Atalaya Mining Share Discussion Threads

[reba] 10/5/2017 13:43

If thats the case why can't we buy at 127.5 2p under

[waterloo01] 10/5/2017 13:22

Sounds about right to me. What it doesn't answer is why or who the seller/s are?

At a market cap under £150m we are trading at just over a PE of 3.

If they let us buy under £1.25 I shall take advantage.

[husbod] 10/5/2017 13:12

Post removed at the request of the AIM authorities as their response was not supposed to be for circulation. My apologies to them for that but I can see absolutely no reason why the posters on this site should not see the response of the people who are supposed to regulate AIM to a matter of specific and genuine concern to everyone here (other than lango and his three tickers).

I would ask what the point of a regulator is if their view on the matter should not be for public consumption. After all they are neutral and for the benefit of all investors on this market and are not representing some wronged party.

Anyway it is gratifying to learn that they obviously monitor advfn boards so will be aware of the views of people here particularly the concern that the seller is frequently selling below the bid price when the rest of us can achieve dummy sales at prices above the bid price for the same number of sells. This is of course the usual situation in that buys and sells are normally within the spread as there will always (or nearly always) be an mm offering or bidding outside the actual bid/offer prices. So why would anyone deliberately sell at a price below, on the face of it, what he could easily achieve?

Also they have not I believe dealt with the point about whether it is acceptable to the authorities for a seller to drip feed sells over a long period of time at or below the bid price. If it is acceptable then I am genuinely surprised.

They also do not give a name when they respond despite specifically being requested to do so - now is that transparency?. Everyone else I have ever dealt with does even if its only a first name!

Anyway, I'm going to leave it there for a moment. I have registered our concern, as has rouge, and I very much hope that subsequent events do not support our suspicions. Meanwhile the seller sails serenely on safe in the knowledge that he can do so.

[shortarm] 10/5/2017 12:28

I was offered 127.8 for 25,000How does he manage to sell 5k for less????

[husbod] 10/5/2017 12:26

And there goes the 5k at 2p below the bid price. Am I right to be upset lango or is it all in my imagination (and that of rouge/acamas/LLB etc)?

[acamas] 10/5/2017 11:20

polaxe,

I am tempted to say "in your dreams" but I will let time prove one of us nearer the inner

[poleaxe] 10/5/2017 10:33

Acamas - that's in the real world, this is the wild west, reckon it will be 150-160, just to give Liberty a return on their investment, the others will be sorted on the side with some sort of copper play.

[acamas] 10/5/2017 09:40

poleaxe


Of course they will have to pay at least around £2 per share otherwise the other big 3 will say no deal

[husbod] 10/5/2017 09:40

Lol lango (6868)

Rouge - you seem to be getting a more productive response than me. Hopefully you will be able to update us further shortly. Maybe the culprit has now been told to place all his shares hence the apparent oversupply this morning. But who knows.

[poleaxe] 10/5/2017 09:00

Of course rp. i am just wondering when Traf are going to make their move.

[rougepierre] 10/5/2017 08:48

You could be right there poleaxe but timing is everything...

[acamas] 10/5/2017 08:47

The MM's must have some shares to sell. They certainly are telling me they will only buy at 127p and are not to keen to be holders of these shares

[rougepierre] 10/5/2017 08:47

lango...have you ever had any dialogue with AIM regulation? Do you actually know what you're talking about? Ive been on an AIM regional Committee. I've also had several answered exchanges with them, one of which they engaged my broker in. This matter is currently being taken seriously by a market player withcserious clout, but I cant say anymore at present...

Youre very good at searching protest articles at BKY and generally talking shares down or dismissing others well meaning and or researched efforts. If you're going to post here, please at least look like you're a team player, not a whinger...

GLA

[poleaxe] 10/5/2017 08:39

Soon be time to top up.

[langostino] 09/5/2017 22:28

You out-ticked me Husbod, but you picked an easy target. No Rioja for that!

[waterloo01] 09/5/2017 18:07

That would all make sense accept.....we are tracking copper, Hopefully the figures will support us at a higher share price and slightly more inline with other copper producers.

[acamas] 09/5/2017 17:29

Husbod,

I do not see it as whinging more the Soothsayer from Julius Caesar "Investor beware Mr 5k stay away from his haunts" A fore telling of Scrooge and that which is yet to come unless Mr 5k changes we are doomed I tell ye

[husbod] 09/5/2017 17:17

Stop whinging acamas otherwise el prawno will have a go at you too. For the record lango I take my losses on AIM without whinging but this is such a clear case of market manipulation that I feel bound to raise it with the regulators. Its not completely laissez faire even on this market. What is depressing though is that you got three ticks for your post.

[acamas] 09/5/2017 16:34

Unless I cannot add up this stock has gone down 16p in the last 14/15 trading days. It does not take long to workout this is being massaged for somebodies benefit. Out will come the figures and up will go the price, and guess what Mr 5k will re-appear to take it down again. Groundhog Day is what we are facing I believe for the forthcoming months. Gosh I hope I am wrong!

[laurence llewelyn binliner] 09/5/2017 13:16

Frustrating Acamas, but it is an AIM stock and these are more driven by sentiment and trading trends, than fundamentals.., the fundamentals are that we are scaled up, making $50-60M EBITDA PA, with no corporation tax to pay for years with losses carried forward.., the tide will turn again soon and the next wave will happen..

Once we have a few Q's results on the board, investors can measure us against them, and at the moment we haven't posted a profit.., but that's about to change..!

[acamas] 09/5/2017 12:58

LLB,

If you are proved correct and this share is about to go north then I think the ceiling
lies somewhere close to 174p.

Just seems strange to myself that here is a company with a very low PEG expected to make 75 million euros between now and end of 2018 but struggles to have more bulls than bears. Everything that happens to the share and not The Company because there is a big difference in the two. Comes across to me as good company good prospects. Share on the other hand looks and acts like a dog

[langostino] 09/5/2017 12:45

AIM compliance regulators, or whatever you call them, are not remotely interested in whinging PIs inventing scenarios for why their speculative investments are not doing what their due diligence led them to believe would make them rich. This is AIM . A certain laissez faire attitude towards market supervision is what makes it the casino that it is and attractive to risk takers. Does anyone complain when their investment is 'manipulated' up? Perhaps when they get their first letter on that subject they will begin to look at their in-pile with more interest