Atalaya Mining Share Discussion Threads

[sporazene2] 01/4/2022 08:50

that felt like a bit of a gift horse and hopefully back to £4 pretty soon. Will be looking out for TR1's

[qs99] 01/4/2022 08:49

May end up blue on the day, who would have thunk it?!

[qs99] 01/4/2022 08:34

So looks like £4 may come sooner rather than later then if can't buy anything! GLA/DYOR

[qs99] 01/4/2022 08:27

Gekks thanks mate, really interesting read, sort of says it all and reckon they have been fleeced by MMs for a c.20%+ discount to the market price yesterday to get it away....DYOR and IMO, and happy to take that 20% and bank it in a day! Pays for a holiday....GLA

cheers
QS99

[zangdook] 01/4/2022 08:22

They might have waited a week for ISA season 👺

[gekks] 01/4/2022 08:18

Anyone buying now is getting a stonking yield , and Yanggu Xiangguang look to need the money -

[qs99] 01/4/2022 08:16

ALready in profit....come on, back to over £4 please!

[qs99] 01/4/2022 08:12

IMO they will get this away maybe around £3.20-30 range, and MMs will walk it back up to £4....as a prediction...DYOR! GLA

[qs99] 01/4/2022 08:11

Lovely job, just picked up a shed load ......DYOR

[sporazene2] 01/4/2022 07:10

can I have some more at 320p please?

[zangdook] 01/4/2022 01:30

poleaxe - thanks, me too. I hadn't noticed. I wonder if someone had been complaining - I let it drop.

[slsastin] 31/3/2022 21:08

Well that adds some short-term uncertainty to the share price How much of a buying opportunity will we PIs get?
Combined with the energy cost uncertainties flagged at last presentation, I guess there could be a good time to buy as this plays out. Certainly for anyone with a time horizon more than a year.

[waterloo01] 31/3/2022 17:30

New buyers around now as it pays a good divi

[robmcelf2] 31/3/2022 17:28

As soon as Harry Liu stepped down I wondered if this would happen. Same deal as before with a previous big stakeholder getting out although this seems a bit more orderly. XGC were reported to be in some financial trouble as they couldn't get lines of credit recently. Hopefully not too big a discount and with copper price so high that will help

[waterloo01] 31/3/2022 17:25

Yes. much more orderly. Will be a discount, just how much we'll find out

[jwafc] 31/3/2022 17:22

Is this the usual way these sort of disposals happen? Anyone know what we can expect from the sp?

[waterloo01] 31/3/2022 17:05

Dividend and mining funds will take the majority I would expect.

[sporazene2] 31/3/2022 16:59

Will be interesting to see who picks their stake up, a bit more liquidity will certainly help but agreed dont want the quick turnover.

[king suarez] 31/3/2022 16:54

Yes, let us hope not a distressed seller and the 'transfer' can be conducted at fair market price so there is not a lot of immediate profit taking from the new institutions..

[qs99] 31/3/2022 16:52

Well that explains the current weakness IMO!

DYOR

[poleaxe] 30/3/2022 23:54

zangdook - IG have just credited to my account the 20% tax they deducted from the Dec. dividend.

[scrwal] 30/3/2022 12:44

Thanks for that - I have a few shares with divs paid in foreign currency with no elections where I win and lose depending on the rate used.

The only gripe I have with ii is that they now credit the divi later than the payment date which has only occurred in the last 7/8 months and affects any FTSE100/250 etc holding.

[glavey] 30/3/2022 02:41

FWIW, ii paid the last divi in full (no deduction) however it was served up in the primary currency (USD) where held in a trading a/c but automatically converted by ii to GBP for ISA holdings. Hence anyone with a ii trading (non-ISA) account who wanted a GBP credit would have to undertake an FX transaction at ii's rates themselves.

The two aspects may seem to amount to one and the same, but they aren't quite. When ii convert the divi for ISA holdings they do so on a consolidated basis which may provide for slightly slimmer FX fees. There would also be a timing issue for individual conversions during which the exchange rate would vary.