Member Info for Banksy1

I'm slowly learning this! I tend to worry if I see a sudden drop! ADHD makes me catastrophise minor blips! Patience is a virtue but in my case, patience is a mental stressor! lol

This is worrying, not going to lie. Does anybody have any genuine idea why this SD is plummeting so much?

6.90 according to Trading View

Thank goodness for that!

Why oh why are Tipranks suggesting a decline to 240 for this amazing prospect? Ridiculous!

Haha, good to hear, I was actually talking to TomE though. :)

Are you sober today?

I do not understand why this SP is static.

Where do we register? I am just outside Preston.

We have £1bn of stockpiled Gold just sitting around. The future is bright and golden!

So which SP is correct? London Stock Exchange or here?

How can people not worry though Bamps. ASX are showing a different, higher SP than we have.

So the SP here is incorrect? If one was to sell their shares would we get 342 or 322.50?

30%?

Why? Rationale?

Reason for SP drop.

📉 1. Newmont Sells Down Stake

Newmont NOL Pty Ltd (a subsidiary of Newmont Corp) has reduced its holding from ~20.4% to 9.95%—this was disclosed via an RNS filing on 25 June 2025

londonstockexchange.com

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investing.com

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lse.co.uk

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Such a substantial offload (over 66 million shares) by a major institutional investor often increases market supply, weighing on the share price as sentiment shifts toward caution.

🔄 2. Dual Listing & Corporate Restructuring

Greatland has restructured under a new parent company and consolidated shares 20-to-1, transitioning from AIM to Greatland Resources plc and launching on the ASX

morningstar.co.uk

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morningstar.co.uk

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Share consolidation often leads to volatility; combined with the ASX debut (~A$6.60/share), it has resulted in significant re-pricing and increased intraday movement

sharesmagazine.co.uk

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ukinvestormagazine.co.uk

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morningstar.co.uk

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⚠️ Combined Effect: Market Jitters

The timing overlap of Newmont offloading shares and the share consolidation/listing changes likely amplified downward pressure.

Investors may also be taking profits after the share price surged following the ASX listing (up ~12%)

mining.com

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investegate.co.uk

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morningstar.co.uk

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ainvest.com

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afr.com

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australianmining.com.au

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, or adjusting holdings due to the change in structure and listing dynamics.

✅ What to Monitor Next:

Trading volumes: Elevated volumes could signal ongoing pressure or stabilisation after the sell-down.

Newmont’s intent: Whether this sale is an isolated reduction or part of a broader exit strategy.

Market support levels: Watch if price holds above consolidated range highs (~312–330 p) from the AIM/ASX price conversion

londonstockexchange.com

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ukinvestormagazine.co.uk

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morningstar.co.uk

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mining.com

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investegate.co.uk

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Operational catalysts: Updates on the Havieron feasibility study or new drilling results may shift sentiment positively.

🔎 Summary

The overnight drop appears to stem from Newmont’s major share disposal (~10% stake drop) and the typical volatility associated with new dual-listed structure and share consolidation.

If Newmont has fully exited and shares find support, the market may stabilise—especially as upcoming asset-based news (e.g., Havieron feasibility) emerges later in the year.

I'm in for the LT but I have no idea why this SP has dropped this much over night. Is it just MMs shaking the tree or is it just a settling period?

Be interesting to hear/see sensible peoples thoughts.

Why would they though?

that is hilarious! love it! ****sy, i've never heard that one before. you are literally a genius! come on, do continue, but please get a beer first, your spelling and rambling gets worse the more you drink.

Here he goes. Wait, let me get my popcorn for your drunken ramblings, they're hilarious!