UK 20:53 Tuesday, 27 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On Tuesday Metal Tiger (MTR) issued 36.25million new shares at 0.8p to raise £290,000. According to the company this placement was in response to an unsolicited approach by a group of investors. Metal Tiger has a growing number of fans and it seems there are plenty of people in the market who want to get behind this business in anticipation of a recovery in the mining sector.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
wildrides
Its an investment vehicle . Just invest direct and cut out the middle man . I dont believe the story about the placement and in any case 290 K is peanuts . Its shite that got lucky on a couple of trades thats all .
TROYSKA
Bull market in mining? Really?
You’ve been on too many of those legal highs mate….
“That’s right, a profit – in the worst and longest secular bull market in the resource sector in living memory.”
VINES
tiger resource finance is the same breed
Ben Turney
@Wildrides – so cynical! Might I suggest a little more background research. The performance of the Direct Equities Division isn’t just luck. I’ve been meaning to buy this one for a while. It is one I am going to take a long term view on.
@Troyska – Damn. Correcting now. Thank you.
genuser063
I was liking the story until that investment in NEW.
I wouldn’t have invested in NEW at the time. But the “middle-men” did.
No more “middle-men” for me!
Craig
Nice buy from the chairman yesterday. £240k!