AYN 0.00% 0.1¢ alcyone resources ltd

new holder - celtic capital, page-4

  1. 12,115 Posts.
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    Alongwith silver price we also have to notice the change in oz dollar price, so it's a win win situation.

    Two new substantial holders which one would presume won't start selling tomorrow which is almost 22percent of the company.

    The only question for me is the track record of this management. How they will manage this story? Whether they will destroy what is left in it which is indeed very little or whether they can pull it together, time will tell.

    The company went from almost 2cents to notice15 cents couple of years agobbased on same assets baking by strong silver prices.

    I have bought quite a few aynoa purely at these prices they looked cheap to me.

    Cheers
 
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Currently unlisted public company.

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