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Down 1k one day, up $10.75 the next. The cycle continues.
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anyone here hold FEX?
if iron ore can hold stable it's an absolute money printer, company basically completely crumbles when it dips past a certain point though
those are some sexy & tempting fundamentals though, fffuuu
I prefer coal (met) for that sort money printer to valuation play. I feel the commodity fundamentals are better.
I did have but sold out recently. Made profit but should have held longer. I feel the longer future requires another mine. Although they should be drilling a new spot they acquired this year.
Been holding since 18c. They paid a great dividend a while ago but had a bad quarterly recently. New CEO should breath a bit of life into them again. I’ve got a trailing ‘take profit’ set now in case of the crumble.
Well that was a pleasant day out on the markets. Can we do it again tomorrow?
So who is dumping AVZ and who is HODL???
Post mining liscence clarity is kicking in
So it’s a hold for you….for now?
I sold at 35 cents
Thanks for your sacrifice
I bought yestersay to bring my average down.
Will dump the dog if it gets back around the $1 mark. Too many variables with a 3rd world shit hole country.
Kinda thinking the same now
Up nearly 9% today.
Was nice to see some green again. 👍
Up 16% today….. :)
Epic. Well done.
What gave you the biggest gain ?
Thanks. ROG up 60% today but will prob turn to shit tomorrow as per usual
I’m only up 2%. Give me one more day like this so my portfolio can be green again.
Hopefully tomorrow is a another green day
After market took me from 14% to 6% but it’s the most green I’ve had in a month so it’s hard to be upset about it
Being up 7.93% for the day is pretty good until you remember that you're sitting on 87% cash right now.
When's that dip supposed to happen?
For a while, I really wanted to scrap ticker data from: [https://www.aph.gov.au/Senators\_and\_Members/Members/Register](https://www.aph.gov.au/Senators_and_Members/Members/Register). But some of the members' admin teams can't enter tickers correctly. And sometimes politicians, like Peter Dutton, list their interests via their holdings companies. Which I guess is fair game, but is of no use to us.
Anyway, I decided to read Anthony Albanese's stuff. And he has included every little bullshit thing he has been gifted. Like cheeseboards and "health product" samples. And then I came across this gem:
> $5 instant scratchie from Richard King of Radio 2 HD on 19 October 2020
spooky I also noted that the other day! but I was using this website: [https://openpolitics.com.au/member/anthony-albanese#gifts](https://openpolitics.com.au/member/anthony-albanese#gifts)
Interesting. Thank you for sharing.
That website seems to take the format of the PDFs and converts them to HTML.
A man of integrity I like it!
Up ~13% what a fucking day
Russia is declaring war on May 9th. News cycle was distracted with abortion law leak. They are pumping up stocks one last time before the big plunge on may 9th, when Russia declares war and western economists can blame the market crash on Russia, just as they have done for inflation etc.
Declaring war on who?
My very rudimentary understanding is that a formal declaration of war by Russia (as opposed to the bullshit label of special operations) by their own rules let’s them deploy their reserves, use conscription etc. More a symbolic gesture due to its intended timing though, as the govt is clearly morally fucked.
A big assertion
But from a day old account
Remind me next week
- my daily haiku
This is a bizarre claim. Where does this come from?
It's based on Russian V Day, big wank day for the military over there. Unsure if they'll commit to war because then it fucks them over on most of the global fronts and then they can't cry over sanctions internally.
But it's 2022 so who the fucks knows what's up next
Ahh LEL you magnificent bastard
180% increase on MAYO holding today. Beating inflation
Beating inflation just a tad ;)
Cameco earnings tonight, might be good news for uranium
**Some good buying for PRM and IVZ today, PRM Drill mobilization set to 16 May, which is the latest per their guidance, Spud around 24 May, and then 3 weeks to results.**
Invictus, just drop the farm-in already and the PPSA!!!!
