Altyngold Share Price (ALTN)

I really cannot understand Assaubayev's motives right now but their oversized holding is certainly negatively impacting on the value of this company. I think they should offer to list 12m new shares at £2.50. That would still leave them with 50% of the enlarged capital, but would give a new investor 30%. It would also enable them to pay-off almost all of the long term debt saving £5m annually in interest expense. Market would almost certainly re-rate to that new price instantly. 40m shares, £100m mkt cap - still a p/e of 6 on current production with lower financing costs. Assaubayev holding valued at £50m instead of under £25m (which is about their av cost) and much more liquidity in the shares, since either they or the new investor could sell for a profit if they choose

What a pain that Altyn's RNS's no longer appear on 'London South East'.

HTTPS://www.londonstockexchange.com/news-article/ALTN/annual-financial-report/16441795

Not really its a risk like all shares and its upto each own person on how much they can afford to lose or not and a little bit of luck as no one knows what is going to happen in resources but its going to be worth a punt if you want high rewards then thats what you get but you could get high losses as well so GLA

SOLG been a dreamers share for years no disrespect to holders