Iofina Share Discussion Threads

[tsmith2] 09/1/2014 08:36

Had it confirmed, dirs in London, presenting later this month

[freshvoice] 08/1/2014 23:53

Treat dailyhealthpost reports with caution.

[iof multibagger] 08/1/2014 23:42

Looking very good captain another candle formed today very bullish sign 1.13p
is key if this gets broken there will be a big rise with more shorts closing at
above that price as they scramble to get out..

Great news flow to come so the recepie for a big rise is looming

Still feel lucky punk.

[festario] 08/1/2014 23:18

Article here on the vital use of Iodine in breast cancer treatment AND avoidance!

hxxp://dailyhealthpost.com/iodine-can-help-prevent-and-even-treat-breast-cancer/

[madchick] 08/1/2014 21:50

LOL.

I believe my Christmas card from VOG is imminent.

SXX are still awaiting permission to send theirs.

RUR's card is one that's capable of hearing and listing.

[monkeymagic3] 08/1/2014 21:44

SuperG - hilarious!

[broncowarrior] 08/1/2014 21:03

Often people but a token share or shares to get on the register so they can go to the general meeting. When is the next?

[kevlar131] 08/1/2014 20:51

could be transfer to charity

[madchick] 08/1/2014 14:56

frog - thanks for your posts. I was just about to say that I've had orders filled in the past in tranches, so I can see that the little amounts may be for orders filled like that. I pay just one transaction fee whether it's done in one go or in tranches. Sometimes it's annoying because I want to buy or sell more but only part of it gets filled and then I'm lumbered with the higher trading cost for relatively few shares.

[frog1] 08/1/2014 14:11

beercapafn

Advantage is that you place an order to buy at the bid or just above. The bids at the same price appear in time order, as they get filled you move up. As people sell at the bid or below, your order gets filled i.e. you buy at the bid so save the spread. When you sell the reverse is true so you can sell at the offer. The other thing, if you place a buy above the current bid, you actually move the price everyone sees up. Similarly if you place a sell below the offer you move it down. Dealing costs are a bit higher ( it costs for the total deal and then a smaller cost for each transaction in it, so the more individual transactions to fill your deal the more expensive it is). You can only get partially filled if the price moves before your order has been filled. Depending on how liquid the stock is, it can be much cheaper than through a market maker but is more hassle. The market maker has DMA on you behalf. It's a bit like buying furniture you put together yourself compared to ready assembled. With DMA, you act like a market maker for yourself.

Please note I have never dealt AIM stocks this way so I'm not sure it's available to retail investors on AIM. I used to deal many main market stocks this way through iDealing, but I'm not very active now so tend to take the no hassle route. iDealing will ask you to prove you are an 'experienced' investor before giving you DMA access. If you've been with them a while and traded various stuff or can prove you have a spread betting account then its no problem. I don't know which of the other brokers provide DMA, but there must be some.

By the way, your DMA trades show as the AT trades people go on and on about. Every AT trade is through the book and is both a buy and sell at the price shown but does not go through an MM, although MMs can do AT trades. Trades done between retail investors and MM's will be shown as O trades. MM's then either sell to other reatail investors (O trdes), MM's or can buy and sell through the order book (AT trades) to balance the amount of stock they hold.

[beercapafn] 08/1/2014 13:40

Thanks Frog. I need to look into the DMA thing.

Does anyone on this forum use DMA please, and willing to share benefits or drawbacks.

TIA

[frog1] 08/1/2014 12:48

1 way small trades happen - If you have Direct Market Access (DMA - iDealing provide this to retail investors) you place a trade directly on the book. So if someone places a trade to sell 1000, it appears on level 2. As the price moves there may be multiple offers to buy at the price of say 333 shares and 666 shares. These will get filled leaving 1 share to sell. Someone comes along to buy 1000 shares above the price that the sell went on, their first buy will be for 1 share then the rest get filled in order upto 1000. The person who put the original sell order in will have sold 3 batches - 333, 666 and 1 share. The selling cost they pay will be for putting the first sell on, then small percentages for the rest so the cost of the 1 share sale is near zero. The person buying the last share available will have multiple transactions including a buy of 1 share.

[bogg1e] 08/1/2014 12:47

fresh i agree with you. The problem is trying to work out what they mean, if code were used between brokers/dealers it isn't going to be a standard code, ie the same number will mean different things to different brokers. Its a fruitless game of guessology.

[boo 2 goose] 08/1/2014 12:39

buy SOLG ahead or resource's update

[freshvoice] 08/1/2014 12:29

I am not sure I agree with the simple explanation. No individual would trade 1 2 or 3 shares because of Commision charges. So it must be market makers. When you are dealing in large trade why put a single share through? To see what price it goes to or to give a nudge to another person watching?
Seems very smoke and mirrors to me?

[superg1] 08/1/2014 12:07

Jb

I did have a look, that's the one aspect that was missing, sustainability so it will be interesting what that resource amounts to.

OT

Did anyone get an xmas card from FUM. I just got one today, unsurprisingly it's later than anticipated.

Got one from IOF too, but it says happy birthday, with a xmas tree on the front. I'm a bit confused re whether it is 6 months late or just poor wording, I'll have to email them to ask which it is.

GDL said they would send one, but I didn't believe them, nothing arrived.

BEM apologised they simply don't have the cash.

[beercapafn] 08/1/2014 11:02

Roundup
Me Sir - Sir - Me Sir !!!!!

10.

[beercapafn] 08/1/2014 11:01

Roundup
Me Sir - Sir - Me Sir !!!!!

10.

[roundup] 08/1/2014 10:55

Sup.1. I bet you haven't worked out what 10 shares mean.

[superg1] 08/1/2014 10:45

Those small trades are codes. I have worked them out. I know some threads go on about the secret codes. It's pretty darn obvious imo.

1 share = 1 share bought/sold

6 shares = 6 shares bought/sold

call me Sherlock if you wish.

Interesting re WNTS they seem to have started this yesterday, and have been hanging around.

There was a bit of a scramble re EIA permits recently in Chile as the rules changed late December. I assume the rule change is more onerous/costly, otherwise why the rush.

The water situation is back in the news too, as they are having the usual problems. All the talk is seawater for mines and drinking water for some cities too (desalinated of course)

[captain_kurt] 08/1/2014 10:20

WINS again jumping over the LSE bids.

[captain_kurt] 08/1/2014 09:48

Are all the bears in the woods?

[killerbudgie] 08/1/2014 09:45

According to this, they are still shorting it.

hxxp://shorttracker.co.uk/company/GB00B2QL5C79/all

Not sure how accurate this is. people may be on holiday still.