**An update on O&G drilling for ASX companies ongoing and future as below** \- as usual, i tend to not include the majority of unconventional targets as I'm bearish on the need for high cost unconventional O&G, conventional though, is definitely getting scarcer and more essential. Especially with the threat of Greens or Teal Liberals holding the balance of power growing fast. The CSG in mongolia/SA, just isn't in my sovereign risk thresholds.
Same thing goes for small drills like Otto drilling a 10 BCF well. Subscale players aren't that exciting or rewarding, and have higher risk if it's a 1 project play.
**Format as below:**
Company - Prospect - Status/Date - Targets and Other Info.
**Upcoming Drills (in rough order of spud) - Highlights are what I'm watching myself.**
1. Central/NZO/Cue JV - Palm Valley Deeps- Currently Drilling - Targeting 75 PJ (50% CTP, 35% NZO, 15% Cue), 24% COS
2. Strike Energy/Talon - Walyering-6 - Currently Drilling - Appraisal Well, firming up discovery at Walyering 5.
3. Finder Energy (what a name, will have to change it if they miss) - Kanga - Set to spud in next week - 25MMbbl Target at 36% COS
4. **Prominence/Global/Western Gas JV - Sasanof - Set to spud last week of May - 4 TCF and 100MMbbl Condensate at 32% COS (25% for GLV, 12.5% for PRM)**
5. **Melbana Energy - Zapato - Set to spud in June - Targetting 21 MMbbl net at 23% COS**
6. Strike Energy/Warrego JV - West Erregulla 3 - Set to Spud in June/July - Re-entry - Firm up their 2P by upto 200 BCF, no COS given. (50/50 split)
7. **Invictus (this subs chosen one) - Mukuyu (formerly Muzarabani) - Set to Spud in July Targetting 5.7 TCF and 147 MMbbl condensated at 10% COS (before the IVZ gang come with their pitchforks, that is their best case estimate, P50, which is what the majority of the other drillers use, I'm not sure why Scott insists on Mean, because that isn't standard for the ASX drillers) - No update on farm-in or government stake, We only know so far, IVZ will have a maximum of 72% stake (if no farm-in and somehow no government stake). They've agreed with Zimbabwe Sovereign fund to allow 10% back in return for the bigger permit, that is not the PPA agreement yet.**
**If IVZ says gives away another 20% to Zimbabwe and 25% to Cluff for all costs covered for 2 wells), that leaves final at perhaps.. I assume current partner stake will be diluted too.**
**ZIM SWF - 10%, Zim State PPSA - 20%, Cluff - 25%, Current Partner - 9%, IVZ - 36%, so net target of \~2TCF and 50MMbbl of condensate. If anyone has further info on PPSA likelihood resource share, please let me know.**
**Long time away or no concrete date yet.**
1. Invictus - Well 2 - Set to spud in Aug/September? Not a 100% on the date - No resource target announced yet, expect 2-4 TCF and more liquids prone, so more condensate? COS will depend heavily on Mukuyu. Is the downside protection if Mukuyu fails.
2. Central/NZO/Cue JV - Dingo Deep - Early 2023 (2 wells) - 49PJ (50% CTP, 35% NZO, 15% Cue) 19% COS
3. Santos/Melbana (royalty/payouts) - Stairway - can't find a date or anything on NOPSEMA - Likely spud in Aug/Sep 2022 - undisclosed royalty
4. EOG/Melbana (royalty/payouts) - Beehive - can't find a form date, already filed with NOPSEMA a pre-drill seabed assessment - Likely spud in late 2022
5. Bounty (lol this meme is back) - Cerberus Permit - Targetting Q1 2023 - Targetting 257MMbbl over 3 wells (LOI signed for Q1 23) of which they are currently 50% owners, will likely need a farmout, can't see them yoloing 3 wells.
