:24
Little sniff from a major wouldn't hurt, doubt they would sell for much less than £10 ......
dofmeister
19/4/2024
15:38
Doesn't really make a difference, the management are in it for the long term so doubt they'll be taking any bids now - I am sure like you they realise a little work will 5x the value.....
researchcentre123
19/4/2024
14:27
Surely we want any bid to be later down the line, once at increased production and a higher share price so we can get better value!?
king suarez
19/4/2024
13:58
I've suggested to Polymetal they make a bid......
dofmeister
19/4/2024
13:22
I've written to them about it
researchcentre123
19/4/2024
13:17
When are we expecting financials for 2023?
trader465
19/4/2024
13:17
Why isn’t the news here not posted as RNS on ADVFN?
trader465
19/4/2024
08:59
Nice, sensible, measured rally going on here.........
chrisdgb
19/4/2024
08:58
Sad that humans that have the nearest genetic match to each other, still want to kill each other. So much similarity yet so far apart in humanity.
pensionplanner
19/4/2024
08:07
Israel attacked Iran Iraq and Syria last night, gold should get another leg up as we await the response.
excellance
17/4/2024
20:16
Average grade 2022 2.17 gt, 2023 2.08, last Q 2023 2.32, so on whatever metric your too light.......
dofmeister
17/4/2024
17:51
They are blending in some stock piles, presumably of lower grade material, so I think 2g per tonne is a reasonable expectation for this period.

Obviously the mine has to now prove itself but expectation leaves a massive margin to be exploited, conservatively I'm hoping for a three bagger from here, then add TS...

excellance
17/4/2024
16:44
"Grades should be 2.3 gt and more...!!"

We hope, but let's be prudent until proven? :)

king suarez
Chat Pages: 535  534  533  532  531  530  529  528  527  526  525  524  Older

Your Recent History

Delayed Upgrade Clock