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BAS has been pretty insane last few weeks weeks. Really good day today. Fair value? 60-100MC?
So what’s the process of getting paid out for ESS? First timer.
You’re posting the the pre market thread. Details in my commentary in my comment or after the u/asx__bot
Am I dumb for buying more RNU today? Buy-side is still stacked.
>Am I dumb we can know for sure in hindsight.
insertWHCmeme.exe/feel_like_complete_shit_just_want_WHC_back_at_ATH
Everyone back in the office today for most industries. Wonder how much money will be pumped to meet this months KPIs lol.
And cumsex cant keep up with the retail demand. Keeps crashing
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Cowboys is apt !
Time to hop on the Droneshield bandwagon again after being fucked over by management for the last 3 years?
Hard to fault your dd
Better than most tbh
ESS TAKEOVER 50c
I was hoping for 60 but can’t be too greedy.
Such a lowball offer
They were obviously desperate…I would have thought pioneer dome was worth more than $136 million alone… directors must think their other tenements are crap…
Is it me, or am I seeing a reverse cup and handle pattern on PLS?
Looks to me more like a typical reverse-Stegosaurus wedge to me?
'member when UBS slapped a target of $2.80 on them when they were >$5.30 Cunts also had a target of $18-19 on AKE too.
6 month chart looks like a mountain range slowly going up and then slowly coming down, with 3-6 Jan looking like a snake raising it's head while it slithers forward
I'm seeing a blue tongue lizard in there somewhere. Very auspicious.
you see what you want to see with TA
Green
BAS indicative pricing looking spicy AF
Looks like we'll hit 0.89 today based on premarket depth. Let's see if we can hold it there.
Was there an ann? Why the sudden buy?
No announcement. Lots of anticipation about Santos Beanbush announcements for the nearologists.
Hell nice hey. Bought a chunk of oppies at 0.01… interested to see this play out…
What do neurologists have to do with BAS? Are they going to perform a brain surgery? LOL.
NEARology. As in Santos is having success in the area, so people believe anything nearby will also be successful.
A 200% gain today would be much appreciated so I can live mortgage free. Thanks in advance.
You forgot a 0 for the rest of us
Struggling at work this morning.. I am once again asking your help SYA. 50days til production cmon you bastard !!!
Goodbye ESS, you will not be forgotten o7 IGO (Greenbushes) paid $136m for 129,920t of Li2O (50c T/O) equating to $1046/t Li2O. I think many identified it was clear the ESS board never had any intention to take this to mining with the pace they were going
Does this help Surge recover from IVZ?
WR1 got him back into the green from his IVZ loss. He's over in Banned right now.
I don't really know much about either company but $136m seems kinda...cheap?
I tend to agree, but the resource was done. They couldn't find any extensions and when they infilled it for a higher confidence MRE the grade actually went down. ESS' management took too long into the lithium pricing boom to capitalise on the hot market. I made [this comment](https://www.reddit.com/r/ASX_Bets/comments/105i9ry/comment/j3bb8r2/) yesterday talking in general about the sector: > A good resource will always be noticed regardless of who is managing it. The difference between good and bad management is poor management will likely fail to capitalize on maximizing shareholder return before the resource inevitably gets taken over.
I bought in before that dome announcement, hoping for something a bit better - but I couldn't agree more. Since buying it - I've seen management just absolutely sit on their fucking hands. Gotta be aggressive in this market - I think this takeover has always been the strategy, which is fine - but I probably should have read the play before I bought in. Lesson learnt - I'll make something, though small, out of this, which is fine in the current market.
They have a really significant land package too, which I think where the value proposition lies for them, which they failed to explore until only recently. Maybe they'll blend the Pioneer Dome ore with some of the high grade from Greenbushes? Although I'm unsure of deleterious elements in ESS' deposit, and then feed that into hydroxide.
50c a share. I would have liked higher, say 60-70 - but I'll take it to be out.
I have a small parcel at 20c, not bad i guess goodbye ESS
I might just break even! 😀😅
It's not done yet, still needs to be voted in. Unlikely, but there could still be another offer higher.
Yeah I would be watching for MIN or AKE for a potential counter-offer.
