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Amur Minerals Share Chat (AMC)



Share Price: 5.90Bid: 5.90Ask: 6.10Change: 0.00 (0.00%)No Movement on Amur Minerals
Spread: 0.20Spread as %: 3.39%Open: 5.99High: 5.99Low: 5.90Yesterday’s Close: 5.90


Share Discussion for Amur Minerals


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8adger
Posts: 127
Off Topic
Opinion:No Opinion
Price:5.94
Whatever
Fri 13:50
The BOD are planning it would be nice if they would crack on with it. Whatever it is.

We will either have something new to moan about or celebrate. Lets hope for the latter.

It feels like we are in limbo at the moment. I appreciate it's the holiday season.
 
TrickyDickyTwo
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:6.075
RE: The Other Channel....
Fri 11:04
sandyR1, I have to good sense to defer to those who know better, it seems you don't. At least I've done something that others might find useful. I struggle to find anything you have posted of value, it may be there but if it is I've missed it.

TDT
MadMat
Posts: 108
Off Topic
Opinion:No Opinion
Price:6.075
RE: 8 AUTHORISED SHARES
Fri 10:55
Max is my twin brother...
TrickyDickyTwo
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:6.075
RE: 8 AUTHORISED SHARES
Fri 10:18
....and Max.

TDT
TrickyDickyTwo
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:6.075
RE: 8 AUTHORISED SHARES
Fri 10:16
Thanks for clarifying MadMat.

TDT
MadMat
Posts: 108
Off Topic
Opinion:No Opinion
Price:6.075
RE: 8 AUTHORISED SHARES
Fri 10:08
Also in the redline version someone was kind enough to post there is no change to this figure...

https://www.dropbox.com/s/tueaowczfl577rn/AMC-Mem-Arts-Redline-Comparison.pdf?dl=0
max2mentor
Posts: 652
Off Topic
Opinion:Hold
Price:6.075
RE: 8 AUTHORISED SHARES
Fri 08:20
It seems like it was amended in Nov 2012 to 1b shares (AMC website-investor info)
JPKiter
Posts: 21
Off Topic
Opinion:No Opinion
Price:6.075
RE: 6p
Fri 08:10
Thanks for the reply TDT. I don't believe in an accumulation theory either, just a continued selling. Perhaps there is a city known funding event, but surely this would be at less than 6p to create value for those taking part. This would then create more downward pressure and volatility. Conversely if 6p was the offer decided several months ago this suggests current undervaluation, either way there should be more volatility than 5%. The Crede funding was obviously known about and this created volatility of around 20% about the 11p mark prior to RNS..
Volumes are currently not much lower than normal so news events and changes in sentiment should, I feel, be creating more variation from 6p like has happened in the past. The only period I can remember like this was the 3.5p mark 3years ago, but then there was landstead involved with very little news or volume and even then the spread was quite large. Just strikes me as odd and trying to make sense of what's likely to happen and protect my investment. 9m shares is only 1.5% and wouldn't be seen until next months figures so I guess we will see soon either theory.
JP
TrickyDickyTwo
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:6.075
8 AUTHORISED SHARES
Fri 07:32
8 AUTHORISED SHARES

(a) The Company is authorized to issue 1,000,000,000 shares with no par value.

In the previous Mem & Arts the limit was 500,000,000. They will be coming back to investors shortly to issue more shares. The big unknown is on what terms?

TDT
TrickyDickyTwo
Posts: 1,680
Off Topic
Opinion:No Opinion
Price:6.075
RE: 6p
Fri 06:15
JPKiter

The thing you notice with AIM stocks is that a lot do trade within a tight range. Most AIM companies do not generate revenues so how does the market value them? Potential? How can the market, or PI's for that matter, put a value on potential when all the facts are not out there?

Market Makers are tasked with making a market but they are also tasked with maintaining an orderly market. It's in no ones interests to regularly have wild gyrations in price. I think the tight range we are seeing right now is the prelude to the underwriting of an open offer. We know Amur needs money. We know they can't issue more shares without share holder approval. Perfect solution don't you think? If the open offer isn't fully subscribed then the shares go to the underwriter at what I suspect will be a very heavy discount.

On the dark pool, accumulation theory I really don't see that happening. The popular theory is somebody is accumulating shares in different accounts but keeping under 3% to avoid having to declare. If that were happening the registrar would have picked it up. Also the current Mem&Arts, from memory, already provides for that possibility.

I've been tracking Amur share holdings for several years now. When shares are issued to the likes of Lanstead or Crede you see them being distributed, over time, into the usual PI nominee accounts. There is no evidence of unusual movements in any of these accounts. I think the accumulation theory by PI's is merely the product of boredom. I've posted a link below for the spread sheet. There is one slightly unusual increase in one nominee account which happened recently but it's only one and it's for a modest number of shares (less than 1%). Apart from that it all looks pretty normal IMO.

https://www.dropbox.com/s/93mt2vd3ar8ani0/Share%20Allocations_Rev.%20G.xlsx?dl=0

Euroclear doesn't show any shares out on loan so where the shorting theory comes from I don't know. As for dark pools, nonsense. It's simply not happening.

TDT




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