I didn’t know this was happening - thanks. Positive news could be the catalyst for a recovery. Alternatively, negative could result in further DP BBC anal penetration of every equity under the sun.
I’m hoping the former.
Do we think the AUD will weaken further against the USD? Also, what are some ASX listed companies that take their revenue in USD (Santos, Aristocrat Leisure, COH, RMD, RHC, come to mind, CSL also)?
I was onto this as well. Just a warning on Aristocrat. Which i didnt know and bought in at the worst possible time. But they have a big part of their operations in Ukraine and have had to evacuate staff etc. Share price has fucked me up. But war interruptions priced in now I guess if you buy now. Unlike when I got in.
Cheers for the heads up. Best wishes for your holdings also. I knew about Big Fish Games but had no idea about Pixel United (Aristocrat Digital) having 1000 staff in Ukraine, or Plarium or Product Madness.
I mean if I wanted cheap competent Devs I'd go to Ukraine as well, but that's a crazy amount of risk to have an unfortunate part of the world.
GRR - Iron ore/pellets. I imagine like other iron ore players, these guys benefit from a lowed AUD. Also their AGM today showed they've got about 25% of their market cap in cash alone.
If I could be any downer my first name’d be [Alexander](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcS3fkYwEDyHosh27evLyWK4so9cbJyAoPgdRw&usqp=CAU).
I held at one stage… wish I had the diamond hands on that one! First drill was ok too… my problem is that I don’t know what actually equates as good for palladium
First time to check the thread even though I’m on holidays and havent opened my NAB app.
A new tactic I’m gonna see if it works.
My stonks can’t go down if I don’t see it.
Has anyone noticed that SelfWealth app chastises you for taking a screenshot of the main screen and asks you delete it after...?
u/SelfWealthAus pls respond? So fucking weird lol.
Can you clarify? When taking a screenshot on the login or dashboard page?
That does sound weird. We've had screenshots enabled, so I'd need to check with the team to see if that changed.
When you take a screenshot of the login page with your current daily gain/loss (mostly loss, let’s be honest), a red warning box pops up kindly advising me to delete the screenshot hahaha.
I've officially done it, after being up 120k in capital gains for the FY in Dec am I now at a capital loss for the year. Checkmate ATO, see you next year suckers.
Broke it down a bit below, but 120k was basically just based off a single trade, but that wasn't realised tho. At peak I think I had 90k in net realised gains which was around Dec. Overall currently sitting on 115k realised gains, and 118k realised losses.
Mainly all of it was gained, and then subsequently lost on crypto. In particular, I was up $120k off a $8k trade late last year. To be fair, I think my peak realized crypto gains was about 90k, but I've got that down to 8k realised gains ATM by just keeping rebuying.
Shares is way more modest, currently have 11k realised losses, with a another 3k of unrealised.
Where is the HVY pumper today? He would be happy that that my day is now going to finish green thanks to last minute buying. Portfolio still bleeding red though overall.
Haha I see you are an ignorant types of person. Last 2 weeks check volume and price action. HVY literally made new ATH when market started going down 2 weeks ago and there was good volume some days more than 400k AUD when market was down like alot. You just want to look at the negative side and see it from your perspective that HVY is shit. You don’t have the ability to analyse stocks from world view. Shitty trader
Wtf I pumped lol you are dumb. Literally we added 3-4 substantial holders in last 2-3 weeks. It’s them pushing the price high. Again you missed it coz of your inability to see world view. Also, yes they have 2bil resources which equates to mcap after scoping study to get real numbers. And if you have some brain you van calculate it using RDG scoping study with HVY JORC which capital funds are doing hence increase in substantial holders. I am just bringing to notice in this sub. You are again stuck in your negative view against this company coz I am suggesting this stock. Wtf is your dumb reason no wonder you can’t read JORC☠️☠️🤣🤣🤣
I had to laugh logged on just when leaving work and an average day had turned to shit then checked when I got home half hour later and HVY pushed me green overall. Hope you are right but they haven't seemed to be affected much by it all.
Right, probably increase your holdings in HVY as it is showing resilience to the market drop. But again DYOR and only do that if you think it’s best for you.
Would have to ask my wife's boyfriend first as he is pretty pissed off with my speccy investment choices so far as profits were not realised and now I am only green overall on two shares ( JRL & HVY ). Don't want to sell any for losses too so can't free up cash at this stage.