6. Carnarvon - Pavo South - Target H1 23 - 17MMbbl Target a 51% COS
7. Buru - Rafael Appraisal Drilling - Late 2022/Early 2023 - Appraisal Drilling to firm up, looks like 125BCF and 5MMbboe Condensate with upside to 0.5TCF potentially.
8. **Pancontinental - Saturn Fan - 2023 Target - Plans for 2 drills in 2023 being discusses, but farm out is still being discussed with "4 Majors in the data room" - Expecting seismic late this year, early 2023 if farm-out goes to plan. Current prospective inventory of 80% of 2.8Billion barrels of oil, likely to be upgraded after seismic, at 5% COS (lol, this will definitely be upgraded this was from before a source kitchen was shown, and 10+Billion and 2+ billion were hit next door).**
9. Melbana - Alameda Testing Well 2? - Will probably need to redrill with the current well not suitable for testing - Plans for a 2023 one seem to be the word, but they may accelerate to H2 if they feel urgency for development.
10. Norwest - 2 Appraisal Wells at Lockyer, and Exploration Well (unspecified but at "Lead E") in 2022 Oct and Mar 2023 respectively - Size is similar to Lockyer from early indications, but seismic in H2 22 will give clearer indication of trap depth.
11. 88E - Icewine - 2023 P&D Season - If you have a serious case of Stockholm Syndrome, i'd avoid this crap personally though - Planning for 2023 but need a farmout and a raise to boot - 75% of 1.2Billion Barrels prospective, as they've finished flogging the dead horse which is Project Peregrine and returned to Icewine... If it's unconventional they target, don't even think about "investing".
12. Global Oil - Helvetica - No firm date - 5% of 200MMbbl at 20% COS. Gives some downside protection post Sasanof.
Some other O&G Minors like TEG and TDO planning but these are pie in the sky at the moment. There's ofcourse your Shale/CSG/Unconventionals like Armour/Tamboran/Elixir/Jade/Kinetiko/Galilee, explore them if you like a bit of edge.. Major players like Santos/Woodside/Chevron drilling in NW WA, but the scale of the targets isn't enough to be a catalyst so not included.
Owned Disclosure - Pancontinental, Carnarvon, Melbana, Invictus, Prominence, NZO and Strike/Warrego. Carnarvon fail at APUS is definitely the worst moment, and PCL's neighbours finding tens of billions of barrels my favourite (though they still need to go drill and find some themselves).
***For what it's worth, my favourite three are Pancontinental, Prominence Energy and Invictus, but I also like Pistachio Icecream over Mint/Choc so don't @ me.***
Edit afterthought from below comment, also corrected PPA to PPSA:
***GLV, PRM and IVZ all have pretty interesting value propositions, IVZ hype i think is helped by it retaining a larger share 36% vs 25% vs 12.5%, and I think them having a fall back drill helps them too. That said, it's still surprising to see PRM <30M, and GLV under 60M, while IVZ is already at 190M. If anything the COS at Sasanof is much higher, and the source kitchen is proven, with Mentorc filled to spill, but that's the game sometimes.***
Oh nice, thanks for your work on this. The most are unknown to me. Too many companies out there. Will check out a couple based on your list.
But I do like that one of you favs is PCL too. Have just recently entered with a small holding I'll increase with more confidence.
It’s kind of interesting how this sub is obsessed with IVZ but you barely see PRM / GLV mentioned.
Sure IVZ is (potentially) larger and has a higher share but it’s still a monster opportunity.
For clarity - it’s a 12.5% (PRM) or 25% (GLV) share in a 2U Prospective Resource of 7.2 Tcf gas and 176 Million bbls condensate (P50) (with 32% geological chance of success).
I hold some GLVO and some IVZ so don’t listen to me - just an observation about this subs patterns.
Just to clarify, Sasanof's resource on their licenses is 4TCF, not 7.2TCF, still massive though, and i agree, the 2 are undervalued.
GLV, PRM and IVZ all have pretty interesting value propositions, IVZ hype i think is helped by it retaining a larger share 36% (i've updated my assumption for calculating this above) vs 25% vs 12.5%, and I think them having a fall back drill helps them too.
