Amur Minerals Share Chat (AMC)

It will pick up.

Usual spread, looks good if you have the bottle but this is AMC we're talking about, lol.

I don't think this will rebound tomorrow. I think it will stay around this price or even drop a few more percent. We will find out soon enough..

Expect a strong rebound tomorrow and friday. People who sold their shares are going to be very sorry. Hold on to your golden tickets, It's going to get very interesting.

An acquirer is certainly possible, only just below the 3% notification threshold, it doesn't seem coincidental

This is fantastic. We have not got a clue what is going on!!! Multiple tiny share trades and then BANG a 27.5m sharetrade pre todays opening. A keen buyer must have taken those shares. Even skilled observers are clearly stumped at this.

I think we have an acquirer of shares. Plenty of opportunity has passed recently for them to acquire at low historic price.

I honestly don't know,
The price was climbing just before the previous placing and then the 75m occurred, this was only a week after the options so it must have occurred out of the blue.
Now we have the price climbing again and another quick surprise placing followed by a massive trade.
I am happy that AMC has the money at this critical phase, but as DestituteBroker highlights, there is always a lot more going on behind the scenes and PIs are the last to know

I see your point Crazytowner, you think they have been able to sell in advance of the placing.

Yes, surely that should not be allowed.

I thought the new shares are not being issued until June. How can they sell before they have them? Or am I way of thinking that this is the case.

"Application will be made to the London Stock Exchange plc for 47,619,048 new Ordinary Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 2 June 2020."

Pretty much bang on 3% of the company, which happens to be reporting threshold.
The pre market open time is extremely unusual.
This needs to be properly investigated as it initially appears that AMC just facilitated somebody closing their forward selling with the anonymous placing

And if it was, then they have dumped over half already, which isn't a bad thing, I cant imagine who else it could be
I actually hope it was sooner there sold the better

if it was our new buyer he made a nice 28K profit between buying and selling not bad for a days work? So much for sold into sticky hands as someone mentioned earlier?

Yep that's the MMS doing a **** trick on us, license to print money, when you can trade before everyone else

Hi GB33 just checked the Stock exchange and it’s showing it off book for circa 300k that’s a big trade

Yup, occurred at 7.56am.

Are showing a 27,500,000 trade @ 1.127p @ 17:15. Anyone else seeing this?

"Starting next week, consumers can get up to 12,000 euros from the government for buying an electric car under the “historic” plan unveiled Tuesday by French President Emmanuel Macron."

https://time.com/5842884/france-8-billion-electric-car-industry/

TDT

Don't be lulled into buying these at the current price. It will go lower. The proof is the fact that you can buy £25,000 - that 2mill + shares at 1.145p. That is a sure sign of what is to come.

So I just wanted to check others' understanding of this morning's placing. Do you think this is a separate arrangement to the loan instrument from the 12th March RNS which was (perhaps coincidentally) also broken down into 3 tranches of £0.5m?
At first I assumed today's announcement was in relation to the second advance, but this was meant to be available three months after the first, so I do not think enough time has elapsed for this to be the case.

If this is a different arrangement, are we to assume the loan agreement is still in place and approximately mid June there will be another advance of £0.5m?

I know it's well documented how opaque the communication is here with PI's... just wish they would level with us about how much money is actually needed (and what it's being spent on!)

Here is a great opportunity to buy cheap and average down. Be confident, it will pick up in the coming days.

Simply oversold. Just checked trades buyers are returning.

if there are sticky buyers took the placing, dont expect sp to drift lower as wont be much shares available to buy at sub 1.1p.

if so, expect sp to continue its rising towards 3p

several others shares also rising even after placing such as ODX, N4P etc

and again!

Hi all

So ive signed up to L2 access and was wondering if someone can share a website/ youtube video that explains it in some depth.

I've had a look today and have taken this screen shot

https://ibb.co/QvXwQbK

Looking at this, does it mean we have a lot of buyers lined up for around 1.06p and very few sellers at present. It looks from the chart very bullish. What's your thoughts?

Thanks in advance for any help pointing me to a nice article on L2

Stu

I

....for kicking the can further down the road as they’ve worn their others out. That’s all this fundraise is for.