Anglo Asian Mining Share Discussion Threads

[terropol] 06/6/2018 16:34

If somebody got those at 4-5p may hyave been happy to take 90k+ profit....

Best I been quoted before close 46.48...
The 235k must have been take up and not in the market.

2sporrans, we are the big players in this stock....

[2sporrans] 06/6/2018 16:21

A decidedly big sell always niggles with me.
Does a big player know something we don't?

Brushed the idea aside and bought a few more; missed 45p but lucky to still bag 45.5p.

A market Cap. of $52-mn looks far too low, if you expect there's 10+ years of production, at around level of past 3 years.
The odds are very good now that there's plenty more years and at higher production but similar margin.

A sustainable dividend may do wonders in bringing out the value.

[mattjos] 06/6/2018 16:13

who ever took them will not have done so with a view on just trying to make tuppence on them

[jaspoland] 06/6/2018 15:53

No one sells 235k in a share like aaz in the hope they can buy them back cheaper. Almost impossible to buy that quantity now. More like they see other opportunities out there. Still onwards and upwards

[jaspoland] 06/6/2018 15:50

Well thanks to whoever decides to sell. Another top up for me too

[doc_oj] 06/6/2018 15:50

added a few! wish i had offloaded some in the mid 50's :)

[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.