This is one of the funniest things I've seen now in the [AVZ drama threads](https://hotcopper.com.au/threads/ann-arbitration-request.6739171/page-131?post_id=61341337). Every **second** fucking tweet is blocked.
How fragile are these cunts
There is a part of me where I want to see AVZ lose the majority in Manono just to see the absolutely sheer fucking calamity it would cause.
That morbid curiosity part where I want to see something go from $3B MC to $50M at open
I would normally say I don't like to see people lose money, but with how fucking arrogant/naive some of those dipshits are about their penny ShitCo's being the greatest company in human history... I can't help it
OK then you know it's essentially a market ETF. Which means it's normally best as a long-term hold, set and forget. You definetly don't need to check it daily or even reguarly.
If you're on ASXBETs I'm assuming you're not just invested in ETFs, because the stocks on here are the ones which require a bit more prudent checking on the announcements. There's no announcements/developments for ETFs lol.
What you're doing with DCA'ing is good, if you can afford it.
I'll try and put it in perspective for you: some US markets entered correction territory recently(-20%), the ASX 200 is down 7% year to date. Everything is getting smashed, 7% for a retail investor such as yourself is actually good by comparison. I'm down 20% in the last couple of weeks from my ATH.
It's funny, but the meme around here is actually true: "stocks go up, and down" It happens, think long-term.
No worries. It's easy to get carried away here and get emotional about stonks. I participate to vent (and because it's fun), but the reality is far different.
Markets flat in anticipation of US inflation data and a correction after pricing in the worst case scenario.
Tomorrow will be a green day (hopium speaking)
Back the truck up (my inner hc)
Be more like a 🦆 (redditor here)
I’m not sold, if it does show signs of inflation peaking, we green… any bad news, well…
All I know is I’ll be backing up the truck at these prices, dyor, gltah.
New [stake merch drop](https://www.instagram.com/p/CdZuWbQvy3O/).
Finally, a way to easily identify myself as a savvy investor (read: huge cringelord degen) to members of the public, without even saying a word. I'll buy all 4.
Looks like we'll finish in the green today.
Fully expect a big green dildo on the US markets tonight. It's sold off already into the CPI read, and it's so going to do the thing it did last week with interest rates.
Big Dildo tonight, we'll probably be green, till it turns bearish next week again till June.
Some stonk called JLG fell $2 yesterday (25%) and today MF has it as a recommended buy. Normally you see the uptick in the share price a few days before they recommend some new dog so this is different. Was up a few % today.
Do you reckon BBUS has a top 20 holder list? Like this bunch of narcissistic millionaires who have just parked millions into these inverse funds just waiting for the next world war to erupt so they can capitalise and then shack up with our widows after we’ve all died in battle overseas. Riding off into the sunset in their new super yachts with our former wives and kids calling them dad.. In the background on the horizon is this picturesque green haze from the radiation that 100s of nuclear warheads have released into the atmosphere.
Fuck me hey.. BBUS.
So true. I feel as though it would be a very “transient” short term list though. Those doggies can be nerve racking as hell to hold if it’s scared money.
My body clock would wake me up at like 3:30am every night to check what the Nasdaq was doing while I had my tallywhacker balls deep in SNAS 🫠
Nah if big players want to short something they do it straight away. They don’t need inverse fund. Considering trading volume this is unlikely.
Maybe some are participating SQQQ trading.
AGL released their demerger document and it's an absolute shitshow. From brief reading, they plan to:
1. Spin off their ageing coal generation assets into a renewable power investment vehicle (Accel Energy) which will ensure ESG super funds can't invest in it. This incredible shit sandwich won't even get bank support if needed due to our big 4 moving away from coal assets.
2. Move their commercial and retail wholesale business completely away from their generation assets. Not only is their pricing not competitive now, they won't be able to properly leverage their generation wholesale rates either as a separate company.
3. They want to be net zero by FY47.....
From the board photos, it looks like being 60 plus, white and bald is back in fashion. MCB won't be hanging about if the merger vote goes through.
If they keep their coal assets in AGL they won’t get any ESG funds… and if you want to accelerate the energy transition it would be much better having a company pursuing renewables that funds can invest in.
