There is a risk if you sell and buy into your ISA thet the price can vary between the transactions, you also lose money on the bid/offer spread.
Talk to your bank - mine (Lloyds) were able to transfer a holding that I had by selling and buying into my ISA at the same time and price, for a small fee.
Obviously this depends on the nature of the news.
After having 18 spells of price monitoring since 4th Dec (6+ 12 extensions, and others before that) the BOD will be under pressure to either announce some real news or announce that they are not in possession of any information that might be fuelling the rapid price increase (in my view, the most likely).
In this case the suspension is most likely to be hours, rather than days. If not it's likely to be days - no on would want their shares suspended for longer unless there was a likelihood of a serious drop in the SP. GLA
Too many investors in AIM have expectation that are far too high and, frankly, unrealistic. Don' expect a 1849er gold rush.
I would make two points:
1 Gold in the ground only has a value when someone digs it out and extracts the old. So, no matter how good the drill assays, there is only a potential value. This may be selling the claim to another company, a joint venture or raise the money to extract the gold yourself.
2 Gold does not generally occur in great quantities nuggets, it is mostly tiny specks of gold within a matrix of minerals. Of course there can be exceptions:
https://www.bbc.co.uk/news/uk-england-cornwall-47041314
I think today's rns is very good news and I'm sorry that so many investors expected more. I am holding (although I wish I'd sold at 0800 and bough back in an hour or so later!).
ATB
Smokey,
I did a bed and ISA deal through my investment service run by Lloyds/Halifax. They did a deal with one of the dealers/MMs to sell and buy back at the same time and price (no spread). It only cost me a dealing charge.
Better luck with next year's ISA allowance.
The reason is fundamental to how the stock market operates. The Market Makers are people/firms who agree to buy and sell shares as and when investors want to invest/divest. Without them we would find it difficult to trade - to sell we would have to engage brokers to find someone who wants to invest in the same stock. The MMs have to make a profit out of this, which they do by using the bid-ask spread. In the case of THR not only is the share price low but also most transactions are of low value; even a purchase of 100,000 shares is only worth �2,000 and many trades are tiny. Also it is fairly obvious that most THR investors are short term investors, if not day traders, and the spread is also used to discourage short term buying and selling - it's hard to make a profit when the spread is 25%.
Is anyone else getting messages coming up (I only get it when I enter this website, and usually only when I first enter, repeat entries are "clean")? The warnings suggest that my computer is infected and that MS can clean it for me (at a charge) or, today's variant, that I have a version of Windows 10 old that is out of date and will start deleting my files unless I pay Microsoft or, rather, the scammers to fix it. My version of Windows is up-to-date and I have had several McAfee virus scan since getting the message.
In re my email of 9th March. A number of these larger sales look to me like investors crystallising gains to make use of their CGT allowances before the end of the tax year. We should expect more sales of this sort between now and 5th April, especially when there is a bit of a rise in s.p. such as we've seen over the past two days.
We should also be expecting a larger number of sales over the next 3-4 weeks as investors crystallise gains (or losses!) before the tax year end to take advantage of CGT allowances. Then there should be an increase in general investing as people take advantage of their new tax year's ISA allowance. This, of course, is for UK investors only. Oz has a different tax year.
BBC World Service "The Elements" series, this one on Rare Earths: http://www.bbc.co.uk/programmes/p02rnvf2 The World has been concerned about China's near monopoly on these important and exotic metals. That is not to say that they only occur in China, far from it, but few other countries have searched for and exploited reserves.
A large spread is also designed to deter day traders. It's much easier to make a quick profit when the spread is small and share price rising; with a large spread (currently 33%!) you need a pretty big increase to make any profit at all. I am in a holding position; so I am not really interested in the ask price, or the mid price, as quoted. It is only the sell price that is important in valuing my holding. We should all note that even when these shares were bumping up nicely a few weeks ago, the bid price varied much less and showed much smaller growth.
I have published the link to the BBC World Service web site for their programmes entitled "Elements" previously. However, they are so useful for investors in mineral exploration that I will repeat the link, specifically for Lithium. The World needs lithium, especially for current battery technology, and it has limited availability at present: http://www.bbc.co.uk/programmes/p021syjk
Hi V2020 et al, Here is a link to ASX share price site for THR: http://www.asx.com.au/asx/share-price-research/company/THR
V2020 and others, You might be interested to listen to this BBC World Service podcast from their Elements series, about Tungsten and its industrial and commercial sues and value: http://www.bbc.co.uk/programmes/p0239kq0 The rest of the series is also fascinating. Professor Andrea Sella is a brilliant exponent of his subject, Chemistry.