Now I've read this, I feel slightly stupid for selling at a slight loss for 47.5 Made sense at the time as it's way higher than last week, and I can put the cash towards something else.
Not guaranteed but a IGO offer was not what I expected
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don't bother wasting your time it means fuck all
https://au.investing.com/indices/australia-200-futures
+110 nice!
Just remember futures don’t always translate into the actual market movements on open
ESS acquired for .50c. Not the outcome we wanted but a gain is a gain.
Vhm - gloves come off for first day of trading at 12:30 going to be a little tantalising for the latest rare earth play filled with big names
Usual pump & dump games over the first week or so likely
KLL is up 70% in 5 days for no discernable reason. No announcements or anything. It is a relatively unsexy potash mine. Could be about to dilute shares again?
Pilbara (PLS) and Liontown (LTR) Liked em both, think they're too cheap after the Jan 3rd drop, thinking I'll put 5k in each. Pilbara is expected to do a 30c div too.
Yeah I’m thinking about chucking 10k at PLS.. they are looking juicy right now
I'm now skipping LTR. They aren't doing anything but building this year, so I'll keep an eye on them and invest later. I think PLS will have better returns, they're more stable, and I believe they will do a $0.3c div. I'm expecting them to be $5 in 6 months. LTR I keep flipping on, they look good, I could have gotten them in July for $1 and I didn't lol. I was chatting to my local beer guy, his advisor had them put 20k in LTR and that would've been 1-2 months ago at $2, feels bad man.
Long Term Relationship
Agreed. Wish I had 10k spare ATM Also, that's like a 7.5% div; big, if true
Literally looking at them now and comparing if PLS at $4 (expected 30c div) and/or LTR at $1.40; wondering if I should split or double-down. PLS is generating $, they readjusted their Lithium offtake with Tesla to market rates (yay), and the expected div makes them very attractive. LTR is slightly ahead but won't start producing $/lithium till 2023/4. The closer they get to production though, the closer they'll get to \~$3-5. Granted, lithium will flux this year before demand/production/cost starts to settle for 2024, so might try and snipe Liontown when there's a lithium glut/dip in the market, probs after June/EoFY.
>PLS is generating $, they readjusted their Lithium offtake with Tesla to market rates. PLS renegotiated their major contracts recently which is a big positive, but I don't think they have a contract with Tesla? I hold PLS but admit I'm not across all details, big amounts of money just come through the door. PLL recently renegotiated spot-price with Tesla, and LTR have an existing offtake with Tesla also linked to hydroxide pricing. I expect LTR will be producing first-half 2024 CY.
Yeah my bad, getting confused as I frantically check before open lol. Edit: Also, you'll stop buying please. At 9am PLS was 360k ahead at $3.96. Now it's 1.7mil.
Management announced in Nov 22 that the board is looking for a Dividend payout ratio of 20 to 30% of Free cash flow from FY 23 (expected that Free cash flow for FY is likely to be above A$ 3 billion). A dividend of 30 cents is expected for FY 23. **I** expect an interim dividend of 10 cents will probs be announced with half-yearly results. *1 Free cash flow is defined as statutory cashflow from operating activities less tax paid/payable less sustaining capital less capitalised waste mine development* Pg.35 [https://newswire.iguana2.com/af5f4d73c1a54a33/pls.asx/6A1122751/PLS\_PLS\_2022\_AGM\_Presentation](https://newswire.iguana2.com/af5f4d73c1a54a33/pls.asx/6A1122751/PLS_PLS_2022_AGM_Presentation)
Wow, that's a monstrous dividend.
Mixed bag on offer today, couple of possible standouts (Neuren)
Mixed bag, cocaine and ket
Calvin Klein
All in on Creso Pharma...
Possibly Nurofen
MAY!! Let’s keep on going!!
I funking hate how the ASX dives on a Thursday because the US shit the bed. Then, the ASX is cleaning the shit on Friday. But Friday then rolls around in the US and they've bought a whole new bed only for us to be left out to dry said shit sheets for the whole weekend. Some cunt better make my bed 10:00 am Monday morning, or I'll shake my fist at the clouds!!
Buy on a Thursday lunchtime. Sell on a Monday "smoko" time. DYO rolling 'brah. Yo.
