Asiamet Resources Share Discussion Threads

[adorling] 19/10/2018 16:49

Strength into the finish so a strong day given we were 20% down early doors so a 33% swing today. Time to switch off and enjoy the weekend!

[dorset64] 19/10/2018 16:46

Appreciate that post highpark, when back from Rome will send the BoD's a link to the site and tell them how much they owe us something hahaIf everyone did similar, you never know!

[waterloo01] 19/10/2018 16:40

Well that was an interesting week! Don't have a large holding but did manage to sell and re-buy to leave me on about break even. Still a salutatory lesson but an unusual sequence of events that ended up being badly handled.

[mount teide] 19/10/2018 16:32

L2 finished: 1 v 1 / 7.0p v 7.3p (rest on 7.5p or higher)

[europa79] 19/10/2018 16:28

Well, at least we're up today.

[mount teide] 19/10/2018 16:27

cc- 'I reckon some people sold lower and bought back higher but you won't hear those stories from them.'

To be fair, for those buying using leverage it does make it far more challenging to ride a price down and then back up again.

Hedge funds know this and exploit it mercilessly.

[zho] 19/10/2018 15:58

>>Partnership more likely is the beat on the street>>

Er, wasn't it you that said "Placing at and around 5p" yesterday?

[yorkie14] 19/10/2018 15:57

hxxps://www.proactive investors.co.uk/companies/news/207488/city-broker-reckons-asiamet-share-price-can-follow-same-path-as-solgold-207488.html

[zebbo] 19/10/2018 15:56

Looking good, traders have been in and out. I expect a drift upwards in the coming days. Still a bargain at todays price. Do not necessarily expect a fundraise. Partnership more likely is the beat on the street

[yorkie14] 19/10/2018 15:56

City brokers say that Asiamet can follow Solgold share price.

[...]

[snickerdog] 19/10/2018 15:50

Worth listening to again TM's enthusiasm for Beutong really shines through. Back to KSK though which really excites the market

[calum] 19/10/2018 15:22

ARS have just tweeted their podcast from yesterday! Not sure that was a good idea. lol
Justin Waite could have grilled them a bit more I would of thought. He is a shareholder - missed opportunity really.

[charles clore] 19/10/2018 14:57

MT - I reckon some people sold lower and bought back higher but you won't hear those stories from them. And I reckon there will be a bit more selling at 7p by traders. Interesting to watch.

[high park] 19/10/2018 14:51

Dorset64

Your wish can be realized by a company called PrimaryBid.com which offers new shares only to existing holders, both retail and institutional. ARS will be able to dictate the distribution.

This scheme was recently used by VRS. It is also much cheaper than a conventional placing.

[mount teide] 19/10/2018 14:30

70 million plus shares traded in the last 24 hrs - some new large position owners going by the size of many trades.

[mr roper] 19/10/2018 14:18

Took a bit at 6. Will wait now for placing.

[highly geared] 19/10/2018 13:49

One hell of a day trade or long term buy if you bought sub 5.5p first thing.
An over reaction first thing and possibly yesterday and showing a good recovery now the emotion has reduced and measured thinking has come to the fore.
Management have been hit hard and they will be very motivated to get BKM across the line. Remember, Tony Manini took a £ million hit on his shares yesterday...

[tektonik] 19/10/2018 13:45

Fortunately (or unfortunately!) my holding here is significantly larger than HZM. But yes, I've noticed a lot of these figure heads for companies on AIM desperately need PR courses.

[edjge2] 19/10/2018 13:36

had a bad vibe about this when declined with good news so did not add any.n Sofa time was firsty thing this a.m., mega discount. Long term perhaps OK and may whip back as posted above. Placing scare I suppose.

[mr roper] 19/10/2018 13:33

Tek, hzm have the same definition of "shortly" as the bod here. Hoping you don't get the same can kicking.

[tektonik] 19/10/2018 13:29

I thought about slicing some of my HZM holding to top up here first thing this morning when the price was beyond silly. Then remembered they have a BFS due shortly...praying for no more lightning!

[tektonik] 19/10/2018 13:25

A very hard kick SOS, can't be having this lack of transparency anymore going forward

[mr roper] 19/10/2018 13:22

Placing at 8p? Any thoughts?

[dorset64] 19/10/2018 13:16

You got any more sofa's you don't need LM lol

tektonik, I seriously do think any buys now will be good to burn in a couple of years with a nice hefty profit.

MT, thanks, and as you say, my anger towards them and everything I wrote yesterday remains valid, but this is am investment game to try and make money and, in the end, if I was happy to hold/buy at 10p, then why would anyone not buy right now at circa 7p. The assets are there and remain, and the only thing changing is they are to increase further.

I do however believe that the BoD's owe its shareholders and thus, the company owners a 'favour' or pay back, in the up coming cash raising/placing/whatever I really feel they either need to raise the funds at prices higher than todays prices, not a discount and/or find someway to open something up to current holders of shares, the very same ones they let down yesterday.

Doubt it can be done but they need to do something imo.