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I have been monitoring the BUY trades over the last two weeks. Virtually everyday over that period there were regular purchases of �10K+ a day, sometimes two, three or four BUYS a day. This seems to have abated, maybe some PIs have been position building and now that this demand has stopped the SP has fallen.
Siko, Like casparoni I too don't post much, I just don't have enough knowledge to add to the debate. It is good too here from your and trust your endeavours in Egypt are progressing well....... on that last point I've lost the link to your Crowdfund site, please cut and paste your link onto this board, I have a contribution to make (care of CEY Divi payout of course......)
Please ignore my last post it was complete RUBBISH. Posted on wrong Board .... Sorry
I have just had a look at the TRADES since 12/Apr. They are all identified as SELLS when in fact they are all BUYS, Including the latest "SELL" which is fact one of my BUYS..
Hi Hank... In my calculation the 3.26% refers to the number of shares hitherto owned by LOMBARD on behalf of their clients - not the total number of shares issued by AVESORO (81,560,260) which runs out at 0.36%
Lombard Asset Management (Europe) sold a total of 3.26% (I.E. 321000 shares) of the shares they hold on behalf of their clients by Thursday 12th April . PS I am not sure when the reporting period over which the sales were made began.
The RED/SELL and BLUE/BUY trade labels are not reliable. The best way to tell BUYS from SELLS is to look at the actual BUY/SELL price for each trade, if it's near the bottom of the spread it's a sell, if near the top it's a buy. A pain in the butt buts that's it I am afraid. Many complaints have been lodged about the misidentification of BUY/SELLS but to no avail.
I am with Halifax and HL, have mot had time to check yet. Also with Barclays - well with them I dare not hold my breath for fear of expiration!!
pot2 - I think it best to use the Buy/Sell figures on the IRON Share Trades page (2.3 / 2.5) this give a Spread just shy of 9%
The last two RNS's are encouraging - significantly reduced Losses and nice Grades from the Infill. Masumara where are you?
Nice article on Bloomberg concerning Egypt and other Frontier Markets https://www.bloomberg.com/news/articles/2018-02-20/value-seekers-waking-up-to-frontier-stocks-tundra-fonder-says
Carzy777 - Word of warning - it's not good practice to Cut and Paste passwords. Some Spyware can read your clipboard (it's were the computer "stores" the Data you cut before you then follow on with pasting it).
I have not been able to post for a while but have always been invested and read this BB. Like everyone here I am also sad to see SIKO go, we shall all miss his Sterling! efforts. Also sad to see Josef retire, I am sure we all hope that he has a long and happy retirement. Although he will no doubt keep his hand in with the Australian Gold Mine investment. Now that Josef has retired from Centamin I believe that his large Share sales of Jan/Feb 2017 was all part of the plan. After all retiring AND selling a large number of Shares around the same time would have been perceived by some/many as a vote of no confidence in CEY. mrboonboong - To view elbalad in English click the ICON in the Banner Line (top left hand side of screen) The ICON looks like an American Flag with �EN� on it�s right hand.
PS In April 2015 I bought Fundsmith Equity. this one has given me a 60% gain over the past 24 months. It's a Fund that has a heavy N.American bias so I may decide to sell out in 2018. But first I want to see how Trumps Corp Tax reduction has to play out. This could see as much as $4 Trillion dollars repatriated to the US, a one off tax grab of circa $700 Billion dollars. However after that he may experience a backlash from his more impoverished supporters. Anyway as far as FE and FEET are concerned I am waiting to see what the New Year brings for the US and Indian economies, best of luck to all in 2018
Agreed they are volatile, I was fortunate to buy in April 2016 and have experienced the ups and downs but currently show a gain of 26%. Now doubt this will move up and down as the months pass but in the medium/long term I believe, given Terry Smiths track record and skin in the game, it will be up.
Hi musamura - thanks for that, sorry to see you go. I too have placed my trust in ASO now that it is under MNG management.
Amen to that. PIs should do the research and then invest, or not, depending upon their own risk/reward assessment. As for me, I lost with AUE (having done my own research) as did a number of Institutions - in part this was down to EBOLA and in part due to D Reading's self denial post EBOLA problems. WEvem when I was out I kept looking at ASO and eventually risked a smaller stake in late January of this year. As I posted the other day I am will continue to monitor news and look forward to the next 2 or 3 quarters results before deciding whether to commit any more. I think that the possibility of a Full Takeover/Squeeze Out is a receding possibility but I am conscious that it might still happen - in which case, almost 12months down the line, the minimum (i.e. max) SP will be circa 1.6p. PS If this is a success and somebody knows how to make a donation to the displaced villages please post here.
I think that after the AUE debacle ASO will need 2 or 3 more Quartely figures showing improvements in Ore throughput, AU recovery and Economic performance before they are viewed as an up and running Gold Miner. If that happens we should see the share price following the AU price .
just seen the latest Numis target of 3.4p, which coincidently is the option exercise price for the Staff incentive scheme.
See below for a general view on SA Junior Miners:- https://www.miningreview.com/features/bernard-swanepoel-talks-bluntly-junior-miners-south-africa/