That said, it's still surprising to see PRM <30M, and GLV under 60M, while IVZ is already at 190M. If anything the COS at Sasanof is much higher, and the source kitchen is proven, with Mentorc filled to spill, but that's the game sometimes.
Comparing the 3:
PRM - 0.5 TCF and 12.5 MMbbl condensate @ 32% COS - $26M MCAP
GLV - 1 TCF and 25 MMbbl condensate @ 32% COS - $55M MCAP
IVZ - 2 TCF and 50 MMbbl condensate @ 10% COS - $190 M MCAP
COS for Sasanof from above
COS for IVZ from above.
Good correction! Thanks. I was lazily quoting the total sasanof prospect but you are correct about the net prospect per licence area.
And yes I think people substantially overestimate (or don’t fully understand) the chance of success for IVZ in particular. Like, don’t get me wrong here I hold it and hope. But it’s a lottery ticket.
This is some big brains stuff, I don't pretend to understand it, but thank you.
Clarification on the IVZ number used -
P50 - 50% of estimates above the stated figure vs Scotts favourite, Mean, which is an average of the 3.
In IVZ's case Mean differs from P50 heavily as high case (P10) is much higher than P50/90.
P90 means 90% of the estimates exceed the P90 estimate. It does not mean that the estimate has a 90% chance of occurring – that is a very different concept.
The central limit theorem indicates that the P50 estimate has more chance of occurring than the P90 and P10 estimates.
I think P50 helps keep the expectations level, and adds a bit of conservativeness to all the figures.
25% day for MAY. What a good pig.
Finished up 9.7%... give it all back tomorrow?...
Today is your comments tomorrow ..and for my portfolio, sadly you were so right :(
Maybe next week. Depends on US market. Interest rise is commonly known as a killer of the stock market. Today seems more like a bull trap.
Had some self control today, sat back did nothing . Watch how tomorrow and early next week play out
3.5% up for the day pre-Barry. Made up about 3/4 of yesterday's falls. We'll see... (Friday tomorrow they tell me too).
At what price do we officially become Invictards?
$1 you peasants
hopium levels already too high
$1 end of month or blisser does a turd in some mans sink
c'mon, ride the train, hey, ride it
c'mon, it's a Choo Choo train
If I win the election what will happen to the stock market?
We're all fucked
My election platform: the Australian government now commits that all public spending goes to buying lithium, uranium and technology dog stocks… and it buys all of this through a ZIP facility so that those retard bag holders get some joy in their life.
That level of spending might (I emphasis, might) be enough to save ZIP
Are you ScoMo or Life Ain't Easy?
No, I’m Creative_Gain5902
4DS is becoming the king of grey stocks
Just as a note - The guys from Stocks Downunder (I'm not a member) ditched their 4DS investment on April 28th as they were concerned the re-run of the upgraded wafer etching process seems to be taking longer than initially thought. The delay in communication to the market was what happened the 1st round.
Fair enough, i know shit all about the stock, just been checking the charts since it climbed back to .9 hoping to find an easy swing trade. Nothing is ever easy though
Why do DD when you can have 4D
The money burning enterprises are starting to fold now free money has dried up.
Yeah it's going to get brutal out there, be interesting to see if companies like Canva can hold out. If you're in tech and your company has been doing lots of raises I would be looking for a more stable growth company personally
Should have YOLO'd into BMN instead of PEN. The swings on BMN are fucking insane.
EL8 is the biggest dick swinger.
Momentum is the engine behind a moving stock-price.
Pen seems to continuously lack momentum any any direction, as it has for last 24months.
Where BMN has the leverage and management play that gets the funds always moving. PEN needs a left field announcement like an agreement with department of energy to see any real shift out of idle
TIL i hold BMN toooo all thanks to you punt\`!
