Share Price28 Nov 2018 10:38
Until this weeks RNS there were days when there were no trades registered for AYM.The euphoria has already died away and as I predicted on Monday the SP is almost back where it started.Due to years of inactivity this stock has been off everybody's radar,Brokers/Dealers have millions of shares on their books and until such times as demand outstrips supply the SP will remain below 2p.With 177,000,000 approx shares in issue we could be in for along wait to see any tangible returns on our investments.Another RNS will provoke another spike then die away again.It will not be till the stuff starts coming out of the ground that the SP will get into double figures (at least two years away).Short termers will always make a few bob due to the volumes they acquire,me I've held for a number of years and top up now and again.I'm looking long term with the expectation of a 50p plus SP I might be deluded but live in hope.AYM is only a small part of my portfolio so happy to sit it out.