Member Info for Auson

No its a derivative if you look at down the RNS it says Equity Swap !

In auction at 4.16pm at 21.4p

Tincan1995,

I don't think a leak, its the market re rating after digesting the news in the RNS. It took a day or so and we hit 12p on the 25th !

Wood would be doing much better if we sold wood

Prices and Trends in the U.S. Framing Lumber Market

Summary of the week-to-week lumber prices and plywood prices for the week ending Nov. 15, 2024:

The Random Lengths framing lumber composite price increased 1.4%.

Prices are 8.8% higher than last month, and 19.8% above where they were one year ago.

The price of lumber futures rose 2.1%.

Prices are up 8.8% from a month ago and 5.7% higher than they were one year ago.

The structural panel composite price was up 0.9% from the previous week.

OSB prices increased 3.7%.

Western Fir plywood prices were flat.

Southern Yellow Pine plywood prices were down 0.3%..

Notable Canadian Sawmill Curtailment

Western Forest Products Inc. recently announced plans to curtail production in its British Columbia sawmills by approximately 30 million board feet during the period of October to December, 2024. The company sited market challenges of weak lumber demand and higher U.S. softwood lumber duty rates.

Western’s President and CEO Steven Hofer: "With the potential for the combined U.S. Softwood lumber duties rate to more than double in the second half of 2025, all levels of government need to be focused on creating a policy environment that supports the forestry industry and encourages domestic investment."

In 2024, Fastmarkets/RISI estimate that sawmill curtailments have reduced North American softwood lumber production capacity by 3.1 billion board feet. Many of these curtailments have taken place in Western Canada.

Notable Sawmill Closures and Market Impacts

Canfor Corp., the fourth largest softwood lumber producer in North America, recently announced the closure of two mills in British Columbia and curtailment of mills in the southern U.S. by the end of the year.

The company sited the ongoing weak lumber market and increased U.S. tariffs on Canadian softwood lumber as reasons for mill closures and curtailments.

The closures will eliminate an estimated 670 million board feet of annual production capacity.

Key Factors Influencing Lumber Prices

Softwood lumber prices have been especially volatile in recent years largely because of increased demand, rising tariffs.

1pencil,

When all said and done THG is just retail.

BlueDefnder,

I think it looks like we might be heading for 21p shortly

Hello again 18p, its been a while.

Pauldrayton,

and to think someone was talking about a take out at 30p !

I somehow don't think that would fly !

Stupmy,

Correct short tracker only shows NET short positions above 0.5% You can likely double the figure if you want to include shorts below 0.5%

SpaceHoppa,

Thanks for that I was offered 17.03p for 200k shares this afternoon

JG68,

Sounds like it didn't work out too well for them and I guess thats why they would have needed the shorts to hedge.

JG68,

Yes but with petrofac there were likely many buying the discounted high paying bonds and shorting as a hedge !

BobBackwards,

Unless they are acting in concert with say Apollo or another suiter. Clearly the shorters killed the rise to 63p is they hadn't done would we be trading at 75p or above. Would be no good for a cheeky takeover offer. Clearly the BOD don't yet know of any interest or they would not be able to buy. I'm not saying that is whats happening but it is curious why they are increasing, why not let the SP recover pre the review findings then short into that from say 75p if they are expecting a drop.

Franklin added another 883k shares yesterday

2024-11-27 NP EQ ADVISORS TRUST - EQ/Franklin Small Cap Value Managed Volatility Portfolio Class IB 883,382

Icecool,

All non cash impairments too, although it does show the business is not as profitable as it once was.

Marunam2,

Here here !

Doyll66,

Labour are right new licenses wouldn't take a penny of heating bills, it would take several pounds off ! Regarding climate change importing energy via ship has 3 times the carbon emissions than domestic production.

James,

Just saying what I see, I have a had a little top up today too.

James,

Sp hit 52.75 at 9.55am same as now. It hit a low of 52.35p at 2.10pm

AimMaster2018,

Market makers ?

SETS stands for the Stock Exchange Electronic Trading Service, the London Stock Exchange’s digital order book.

SETS facilitates most of the orders on the LSE, including those for shares in the FTSE 100, FTSE 250, and FTSE Small Cap indices. It also trades ETFs and other ETPs, and some of the stocks listed on the AIM, Irish and London standard exchanges.

There are a variety of trades available via SETS.

Recent additions from funds

2024-11-26 NP VTMGX - Vanguard Developed Markets Index Fund Admiral Shares 5,882,916 1.95 9,993 -33.31

2024-11-26 NP JAJDX - International Small Company Trust NAV 26,919 0.00 46 -34.78

2024-11-26 NP Brighthouse Funds Trust II - Brighthouse/Dimensional International Small Company Portfolio Class A 195,202 0.00 331 -35.17

2024-11-26 NP QCSTRX - Stock Account Class R1 1,948,762 -26.93 3,310 -52.20

2024-11-25 NP Franklin Templeton Variable Insurance Products Trust - Franklin Small Cap Value Vip Fund Class 1 5,471,172 33.95 9,294 -12.37

2024-11-25 NP GWX - SPDR(R) S&P(R) International Small Cap ETF 345,829 2.04 588 -33.52

2024-11-25 NP Fidelity Central Investment Portfolios LLC - Fidelity International Equity Central Fund 5,496,900 0.00 9,311 -35.02

2024-11-25 NP PACIFIC SELECT FUND - Small-Cap Equity Portfolio Class I 809,510 32.64 1,375 -13.19

2024-11-25 NP SSGVX - State Street Global Equity ex-U.S. Index Portfolio State Street Global All Cap Equity ex-U.S. Index Portfolio 207,041 0.00 352 -34.88

2024-11-25 NP SPDW - SPDR(R) Portfolio Developed World ex-US ETF 908,113 1.20 1,543 -34.03

2024-11-25 NP SPEU - SPDR(R) Portfolio Europe ETF 22,874 44.75 39 -7.32

2024-11-25 NP PACIFIC SELECT FUND - International Small-Cap Portfolio Class I 443,628 -18.39 754 -46.63

2024-11-22 NP BBIEX - Bridge Builder International Equity Fund 3,498,452 31.04 5,943 -14.28