Member Info for Chartist2

Additional 100k trades arriving, supporting exactly the price line above 6.70, for whatever reason that is.

IMO one option right now is to simply catch the technical recovery. While no one knows how ARS will turn the corner successfully, the TA chart does not stay "out of balance" for too long (triggered stoplosses buying back). And ASR already has nicely recovered since the crash.
If the mentioned 7.45 is climbed, this could easily see 9.35p again.

Another option is to bet on a quick financial solution / modest capital raise / mining cooperation, which of course would create a news spike.

...current "static" price since 10.30 this morning(!) would only be possible if there are no further sellers on the market, which is quite impossible IMO. The only other option is if AT buys are soaking up each and every sell at this price.

Looks like 6.70 could soon become the new core value as seen by the main holders.

Quite a few have probably bought back / topped up somewhere above the mentioned 5.80 support. Like expected that level has nicely held last week Friday.
After the news-crash the most important bullish signal were 6.15 and 6.35.

In my opinion the next entry signal comes when 7.45 are climbed.
Massive long term buy signal only from 7.90-8.00p.

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"...given your poor TA." Daisan
Its always best to use the filter function. I do the same, if a posting or a poster has no value whatsoever!

In my opinion, given the huge amount of mining claims as well as valuable newly granted mining licenses, it will be important the next months that ARS can maintain a decently high market capitalization. Probably by recapitalization, as many on here already stated.

Personally I would prefer if ii's like JP Morgan would talk to a multinational miners and have them takeover Asiamet. What would be a considerable T/o price right now?

Market Capitalisation
Market Size
GBX GB 927.66m £64.01m

And here some more worthless TA opinion:
Despite the global market pressure its good to see that Asiamet finds support at the crucial 6.35p. Is this where main stakeholders see "core value"?
Moreovere its good to see that our newly gained 6.70 - 6.90 support line is always nicely restored, even after larger sells coming in.

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"...your poor TA." Daisan

The problem is, like mentioned this summer, once the tide turns and the market retraces, a large number of pro as well as private investors are suffering in their PF and cash positions shrink. Look around, even decent bluechips going through the mill...

These times of pressure is where you see the truth: Asiamet Sp speaks out the truth very clearly.
In my opinion the company will now have to be very careful to maintain their m-cap, as they will risk a takeover if it gets lower.

Market Capitalisation
£64.01m

Well then, off we go to 1 Bln shares soon!
GB 927.66m

Nicely touched the low 490's again. Lets see if their financial allies will restore 500ish.

Hmmmm, the Sp still struggling at the first 464 trigger line and barely holds above.

Kitz, please remember that PFG has raised multi million capital long long after 2017. Take a look at their rebalanced cash position.

Sorry, wrong closing price published on LSE mobile site... IMO safe to hold as long as 441 maintained. If breached, then retrace to 437-426. New entry for me if 464 and 478 climbed.

471p again - how the hekk did they do that?

And indeed it ended up blue!
Super-MarioMazik :))

...and once again the 507 support has been restored.
That is PFG & its financial allies.

Mazik, your several 100's K worth holding here in N4P must look like a defensive stock by now, with global markets severely down:))

At 52-week low now at 499.20.

Yup! They are slowly cutting through 499p. But now keep an eye on the 1k supporting buyer. Lets see if company allies will help them here.

Wow! That's an amazing quick dip down to 500p together with a hit of US banks. Now lets see if they - together with their main holders/allies - will be doing supporting buys, or releasing supporting comments.

So lets see if we can get it for 490 or 480p!

hedged, with major ii's on board, ARS could as well decide for a quick / very limited / small share issue, aimed to institutionals only. Something like 8.75p.
So far they haven't had any trouble finding finance...

But they will need to communicate asap to (re)establish trust.

Like said from the LSE chart last night: If the current support is breached, then KAZ will be trying to create a decent double bottom 430ish. Never mind!

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...if 450p folds, then final attempts to push the heads underwater to 435.

Looks like the Sp has stabilized at the mentioned support. While people awaiting Q3 figures, remember that throughout the last two months investors have used company news as an exit opportunity.
Not sure if KAZ can pull a rabbit...

(Ha ha, unless they call off the lunatic russia deal, which will cause an instant share spike! Maybe 700p...?)