Member Info for Ivornomoney

$8m at 7p or buy now at 6.5p?

You have used your £20k up for the year so can't buy anymore.

There will be a share consolidation, so if they do a 10 for 1 ratio we will be down to 400m shares.

https://www.morningstar.com/stocks/xlon/hzm/ownership

Look on morning star.

Konwave AG 19,650,000

They are increasing their position.

125,350,000 outstanding and if they buy the company gets the money.

I think it's a maximum of 10% I read on the website.

https://www.privateequitywire.co.uk/2021/11/29/309780/la-mancha-deploys-usd86m-strategic-investment-horizonte-minerals

If you were going to but this, how much would you pay? How much do you think horizonte would want?

Yeah it's a bit of a stretch taking out a 13m share short against what will soon be 4.2bn shares to bring down the EV battery market.

They are not Saudi.

https://find-and-update.company-information.service.gov.uk/company/07511928

There will be no rush to close it, it could be open for months, especially when more shares will be issued.

When they close the short they have buy the shares back so the price will go up. It's worth less than $1m so nothing to worry about.

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INDICES

FTSE All-Share Index

Reviewed by Russell Shor 10 June 2016, 2:34 pm

EUROPEAN MARKET

Article ContentsHistoryCompositionLondon Stock Exchange (LSE)Index Rules

The FTSE All-Share Index tracks the prices of companies listed on the London Stock Exchange's (LSE) main market. Companies listed on the index are screened to meet minimum size and liquidity standards. However, the FTSE All-Share Index is considered to be the broadest price performance measure for the London equity market.

The index's listings represent approximately 98% of the market capitalisation of listed shares in the United Kingdom. Because of its broad representation of UK shares, the index is commonly used as the basis for investment products, including funds and exchange-traded funds (ETFs).[1]

History

The FTSE All-Share Index was originally launched in 1962 as the FT Actuaries All-Share Index, and it was initially designed for use in the creation of tracking funds and derivatives, and as a performance benchmark.[2]

In January 1984 and October 1992, respectively, the index was enhanced with the addition of two new sub-indices, the FTSE 100 and the FTSE 250. The FTSE, or Financial Times Stock Exchange, was established as a joint venture between the London Stock Exchange and the Financial Times in 1995 after Wood Mackenzie sold its stake in the FT Actuaries All-Share Index to Standard & Poor's.[2]

The FTSE All-Share Index is managed by FTSE Russell, which is wholly owned by London Stock Exchange Group, and it has a base value of 100 points referent to its level on April 10, 1962. The index reached a peak of more than 3,830 points in April 2015.[2]

Composition

The FTSE All-Share Index is the aggregation of the FTSE 100, FTSE 250 and FTSE Small Cap Indices, and it includes a total of 639 listings with a total market capitalisation of £2.0 trillion. The average market capitalisation is £3.14 billion, with the largest market capitalisation being £88 billion and the smallest £30 million.[1]

"God knows why 7P placing shares are also getting sold at a loss. But it’s happening"

They probably got them lower than 7p, La Mancha was up to 7.5p.

Teck have a board member because they have more than 10% of the current shares in issue.

If that was the case they would have maintained their percentage to keep a board member in place. Now they have no say in the company.

I think Teck have the right to maintain their percentage. So why didn't they?

I can see Teck selling up at the first possible opportunity, Vermelho is 5-6 years away from starting construction and Horizonte will need to prove they can build and run a mine first before anything happens with Vermelho.