PEN is the VML of U stocks
If the US keeps looking to shore up domestic supply I think PEN will have it's day
Yeah PEN will prevail.
I’m balls deep in PEN for this exact reason. Going to absolutely tear when it does
Days like make me think it's all worth it, one green day makes the red week bearable...
I lost my virginity to a photo of Scott Macmillan. No one else I'd rather lose it to
Yeah that pic gets around, See me on the back?
Yeah talk about erectile dysfunction. Flipped her back over and finished within seconds straight on Scott Macmillan's left eyebrow.
I just edited my average price manually for the first time in Self Wealth for the IHL loyalty shares and it got me wondering why I don't just change all of my holdings to have an average buy-in of, say, 0.01 because when you do that and you click save, the red goes away and you're left with these mad green gains.
That is 10 levels above anything I'd ever be capable of hypothesising.
Sure, the rally in the US after rate rise is nice but I still see pain ahead..
IXR updated Sprott report.
Il cum my pants of this shit sees 17c
Small thinking my friend.
nah i reckon it will go higher i just have a problem...
Omg what the actual fuck is happening to RMC right now?!
Ok thank fuck it bounced back a bit. But still…
Nup. It’s gone again.
This whole self-thread ^ reminded me of Will Ferrell breaking his leg off that cliff in Austin Powers.
Does ROG Ann mean they have 10 time oil than they claimed ?
maybe /u/chzakalwe can asplain us?
If you're scrolling and come across this let this be a lesson in conviction
I hate you so much.
can we coin the term after you?
example: person 1: "did you see XYZs announcement this morning?"
Person 2: "yeah don't remind me I've gone and done a chZakalwe"
Peson 3: ".......long $ROPE?"
It has that much more oil if it is oil
It would be funny if it’s not. Please let it be.
How long do you usually hold a dog stock before finally giving up on it and accepting your losses?
I've got at least 5 stocks down 70%. Most of them went down so fast I couldn't catch them. I think I'd use a 30% down rule before culling now. You can always buy back in.
\-30% with no near term upside insight then it gets cut.
No questions, no emotions, just taken out back old yeller style
Will be holding KLL til I die
Until they relist and I can actually sell them
real dog HODL
fake dog sell at once
VML back up to my average buy price... why do you hate me so?
Nice to see lithium gambolling about.
I queried Livent's AU$4.Xbill valuation a few weeks ago. The stable geniuses abroad have decided it might actually be worthwhile putting a decades' old profitable lithium operation well above specs. 30% last night. Livent has now flagged total Argentinian production of 100ktpa LCE by 2030, and ironically, *moved away from* its hybrid DLE model to a conventional evaporation play to preserve capital ([Ctrl+F evap](https://ir.livent.com/news/news-details/2022/LIVENT-RELEASES-FIRST-QUARTER-2022-RESULTS/default.aspx)). Currently, at $7bill, it's a pass for me.
New [DLE comparison table](https://imgur.com/a/9N5da2J).
I saw some cautionary news yesterday, but with everyone feeling abused, it didn't seem like the right time to post it.
Lifun Tech have come from nowhere with a sodium battery. It uses a hard carbon anode (graphene), with a power density of 140Wh/kg. LFP and ternary (nickel) batteries are 180 & 250 respectively. A small volume of commercial sales are being filled June, with production in earnest next year. They're aiming to boost the power density to 180Wh/kg for the next gen.
Sodium batteries can be discharged to 0%, are safer, and probably less than half the cost of lithium ones right now. Logic suggests they'll dominate energy storage systems in a few years' time. They'd need to achieve 180Wh/kg to be used in EVs though.
I just want to harp on again about the cyclical nature of lithium, and how a plan to hold for years can easily come unstuck if you're not paying attention. The rakish Asxautist posted a pretty incredible [profit on PLS](https://www.reddit.com/r/ASX_Bets/comments/rr3pvk/pls_a_year_in_review/?utm_source=share&utm_medium=web2x&context=3) a few months back. He purchased it at 11 cents in 2016, went up 10 bags by 2017, then nearly lost all of it in 2020. Thankfully for our comrade, Ken Brinsden had a baptism of fire with Atlas Iron, and used that experience to steer PLS through the hard times. The now resurrected AJM wasn't so lucky.