Automod putting in the work tonight
Auto-mod is playing search and destroy with HC infiltrators…
To be fair, HC is playing bitch and ignore with the r/ASX_Bets ~~infiltrators~~ shitposters.
Only just saw those +2% futures. Time to refill the bag of copium I need to huff
Thats from Friday, futs are closed currently
Quiet you
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If you haven't seen dysons air cleaning noise cancelling headphones count yourself lucky. The future is bleak
Yolo Dyson?
All ords to finish above 7400 tomorrow or a week in the slammer. u/username-taken82 u/mcfucking
You know you can just ask to be banned right?
Lacks the masturbatory sensation.
Sold. Got this one u/mcfucking
🙏
Expecting a continued run with BAS this week ahead as we draw closer to an announcement from STO about PEL182- potentially a 21TCF a bit of a wild card but let’s see what happens!!
Held BAS for over 7 years LOL..It better deliver
That's some mega patience. Good luck.
What kind of monster am I working for? Meetings set for 9:30am and 10:am on monday. How am I supposed to focus on the markets? Considering chucking a sickie.
When do you take a shit after the morning coffee?
I'm a 7:45 man myself. It's like my ass knows I'm almost at the office.
Any employee that attempts to schedule 9am meetings should be bot-fired on the spot 🤐
How do you know you have meetings? That was your first mistake.
They are so inconsiderate. If they could just pay me money and leave me alone that would be great.
Wednesday 11am Q4 CPI, consensus apparently 7.3%, I suspect markets are pricing in that November 6.9% in more than a 7.3% - so a 7.3%+ probably doesn't bode well and could trigger some pretty big downside. That said anything 6.9 or under will probably be rockets as the fundies and media are already pressuring old lowe to pause or do a mini 15bps and this would embolden that view.
There’s no pause - 25bps is as good as done
You sound as sure as the people who locked in 50 when they first dropped to 25. Our RBA are the most dovish of all central banks and even had pause on the table last meeting according to their notes, its not off the table this meeting. Implied rate is 3.2 for feb, so not baked in there either. If CPI comes in very cool im not gonna be shocked at a 15bps or pause in feb at all considering their history.
If that’s the case then what RE stocks look good?
11:30am non-Radelaide time
Topped up on PLS last week Now just need to wait for their next earnings report
When are PLS going XD for the first time?
That’s our signal to sell boys
"The best time to sell PLS is never" - Winston Buffay
I like his reggae choons !!
No no.. if he sells, I buy more! More!
Epic weekend catching and cooking up fresh abalone 🤌🤌🤌. Now let’s see some mullah!
[mullahway](https://imgur.com/a/iLma3qm)
Good eating?
Top of the list
Did you catch that? If so then well done, those fish are a pain in the ass to catch.
Not that one but have caught one night fishing before. Good fun bringing it in before the sharks get it.
Beach? Boat? Shore? Good job!
Boat
Catching they don’t move very fast
Chicken of the sea
Welcome back to the Casino boys 💸🤑
"Will we all make money on Monday or will Barry defeat our dog shit stocks once and for all ? Find out next time on Dragon Ball Z!"
You should get all your stock advice from the aerobics girls pre 7 Any of the shows on cheez TV are just left wing propaganda
🐉🥎🇿
TMR went into a trading halt on Friday pending the release of significant assay results. I’m hoping the drill hit so much gold it counteracts all my other poor performing investments- I’m looking at you IOU!
WR1 Chart and fundamentals looking the goods. Could see $2 + real quick.
Dunno why the downvotes. It’s the new LKE!
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Because they're a HC retard. Look at their 1 other comment in their profile, which got clapped by AutoMod. 7 hour account which only commented on the 🤠 post. Successful bait taken.
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Lol, thanks for the heads up 😂
PumpsnFarts Edit: Automod to the rescue!
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Sharts
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# GREEN FUCKING MONDAY !!! Yeeehawww
Buy at open, cry at close This is the way
Hold at open, cheer at glorious green close. Wonder why you didn’t sell the next deep red day.
I prefer to buy high sell low
Started a new job for an asx company last week and their policy mentioned something about only being allowed to buy shares on dates around the AGM. I’m confused how this is different to just pumping the stock
Which company ?
Probs Myer
Haha that would be a foolish thing to publicly reveal
They didn’t say anything about selling right?
