Ironveld Share Discussion Threads

[aceuk] 25/8/2015 16:09

If a broker is short can mean they sold some shares at a lower price than they actually have them or can get them - i.e. by dropping the price they hope to frighten some in to selling whilst some dastardly person turns up to buy ;-)

[eburne1960] 25/8/2015 12:03

Too late for the Edinburgh Fringe hangers....

[ghostofahangman] 25/8/2015 10:23

Sabzahmed, Marks & Spencer do a good quality range, as it's now August, you
may pick a decent priced pair up in the sales.

[sabzahmed] 24/8/2015 22:40

Or is there any easy way to see shorts?

[sabzahmed] 24/8/2015 22:39

That makes sense - thanks. It's unfair you can't see shorts easily like you can see buys

[aceuk] 24/8/2015 21:00

Buying or selling doesn't really make any difference to the price - crazy I know, but a bad day is a bad day regardless. I'd guess the market makers are short here .... and just like any shorter, I hope they get badly burnt.

[sabzahmed] 24/8/2015 17:07

Sorry for being daft but if all these are buys, why is the share price down? I thought trades impacted the actual price? Or does the wider market also impact price regardless of trades?

[sabzahmed] 24/8/2015 17:02

I always seem to buy for a bit more than anyone else but looks like I've done well today :-) GLA

[sabzahmed] 24/8/2015 17:02

The 45,446 at 4.39 was my top up so I also think the others were buys

[cutlery] 24/8/2015 16:15

I suspect the 3 trades today are all buys as the third trade was my buy and they are all the same price and within 20 minutes.

[bigwavedave] 21/8/2015 16:03

I see, thanks. I see they have also weighed into (pardon the pun) KENV. Must be mates of Giles C.

[al101uk] 21/8/2015 15:58

No change in number of shares, just a change in percentage owned due to the shares issues recently far as I can see.

[tommygriff] 21/8/2015 15:56

Have they not sold.

[bigwavedave] 21/8/2015 15:35

Weighbridge Trust? 20m shares? they did that quietly!

[paleje] 06/8/2015 12:24

Some aspects and assumptions from the P&L note in the presentation aren't clear to me, I'll ask the co for clarification, however from what is there it seems at todays sp, our forward PE multiple is on the low side to say the least. I'm not stating my stab at it but I might after hearing back.

Agree re WLFE, off topic but relevant kind of. That's the trouble with mining, they have to make assumptions a long way ahead of production and although good management control costs, the price of their 'goods' is completely outside of their control...which is WLFE's situation. Not necessarily ours though.

[taudelta1] 05/8/2015 08:58

WLFE is a good example of the share price of a mining stock as it approaches first production. Earlier this year, was sitting on a multiple of 5x prospective full production eps, then shot up to 10X. It has since corrected a little (not enough IMO as the price of tungsten has since come down a lot). So with IRON, we all need to do our own research ... but IMO it's instructive to look at the latest presentation, which indicates full year net profits with the 15MW smelter ... adjust for the black empowerment profit share, key in £/$ and the number of shares, and applying a PE multiple gives you a potential share price next year ... DYOR, GLA...

[tommygriff] 03/8/2015 09:22

Too many 'may's' for my liking!!!

[sabzahmed] 28/7/2015 20:12

What news do you think we can expect next and when?

[annie38] 28/7/2015 16:47

Extract from RNS of 9/7/15:
(although I appreciate that it does not really answer your question.)
" The 15MW smelter is expected to deliver full production in 2016."

[reardons] 27/7/2015 13:15

is the construction of the smelter this year, next year or ever

[sabzahmed] 15/7/2015 02:41

I think once construction starts we'll see some nice movements. Fingers crossed :-)

[friars3] 14/7/2015 20:13

Nothing going to happen here till they start producing somthing