Not having a shot at Asxautist: just a reminder of how dramatically things can change if you're not wary.
On the positive side, Platts posted a [market update](https://hotcopper.com.au/threads/good-news-bad-news.5973628/page-9945?post_id=61159615), including commentary from 'market sources' (haha) that they don't see Chinese LCE spot prices dropping below US$60k/t in H2. That's arguably a BMX 6% spodumene price of \~US$5k/t (\~$4,600 SC5.5), which is more positive than I'd thought for H2.
But it depends on MIN. They still have the power to offload into the spot market and dampen spodumene prices, which would take a few months to filter through to carbonate/hydroxide. Ellison hasn't indicated how big the Wodgina stockpile is. I find it amazing that he allowed MIN's post-HY SP to be tied up and kicked off a cliff while having no less than US$30mill worth of lithium sitting in a warehouse.
Chinese companies have been on holiday so there's no weekly price update.
Sad seeing ASN languishing at current prices, with management not caring to accelerate their drilling to add more resource to their current minimal amount of Lithium brine
Agreed, it's now May '22 and ASN have failed to accomplish what should've been done during 2021. LEL are now within touching distance of their market cap.
On the plus side, the slow pace means people have been able to chase profits on other stocks and come back for a gamble on ASN at their leisure.
I own a small amount LTHM, wanted to add more, but no spare coin. They’ve got quite a lot going on.
Nice, I briefly toyed with the idea of grabbing some a few weeks ago, but put it in the too-hard-basket, especially with those opaque multi year contracts. Guess that was a wrong decision.
I think Lowry makes some good [criticisms](https://www.linkedin.com/posts/jplowry_lets-put-the-livent-capacity-plans-in-perspective-activity-6927587186791915520-NG8B?utm_source=linkedin_share&utm_medium=member_desktop_web), but overall they're looking well positioned, and safer than a lot of the speculative plays, especially given the rising rates environment.
Sodium cells have poor cycle life. They'll be ok in big systems like mini grids or that chonk thing in south Australia, but we won't be seeing sodium batteries in phones anytime soon.
I see sodium cells sold alongside lithium, not instead of
Does the anode still use graphite?
Solid state batteries are all about the electrolyte more than the anode/cathode.
Some use iron cathodes etc.
Varies across different approaches and technologies
Tldr: yes. Or no. Depends on the implementation
That's what i thought, also due to size and weight they are better as batteries for a home, apartment block or warehouse. Store excess energy created and use it as required.
I haven't seen how many cycles Lifun Tech's 1st generation sodium battery can do, but they're aiming for over 4000 on the 2nd gen.
That'd be plenty for a phone, but a question mark still hangs over the power density for portable electronics for sure.
I'd give it a few years before deciding what sodium is capable of, especially if lithium remains elevated.
I wouldn't put it past lithium gang to organise some assassinations of engineers. Just saying.
Haha I feel like it could be a little greedy to ask for more than 2 years to profit off lithium stocks. If it continues into 2023/4 then nobody's got any excuses.
As Metasynaptic said, it's a supplementary thing, not replacement anyway. Pretty sure that & sodium was discussed in the comment section [here](https://www.reddit.com/r/ASX_Bets/comments/oz28m2/comment/h7zyjnu/?utm_source=share&utm_medium=web2x&context=3).
Fuck ZIP. I had all my bnpls grouped nicely at the top of my watchlist with Z1P at the top. Now I have to scroll all the way to the bottom to see it. Hope your company goes bankrupt.
