Asiamet Resources Share Discussion Threads

[freddie ferret] 12/6/2017 16:22

A while back I said this would trade 4.4-6p for some months before jumping again, seems it has broken through the lower level today. I still expect it to break upward though I am not sure when. Good news currently seems to have little positive impact on the share price

[snickerdog] 12/6/2017 16:03

Clawing back losses, can it move any more? A flat finish would be good for sentiment

[dorset64] 12/6/2017 15:55

One gets the feeling far too many on here are trying to talk their own book.

[2lb] 12/6/2017 15:53

Its risky Mr R - not something I would attempt in any volume.

Looks like we have hit the buying price and 4.3 - great price for all those adding or entering

[mr roper] 12/6/2017 15:40

I wouldn't be surprised if there are a fair few more on here who quietly been unloading with the intention of picking them up cheaper. Fair play to them, they're only one or two runs away from buying at 50% higher if they don't get their timing right

[charles clore] 12/6/2017 15:21

Oh come on you sellers please don't stop, it's not reached 4p yet!!

[mattjwhity] 12/6/2017 14:37

I feel like I've opened up my junk email folder reading some of these posts

rofl

On more positive news and FACTUAL information and fundamentals related to this share..

Copper doing well holding above $2.60!!

[charles clore] 12/6/2017 14:30

If big sellers are trading out and buying back the price could go as low as 3.5p but I would go for 4p myself.

[2lb] 12/6/2017 14:06

In the past ARS has suffered from a number of holders who simply had the firepower to sell at one price, then buy back the same share cheaper , or more for the same net cost.

It's a slightly risky strategy but its effective if you don't get caught out by a big RNS.....

[cyberbub] 12/6/2017 14:05

If the company needs a couple of million quid I have no problem at the current £30M market cap. 50M shares at 4p would be neither here nor there IMO, it's part and parcel of development. I just hope they get on with it.NAI

[the manini] 12/6/2017 14:04

Buy at the top and sell at the bottom that's the way to make money lol

[mount teide] 12/6/2017 14:02

Following copper breaking out a near 20% fall in 6 trading days, by determined seller/s with the firepower to quickly get the price down.

The only questions left is will they try to take out the 3.7p March Low? If so, why?

[cyberbub] 12/6/2017 14:02

As Buffett said, when people are fearful it's time to buy, not sell...

[charles clore] 12/6/2017 14:01

Please feel free by all means if that is your wish. I will be picking up stock at sub 4p.

[red army] 12/6/2017 13:56

Time to get out?

[charles clore] 12/6/2017 13:30

I agree with you HG, think maybe a large PI is getting the jitters on delayed news and selling. Could even be a trader taking advantage of the news gap, selling high and buying low. Question is, how low will they go before the tide turns?

[highly geared] 12/6/2017 13:24

Fair point 2LB , holder's losing patience...

[2lb] 12/6/2017 13:22

Perhaps because pivotal news has been due any time for months and months.......

[highly geared] 12/6/2017 13:21

Would not rule anything out , with pivotal news due any time, why sell now?

[highly geared] 12/6/2017 13:18

Looks like a large position being unwound + some PI selling. There is perhaps a degree of frustration at where we are v deadlines previously stated on Beutong and BKM. We need the excellent drill results of the last 12 months to translste into meaningful PEA / feasibility metrics with timelines to production and the plan to finance. We need meat on the bones now.

[charles clore] 12/6/2017 13:17

Cyber - no but he would be able to say if there wasn't.

However, the way the price is dropping there is definitely something going on that would not be good for PIs to know.

[cyberbub] 12/6/2017 13:00

Er, would the broker be authorised to give their client inside information re. no placing planned?

[snickerdog] 12/6/2017 12:57

Far, far too cheap. I have an account with the broker and have checked - there is no raise. Ayesha is making that up to buy cheap and then sell again and then talk it down

[bsg] 12/6/2017 12:54

Be less than 4p.

[the manini] 12/6/2017 12:47

Ayesha why are you even here? To post on the bb of a company you're not invested in all the time is bizarre behaviour to say the least