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PHM Phimedix Plc

0.95
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Phimedix Plc LSE:PHM London Ordinary Share GB00BLM14N85 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.95 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.95 GBX

Phimedix (PHM) Latest News

Real-Time news about Phimedix Plc (London Stock Exchange): 0 recent articles

Phimedix (PHM) Discussions and Chat

Phimedix Forums and Chat

Date Time Title Posts
27/8/202111:24Peter Hambro Mining: Cheap Gold Miner?18
30/3/200121:31PHARMACEUTICALS-

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Phimedix (PHM) Top Chat Posts

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Posted at 09/9/2020 12:28 by 36jay
Phm and ORCP billions worth of contacts coming on Friday.Dyor
Posted at 09/9/2020 12:25 by andymunchkin
andycarr28 Mar '02 - 20:38 - 3 of 11
0 0 0
Mr James

I will not set foot on the hallowed turf of this board again.

However, just for the record: The Directors have a share option package of over 8,000,000 new ordinary shares. These options are exercisable at any time up to March 31, 2004 at an exercise price of 5 pence.
Posted at 25/4/2002 11:50 by financialruin
Short article about Peter Hambro Mining from the Evening Standard.

Evening Standard, London, Anthony Hilton Column

Evening Standard - London: KRTBN; Apr 24, 2002

BY ANTHONY HILTON

It is good to see that even in these troubled times the London market still has the appetite to back a mining venture. Today it was announced that Peter Hambro has successfully placed a tranche of shares in his gold mining business Peter Hambro Mining at the top end of the range of expectations and it now has the backing to develop prospects mainly in Russia.

Perhaps his new shareholders saw an esoteric research note circulating recently on the relationship between the level of the Dow Jones Industrial Average and the gold price.

Apparently, for most of the time over the past 100 years the Dow has traded at less than five times the price of gold. It took off in 1929 and got to 18 times before shares collapsed and it surged again on the back of the bull market which peaked in 1966 before again falling back. Today, the Dow is once more way out of line -- a staggering 36 times the price of gold measured in US dollars. By any historical yardstick it looks unsustainable.

But which price will move most? Gold is clearly cheap in terms of its historic relationship with financial assets, and shares are historically expensive. Getting back to a five times ratio would, however, imply a gold price of $2000, which seems absurd given its current inability to break through $400 for long. But if gold does not move up, shares would have to fall equally dramatically. Or most likely shares could fall and gold rise.

Who knows which way it will go or over what period, but Hambro's timing does seem particularly shrewd.
Posted at 28/3/2002 20:38 by andycarr
Mr James

I will not set foot on the hallowed turf of this board again.

However, just for the record: The Directors have a share option package of over 8,000,000 new ordinary shares. These options are exercisable at any time up to March 31, 2004 at an exercise price of 5 pence.

Happy Easter

AC
Posted at 28/3/2002 18:11 by andycarr
Like Mining stocks? Check out GFM.. recent licence win (after 18 month+ wait) ...1st in China for Western Co. Zinc, Silver and Gold. Mine to open end 2002. Current price 6p

Web site www.griffinmining.com
Phimedix share price data is direct from the London Stock Exchange

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