If the farmout is meant to be such a good deal27 May 2020 13:03
( I reluctantly see it is probably the only way to monetise whats left of our assets ) and given the price we were at when it was made ( higher than now ) I for one would be extremely disappointed if we struggle to break 1p when the deal is, incredibly slowly and far far too late, actually done. I suspect most holders would need 2 or 3p just to break even.
If you're so sensitive to a throw away comment, meant to be a light hearted grumble about poor pr and irritating day traders ,maybe you should filter me ? GLA LTH - 3 years waiting so far a few more months is doable.
True - except yesterday HL ( who value portfolios on the bid ) showed a bid of 0.80 vice todays 0.75 so in this case the value of my holding on paper is down £775. Whichever way you look at it the “rise” today on the news is muted at best, smothered by a few eager beaver day traders scraping a profit, that must be a few hundreds at most. Conversely SOLO genuinely went up and held a gain of 0.15 giving me a return 3x that here on no news whatsoever except the RNS here.
Yesterday HL had the bid at close e at 0.80. The opening price this morning was 0.875 according to this site. The price now is 0.825 and the bid is 0.75 - so on HL and here thats a loss on the day so far ? How LSE make it a rise of 0.05 or 6.48% beats me. The high was 0.925 that was an increase - but for some reason a few day trades have erased it surely the numbers show you this ?
Trust AEX to put out a really positive RNS19 May 2020 14:33
and get traded down to a point lower than they opened. Sometimes I wonder WTF this company has to do to actually lift the sp and retain it. What a disappointing day. By the way I see SOLO is up 0.15 and holding, presumably off the back of news here. Thank goodness I have my shares split equally between the 2 - never thought I'd ever say that. GLA LTH lets hope the traders have had their fun and Majedie get shot of their shares (why ?) sharpish.
is against the weirdly reported 0.95 at Friday close. The price before that last couple of minutes was what it is now. Certainly when I look at my porfolio for today I have gained and lost absolutely nothing on AEX . Just more smoke and mirrors and the usual high level of accuracy in the reporting the numbers.
Think I'll wait and see where we go after reversing almost all our recent gains with one daft interview. So much for a fully carried farmout of ruvuma CH1 - which its seems we are about to squander whats left off for us on another joint venture ? If its that good ( the farmout ) why don't we just hunker down and sit it out until the exciting cash flows start to come in ?
Sadly judging by the comments and market reaction it looks like the video is another pr c*ckup by AEX. My reaction is surprise that we are talking about a new JV when the farmout looks done and dusted at long last. Confused ? I am.
Chin up Crusty maybe its about to come good - been waiting just over 3 years myself. Basically I was just trying to have a lighthearted sideways dig at the traders who turned what could have been another positive day into a red finish. No offence meant.
I'll try, succinctly put I think it can be summed up as “slow and steady will win the race but short and quick won't do the trick”. If your experience is different I think we would all be interested in your technique ?
No I think some people are having a problem with premature excitement and departing too early. Their partners may be very disappointed ? Departing now might give them a little tickle - but the big event is much better and just takes a little patience and self control. All IMO of course always DYOR ! GLA LTH
Was that 2.5m trade a sell ? 0.85 at 12:49 could quite possibly be a buy and that would mean just 3 trades for a combined 4.5m shares have been shown as sells when they are buys. That would completely change the buy sell ratio and might make the market move the Ask to 1.00. Why is the market so keen to make it look like we're not buying ?
I don't think so HL ask now is 0.85 and bid is 0.81 so once again the spread and midpoint are way off and the buy sell figures are pure c*ap. Don't believe what you see the figures are skewed in completely the wrong direction.