Altyngold Share Discussion Threads

[outlawinvestor] 08/7/2020 09:28

Gold just a few cents shy of $1800 this morning. Aug futures scaled that marker yesterday.

All 3 MMs are still agreed on their 1.7p v 2.2p quotes (since Friday). There is a 1.9p bid order for 500K on the book at the moment but non-MM orders are often ephemeral in this share.

So there's still some interest in ALTN bonds in the secondary market. Someone is bidding for 100 bonds @ 100.6 but there are no offers on the book at the moment.
hxxps://market.aix.kz/details/ALTN.1222/market-depth

[nevgroom] 08/7/2020 09:28

09.27.51 - $1800 breached briefly :)

[highly geared] 08/7/2020 08:28

Gold on the cusp of $1800.

[tim000] 08/7/2020 08:26

Had some spare cash today, added 500k. Can't think of a better place to invest.

[tightfist] 08/7/2020 07:43

Hi ODR; yes, those 4x1m Sell trades were reported early yesterday morning BEFORE 8:40am. My interpretation was that they were delayed trades from a day or two previous. May help explain the current weakness? Otherwise, it appeared to be virtually all Buys yesterday. Cheers, tightfist

[stevea171] 07/7/2020 15:30

Tried a dummy sell. Can sell 500k at 1.89p. So the 500k's at 2.00p are buys???

It seems the MM's are screwing about with their prices again .....

[miguelh21] 07/7/2020 15:13

1800$ maybe today

[nevgroom] 07/7/2020 15:05

What's with these 500k trades at 2p of late?

In other news, Gold making a serious assault on $1790/oz

[onedayrodders] 07/7/2020 13:23

Were those first 4 x 1m trades delayed sells today .. would explain modest weakness towards the close yesterday

[tightfist] 07/7/2020 11:21

Until the 1.8961p trade printed.....

[brasso3] 07/7/2020 10:58

Seems like all buys here today at 2.07p and 2.09p.

[excellance] 07/7/2020 09:41

ECR looking lively today.

[tim000] 07/7/2020 07:43

HG, interesting research on M0 and pog. Bear in mind however that once economists all had access to computers, "data mining" (ie identification of spurious economic relationships) went through the roof. A bit like giving left-wing "academics" such as Priyamvada Gopal access to Twitter!

OT. Did anyone buy any AIS.ASX? Now my largest gold mine holding, followed by ALTN.

[red army] 06/7/2020 20:58

I do hope so.

[excellance] 06/7/2020 19:59

The more intelligent ones will be buying...

[red army] 06/7/2020 19:36

It's all part of the game in taking on board additional stock to sell on later. No doubt the more nervous investor will be selling in the morning.

[excellance] 06/7/2020 18:48

They are rotating stock, consolidating, from impatient hands to stronger ones.

[onedayrodders] 06/7/2020 18:25

Yeah wtf are they doing

[zooman] 06/7/2020 17:08

R, if they shake it much more it'll fall down. :-)Zoo

[red army] 06/7/2020 16:20

Market makers shaking the tree.

[mackie] 06/7/2020 15:14

All very odd today! I suspect we will see more early morning trades, reported late, before the day is.

[cyberbub] 06/7/2020 14:10

If gold hits $2000 this summer and we continue to ramp up production then personally I think 5p could be hit by the Q3 results... NAI