Anglo Asian Mining Share Discussion Threads

[jaspoland] 19/5/2015 21:07

If they decide to drop on results it will be short lived. We know results will be bad but recent news has been encouraging and with a little luck and a gold price moving up over the rest of this year we will see a share price over 10p soon enough.

[mattjos] 19/5/2015 20:39

Surely due a Holdings RNS soon to try and understand who is doing what.There are only 112m shares in the company and 32m are in Reza's hands, leaving 80m elsewhere. A 1m trade is at least 1.25% of the free float ... If John Sununu is staying put then each 1m trade is a minimum 1.45% of the free float.We'll all be the last to know who is doing what with whom. Arguably has absolutely no influence over the value of the business .. Unless the price is being deliberately tethered here by Cantor in loose agreement with the other MM's. But, all the time they fix this, they also have to make a market in the stock for everybody else & there seem a few other PI's who fancy some at this price.Will be interesting to see how they move it after the shuffle .. Rush it up to try and flush out sellers or, try and squeeze it lower to achieve same. A sharp drop on results is my guess of their tactic so, will await that morning

[brasso3] 19/5/2015 20:37

Nearly 2% of the company stock traded in 2 days after hours. Hmmm surely they must be close to triggering the 3% threshold if buys.

[mattjos] 19/5/2015 20:20

Another 1m at 6p late-reported

[aaples] 19/5/2015 14:07

Thanks Mattjos... Give HL credit they did get back to me earlier with a full explanation and the ISDX.com website details. Looks like about 80,000 shares bought (nett of sells) on the Icap exchange in last 2-3 days.

[mattjos] 19/5/2015 13:41

Try this:http://www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=17578

[aaples] 19/5/2015 12:30

I assume the same will go for sells as well!!

[aaples] 19/5/2015 12:30

Not all buys are being reported!!
I bought last Friday (trade not listed) - I bought this morning (trade not listed) apparently my broker (HL) used the ICAP securities and derivatives exchange and not the London Stock Exchange and as such we will never see the transaction!!! Another way of preventing the PI's from seeing the real picture I guess!!
Anyone know how to view these 'missing trades' on the ICAP exchange?

[mattjos] 19/5/2015 12:15

Baboon on a grape is great analogy :-)This set of results, I believe, should help ensure the market now looks beyond last year and firmly concentrates on events due this year and beyond

[brasso3] 19/5/2015 10:16

Final results due next week so maybe some additional news will be delivered.

[jbravo2] 19/5/2015 09:56

Yes it seems a little strange doesn't it wigwammer. I suppose they are doing it to make sure they keep the other MM's out of the equation. That way they can make sure they are matching all the buys with the selling for whoever they are working for.
As mattjos said, they'll run out eventually. The 1m last night was another big chunk out of it. So I'm not sure it's someone building a position, more someone leaving a position as PI's step in. Presumably the same seller as before but who knows. The only benefit it has is that at least we're getting more shares for our cash wigwammer.
Anyway, some things won't change and that includes the developments on the ground. Q3 for flotation and Gadir ore.

[celeritas] 19/5/2015 09:14

Been looking at cfep, they'll be containing it for a reason, probably someone is building a position. Now and again you'll see the trades ghost through, normally late in the day when they think eyes are off it.

[wigwammer] 19/5/2015 09:07

The mm here has the subtlety and finesse of a baboon sitting on a grape. Have they not considered that by raising the price as buys come in they may get more buying volume? Little point buying a share that will not be allowed to rise (though having said that I have bought in large quantity). Frustrating.

[brasso3] 19/5/2015 06:56

I think with QE4 looming in the USA, More EU QE inevitable in the EU and the Greek crises will be enough to send gold much higher this year.

[philo124] 19/5/2015 06:39

...within the next 5 years.

[brasso3] 19/5/2015 05:58

Terropol

Me too. Obviously for that to happen again we would need a similar rise in gold price ($1500 - $1800/ oz) but I do not think that is unrealistic either.

[terropol] 18/5/2015 23:47

Brasso3, I was there then...and I am here now...for the next 10 bagger!

[brasso3] 18/5/2015 21:27

Looking at the charts I cannot help but think that 2009 is about to repeat itself. In 2009 we had a step change in production and the debt got paid back very quickly. It would have been a 10 bagger for anyone getting in at the bottom then.

[hedgehog33] 18/5/2015 19:20

Looks like a buy to me...

I know electronically reported trades are sometimes fluid around mid price but they're asking 6.00 and 6.00 it was.. Hopefully.. LOL

[brasso3] 18/5/2015 18:53

Found it!

£60k not bad but was it a buy or is that the end of our seller?

Either way good news.

[hedgehog33] 18/5/2015 18:44

1,000,000 buy... shows up on LSE at 16.35pm.... someone 'in the know' possibly..

Tomorrow could be interesting.

[brasso3] 18/5/2015 18:25

I cannot see it on ADVFN?

[mattjos] 18/5/2015 17:22

Big trade after the bell

[mattjos] 18/5/2015 14:19

We seem almost invisibly under the radar at present.Let's see what gold does when Greece inevitably call a referendum re their 'red lines' on pay & pensions. I'd expect them to announce it early but try to defer the vote until after summer .. That will buy them yet more time but, raise the uncertainty across Europe for an extended period of time .. Another negotiating tactic in effect