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guess we have to wait for the news to start flowing to see this move higher.
then i'm thinking about forgetting 2.5p and wondering about revisiting that 3p mark on the sniff of the next good news.
yet another punt down the road... now just a question of what price it opens at, how far it drops before it stabilises and how bored lthers will get over the next few months.
gla.
less than 100million shares bought AND sold from a total of 7,000,000,000 (seven billion) so, roughly one and a half %, bought AND sold... the drop is horribly forced... but i wouldn't dream of telling anyone their choice to buy or sell was the wrong one.
but i added...
before the bagging... but i couldn't be as... naive (?) as anyone who bought in at higher than 10p and held...
is that some people have got a real stick up their bum about chinese business being about 'honour' and 'seving face'... i'd suggest you take a good look at chinese commerce over the past twenty years... if they can steal it, work it, icopy it, take it over at a fraction of value, then they will... pretty much like any western company probably wouldn't.
and that's not cliche or stereotype, that's history. but maybe they're being 'inscrutable'!
hilarious... talking about a country that trades in body parts taken from prisoners to sell on the open market and you're talking about saving face?
while i appreciate we're not waiting on a government body, don't risk your cash on a company risking 'losing face'... losing your shirt should be your concern (not that i'm saying that's going to happen either...)
not trolling, just lolling at some of the comments here...
anyone with only 34 posts who suddenly starts having 'hunches' or 'feelings' is obviously just talking tripe... or typing tripe... or tryping!
so anyone holding those is in profit... literally half the shares in existence are cheaper than the current price... with this share, anyone in profit is the rarity so expect them to take it, even the iis.
then there'll be distressed sellers or folk who decide that a couple% loss is not too bad...
was surprised at the bounce after the placing news was released... but with this number of shares now sloshing around it's killed any rise without news... very little euphoria out there...having been burnt by this on the falling knife scenario and hoping for some kind of bounce back to £15 there's now no news that would push this share higher... it's just going to be a slow incremental rise, based on ftse movement, with the occasional banking news to lift the share... but this is as stuck as the rest of the high street banks now.
placing presumes that noone else is interested in jv... could be the case, especially as company hasn't released cpr. don't know whether company has the info just not offered up to public.
actually, correction: i actually don't know what's going to happen next... and, a placing could conceivably be at a premium, at least to today's price... it all depends on whether DS has been billy bullsh***ing about the assets and the wase of producing.
have to say that two years and 75% loss on sp is a total embarrassment for the company though i'm sure they'll live through the red faces.
future's completely up in the air, could be great but history would suggest otherwise... be nice to see the kind of confirmations that ujo offered up nothing worse than promising flow results and then oddly choosing not to... hardly inspires confidence.
but i wouldn't add more at any price, just in case. placing would guarantee endless opportunities to go it alone, etc. but would anchor the sp lower so i'll just wait for the oil to come in or 15p on optimism (but more likley 10p when i think about selling some).
God, remember when 10p was rock bottom bargain?
i believed at the ipo that 40p + was the target, as BoD were onboard for that... so, having got in at 30p one copes with 20p... then when that drops you add, thinking 15p is a bargain...
then DS comes onboard with his own sales pitch... the sp hovers at 12p and you really think this'll take off again as oil strike is imminent... so you add... then we hit oil... and nothing... and the price drops but you're sure it's only temporary... at 10p you add because even 12p is easy to hit... but it sinks to 8p... so you sit on it waiting for that cpr and jv... but we get a nothing rns saying 'yup, oil's down there' and placing becomes the topic of the day.
then we're at 6.8...but it's got 12p stamped all over it, surely?
well, that i's it in a nutshell... how literally everyone in the history of AAOG is caught on a paper loss waiting for a decent rise to reconsider.
fairly sure you can repeat that story with most aim stocks.... only difference being at what point in that story you buy in and maybe sell?
hardly... always been nervous about this ahare... not because i know anything others don't but because the price kept dropping.
i still hold here but just wish i didn't.... not sure about the placing price now... could be 6p, could be 8p for all i know.
noone's got a clue here, with all the supposed wealth underground... just suspicious that DS chose not to release the actual details. but i suppose he could just as easily be forcing the sp down to capitalise on it... aim companies offer remarkably little info, considering the money trading it.
no need to crow... if the shoe was on the other foot you'd be the one conveniently disappearing, never to be seen again. plus, your opinion costs nothing so, unless youre spread betting, you gain nothing from being 'right', in this instance.
if you were that clever, you'd not need to be ponding the keys here wbut would be chilling on your sunseeker in south of france!
for all that research and info shareholders have been royally bent over by this one... lack of info from company is embarrassing.
i knew 20p would never be reached again but i never imagined that 12p would be history too...
attached to his head, roped to some spod and thrown into a deep well...
what tf does that fat f***er do all day?
if only that applied to the mining and not the share price.
not hard to see this into the upper 5s today or tomorrow as there's absolutely nowt on the horizon to push it up. and, even if there were it'd only bring it back up to yesterday's close.
miserable state of affairs...
gla.
so happy to have added today... thought i was clever getting the low post jan spike only for it to plunge... amazed that y'day's rns didn't correct the price... thought this would have had a 1p support by now... got to be coming in the short term... if it drops from this cheapie price i may have to throw some more at it... can't see anything other than total inability to contue being the issue and that's surely such a small possibility at this point...
gla.
year end for circum... maybe... meanwhile, funds needed to hobble to that point and a bit of optimism. but what'll the price of prem be by then?
it's true what they say about roaches... can survive anything, even the destruction of this company.
you can only make the same case so many times... if what you're saying is right then just be content that you'e not in and everyone buying in this morning and watching the sp creep up over 9p today are living in a fool's paradise!
or, even if you're right, get in, ride the wave and then get out before the 'disaster' strikes... not point being a curmudgeon... the regular few who've defended the sp, well, it's their turn today.
just buy in and sell at 9p... easy!