AGL is dead MCB or not, and the only way coal plants get shut down faster is bringing massive amounts of dependable alternative baseload generation into the NEM.
Seriously, everyone is just pissing into the wind over AGL whilst the energy transition goes on anyway.
I got out of this stock around the mid 8s due to the future conflict between the Board & MCB plus others as I believe it will only destroy the SP. I could be wrong & I hope for current holders I am.
Also want this.. but it would mean going back into the savings which are realised profit from other things. It's hard to give away the profit once it's been realised and especially when it's for a long hold.. I'll probably obsessively watch it hit the bottom and then go up again, then use the motivational powers granted by FOMO to buy it a bit too late.
I wasn't really asking but wondering if there was a dog in your PF to sell pre June 30 to enable a further take up of NMT but I see your PF is dog free!!
Last few days, some of the Biotechs are randomly getting pumped, weird turn, many have 1-2 year periods coming with 0 results catalysts, and some are actively selling shares to raise money.
Opthea is one such example, they are raising 100M directly on the market in the US through a direct share sale facility (so it's like a constant capital raising), so who's pumping these. Polynovo pumped 30% or something this week so far too. Hexima pumped 15% still a year our from results at this stage.
Near impossible for biotechs to raise cash with current market conditions, if tough conditions persist for years 80% of AU biotechs will go under, same thing happened during the gfc (2007).
Does this kind of sell-off happen every May? Or has this one been exacerbated by world events and inflation?
I need to explain to my wife's girlfriend why our house deposit is 12% down. O\_o
With eofy coming up yes (people fuck off dogs to claim losses and/or sell stock to pay for CTG). I remember last year being similar but yes interest rates are playing a part. Also the current tech sell off although was being called months and months ago. Just sit tight and maybe consider DCAing if you still like your stocks.
HVY has definitely dropped now all my others having green days. Doesn't make sense!
8.3 roentgen for US inflation figures. Not great, not terrible.
Higher than expected looks to be the commentary, not looking good.
Best buy lube tonight, it will be more expensive by 10:00am tomorrow morning due to inflation.
I'm too scared to log into my trading account so basically I'm just not going to do it
I bought today. Market will be green tomorrow. This is beginning of The Great Rally
CPI numbers at 10:30pm tonight. There's only one direction this market can go!
I didn’t know this was happening - thanks. Positive news could be the catalyst for a recovery. Alternatively, negative could result in further DP BBC anal penetration of every equity under the sun. I’m hoping the former.
I like to be taken out for dinner before DP BBC ANL penetration
You paint such a pretty picture
Green days are priced in, only red days from now on
And paid downrampers are the issue, nothing to do with China lockdown and Putin
Do we think the AUD will weaken further against the USD? Also, what are some ASX listed companies that take their revenue in USD (Santos, Aristocrat Leisure, COH, RMD, RHC, come to mind, CSL also)?
I was onto this as well. Just a warning on Aristocrat. Which i didnt know and bought in at the worst possible time. But they have a big part of their operations in Ukraine and have had to evacuate staff etc. Share price has fucked me up. But war interruptions priced in now I guess if you buy now. Unlike when I got in.
Cheers for the heads up. Best wishes for your holdings also. I knew about Big Fish Games but had no idea about Pixel United (Aristocrat Digital) having 1000 staff in Ukraine, or Plarium or Product Madness. I mean if I wanted cheap competent Devs I'd go to Ukraine as well, but that's a crazy amount of risk to have an unfortunate part of the world.
GRR - Iron ore/pellets. I imagine like other iron ore players, these guys benefit from a lowed AUD. Also their AGM today showed they've got about 25% of their market cap in cash alone.
If I could be any downer my first name’d be [Alexander](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcS3fkYwEDyHosh27evLyWK4so9cbJyAoPgdRw&usqp=CAU).
I see myself as a glass half full type of guy and will muse ‘The Great’
Did you see GAL bloody closed+200% I know some of you held. Myself not so much
I held at one stage… wish I had the diamond hands on that one! First drill was ok too… my problem is that I don’t know what actually equates as good for palladium
First time to check the thread even though I’m on holidays and havent opened my NAB app. A new tactic I’m gonna see if it works. My stonks can’t go down if I don’t see it.
manic week, everything going up 30% and more
I’m fucking pumped except a bit suss coz of your flair. Dodgy and delusional? Do they cancel each other out?
ohh I missed the part of its going up after a 40% drop you have a nice day now ya hear :D
Will do thanks!
