Great day for AZS up 33% on SQM investing $20m at a premium. I had been tempted to add sub 20c at times but with low funds assuming an upcoming cr at a discount put me off.
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General Markets Talk
- Thread starter Jimmy_the_Gent
- Start date
- Tagged users None
Coal overnight WTF???
- Sep 30, 2012
- 2,583
- 2,962
- AFL Club
- West Coast
- Other Teams
- Subiaco Lions, Ferrari, Minardi
WHC shares will take a hit because of that you would think. Been massive growth from $2-$3 in the last 12-15 months but thats gotta hurt the SP
I hold 3 inside the top ten haha.
I got FLT, LTR and NXT.
Geez the 14% Flight Centre is just epic and it's been like that for ages. If they eventually ever take off (sorry) there will be some mad scrambling to cover them which would give it an extra kick.
Haven't read about properly yet but I see they are raising to buy a UK travel company.
Haven't read about properly yet but I see they are raising to buy a UK travel company.
Market doesn't mind the FLT move.
RandB
Brownlow Medallist
- Sep 9, 2007
- 16,606
- 12,797
- AFL Club
- Melbourne
- Other Teams
- MUFC Norwood
Anyone considering ELD at sub $10?
- Sep 30, 2012
- 2,583
- 2,962
- AFL Club
- West Coast
- Other Teams
- Subiaco Lions, Ferrari, Minardi
Been watching MEI for a few days now. Gone from 2c to 15.5c in a month and a half. Crazy.
"Investors who held shares at Monday’s close will have the opportunity to apply for up to $30,000 worth of Flight Centre shares for $14.60 apiece or 2% discount to the volume-weighted average share price over the five trading days up to, and including, the SPP closing date. (Whichever is lower.)"
Given that it is now trading at $17.57 unless it drops you would think this would end up being over subscribed.
Given that it is now trading at $17.57 unless it drops you would think this would end up being over subscribed.
Nothing
Norm Smith Medallist
- Jul 30, 2009
- 9,111
- 14,312
- AFL Club
- Fremantle
Psilocybin and MDMA down-scehduled has seen EMD and LGP (and no doubt others) jump 50% today. LGP had been in a funk for a while, hitting near all time lows a couple of weeks ago.
Anyone looked at DDH (DDH1), specialist drilling services provider. A lot of their work is with gold producers, another way of going long in the commodity instead of buying a miner.
Taylor
Community Leader
- Moderator
- #3,842
Be careful there, obviously not to be considered financial advice, but as far as psilocybin use goes for depression treatment... it's not a continual use. The anecdotal accounts I've come across speak of a dose when at the end of the road which reset their brain and they moved on free of needing to take medication for their mental health.
It's not a sustainable business model to cure, so although it would be good for society and the world, it might not make companies much money even if there is a burst of initial demand.
Just my take on it, good luck to everyone.
RandB
Brownlow Medallist
- Sep 9, 2007
- 16,606
- 12,797
- AFL Club
- Melbourne
- Other Teams
- MUFC Norwood
I've been keeping an eye on them for a while. Should have bought this 6m ago, oh well.
I submitted DDH as a request on 'The Call' lol.
Will re-read it tonight but I'll start buying towards 90c.
Gigantic
Brownlow Medallist
EMD was one I've had on my watchlist for a few months. My understanding is they are the only listed company with studies on MDMA atm? This TGA announcement came out of almost nowhere, despite the years of campaigning, was very surprised by it.
Nothing
Norm Smith Medallist
- Jul 30, 2009
- 9,111
- 14,312
- AFL Club
- Fremantle
I think they're one of the more advanced hence the massive bounce. 63% in a day. I don't hold them but were a peer I had been following.
Looks good imo but would have to pay around $1 atm trading strongly.
- Jun 12, 2012
- 20,534
- 65,312
- AFL Club
- Port Adelaide
CNB on the comeback trail, up 40% in the last month or so.
- Coal stocks fell as Coal prices lost ~6% in Asia, Peabody (NYSE: BTU) in the US was down ~9% overnight. Whitehaven Coal (ASX: WHC) -5.85%, New Hope (ASX: NHC) -4.91%.
- A big line of Whitehaven (WHC) stocks went through just before the close. ~$336m worth at $7.90 which was below market – clearly seller-led, probably GQG – not many funds with such a big holding.
- Sep 2, 2014
- 16,668
- 32,003
- AFL Club
- Hawthorn
- Other Teams
- Liverpool
Was a victim of the hype train imo. So many jumped on when it rocket shipped and quickly realised it wasn't sustainable and bailed out. Don't see it going below $1 ever again.
If you can hold for at least 5 years I think you make some tidy profit on this. Would not be surprised to see it taken over by a bigger miner when their exploration comes to an end.
