Jubilee Metals Share Discussion Threads

[sb] 13/6/2022 13:48

Can any of our Afrikaans speakers listen to this and transcribe anything of interest? Thanks.

[adejuk] 13/6/2022 11:09

bull
what it the bbi?

[smose] 10/6/2022 14:23

Last year operation updates on 6/8, 24/8 and 17/11. End of year results(year ending June21) was late on 2/12.

[adejuk] 10/6/2022 09:53

i hope in july but prob nov/dec :-)

[pshevlin] 10/6/2022 08:10

When is the next update due?

[husbod] 09/6/2022 15:15

Although I suppose they could be intra company transfers as I believe a trade of that size can be carried out without a spread.I would prefer the worked sell option.

[husbod] 09/6/2022 14:27

It hasn't gone up - the closing price yesterday was not the mid price so it's just adjusted for that.Those big sells have no doubt been worked over the last couple of weeks hence the failure of the share price to rise despite the preponderance of buys over that period.The hope now is the seller has been cleared in which case we should see a decent rise. Might even become a slightly exciting share.

[sb] 09/6/2022 13:43

One was cancelled so its actually 23 mill.... But if it was a seller why has the price gone up...? ;)

[inever] 09/6/2022 13:30

And buyer I'd say.

[gsg] 09/6/2022 13:30

And finally, there's the print.

[doron] 09/6/2022 13:25

46 million that's one big seller

[the bull] 09/6/2022 13:14

Very sensible chozza (in case you look in). It's boring these last few months but big things happening I am sure and that will feed through to astonishing profits hopefully

[sb] 09/6/2022 09:29

Bid/ask...15:15.5, 3:6, 350K:700K... some buying pressure building...

[qsmeily456] 09/6/2022 09:03

🩳🩳 Down banked profit now will ride to 18p and back down again on another 🩳🤣🍾🥂

[husbod] 08/6/2022 20:07

Also btw it is perfectly possible to have 2.5 buys and only a handful of sells if there is a worked sell where the sell hasn't been completed so that that large trade will show up the next day or even a few days later when the sell order has been satisfied or at least that's how I understand it.

[husbod] 08/6/2022 19:39

Cheers sb but if there is a strong demand for a share the mms have to buy them in at a higher price in order to satisfy that demand. Obviously they didn't have to do that today ergo they can satisfy the demand by sourcing the shares from someone who is offloading.Or am I being too simplistic?

[sb] 08/6/2022 19:15

Given how tight the spread of trade today was, it looks to me like there was a controlled transfer of about 1,000,000 shares between 15.2 and 15.215p - probably a managed deal shifting them between accounts for the same entity. There certainly weren't 2.5m buys and no sells...that's impossible - the total volume must balance all buys and sells, regardless of how they are shown by LSE or ADVFN .... unless a large iceberged trade is reported late but not so far anyway..

[husbod] 08/6/2022 17:48

So sb what is your explanation for some 2.5m buys, even allowing for the notoriously inaccurate advfn buy/sell allocation, failing to shift the sp?Are we so liquid that it takes more than that to move the price or is there some other reason of which you are aware?

[mya viet] 08/6/2022 17:37

Sb. I'm not waiting for the share price to hit 10p I'm waiting for the market to tell me its safe to buy back in. Any price under 20p is fine by me as long as its safe to do so...

[scotty1] 08/6/2022 17:16

correct sb also when the recession hits precious metals will fly mostly gold but others usually follow in it's footsteps.

[sb] 08/6/2022 16:46

What big seller? Who? :) According to the latest shareholder update on the website from Monday 6th June, ACAM still hold all of the shares they had.

"If the markets tank everything will tank with it there is a possibility if this were the case we could pick up Jlp at around 10p or lower." I disagree ..If that is what you are hoping for I think you will wait forever.

[husbod] 08/6/2022 15:05

Plus IIs might be put off by the potential ACAM overhang. Would love to be a fly on the ACAM boardroom wall to see if they are long term investors or are simply keen to lock in their huge profits asap.

[husbod] 08/6/2022 15:00

My guess, for the zillionth, time is that the big seller is still around and may have been joined by ACAM.There is also of course the huge dilution represented by the debt for equity deal with ACAM. Would be interesting to see where the share price would be without that event.And yes I know we have a lot less debt as a result of that deal but I wonder if debt has as much effect on the share price as the equivalent dilution.