Apart from MAY being a cunt, today was OK. I'll allow it.
My boyfriend gave me a reach around. Today change is +$199.36 love ya Baza.
I was -$600 Barry bumped me up to $130. Legend. Thanks to my biggest 🔴 🐕 IMC
Tomorrow will be massive! US inflation up or US inflation down. So much tension and uncertainty. Just a blip in the larger scheme of things.
>Tomorrow will be massive! >Just a blip in the larger scheme of things. Which one is it? Tell me how to think!
HAHAHAHAHA WHAT A GREAT DAU, KILL ME. +0.6% WOWWWWWWWWWWW. I hate this asx, do your own thing don't follow dogs like the US...
Down 0.6% in the end after being 2% up earlier. I guess we'll look back on today as the good old days after tomorrow. Feckin hope not.
Finally green 0.02% ($37.52) after losing (paper profits and my own money) $140000+ in the last few weeks.
Wow, makes me feel better about my pissy 32k
I feel that hurt as lost almost exactly the same amount…
You typed 140k bro. Are you sure it’s not 14k?
I wish its only 14k
Can get a decent amount of tendies for 37 dollars
IXR needs to stop bleeding. Clotting factors 👍 Hemophillia 👎
If it drops to 5c I might close a bunch of positions and back up the truck. I very much like it.
Bought in at 0.056… large buy order waiting in the shadows at 5c 😍😍😍
Today could be the first good Barry in a while?!?
Just means he’ll get you doubley bad tmorrow
Has anyone noticed that SelfWealth app chastises you for taking a screenshot of the main screen and asks you delete it after...? u/SelfWealthAus pls respond? So fucking weird lol.
Can you clarify? When taking a screenshot on the login or dashboard page? That does sound weird. We've had screenshots enabled, so I'd need to check with the team to see if that changed.
When you take a screenshot of the login page with your current daily gain/loss (mostly loss, let’s be honest), a red warning box pops up kindly advising me to delete the screenshot hahaha.
It's saving you from yourself. Who wants to see that screenshot later in their camera roll.
On my phone (Android 12) it actually blocks the screen shot function on the login screen of the app. No problems taking a screen shot when logged in.
I use the website on my phone, no screenshot warning
They're fucking cowards. They don't respond to anything anymore.
Happy to respond to whatever you've got, might have a trawl through to see what we've missed. Can do an AMA, might be brutal on the app front, though.
Just completely denied me.
How am I supposed to post loss porn for karma now? I'm ruined financially and mentally with the loss of fake internet points.
No, they just have this stupid warning that does nothing lol Your screenshot still exists in your camera roll
Probably some sort of security or compliance requirement.
RISE MY PRETTIES
I've officially done it, after being up 120k in capital gains for the FY in Dec am I now at a capital loss for the year. Checkmate ATO, see you next year suckers.
But how much is realised vs unrealised?
Broke it down a bit below, but 120k was basically just based off a single trade, but that wasn't realised tho. At peak I think I had 90k in net realised gains which was around Dec. Overall currently sitting on 115k realised gains, and 118k realised losses.
[удалено]
Mainly all of it was gained, and then subsequently lost on crypto. In particular, I was up $120k off a $8k trade late last year. To be fair, I think my peak realized crypto gains was about 90k, but I've got that down to 8k realised gains ATM by just keeping rebuying. Shares is way more modest, currently have 11k realised losses, with a another 3k of unrealised.
[удалено]
Haha me either apparently. I think of it as basically gambling, but with way better odds. Apparently, even with that shit I'm still up 500%+ overall.
At least you will have losses to offset your 22-23 gains!!
I just keep on winning
BWX is about to kick. Cant go any lower
Could still go lower given what they do.
Where is the HVY pumper today? He would be happy that that my day is now going to finish green thanks to last minute buying. Portfolio still bleeding red though overall.
HVY like a first day period not 🤰🏾
You made me gush.
u/dskoh1 ?
Hi! I would say I haven’t seen HVY go red in last 2 weeks of red days. Invest and wait for scoping study and thank me later
Sheesh green on 79k units of volume HAHAHAHAHHAAHHAHAAH.
