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Tiger, that's an incredibly ******ed interpretation of what a dual listing is, especially as you're spouting rubbish from a device which can also be used to google absolutely anything you want.
Some peoples education stopped when they left school evidently.
If Borderterrier got scammed by a pink sheet brigade then you've just made my day, no actually you've made my year!!
It's not a reputable company-approved "secondary listing".
Precisely, an over the counter broker (i.e. a boiler room) in New York is making market in unregulated HUMRF paper, which it itself has issued. That HUMRF paper is only backed by HUM shares as long as the broker honours its own promises and remains solvent. Investing in HUMRF paper is therefore, IMO, only for the extremely foolhardy. As for the price of those HUMRF "shares", well it goes up and down like a yoyo, and at times the spread is as much as 50%. All in all, the price of HUMRF paper means very little to HUM.
Anyway, talking of mugs who got in too early and paid too much, you must have bought in to HUM at what, 33p or so?
And, yes, not holding. Just because something is cheap doesn't necessarily mean it is a bargain.
It's a secondary listing Tiger. Besides the same thing happened here, there's loads of mugs, like Borderterrier who paid 40p for a hole in the ground, no production and 100 million debt.
the fact that HUM is now debt free, producing and additional assets to target into production only serves to show that timing is everything in this game, rather than baseless stories of confirmation bias on the internet.
I take it you're still not holding either Tiger... Noted.
You seem a tad perturbed mate :)
Funny the US should be mentioned cos 20p here is $100m exactly over there.
Funny old game ...
HUMRF is a tiny "over-the-counter" listing on the pink sheets in New York. It has no liquidity and the share has previously been pumped and dumped over there by boiler-room scam artists. (Think Wolf of Wall Street).
If you doubt this, ask Border Terrier over on ADVFN - he's a victim!
The price of HUMRF has no real importance or meaningful connection to the AIM trading price.
Ah thanks Bushy I did look but Assumed ticker would be the same
ATB APR
HUM is a dual listed London and New York.
HUMRF being the US ticker and is trading at 36.2 cents or 26p in real money
@Bushy You lost me what is 26p ?
Equivalent of 26p stateside.
When it goes off it will be a straight line :)
Very confident but yes, it an't over til it's over.
Gold free to move back up again now London has closed - a regular pattern - so you know who's doing the buying eh?
I suspect London may be creaking re actual physical metal and three's a crowd in this game (Shanghai / NY) ...
With US opening up and record growth rate in spend and input material costs, but constrained labour participation my bet is that CPI will continue to rise is US and elsewhere. Lots of commentary even from Buffett on both rising labour costs and especially material costs at his recent shareholder briefing ... he even mentioned the 'I' word.
DXY (Dollar Index) Head and Shoulders pattern broke the neckline at $9060 last Friday 7-May and dropped to $9002 so far today with my target at $8,725 which will be a massive tailwind for POG if/when it comes off. I think we all know where this is headed, but journey won't be a straight line.
ATB APR
Gold DB @ $1,816 to possibly setup a move to c$1,872 tomorrow on a whopping US CPI print.
FYI >c$1,872 in May is likely breakout from the 8 month Bull Flag and that puts anything up to $2,500 on the radar IMO.
here they come lol