Xstrata is a major global diversified mining group. Xstrata maintains a meaningful position in six major international commodity markets: copper, coking coal, thermal coal, ferrochrome, vanadium and zinc, with additional exposures to gold, lead and silver. The Groups operations and projects span four continents and seven countries: Australia, South Africa, Spain, Germany, Argentina, Peru and the UK.

            Red = 25 day moving average.           Green = 200 day moving average.

SALES PER ACTIVITY (Data as of 31/12/2005)

Coal:       42%
Copper:    25%
Zinc:       18%
Chrome:   10%
Vanadium: 4%
Others:     1%

A positive for XTA

Reuters

METALS-Copper hits 2-month high on China demand hopes

02.09.09, 12:20 PM EST

http://www.forbes.com/feeds/reuters/2009/02/09/2009-02-09T172030Z_01_L9238389_RTRIDST_0_MARKETS-METALS-UPDATE-6.html

Will copper recover sooner than people think?

A review of what is happening in copper supply suggests that losses in output through closures and project abandonments may be sufficient to turn the market round quicker than many analysts would seem to contemplate.

Author: Chris Welch
Posted: Tuesday , 17 Feb 2009

http://www.mineweb.co.za/mineweb/view/mineweb/en/page36?oid=78568&sn=Detail




http://www.mineweb.co.za/mineweb/view/mineweb/en/page36?oid=78568&sn=Detail

huge drop here.
something to do with the rights issue no doubt

Yep it was predicted, its no suprise.

Stock split/similar or whatever they call it these days.

Stay clear at the moment because huge protest by shareholders because of XTA's decision to acquire Colombian's Glencore.
And rights issue is not a good option.

certainly wouldnt buy them H98.

You short?.

Rights came out at 210p...of course, I'm shorting.

oooooooooooooooohh you are brave.

Or maybe a fool I am. Wish me luck.

You will probably need it H98 given the volatility of that stock.

Cant remember a stock so volatile over the course of a day during december and january.

It gave me and some of the lads over the road grey hair in that short period.

Not sure how quick it is now, but best of luck.

does anyone know if xta has had its rights issue yet ? 350p seems very low on this stock.

Subscription for rights @2.10 per share to be in by 5pm. 10/3/09 at selftrade.

thanks steve52.

It was around 650 before the announcement. %50 fall for improving cash position.

Autonomy issued shares at 3 ish when it was 450p. After taking over another company, it recovered to its highs and passed to 12 now.

PE =3
By the way, GE credit rating is cut, but share price moved up just 10%. Not fair!

I think it`s the last day to take up rights at 2.10p

Have you taken up?

not yet.

When can the new shares be traded?

Monday 18 March