Anglo Asian Mining Share Discussion Threads

[celeritas] 06/6/2018 15:50

Anyone owning up?

Ive been done a few times on stocks over the years. Selling initially takes it down with the intention of buying back cheaper, others follow you but it never seems to hit the buy back price and before you know over the next few days its way above.

[crazycoops] 06/6/2018 15:43

I believe it is a matter of trade size versus NMS Matt. The larger it is in relation to NMS, the longer the MM has to report it. Makes sense really, otherwise they would struggle to make a market in illiquid smallcaps.

[mattjos] 06/6/2018 15:38

cannot see any conditions attaching to that 235k trade so, at the moment, looks to me like a real-time print

[crazycoops] 06/6/2018 15:33

Yes, it's very volatile fozzie because the shares are so illiquid with a very small free float (multiple PIs on this board own more than the 235k that was sold earlier, for example plus a large director holding). It took me ages to get comfortable with the share movements on AAZ but have used it to build a decent position over time. All well and good as long as the company keep delivering. Eventually, the share price will catch up with the intrinsic value.

[mattjos] 06/6/2018 15:31

added at 45p .. 235k sales is one of biggest single block sales I recall in over a year

[fozzie] 06/6/2018 15:23

20% approx off intraday high of last week, very volatile this one. Slightly surprised given all the positives that this can happen, hey ho I have added some more.

[crazycoops] 06/6/2018 15:20

No idea! It does show though that the MMs are keeping a flat book on AAZ, so any sustained buying will take us rapidly upwards. Still no updated note from share price Angel - sigh! Surely their days are numbered.

[jbe81] 06/6/2018 15:15

Great buying opportunity. Is that the end of the seller

[crazycoops] 06/6/2018 15:05

That will likely be delayed reporting which would explain yesterday's drop and the bargains available.

[sh0wmethemoney] 06/6/2018 14:58

235k sell gone though

[crazycoops] 06/6/2018 14:41

This one gives you all the main commodity prices on a single page (with a drill down option)

[mr roper] 06/6/2018 12:59

this one is realtime for HG - Copper futures
hxxps://www.investing.com/commodities/copper

[lefrene] 06/6/2018 12:59

That's a good one homebrewruss, I see copper is on the up again, not that you'd notice from the price action of Solg :¬(

[homebrewruss] 06/6/2018 12:43

or kitco for copper?

[mad foetus] 06/6/2018 11:46

The website is well out of date, corporate calendar is for 2016. I may well try to attend the AGM.

[henwii] 06/6/2018 11:44

Does anyone have a ticker for copper price, either by the lb or by the ton?

[fuji99] 06/6/2018 11:17

Interesting miner. Country stable, has a wide area to explore and makes a profit.
Could this be another KAZ ? In today.

[terropol] 06/6/2018 09:57

YASX, Are you going to make the AGM? 29th June.

[terropol] 06/6/2018 09:38

BASEM1, good trades at under 46p.

I wonder how much we produced in May, I Am guessing a strong month.

23 days to the AGM, there must be further market news before that.
It will be good if we get a number of investors there this year!!
29 June is the date, A time will be announced, It may be 11.00 and last year was held on Curzon st. (Mayfair).

[basem1] 06/6/2018 07:25

The chart has now "played out " after last nights 45.5p engineered close. Managed about 40,000 shares yesterday at under 46p. I would expect a move North today.

[ilostthelot] 05/6/2018 23:21

Thanks for the graph Matt.

[jeanesy] 05/6/2018 19:57

Looks like some of you grabbed another bargain today. Will another chance present itself soon ?

[11_percent] 05/6/2018 17:47

Interesting graph...cheers.