Altyngold Share Price (ALTN)

"There's no way somebody could come into the market and buy 12m shares without the price going way beyond £2.50......"

Yeah, but it isn't likely to happen, or are we living on Fantasy island?....although sometimes in the UK it feels like it.

"It's not possible for a start....I agree RB, simple solution...."

That's as clear as mud.

PS. This is the same company who changed their name but forgot to secure the rights to the new name....so they had to pay some person in a small village in Wales who read the RNS and licensed the name before they did. I don't think they do fine detail....hole in the ground needed, buy big machines to dig it!

I agree RB, simple solution....

It's not possible for a start, that's more than the free float...

There's no way somebody could come into the market and buy 12m shares without the price going way beyond £2.50......

"I think they should offer to list 12m new shares at £2.50."

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RB, I don't understand how they would do that. Who would buy those 12million shares and why would they pay £2.50 for shares they could get for circa £1.10.

I agree that having a shareholder that owns 70% of the company isn't good.....but I'm not sure how they could dilute that holding without people who want to purchase.

Hopefully if the company start to get near 100,000 oz per year then investors will start to take the company seriously and the Assabeyeu family can start to sell into that interest.