Anglo American Share Discussion Threads

[wad collector] 30/8/2016 09:00

"The terms of the transaction remain confidential"
Does this mean an embarrassingly low price?

[borg45] 29/8/2016 16:32

Link to Mine sale !!!

[balbains324] 29/8/2016 15:58

Foxleigh Coal Mine sold to Middlemount South. Let's see if this brings us gains in the morning.

[crazi] 25/8/2016 15:01

Good post. More interest in AAL assets. Definitely far from a firesale. They are getting good prices and will reduce the debt

[mjolnir69] 25/8/2016 07:00

South32, listed in Australia, London and South Africa, is looking at other uses for its cash, including two potential acquisitions, he said.

One of those is Anglo American PLC's minority stakes in its manganese operations. South32 expressed interest in the stakes earlier this year. Mr. Kerr wouldn't disclose the other ​business South32 is evaluating, although he said it was a smaller asset.

[au24] 24/8/2016 17:47

You can instruct your broker to NOT loan out your stock.

[anony mous] 23/8/2016 16:32

Whoooosh !

[anony mous] 23/8/2016 14:35

Recovering most of yesterdays drop.Still firmly in uptrend.

[balbains324] 23/8/2016 08:34

you will be surprised Wad...even a small percentage of shorts will have a massive influence on the share price due to the volume of shares traded per day. if they are selling into uncertainty it triggers stop loss and has a compound effect.

[wad collector] 22/8/2016 17:50

Shorts have stayed down at around 2% for the last 6 weeks , they can't have much influence on the price even if they all closed tomorrow. But bet they don't.

[anony mous] 22/8/2016 10:29

Shorts should make the most of this and close out.

[balbains324] 22/8/2016 10:06

Just topped up....more then balls deep in anglo now let's hope this is the last drop before the big push up.

[bigbigdave] 22/8/2016 10:06

JPMORGAN RAISES ANGLO AMERICAN PRICE TARGET TO 1,100 (1,050)P - 'OVERWEIGHT

[crazi] 22/8/2016 10:02

All news stories over the past week have been quite positive and yet we are 75 points down so far since last weeks 910 high - typical... Need some ALL news soon to stop this freefall.

Time to change house brokers to. Get some new motivation on board seeking investors. This mob have been hoovering up commissions and doing very little over the last 2 years...

[bigbigdave] 22/8/2016 09:56

Top up time.

[anony mous] 21/8/2016 22:07

Investors will look back next year at the share price being below 10.00 as a gift.

[balbains324] 19/8/2016 15:23

Just being shorted by Adage....don't worry tenner soon

[crazi] 19/8/2016 15:14

72% buying but down 2% in price... waste of time... i'm off back in the sea to cool off

[crazi] 19/8/2016 08:32

The flip side is the longer it takes the better the price they will get as prices recover...

The market placed a takeover target of 1600 in March '15. With the SA Government accumulating via their private investment sources I wonder if their intention is to make an offer before commodities recover too much... Every share they buy in this range is half price if they make an offer.

There is no selling pressure in this range. Just have to watch the shorts. The longer news takes the more tempted shorts will be to open. Ultimately they will get burned though as soon as news comes...

[balbains324] 18/8/2016 16:38

I'm under the impression it will go straight to £10 upon good news. if they drag this sale on any longer this will start creeping down.

[crazi] 18/8/2016 15:33

disappointing close yesterday and boring today. needs good news to get over 900 it seems. Low volumes so easily manipulated

[balbains324] 17/8/2016 15:24

my bad 2.05% as of 12th August

[balbains324] 17/8/2016 15:06

Shorts went up to 2.04% a couple of days ago. Today's trading shows buys outweigh the sells. I think this is going to flutter here for a moment before the big rise straight to 10