Atleast it didn’t dump.. if it went down on 20k unit volume you would be downramping rn
I wouldn't, just gotta call out BS when we see it.
Haha I see you are an ignorant types of person. Last 2 weeks check volume and price action. HVY literally made new ATH when market started going down 2 weeks ago and there was good volume some days more than 400k AUD when market was down like alot. You just want to look at the negative side and see it from your perspective that HVY is shit. You don’t have the ability to analyse stocks from world view. Shitty trader
Lol wtf you on about. You pumped the stock a few days back. 10m market cap but 2 billion in resources. Market Cap would reflect that if true 🤣🤣
Wtf I pumped lol you are dumb. Literally we added 3-4 substantial holders in last 2-3 weeks. It’s them pushing the price high. Again you missed it coz of your inability to see world view. Also, yes they have 2bil resources which equates to mcap after scoping study to get real numbers. And if you have some brain you van calculate it using RDG scoping study with HVY JORC which capital funds are doing hence increase in substantial holders. I am just bringing to notice in this sub. You are again stuck in your negative view against this company coz I am suggesting this stock. Wtf is your dumb reason no wonder you can’t read JORC☠️☠️🤣🤣🤣
I had to laugh logged on just when leaving work and an average day had turned to shit then checked when I got home half hour later and HVY pushed me green overall. Hope you are right but they haven't seemed to be affected much by it all.
Right, probably increase your holdings in HVY as it is showing resilience to the market drop. But again DYOR and only do that if you think it’s best for you.
Would have to ask my wife's boyfriend first as he is pretty pissed off with my speccy investment choices so far as profits were not realised and now I am only green overall on two shares ( JRL & HVY ). Don't want to sell any for losses too so can't free up cash at this stage.
Sure, it’s very important to keep him happy or he won’t let you enjoy cuckhold🤣🥸☠️
Guess who owned GAL and sold at 20c. That’s right, yours truly.
This is one of the funniest things I've seen now in the [AVZ drama threads](https://hotcopper.com.au/threads/ann-arbitration-request.6739171/page-131?post_id=61341337). Every **second** fucking tweet is blocked. How fragile are these cunts
gotta maintain the echo chamber, can't possibly want to deal with actual reality 👴👵
There is a part of me where I want to see AVZ lose the majority in Manono just to see the absolutely sheer fucking calamity it would cause. That morbid curiosity part where I want to see something go from $3B MC to $50M at open
I would normally say I don't like to see people lose money, but with how fucking arrogant/naive some of those dipshits are about their penny ShitCo's being the greatest company in human history... I can't help it
What's with that site only showing one post? Fuck me who designed that shit?
Need to create an account to see entire threads. Don’t do it, not worth it.
From 5% to 7% down in the last 3 weeks. They will come back, right ?
What are you holding?
vgs
VGS? You're joking about that right
Sadly no
OK then you know it's essentially a market ETF. Which means it's normally best as a long-term hold, set and forget. You definetly don't need to check it daily or even reguarly. If you're on ASXBETs I'm assuming you're not just invested in ETFs, because the stocks on here are the ones which require a bit more prudent checking on the announcements. There's no announcements/developments for ETFs lol. What you're doing with DCA'ing is good, if you can afford it.
I only buy 3000 dollars of etfs monthly, not too much. I also have single stocks. IXR, exr ROG. Used to have LKE, sold at 1.8.
I mean... zoom out 5 years. This is pretty normal.
I just started last year though. First time for me , so it hurts. Haha
I'll try and put it in perspective for you: some US markets entered correction territory recently(-20%), the ASX 200 is down 7% year to date. Everything is getting smashed, 7% for a retail investor such as yourself is actually good by comparison. I'm down 20% in the last couple of weeks from my ATH. It's funny, but the meme around here is actually true: "stocks go up, and down" It happens, think long-term.
Ok. Thanks mate, I feel better. I will keep DCA vas and Vgs as I planned.
No worries. It's easy to get carried away here and get emotional about stonks. I participate to vent (and because it's fun), but the reality is far different.
Your gains just went to get a ciggie down the road...they'll be back... (5 years later...)
… dad?
Of course, “what goes down, must go up”… 🤡
Markets flat in anticipation of US inflation data and a correction after pricing in the worst case scenario. Tomorrow will be a green day (hopium speaking) Back the truck up (my inner hc) Be more like a 🦆 (redditor here)
Im expecting good news, followed by massive green. Next day apocalypse red. Happy hunting.
