Member Info for SteveJones999

Well done- i do hope the deal falls through and haven’t yet found another brilliant, stamp duty free as good as this one trade daily

Could be an interesting gamble to load up close of the day before the results…

they should be very good based on what we know already.

However, no one on the outside the exact timing of when the deal will be struck- which makes it more complex and a tad risky if you don’t want Anglo stock and the complications around holding this.

GLA

Https://uk.finance.yahoo.com/news/plunging-6-7-4-weeks-133506579.html

Look at the what's happened to the price of the shares you get since the deal was struck (% in cash and shares), plus add a bit in for risk of failure.

The markets.

Alas religion is and always has been a source of comfort to some but also for some a means of imposing their views on other to control them for their own personal gain- people are people and no different to animals in their subconscious, built in competitive nature for self preservation, gene pro- creation and so on, it was ever thus, and always will be.

Pa i hope it does then i can buy back in at a lower price day trading again without the risk hanging

Of course the deal will go through

Copied from another board- but just demonstrates the precarious nature of mining in certain places...

EDV down 7% as I type.

Https://www.reuters.com/world/africa/burkina-faso-plans-withdraw-some-mining-permits-junta-leader-says-2024-10-05/

Just demonstrates the risks with mining companies.

Hence the initial drop in gold and ensuing impact

Hi Sotolo,

because if the deal fails it will likely be for a negative reason, and dependant on the nature of that reason will denote the impact.

as previously consistently posted i think a fall through on this deal is highly unlikely , and if for a positive reason, eg another bidder, the sp will rise.

i’ll repeat- for me id sooner miss out a rise than risk a whack on a drop.

yes other pm’s have rises since too and again, as posted, i’ve taken advantage of that, whereas here sp has barely moved- this happens in a lot of cases when a sale is in progress.

so in summary i did well to sell and ride the wave on other pm’s, profits way higher than just sitting here without the stress of the big risk, however unlikely (and as you know i got caught by the wall :-().

i will not hold this one for this risk.

Then sell- if the deal falls through without another offer this could hit 120

I sold too for the very very unlikely risk of it falling through and waking up one morning to rns which would cause the SP to drop significantly- unless it was for a better bid, but I think this is not very likely as not heard a thing.

It all depends when you are happy with the recent big gain and would be more annoyed with a big drop than missing out on a potentially big gain.

Only you can decide.

Good luck on whatever you do.

They NEVER always (PM's and other stocks for that matter) move down the same every day and up the same every day!

But the trend is generally similar each day based on gold/silver movements.

As I said after the deal was announced, if you think the deal with could fail without a further higher bid in then sell- this is why I why I did, as happy with the big jump and would be more miffed with a loss due to a fail than missing out on a gain, should it fail for another bidder- the risk is there no matter how slight.

The choice, as always, is yours...

GLA.

Anglo i mens i’m the below not “am”

Am go down 2.6% pre market

Other PMs suffering similar, gold is a clue.

ADVFN report as a sell, this forum as a buy.

In my experience, may no diff.

UT makes no diff.

Good weekend all.