Polymetal Share Discussion Threads

[dogwalker] 18/9/2020 11:56

Just the one?!

[imastu pidgitaswell] 18/9/2020 11:36

Go and take the dog for a walk...

:-)

[dogwalker] 18/9/2020 11:36

Triple or tripple, or trippple? It's not a trifling matter.

[action] 18/9/2020 10:58

I thought drop due to tripple witching today in UK and USA.

[action] 18/9/2020 10:57

Thank you.

[geckotheglorious] 18/9/2020 10:49

Action,

Afraid not, but given the drop presumably at/close to current level.

Let you know if find out.

[action] 18/9/2020 10:45

Do you know what price placing was done please?

[imastu pidgitaswell] 18/9/2020 09:42

Yes, but Tesla is valued on a lot of hope and thin air. This is valued on hard cash (and gold), at a pretty low earnings multiple for any business, let alone precious metals - very different.

[geckotheglorious] 18/9/2020 09:38

Yeah and look what happened to Tesla!!!! :)

Tempted to nibble some more on this pullback. I always get itchy feet though Russian stocks side when this porty re-balancing happens.

[king_baller] 18/9/2020 09:37

Autumn sale in POLY. Anyone would think gold was $1500!

[imastu pidgitaswell] 18/9/2020 09:30

Should be just portfolio management. The shares have trebled in 3 years - not rebalancing would be akin to mismanagement (imho). Baillie Gifford did similar with their Tesla holding.

It's not selling out, it's selling some and keeping some after a massive gain - basic risk management.

[geckotheglorious] 18/9/2020 09:27

Apparently this is behind the weakness...

"biggest shareholder, IST Group, sold 19 million shares in the company in a placing"

not seen an RNS though.

Wonder why largest shareholder is selling so much

[action] 18/9/2020 08:26

FRES UP POLY DOWN..

[imastu pidgitaswell] 18/9/2020 08:10

Well it was (presumably) a sell. The classification of trades is meaningless and mechanical, just allocated on the basis of the price at the time. I often have buys reported as sells and vice versa.

Looking interesting. I was all out of these at 20.6, but have been doing my usual - buying low and selling for more on a regular basis. Small holding at the moment, didn't buy any yesterday, but will be today - 1800 is excellent value and a nice gap. A large seller in place.

Free money - possibly...

:-)

[action] 17/9/2020 15:59

Sorry 1870p

[action] 17/9/2020 15:59

100k buy order at 1170p gone through

[imastu pidgitaswell] 17/9/2020 11:50

Mmmm, quite a drop and below key 1900 level - at the moment. Not holding many, so quite happy to see it come down - just not sure why at the moment. Might be another shareholder sale. FRES quite strong by comparison.

[action] 10/9/2020 14:16

MM is afraid to put it higher. MM Worried about the 3% stake might come to market

[imastu pidgitaswell] 09/9/2020 08:44

Ah, thanks for that, Just added some back at 1900-odd. Didn't know about that sale, but fine by me, it all adds to the volatility.

[zcaprd7] 07/9/2020 16:05

£20 is nice...

[imastu pidgitaswell] 07/9/2020 09:46

Did it? Looked a lot more like a bounce off 1900 support.

[action] 04/9/2020 15:30

Looks like going below 1900p.

[action] 03/9/2020 18:32

R we still in upward channel or is it broken now pls?

[imastu pidgitaswell] 03/9/2020 10:34

Ex div today - 40 cents, so about 30p per share, on 25th September. I think?