I’m not sold, if it does show signs of inflation peaking, we green… any bad news, well… All I know is I’ll be backing up the truck at these prices, dyor, gltah.
Cmon CRR stop the cap 🧢 climb back up baby!
AOA… beautiful reversal - topped up heavy at 0.007 today. Looking forward to seeing this farken pin it’s ears back.
Lithium producers finally turning green again, about bloody time!
Guys… has the tree stopped shaking? Can I get out of my depressive episode yet or is there still some more shaking to be done.
Can you still hear the trucks being backed up? If not, it may be over. Then again there may be more trucks coming.
I can’t hear anything over my screams of pain as the markets back me up into a wall and fuck my ass hard these few weeks
Hey guys how is it some ppl can buy a stock at .147 when the rest of us cunts have to pay .145 or .150? Is it instos with their spread or something?
Sometimes when I market buy I get that halfway price
Ok might be an avg for a market buy
I think chi-x supports smaller increments compared to asx
Ok EXR you can do that jog now ya farken
New [stake merch drop](https://www.instagram.com/p/CdZuWbQvy3O/). Finally, a way to easily identify myself as a savvy investor (read: huge cringelord degen) to members of the public, without even saying a word. I'll buy all 4.
Cathie’s arkk had me wheezing. She does belong here and wsb with that -55% and lowering YTD lmao!
Retro acid washed and all
Ive received a chess statement re zip that says ‘security code change’ wtf is this? I was scared someone hacked my account
Changed from Z1P to ZIP.
They just wanted to hit the $1 before changing their name.
Looks like we'll finish in the green today. Fully expect a big green dildo on the US markets tonight. It's sold off already into the CPI read, and it's so going to do the thing it did last week with interest rates. Big Dildo tonight, we'll probably be green, till it turns bearish next week again till June.
I concur sir
Appears my portfolio resembles my body type: “overweight in most areas and underperforming in all the important areas” 🤡😵😂
Wifes boyfriend approves!
Been hard for me not buying anything...
Been hard for me not having the actual money to buy anything
For once I have the cash to buy at these bargain basement prices but I’m too scared to!
Been hard for me losing more every day
Not fun watching it dwindle away, I sold a lot last week and now patiently waiting
Down abt 15% so not the end of the world but argh!
Not a great feeling, I'm sure you'll be in the green soon
Go on buy that LPD, you know you wanna!
Some stonk called JLG fell $2 yesterday (25%) and today MF has it as a recommended buy. Normally you see the uptick in the share price a few days before they recommend some new dog so this is different. Was up a few % today.
I'm a holder. Yesterday hurt.
Did anyone buy the GAL jackpot dip today? You would’ve made a quick 30% gain while others crying about their portfolio.
Would've made a quick 30% if you timed it right. I got in too early (10:45) but got stopped out for a 0.5% loss
Nah I'm to pussy to T2 it.
Do you reckon BBUS has a top 20 holder list? Like this bunch of narcissistic millionaires who have just parked millions into these inverse funds just waiting for the next world war to erupt so they can capitalise and then shack up with our widows after we’ve all died in battle overseas. Riding off into the sunset in their new super yachts with our former wives and kids calling them dad.. In the background on the horizon is this picturesque green haze from the radiation that 100s of nuclear warheads have released into the atmosphere. Fuck me hey.. BBUS.
I think the whales are using something a little more sophisticated than BBUS 😂
Yeah like Squid Games
So true. I feel as though it would be a very “transient” short term list though. Those doggies can be nerve racking as hell to hold if it’s scared money. My body clock would wake me up at like 3:30am every night to check what the Nasdaq was doing while I had my tallywhacker balls deep in SNAS 🫠
Yeh, SNAS / BBUS overnight holds do not a good sleep make.
Nah if big players want to short something they do it straight away. They don’t need inverse fund. Considering trading volume this is unlikely. Maybe some are participating SQQQ trading.
