Asiamet Resources Share Discussion Threads

[2lb] 24/10/2018 09:09

Exactly MT

His options (from memory) are set at 8p, 10p, 12p so why wouldn't you look at the chance to buy a couple of million at 6.5P as an amazing deal??

1) Inspires general confidence in the market
2) Locks away more shares for the longer term.
3) Sends a message to potential ii backers.
4) Shows belief that nothing has changed in the underlying story.

[mr roper] 24/10/2018 09:06

Ceo buying would be good to see as well.

[siovey] 24/10/2018 09:05

Are they trying to hammer t traders here by taking it back down to 5p? Hurting! Lol

[mount teide] 24/10/2018 09:02

2LB - 'looking to the CEO to add materially to his 118k shares in the open market.'

That would be a good call from Peter Bird - with his share options underwater - adding a material chunk via the open market to what he currently holds would be a smart move.

[2lb] 24/10/2018 09:01

At present Newcrest appear to be the most favoured suitor , certainly instead of parterning on Beutong, if I were them I would make a formal offer around the 25p mark for the lot.

Wouldn't rule out some sort of EMR realted activity over the next 6 months either...

[trigger blade] 24/10/2018 08:59

As it stands, I’d settle for getting back to break even, which seemed impossible only a week ago when I was comfortably in profit despite the drop from 14 to 10.

[charles clore] 24/10/2018 08:56

2LB - peanuts = a derisory figure compared to what we have been previously led to believe the company is worth

[arhaych] 24/10/2018 08:56

Would we be confident about staving off a 15p/share bid right now?

[2lb] 24/10/2018 08:53

You would need to define "peanuts" really CC.

Right now I am looking to the CEO to add materially to his 118k shares in the open market.

[charles clore] 24/10/2018 08:50

Im beginning to get a bit concerned about the possibility of a hostile bid. If the price continues to fall we could find the company taken from us by a Chinese major for peanuts imho

[tektonik] 24/10/2018 08:45

This is moving sharply on light trading action, I'm not really concerned, all we can do is sit tight for news or top up.

[charles clore] 24/10/2018 08:35

Well underwater now and the price action doesnt look good. Copper needs to recover and the bod needs to come clean for this to regain the confidence of the small investor

[tomoneyfox] 24/10/2018 08:31

https://twitter.com/asiamet_res_ars/status/1054994595375915009?s=21

[mount teide] 24/10/2018 08:30

L2: looks like a few shorters are trying to push the share price back down below the 6p area to give those that bought in or reloaded back around the 7.0p to 7.5p area and like to use stop losses a quick 15%-20% one week haircut to have a long hard think about - such is the market psychology of the shorter.

Smaller Hedge funds would't target small caps if it were not consistently profitable - they get their confidence from knowing that 99% of PI's are long only investors and many increasingly use leverage and stop losses - rough data for which is made publicly available via online spread bet and CFD service provider's websites.

It's why most small caps have numerous 15%-20% share price moves each year.

[highly geared] 24/10/2018 08:27

Sentiment has been severely damaged and the BoD need to articulate a clear and detailed plan around the 6 month programme for BKM, BK District and Beutong. They need to do it quickly as the story has gone off the rails ( for the moment).

[snickerdog] 24/10/2018 08:19

Agreed. Probably just some small time traders who don't understand the story

[zeusfurla] 24/10/2018 08:12

Persistent seller back this morning presumably decided to cash in last week's gains. Good buying opportunity.

[uapatel] 23/10/2018 18:06

Mr Roper,

Yes every now and then I shudder when GKP/Mr Kozels story is mentioned and the so called old hands that espoused their words of wisdom on GKP. Lesson truly learnt there. Healthy dose of scepticism is no bad thing when reading things on a BB.

Still here I am, lol.

Good luck all holders

[snickerdog] 23/10/2018 17:53

Pre-meditated plans my fat ARS :)BFS nearly there, Beutong in background and delivered lots there, KSK, copper price and team. All good for me.

[charles clore] 23/10/2018 17:38

Mr R - I still hold about 60% but until my confidence in the bod is restored I won't be buying any more, NO WAY

[mr roper] 23/10/2018 17:29

Charles, gkp was a great learning experience. Since then I have a high degree of scepticism of anyone who talks about knowledge of stuff that might influence sell off etc etc

[charles clore] 23/10/2018 17:16

Mr R - yes I know what you mean. Makes you feel like a rabbit in the headlights innit!