European Metals Share Discussion Threads

[jovi1] 15/2/2017 21:57

Hope Aussie do well tonight I don't like the 400k traded at 65 after hours
Still in for the long run and this quick bounce provide excitement as a bonus
Good luck

[weller130] 15/2/2017 21:17

In theory it should get priced in at the £300m MC, then who knows from there...

[weller130] 15/2/2017 20:25

Definitely get an ISA!

[sambuca] 15/2/2017 19:57

Wassapper
I only really trade shares for a hobby I take a little profit and keep some freebies for my "pension" until now my pension portfolio only amassed to just over 26k so never really worried about tax side of things now this year I have had really good runs with paf,,sula,sun and emh which means I have made enough to pay cgt.
EMH has taken 3 months and numerous attempts to break 40p then in about 6 days is knocking on the door of 80p.
I have got 75000 shares still which at 72.5 p is enough to pay off my mortgage and most of the cgt that the sale would incur. (not something I really thought about until the figures say that I could.)
I am not rich but dont have any financial worries, love my job, happily married for over 30 years, emh at this price is just a bonus.
On saying that will see about an isa :-]

Sam

[banshee] 15/2/2017 19:11

A new use for lithium batteries :)

[wassapper] 15/2/2017 18:36

You pay tax? There are such things as SIPPs and ISAs!

[sambuca] 15/2/2017 17:35

I sold 25000 today at 72.5 I have been trading these but I cant trade to make profit as I am already in the realms of paying cgt on shares this year so to trade for profit EMH need to drop more than 18% or any gains would be lost to tax, so I can only trade to get free shares.

Sam

[the guardian] 15/2/2017 16:44

You just reminded me of a guy I used to work with who always spoke about himself in the third person. He would say things like "I suggest that Smith speak to the Chairman of the whatever committee" At this point, I would interject and say "But you are Smith and you are the Chairman of the committee." His reply would be that the conversation (with himself) needed to be correctly minuted.

[rafboy] 15/2/2017 14:20

Banshee, back in here and sent myself a memo to stay around a bit longer!

[banshee] 15/2/2017 14:13

Something similar once happened to me Cyfalafwr, but the bill came to $337k, luckily by the time it was discovered and rectified the shares had moved up 5%.

[luisfrg] 15/2/2017 14:02

That's cos be bought 1000 shares

[cyfalafwr] 15/2/2017 13:43

A friend of mine once wanted to buy £1000 worth of shares online . The shares were £14 each .He was a bit puzzled when the brokers sent him an invoice for £14000 !!

[cyfalafwr] 15/2/2017 13:36

Only teasing you mate.

[bookwormrobert] 15/2/2017 13:36

Sorry - brainfart! I meant 80p and 73p, of course.

[cyfalafwr] 15/2/2017 13:34

bookwormrobI sold out half my stake yesterday evening at 1.80 and bought back this morning at 1.73.

Its always good to lock in some profits.But 0.07p a share....lol

[equity growth] 15/2/2017 13:12

What do people guesstimate will be the size of the resource in terms of tonnage and % grades (if that's the correct expression) and gross value? Just curious to compare the values placed on different cos by the mkt.

[bookwormrobert] 15/2/2017 13:05

I admit it, I'm one of those evil traders. I sold out half my stake yesterday evening at 1.80 and bought back this morning at 1.73. I'm happy to have a few % more shares as a result. But now I'm wondering if I shouldn't buy more at this level. Because my guess is that, by the time the PFS is published, EMH's share price will be 120p-150p.

[runthejoules] 15/2/2017 12:56

I do find it strange, and thought it a tree-shake, but it hasn't recovered fast enough. It may partly be due to the failure to break 80 two mornings in a row, taken as a double-top by Chartists (which s what I should have done) - maybe there are just no more buyers. I should have stuck to my original plan not to try to trade this stock - the climbs have been deserving, and based on news, but just too fast and I shouldn't've trusted them. Still the best-placed lithium mine in the world with great prospects long-term.

[luisfrg] 15/2/2017 12:19

Up we go.....

[cyfalafwr] 15/2/2017 11:57

Support at 70p ?

[the guardian] 15/2/2017 11:45

Shares never go up in a straight line and I suspect that many investors were watching carefully for a pull back with the intention of selling and then buying back in. Let's see what this afternoon brings.

[weller130] 15/2/2017 11:37

Anyone else finding activity today a little strange? Still seems massively undervalued...