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Yes today's/yesterday's rally really is quite something. Hoping this holds and gets to 5 USD/lb shortly.
The Copper price is breaking out now trading in the low/mid 470s ahead of the high 500 ππ
Best of luck with your project Alanadale! I'm sure some others will buy up your shares this morning:)
Sorry everyone needed some money so sold this morning at 447 - not quite the 450 target i wanted- got a project to fund but hope ATYM keeps flying and hope to buy some back soon if project works- hopefully not at over 500!!
Coppers up the others will fall into place
Your dates are completely wrong, you need to use this year's schedule with the actual dates. Tracker funds will buy when their own internal procedures require them to, it doesn't have to be straight away and the earlier 'indicative' date is not a signal to buy, it's just a head's up on what may happen the following month. The only dates that are relevant are the confirmation date as changes can happen between the two, and the later rebalancing effective date.
ATYM also need to complete Re-dom to Spain before they can be included in the indices and that does not yet look like happening in time.
Based on last year's Annual Review announcement of FTSE250 constituents, I expect FTSE Russell to announce on 17th or 24th May that ATYM will enter the FTSE250 in June. To be confirmed on 31 May 2024.
This means that Tracker Funds and those with a mandate to buy a proportion of FTSE250 stocks will have to start buying them between 17/24 May and 31 May.
I expect the SP to be pushing 500p by early June, external factors excluded...
https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2023/ftse-uk-index-series-indicative-annual-review-changes-june-2023
Long may it continue....πͺπͺπͺ
This is ripe for a takeover. Especialy with the pipeline stuff. 1.7 billion pus
Https://www.londonstockexchange.com/news-article/ATYM/publication-of-2023-sustainability-documents/16456103
LSE are missing quite a few RNS this morning, link above with the reports published on the company website.
I have finally sold my shares yesterday @439.12, but kicking myself for not doing it when the SP has shot past 450! Well, that's hindsight of course. Anyway, I have bought them all back plus extra 1000 shares @428.12. So, I have made myself almost 11 pence better off. Now let us hope that it will climb its way back to the 450's again soon. Good luck everyone and have a great evening.
Another bulling copper article.
https://www.telegraph.co.uk/business/2024/05/02/world-poised-on-edge-new-copper-supercycle/
Good luck everyone, I suspect Atalaya has far to go and will likely be an acquisition target at some point.
All depends on 1. The copper price 2. The deliverables. Lets hope 1 gets delivered
Yes Svend, all things look positive for ATYM. Let's hope that the SP will continue to climb. Good luck my friend and have a nice day.
Seen_it-done_it > I agree with you meanwhile the renewed price increases for commodities such as copper when it was thought that the electric vehicle (EV) boom had hit pause and 18 months of sequentially higher interest rate hikes by central banks would slow the construction of residential and commercial projects. Copper is considered the global proxy for economic health. Copper prices are breaking out to the upside July futures trading at $467, resulting from supply constraints and growing demand as the world transitions toward cleaner energy. It's the new Gold standard IMOO GL with your target of Β£ 6.5 price let's target ππ π I hope so LOL π
Can't blame them for taking a little profit since ATYM is now at its many years' high, but for me I have revised my selling order up to Β£6.50. Will it ever get there? I hope so, lol. π π π
That TR-1 was for trades on Friday, they sold a few on Thursday as well. It looks like they are just trading around an overall 4% position held back to Nov 22 - it's likely just algos moving stock around based on portfolio % calcs within a fund so nothing of relevance really.
Blackrock do that on a lot of shares, often see them nibble up and down around 5 or 10% positions.
No, it does seem that they have reduced their holdings from 4.05% down to 3.97%.
Was that Blackrock buying today then?
Highest finish for the day, and it's only Monday. Many more like this to come yet. Good luck to all faithful holders and have a very nice evening.
She was working hard to finish above 450, looks like she may have made it.
What a beaut.
Thanks, of course..... that's exactly what it looks like.
I bet they wish they did all their buying at 445p now though !!
Possibly someone loading up but trying not to move the dial too quick, so broke their trade down into Β£1000 clips?
Very strange repeated trades for 221 shares today - anyone any idea what this might be ?
I just happened to be looking at the trades and kept seeing the "221" figure over and over.
Date/Time Price. Shares
04/29/2024 15:41:26 BST 453.00 221
04/29/2024 15:07:57 BST 450.00 221
04/29/2024 15:02:55 BST 450.50 221
04/29/2024 14:55:06 BST 451.00 221
04/29/2024 14:44:30 BST 451.00 221
04/29/2024 14:41:00 BST 451.00 221
04/29/2024 14:35:30 BST 450.84 221
04/29/2024 14:33:05 BST 454.50 221
04/29/2024 14:29:22 BST 450.00 221
04/29/2024 14:22:12 BST 450.00 221
04/29/2024 14:12:08 BST 449.50 221
04/29/2024 13:27:12 BST 447.50 221
04/29/2024 13:15:04 BST 447.50 221
04/29/2024 13:03:06 BST 447.50 221
04/29/2024 12:49:43 BST 447.50 221
04/29/2024 12:15:32 BST 447.50 221
04/29/2024 12:07:05 BST 447.50 221
04/29/2024 11:57:28 BST 447.50 221
04/29/2024 11:41:24 BST 447.50 221
04/29/2024 11:29:46 BST 447.00 221
04/29/2024 11:19:37 BST 447.00 221
04/29/2024 11:07:58 BST 447.00 221
04/29/2024 10:51:15 BST 447.50 221
04/29/2024 10:17:07 BST 448.00 221
04/29/2024 10:07:11 BST 448.00 221
04/29/2024 9:56:56 BST 446.00 221
04/29/2024 9:11:10 BST 445.00 221
My observations - it broke out the very long term downtrend from 2011 at the beginning of April and then retested but didn't break it in mid April. It's now trying to break out the recent medium term uptrend - needs to close above 448 which was the high in Feb 2022 and where that uptrend is crossing it now (confluence, so possible hesitation). If that level holds then the long term uptrend from April 2018 comes in play and that would give you 560s+ as a future target.
If it doesnβt hold then a possible retrace, depending on copper price which is maybe starting to look a little toppy right now IMO, at least in the short term (I was expecting a bounce off 4.6, but maybe heading for 4.9 now just to confound me?).
Guidelines to look for on your own charts only, other observations welcome if my lines are suspect :/ I haven't done the fibonachos witchcraft thing so there may be other points in between that someone else might know.