Why is the price so low for such a cert2 Feb 2024 12:51
“Those shares are getting mopped up. If they have a buy order to fill they will always find a way to drag the price down. Optimism shouldn’t be based on the share price”
“You might think I’m being unrealistic thinking the SP is being manoeuvred to fill an order but I have just watched it happen on another of my shares. The price continued to fall despite obvious strong buying over weeks"
Seis you might have a fantastic knowledge of geology but I find your comments on the reasons for the depressed current price of ARCM quite remarkable and as questionable as your ability to see whats actually deep underground in a remote part of Zambia (and Botswana)
The price has drifted down consistently over the past few months, despite what should be positive news, because investors aint got confidence in ARCM or its Directors.
-----------------------------------------------------------------------------------------------------
"then suddenly up pops a TR1 for an increased significant shareholding!"!
For goodness sake, look at the quantities of the trades!! Its totally implausible that there will be a TR1 with anyone increasing their holding any time soon which is another reason the price remains depressed.
------------------------------------------------------------------------------------------------------------------------------
"and Anglo are very optimistic to pay what they did and spend so long negotiating for it".
FFS cant you comprehend that the £3.5million that AA have at present is absolute peanuts to them...