ANGLY {now listed as AAUKV after switching primary listing to London on May 24 with secondary listings in South Africa and Switzerland]
Mike, you're to be congratulated for the listing on your web site. I wish I'd seen and acted on it then...great call. I bought on Jim's suggestion [thanks Jim] at about 36 after looking at fundamentals that were unlike any gold stock I've seen.
Just prior to symbol change: stocksheet.com
Concerned about a shortage, they issued additional shares...news excerpt: <<Shares in the mining house started firm but fell back during the day, knocked by gold bullion's fall to a 20-year low and the company's decision to place an additional 12.6 million shares to avert a potential stock squeeze.
Anglo -- whose interests span gold, diamonds, base metals, coal and industrial assets -- retreated from a high of 33.40 pounds to end at 31.90, valuing the firm at 13.0 billion pounds ($20.74 billion).
That should win it a place around No. 21 in the FTSE 100 index, forcing tracker funds, which account for around 15 percent of the London market, to buy it heavily.>>
They're performance verses other golds has been stupendous and I suspect that after this "Sell on the news" reaction and the absorption of the shares, that there will be a run up into the June 15th listing. At that time, I'll reevaluate. |
