Anglesey Mining Share Discussion Threads

[broken_arrow1] 28/11/2022 15:03

IG now want 2.7p for £5k worth and 2.75p for £7k worth - the current offer is 2.6p.

The wide spread tells you they do not want to deal.

[spacedust] 28/11/2022 14:59

So you agree market makers exist but in computer form? So you've changed your tune. As for losing money I never sell at a loss. I'll hold for yrs if need be. But slowly coming out of dogged aim shares and going heavily into ftse 100 250 companies.

Well done to those who sold at 11p. Proper pure geniuses sold then when price rose to 11p for absolutely no reason

[herpes free now] 28/11/2022 14:21

Market makers were replaced by computers, that’s the reason the trading pits closed

Educate yourself and you may lose less money, the dodo is extinct and the world is not flat. If you don’t believe me ask your teacher

[spacedust] 28/11/2022 14:03

I understand why you call yourself what you do. Enough said.

Some shares will spike 200% for no reason. That's what you call making a market. You obviously belive market makers are a myth like the lochness monster and simply do not exist. I can assure you that market makers do exist.

Most people belive market makers are not figments of imagination but they do exist.

Anyway scratch yourself mate

[herpes free now] 28/11/2022 13:44

I think “they” are a figment of your imagination. Share prices are not manually controlled by “they” (or market makers) share prices are determined by huge computers using extremely complex algorithms, get over it.

[spacedust] 28/11/2022 13:23

There you go. As I said they'll only let you buy if another distressed seller sells. Only then it would be possible to buy.

They are doing all they can to not make a market

[herpes free now] 28/11/2022 12:43

I can buy 100,000 for 2.496p

The bid is up 4.2% since the 226k sell

[broken_arrow1] 28/11/2022 12:33

Just one batch of 50,000 shares are available online with retail brokers or IG, a premium is being asked for anything more.

If they are taken it will move higher on the bid and offer.

[herpes free now] 28/11/2022 12:10

226k is only £5k against a market cap of £6m, a tiny amount. The important thing to note is it did not move the price because it’s too small a trade

[sos100] 28/11/2022 12:01

someone sold 226k @2.23

[herpes free now] 28/11/2022 11:30

Not huge volume, but buy volume is 9 times sell volume

[calmtrader] 28/11/2022 11:13

Yep you can definitely buy here..crazy cheap so silly to miss opportunity

[m1sterx] 28/11/2022 10:59

If retail wish to punish the potential forward sellers they simply need to press the buy button, the market makers are obligated to trade.

It is evident the price point of Anglesey is incorrect which is why they are placing obstacles in the road.

Problem is retail investors are a herd, the shrewd break away from the pack and buy whilst no-one else is looking.

[calmtrader] 28/11/2022 10:55

S/be able to. Which broker you using..they have to do a minimum of 30k at the offer

[broken_arrow1] 28/11/2022 10:44

IG now want 2.75p for just 50,000 shares, a large premium.

[silverspoon2009] 28/11/2022 09:53

Cannot buy a single share online, they really are a breed amongst themselves the market makers.

Basically, it tells you the share is priced incorrectly.

[pistolpete100] 28/11/2022 09:46

I think ultimately this should be a takeover target - and from that perspective funding should Be less of an issue - get permits and prove up resource - but i am slightly surprised at the lack of interest currently, defo out of fashion

[spacedust] 28/11/2022 09:27

2 trades so far on s7ch fantastic news reinforces what i stated in post. Infact since the previous great news there has barely been 10 trades

[spacedust] 28/11/2022 09:06

Basically mms qillnnotnallow you to buy unless you pay 3p to buy and sell is 2p. Disgrace. I see this happen to so many great shares. Soon it'll be only possible to buy if someone sells.

A puny sell of 10k shares will destroy the share price in a second and then you will be able to buy 10k shares. And it'll be like this forever.

What mms should do is spike the share price to 3p and then 5p and then you'll sell bonanza. But they refuse to do this

[m1sterx] 28/11/2022 08:40

For the uninitiated market size is 30,000 so the market has to trade that number at offer price, limit orders must be honoured until they move the offer up.

Folks rarely understand this aspect.

[broken_arrow1] 28/11/2022 08:32

Now only 10,000 shares on offer !

[spacedust] 28/11/2022 08:32

And there's not a soul on earth who can do anything about it. Mms are king of all kings

[m1sterx] 28/11/2022 08:27

The revelation they are funded for 12 months may have ruffled some feathers, the stock looks like it was being forward sold, could get interesting.

Market makers seem to be protecting their chums by not letting retail buyers in.

[broken_arrow1] 28/11/2022 08:23

50,000 shares on offer at full price then it moves up.