Aminex Share Discussion Threads

[haggismchaggis] 16/5/2017 16:14

All the warrants exercised had an exercise price of Stg 1 pence per warrant. Accordingly, 167,561,032 new Ordinary Shares will be issued.The proceeds from the exercise of the warrants will be used for working capital purposes.167,561,032 x 1p = cash into AEX.

[blackgold00] 16/5/2017 16:11

they have to pay Aminex 1p each for them ?

[edgar222] 16/5/2017 16:08

"And £1.67m cash in Aminex's coffers."

Impvesta

Can you explain that? Have re-read the RNS and cannot see that.

[impvesta] 16/5/2017 15:53

"Nice deal for Argo. 5% extra shares in issue"

And £1.67m cash in Aminex's coffers.

[greyingsurfer] 16/5/2017 15:41

Nice deal for Argo. 5% extra shares in issue

[guyswonga74] 16/5/2017 13:06

Plenty of profit takers this morning. Afternoon rally?

[haggismchaggis] 16/5/2017 08:26

Not surprised after reading their last RNS. I said at the time, if I was holding them I'd sell and buy back in late 2018 post dilution, seems a few might have got the same idea.

[blackgold00] 16/5/2017 08:06

hur taking a hammering this morning

[edgar222] 15/5/2017 19:06

LT

Nice holding !

Thought I had a lot of these.

Hey Ho. I am only small fry compared to you.

[ngms27] 15/5/2017 18:12

LT, WTF?

I made it clear the AEX shares I sold to buy HUR were sold for circa 65p up from 52p and put back in AEX around 4.1p in my trading portfolio

That was an excellent trade.

I do however still have a large slug in HUR which I won't be selling until the liquidity event.

What I'm disgusted about is how the market can be manipulated in such a way, not the dent to my portfolio which won't matter as the true value of HUR will eventually out plus my 15p entry price still looks rather good for the long term portfolio :)

[last throw] 15/5/2017 18:06

Dunderheed

Not Big Balls but a very good sphincter muscle that's been very sorely tested over the years with dear old Aminex ......... metaphorically of course!!!!

Fwiw, given JB seems quite relaxed about consolidation as not being frantically urgent I believe we could see 10p before that takes place and, at that point, I shall be a very happy chappie!!!

LT

[haggismchaggis] 15/5/2017 17:10

As was demonstrated late last week, there is still an overhang present from PT selling 100m shares over a couple of months, with a decent chunk dumped as the MM's dropped the price below 4p to clear him out at a low price. Now the MM's are working the market to move that overhang along, as evidenced by them pinning the price just above 4p to attract bargain hunters whilst monitoring in case PT had any more to sell. The price moved up today as buyers obviously heard about NR saying N2 can actually hit 3x to 4x the rate in production, and that we will be looking for oil. The MM's have again pinned the price, just below 5p, to attract buyers and help clear the overhang. Once the overhang is cleared then the price will be free to follow supply and demand, in the meantime the price is being controlled by the MM's and IMO they are doing a good job of walking the price up, without getting too greedy or reckless. Another leg up tomorrow IMO.

[haggismchaggis] 15/5/2017 17:09

LT, LOL!! But don't forget that he always makes a profit on every trade he makes, and he always picks winners (said with tongue firmly in cheek as I look at the HUR drop I predicted on their last RNS).

[dunderheed] 15/5/2017 17:09

lt you've got around 18*10^6 of these?
Now that takes big balls!

[haggismchaggis] 15/5/2017 16:15

Mass exodus from HUR to AEX?

[tmmalik] 15/5/2017 15:38

Why people are buying higher than bid prices.If there is any update than RNS should come out.

[haggismchaggis] 15/5/2017 13:40

I love the smell of hydrocarbons in the morning! :-D

[slepy] 15/5/2017 12:19

Why? Does it smell of oil?

[haggismchaggis] 15/5/2017 12:14

If you can't smell the oil, best get some Sinex Nasal Spray :-D

[greyingsurfer] 15/5/2017 11:29

Well a shilling is a shilling - not to be messed with!

[slepy] 15/5/2017 10:56

That's some resistance at 5p!

[haggismchaggis] 15/5/2017 10:33

No ramping required, people can smell the oil :-D