Their management squandered their 2nd place opportunity big time
WAKA WAKA GOING OFF! IVZ 🇿🇼🚀
Free Hold triggered on IVZ what a good day .Still bullish on IVZ
Have you taken your money off the table yet? I’ve bagged but I’m thinking about letting it ride for the course of this month…
I only took out my initial investment amount but I do this quite regularly in order to have cash on hand for other opportunities. I have not intention of selling the remainer of my hold until post drill . Regardless I’m either at 0 gain or at a win (sure tax but already got my cgt disc on hold )
Puts on my portfolio
There's still time for a red friday friends!
*Edit: Fucking downvote me. I dont care.*
I’m red! By a fuck load.
Thanks, RMC. Can’t believe these cunts were at $2.80 not long ago and my dumb ass was hoping for $3.50 so I didn’t sell. I’ll be lucky if they go back to $2 at this rate.
lol @ the CEO of CI1 paying himself more money than the CEO of NAB
$10 mill market cap vs. over $100 bill, seems fair
my troll on the HC got no bites. everyone too depressed.
they all too busy accusing each other of being paid by either the company or its competitors, it's hilarious
I feel bad, no further trolling for me there....
If anyone is holding a stock that isn’t green today, then it truly belongs in the dog category.
"Do you hear that, HACK? You're a dog mate. Dog. Cybersecurity my ass."
HZR for me
Come on twiggy do a take over and get them out my portfolio haha
I stopped myself from looking because I was worried it'll be the same as yesterday but it's still going. Up 3.75%, kinda makes up for me being consistently shafted by CE1 and BRK
as per my bet specifications:
# the whale LIVES
u/mcfucking \- strike it off! 🦄
I may be looking at you with a smile but I'm still thinking "cunt"
First "higher high" for BRN in a hot minute! Tide shifting?
IVZ 30c party 🥳
Unga Bunga 🥁🥁 waka waka 🎉🎉
Well boys and girls...
Looks like I'm stinking about for a while longer
The whale is saved from an early retirement
Much love to you all.
Great work, I had faith.
Now please do one for IHL, EXR, and everything else in my kennel.
i apologise for my earlier statement.
Ok. You’re back in.
i was out?
We’re a fickle bunch, but quite forgiving on green days
Waka Waka! 🎉🎊🎉
30c. That is all
LRS back from the dead
The journey has just begun
Was there a huge sell wall for IVZ or something?
Ahhh I see, he is saved!
where is the cetacea carn? take a bow
MFG going for another jog. Maybe todays FUM update means the bleeding is over 👀
They picked a bad time to get rid of the the blurb about net inflow/outflows, but isn't the only reason their FUM decreased due to the change AUD/USD exchange rate? I.e., first time having net inflow in forever?
that's a wrap folks.
How good is it when some rich fucker wants to get their grubby little hands on your stonk.
Hovering around a 3.3% gain for the day after a slow start. Best my portfolio has performed since I sold LKE at the start of April
Yassssss whale boy lives!!!!
omg 30c just got wiped IVZ!!!!
Save the whale! waka waka eh eh!
Fuck yeah we get to keep our favourite sea creature!
2 weeks of losses were reversed in a single day today...if this holds by 4pm I have a choice, close my positions or hold on hoping for 💰
“Always hold. Never close” - warren buffet I think
MAY up 21% 🚀🚀
30c IVZ babyyy
He looks happy in his meme
You’re up Fish
WAKA THAT WALL
I know what song I'll be listening to tonight
No one wants to buy IVZ at .30?
My wife: when are you going to give up checking your stocks every 5 minutes
Me: NEVER! Never Marge! I can’t live the buttoned-down life like you. I want it all! The terrifying lows, the dizzying highs, the creamy middles! Sure I might offend a few of the blue noses with my cocky stride and musky odours. Oh I’ll never be the darling of the so called “City Fathers” who cluck their tongues, stoke their beards and talk about “what’s to be done with this Homer Simpson?”!
My wife: Look just put your phone down okay?
Me: but it’s green today