Only about not shorting the stock
Let me know when to buy thanks in advance
Depressed as fuck today. Need ASX to make me rich
Then you can be rich and sad. So far all i have is sad
Look at you, half way to achieving your dreams already!
Accurate
Maybe next year then.
New to this sub and keen to hit 23 running hard. I’ve traditionally only invested in boomer stocks which on average nets me ~10%+ (CBA/QAN) but at 31 I’m keen to start taking more risks for reward. What’s your top stock suggestion.
AZY-big year for gold
ANL. It’s everyone’s top stock suggestion on asx_bets. Nothing ANL can’t do.
MAY even after the last months pump I feel like it has alot of upside to go especially if appraisal in late Feb / early march is good
How deep are you now, 4 mil shares?
2.7m plan on adding another 200,000 - 300,000 Monday then I'm done buying for a while. It would be nice to own 3m shares depends on price tho
You've done well, any particular sell target price set? My first buy was at 15 cents 🤡 averaged down but that really hurt when i down ~70%
I am happy to hold for a long time (a year or two lmao i am a short term trader) if the appraisal goes well. My hope is if the appraisal goes well MAY recently hired a lawyer experienced with mergers / acquisitions. If a big oil company like EXXON / CHEVRON etc came and bought them out (completely possible this is the biggest appraisal in over a decade) I could see 50c easily. $1 is absolutely dreaming but its astronomical gains are possible when acquisitions come into play. Long story short probs sell half if it gets to 50c and buy a house and be very very happy and slowly sell from there if it continues upwards
$1350000 😎 Can you adopt a grown ass man?
Not my top suggestion, but if you are feeling a higher risk appetite then LRD for sure is a nice pick. $6.32m market cap speccy looking for lithium (very close to a big boy on the asx). Due to drill soon after finding lithium anomalies in the area ;)
[This is the Google doc with everyone's 2023 pick of the year](https://docs.google.com/spreadsheets/u/0/d/1RYHGpB11ouBpyV2cLIq15GRt7SnKldoSvxYoO3o5O0Y/htmlview#gid=0). Obviously nothing in there is financial advice and there's about a 95% chance we underperform the market because we have about 70% of the whole portfolio allocated to speculative mining.
Gimmie PSC plz. I don't trust forms with my google email.
You're in.
Thanks! 🙏
Motherfucker. You had ALL week and now you want to tell me after I closed it? ^(fine)
Add a sort filter for row 1 please
I think you should be able to input temp filters yourself if you [click this button up the top left](https://imgur.com/a/qP82CXQ)? Can you report back
I believe you made the google sheet view/read only so we cannot make any changes. Or maybe my google sheets is fucked (firefox)
That was on another browser with no login, otherwise I'll try mess with it after. I just don't know what level of input I can allow without someone trying to fuck with the sheet
u/TrampSwaps CRYP? Please explain.
We're here to gamble aren't we? It's got some good exposure to US tech, it's like a NASDAQ without all the shit. It's got paypal, visa, intel, IBKR, iris energy etc. Then it's got super conservative indirect crypto exposure, which I believe will increase by the end of 2023. It's perfect for this.
Fair. They’re all pretty small allocations in the portfolio though. What about the bigger holdings? Galaxy, riot, coinbase etc. they’ve all been ripped lately.
This isn't the place to get deep into crypto chat, but I might do a DD post on CRYP in a few weeks to show why I think it's a good gamble on the ASX for anyone wanting to diversify away from mining specs but still keep similar upside.
I might read it and average down.
Personally think crypto will see more downside by the end of 2023. I'm waiting for tether to implode before touching it
And another 10% in speculative pharma/biotech.
I'll see if I can figure out a way to pull what companies have reported a positive EPS to work out just how speculative this list is.
This is epic dude. Nice spreadsheet skills.
((AKE + PLS)/total) x100
Check recent posts, wowveryjosh is running a thingy qhere everyone picks a stock, so there's a tonne of suggestions in there.
Start small, there's some good stuff on here but its mostly memes and gambling.
Roll the dice in this Casino my friend.
Rnu
Oh dear. A word of advice. Maybe invest in the bottom stock suggestion here
Bottom stock? Yep it's another vote for ANL.