AGL released their demerger document and it's an absolute shitshow. From brief reading, they plan to: 1. Spin off their ageing coal generation assets into a renewable power investment vehicle (Accel Energy) which will ensure ESG super funds can't invest in it. This incredible shit sandwich won't even get bank support if needed due to our big 4 moving away from coal assets. 2. Move their commercial and retail wholesale business completely away from their generation assets. Not only is their pricing not competitive now, they won't be able to properly leverage their generation wholesale rates either as a separate company. 3. They want to be net zero by FY47..... From the board photos, it looks like being 60 plus, white and bald is back in fashion. MCB won't be hanging about if the merger vote goes through.
If they keep their coal assets in AGL they won’t get any ESG funds… and if you want to accelerate the energy transition it would be much better having a company pursuing renewables that funds can invest in. AGL is dead MCB or not, and the only way coal plants get shut down faster is bringing massive amounts of dependable alternative baseload generation into the NEM. Seriously, everyone is just pissing into the wind over AGL whilst the energy transition goes on anyway.
AGL (and the planet) really needs MCB. I admire what he's trying to achieve here.
I got out of this stock around the mid 8s due to the future conflict between the Board & MCB plus others as I believe it will only destroy the SP. I could be wrong & I hope for current holders I am.
I got out on the 21/2 and put $273 in the pocket. Got to love hype.
https://cat-bounce.com/
appreciate your sharing
Averaging down on NMT as if the shares were the last specks in the coke bag 👅
I averaged down on IOU......never again.
Also want this.. but it would mean going back into the savings which are realised profit from other things. It's hard to give away the profit once it's been realised and especially when it's for a long hold.. I'll probably obsessively watch it hit the bottom and then go up again, then use the motivational powers granted by FOMO to buy it a bit too late.
25% of my PF(shares and cash) is already in NMT... Can't decide if I want to chuck another 5% or not.
I guess it might depend on what the other stocks are in the PF.
If you're asking: IHL, DYL, STO, CDT, DUI, TGF, BHP, NIC, JLG and NMT.
When did you sell CSS?
That was rather amusing!
this flair is more trouble than its worth
😂 sorry it is funny though. if you can't beat em, join em. Maybe you should give up and buy in 🐠
poor "other frank"
I wasn't really asking but wondering if there was a dog in your PF to sell pre June 30 to enable a further take up of NMT but I see your PF is dog free!!
I’ll take sideways…
Big fan of Paul Giamatti?
Virginia Madsen should have had a bigger career, and an Oscar for Candy Man 🤰🏾
It's about time AEF had a real go. It's been my most malnourished dog for a while now
XF1 coming in with the quality announcements 💪🏼
Last few days, some of the Biotechs are randomly getting pumped, weird turn, many have 1-2 year periods coming with 0 results catalysts, and some are actively selling shares to raise money. Opthea is one such example, they are raising 100M directly on the market in the US through a direct share sale facility (so it's like a constant capital raising), so who's pumping these. Polynovo pumped 30% or something this week so far too. Hexima pumped 15% still a year our from results at this stage.
Near impossible for biotechs to raise cash with current market conditions, if tough conditions persist for years 80% of AU biotechs will go under, same thing happened during the gfc (2007).
XBI was down 25% in a month. Not surprising it's going to bounce a bit.
COB come back tour. SP to touch $1 by end of week or ill have a week u/mcfucking
🦄 noted
One of my bags is down 50% now, how to copium?
Buy more to reduce the % down obviously.
copium for 50% loss = 100% gain required. sorry
Does this kind of sell-off happen every May? Or has this one been exacerbated by world events and inflation? I need to explain to my wife's girlfriend why our house deposit is 12% down. O\_o
There’s normally 2-3 corrections a year - I’ve heard…
With eofy coming up yes (people fuck off dogs to claim losses and/or sell stock to pay for CTG). I remember last year being similar but yes interest rates are playing a part. Also the current tech sell off although was being called months and months ago. Just sit tight and maybe consider DCAing if you still like your stocks.
Also consider overall mood. Westpac consumers confidence index is down to march 2020 levels
Isn't that crazy? Money having a small price again and fuel going back to 2018 levels is apparently just as bad as a potentially deadly pandemic
Thank you. :)
Yes
God, just had a thought that sent shivers down my spine. What if my stonks went up ? I wouldn’t know what to do with myself
Eat more. Chicken.
HODL until they go back to 0?
Make money?
IXR holders don’t forget what comes up must come down…. That’s until we in fucking orbit, diamond hands baby
yes but what goes down doesn't have to come up