# Eurasia mining confusion

**URL:** <https://community.trading212.com/t/eurasia-mining-confusion/12841>\
**Category:** 💬 Trading 212 chat\
**Created:** [July 9, 2020, 8:35am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841 "2020-07-09T08:35:17Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:35am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/1 "2020-07-09T08:35:17Z")

</div>

Does anyone know what’s actually going on with EUA???

Was 4p months ago shares suspended just reopened now at 14p ???

How does that work ??? Like did someone buy millions behind scenes or did they just say Yh add 10p a share on 🤣

---

<div class="post-metadata">

**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 9, 2020, 8:37am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/2 "2020-07-09T08:37:32Z")

</div>

Neither of those, I think. This is just a (somewhat protracted) instance of a share being priced at one level at one time and another level at another time without occupying any of the intermediary price points. Aside from its protracted character, what’s unusual about that?

---

<div class="post-metadata">

**Author:** ![Scrooge\_McCodf](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/scrooge_mccodf/32/18951_2.png) [@Scrooge\_McCodf](https://community.trading212.com/u/Scrooge_McCodf)\
**Post date:** [July 9, 2020, 8:37am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/3 "2020-07-09T08:37:59Z")

</div>

It closed at 7p not 4p.

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:39am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/4 "2020-07-09T08:39:01Z")

</div>

Just how it was 4p shares were suspended for clarification on some business relationships and now its 13p… I just dno how that works haha I might sound dumb but yh

And my bad 7p! I should of known I’m up nice on them haha, on freetrade

---

<div class="post-metadata">

**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 9, 2020, 8:40am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/5 "2020-07-09T08:40:26Z")

</div>

I’m a little unclear about what’s confusing you here.

But as an aside: why is there a number in your name?

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:44am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/6 "2020-07-09T08:44:02Z")

</div>

I don’t know 🤷🏾‍♂️ Dont u find it strange no one has been able to buy or sell any shares so how has the price rose? Like did it just come back on like that

And most would say I’m the 1 😂 haha joke I don’t know tbh, I’ve got it on others that I had to put a number in the username so I just copied it

The reason it’s Medici is because blockchain haha if u know about ripple/xrp there hq is like the medici era and a main baron who was a Medici is high up in ripple, the Romans are back to take over I’m just making sure they know I support em 🤣

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:45am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/7 "2020-07-09T08:45:00Z")

</div>

Even ideanomics changed there subsidiary to Medici motors i was like wow 😂🤔 it’s a sign

---

<div class="post-metadata">

**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 9, 2020, 8:46am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/8 "2020-07-09T08:46:38Z")

</div>

Yes I know about the Medici family. I did a little bit of history way back when.

I was mainly confused about why you appeared to spell it with two 'i’s at the end in both your name and your Instagram.

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:47am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/9 "2020-07-09T08:47:31Z")

</div>

Same again username had to be certain amount of characters I just thought 2is haha

---

<div class="post-metadata">

**Author:** ![Ashige](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/ashige/32/2777_2.png) [@Ashige](https://community.trading212.com/u/Ashige)\
**Post date:** [July 9, 2020, 8:49am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/10 "2020-07-09T08:49:24Z")

</div>

Stock was suspended pending clarification about relationship with other company (buyout or some other kind of partnership) price of PGM matters as well

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:52am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/11 "2020-07-09T08:52:06Z")

</div>

I know but then how has price rose? If I can’t buy or sell or no one can wouldn’t it come back on as normal price

---

<div class="post-metadata">

**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 9, 2020, 8:52am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/12 "2020-07-09T08:52:39Z")

</div>

No. It would come back on at whatever the opening price on the day it came back on was. And a lot can happen in the time it wasn’t trading.

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:54am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/13 "2020-07-09T08:54:48Z")

</div>

But how can an opening price be higher if no one is buying to make it rise? I might be coming off stupid here but I just don’t get it 😂😂

---

<div class="post-metadata">

**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 9, 2020, 8:55am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/14 "2020-07-09T08:55:35Z")

</div>

People are buying it. At the time it opened.

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 8:56am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/15 "2020-07-09T08:56:17Z")

</div>

Fair enough now I understand now just was confusing

---

<div class="post-metadata">

**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 9, 2020, 8:57am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/16 "2020-07-09T08:57:37Z")

</div>

So one thing to keep in mind is that the opening price is the _first_ price at which the transaction takes place on that day, rather than the price of the _last_ transaction that took place before the open.

---

<div class="post-metadata">

**Author:** ![Ashige](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/ashige/32/2777_2.png) [@Ashige](https://community.trading212.com/u/Ashige)\
**Post date:** [July 9, 2020, 8:58am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/17 "2020-07-09T08:58:24Z")

</div>

@revelcsi1iicidem here is good enough article about that

> **[Why Don't Stocks Begin Trading at the Previous Day's Closing Price?](https://www.investopedia.com/ask/answers/139.asp)**
>
> Between the closing bell and the next opening bell, a number of factors can affect the attractiveness of a particular stock and its share price.

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 9:08am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/18 "2020-07-09T09:08:46Z")

</div>

I totally understand allll that just confuses me during night when everyone sleeping is it say “pending orders” that factors in before stocks opening etc…? in the book (forgot name) buffet talks about he says you can determine whether a price is going to go up or down by simply calculating the number of buyers and sellers.

---

<div class="post-metadata">

**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [July 9, 2020, 9:15am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/19 "2020-07-09T09:15:55Z")

</div>

A stock will gap or gap down from the previous close for a number of reasons.

If you place a market order before open you will be vulnerable to this.

In your thread that was closed earlier where you placed an order for “banco de sabadell” before open and executed at 8:00 you can see the gap up from the last candle.

[![](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/1/1dc8fb31d65fc4699fdd8b16cf23cff7e07c3bc7.png) ](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/1/1dc8fb31d65fc4699fdd8b16cf23cff7e07c3bc7.png)

Here’s a closer showing you got bang on the open.

 ![Screenshot 2020-07-09 at 10.17.07](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/2/2bef113638cb9c81441e46c4fd19fd9d4e80e194.png)

---

<div class="post-metadata">

**Author:** ![revelcsi1iicidem](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/revelcsi1iicidem/32/4016_2.png) [@revelcsi1iicidem](https://community.trading212.com/u/revelcsi1iicidem)\
**Post date:** [July 9, 2020, 9:19am UTC](https://community.trading212.com/t/eurasia-mining-confusion/12841/20 "2020-07-09T09:19:09Z")

</div>

I know I need to stop buying pre market without setting prices my own fault was only a tenner as I saw they stopped last dividend for this year so I can take my time now with adding to these, I think there wayyyyyyy undervalued but we’ll see! Another is CEMIG like 2dollars a share and they have like 4 billion revenue and like 2 billion income 🤣 pay a dividend to it’s like what

[Next page](https://community.trading212.com/t/eurasia-mining-confusion/12841.md?page=2)
