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Pardon the pun with this share, never rains but pours
now i understand the drop yesterday.
insider dealing? mmmmmmmmmmmm
someone knew what was going on expect further downward movement in share price,will e waiting in the wings to add,maybe it will take a little longer to get there but with pog on the up it has to be sooner rather than later.
just my opinion gla
Up or down though haha
i believe fund raising causing a few issues here,but that was when pog was @1240 the ounces they are producing should more that cover shortfalls.@circ 1500 per oz
this is due big rerate if you ask me.
only my opinion
gla
We are not the only ones. Investors on twitter seemingly had enough and venting to the company too
'#ASO @ASOResources 9% down while #GOLD is up $35 (2.36%) to $1,510, 6 year highs. And you still don't have one Board Member who will dip their hands in their pockets & buy some shares. Gluttonous, odious excuses for Directors like this are the reason AIM has such a bad name.'
https://twitter.com/WynningTrader
Glad I'm not the only one. Other motive haven't thought of?
pog almost 1500 and we're still going down. what does it take for this to react positively?totally sick to death of this share but i'm stuck like a lot of others here.
now.
Lol
I don't know tbh. It had hardly got stretched as it was still some way off where it has sat for the past 1-2 years. The surge in the gold price should have provided some ammo. The little flourish in ramping activity a few days back has left some PIs desperate to get out at any price (hence selling under the bid) to go chase the next ramp, but it really is a mystery that more attention isn't coming here with gold now hitting 6 year highs and hitting nearly $1,500oz. Quite remarkable divergence.
Is it the kick back from recent rise combined with bad market yesterday? Was still cheap at 80p+. Bizarre. Do you stock up or sell more? Bounce must be on its way
At this price of gold, were they to hedge the price, would the funding shortfall not be evaporated? It makes no sense for this to be showing negative correlation with the price of gold, given how significantly leveraged it is to the prices.
Being completely run into the ground. Severely needs to be bought out to be put into more capable hands.
It could be a number of reasons, such as:
1) filling a large sell order (the freefloat is very small)
2) possible placing to address the reported funding shortfall this year
and ASO is like a dead duck. Shirley there has to be a reaction?
Surely we can't c@ck it up at this price.
Gold keeps going up, guess what we go down , when will this end?
Must be the Price Monitoring Extension... Should bounce back over the next few days and continue the side trend.
any ideas on the reason for drop today?or does nobody give a fook anymore.
pog poss heading to 1500?
great rns
funding met by higher prices production costs greatly reduced not long before we back into £1+
90s plus today
just my opinion
gla
Seems to be little interest either way.
Still holding in spite of the uninspiring but expected RNS. If we stay above 80.00 this week, it may indicate strong support and new heights over the next few weeks.
Still moving in the right direction.
Just in shock its gone up for once
everyone on strike again? huge gold move last night
seems to have support @1400
profits should be way up ,just hope gold moves to next level soon
gla