By - AutoModerator
IVZ has secured DTC approval.
Posts getting lower and lower...
Someone keeps chopping the top off for firewood.
Hotcopper choofing that MAY hopium
Hey some of us need it to sleep at night.
Shaw and Partners is forecasting a \~4x increase in lithium demand by 2030, driven by an EV penetration forecast reaching \~50% by 2030.
This info was released in their September Quarter 2022 edition of the Research Monitor.
Apparently GL1 highlighted on page 17
Looks like you have to email them to request a copy
You bearish on Li ?
LOL, Aus isn't the only country that buys cars, you might want to check uptake by other nations. ;)
Why is there no hidey button on my app to hide the horror that is IHL 😭 it accounts for so much of my overall loss I hate it so much
Also my next purchases will be in ETFs, but they will also probably go horribly ahhh
You can edit the purchase price on commsec desktop version, follow me for more bear market investment advice
On commsec you can put an unlikely sell order that won't come true in order to hide the ugly red stain.
I sold from .32-.25, still long term on it but conditions look pretty awful for the next year imo. Waiting for it to drop under .20 to buy in again tho not sure if it’ll go that low
Download another app and add your good stocks only
According to sharesight I made $65000 from selling stonks last financial year. Basically sold all good ones and I was not smart enough to sell the shit ones to balance it out. Now i owe tax man some $$$
Don’t forget that $65000 donation you made to the Human fund
Don't worry about it, they hardly ever check this sort of thing.
Barry with the SYA assist
At risk of reaching final form autist:….Barry?
Aftermarket auction process personified. We don't get a lot of Barry comments anymore because people flogged it to death at one point.
still don't mind the odd Barry reference, at least it's an obvious Aussie/this sub thing vs. some cringey WSB 'ape' shit
Barry's slightly better than the old 'arvo jog' comments - I can't stand anthropomorphism (particularly when applied to pets, they're animals FFS not some dress up toy)
Ah! Thank you, much appreciated
Anyone hold ALG? I used to day trade with them and haven't looked in a while... what happed?
They sold out a chunk of the business and that got paid out as a special divi to holders which was around 46c and they had a non special/regular divi of 49c i think it was …..it didnt just plummet without good reason.
CAU having a run
Pre-Barry up a $k. I’ll take it.
Lost all of last week's gains today
Sounds like me at the gym
Have you looked down the back of the sofa?
Even though I'm no longer a holder, it hurts to see my boy DDR get savaged like this.
PLS once again carrying the rest of my commodity dogs. Must be getting close to (global) governments starting to propose some nation building projects over the next decade, or are they all waiting for the Russian shit-show to finally come to an end first?
yeah, averaging down on PLS a few times on the way to $2 recently looking like a decent decision so far 🤞
All things considered - The uranium market is looking strong today. GTR, PEN, and LOT all grey in this market is not bad. VMY down a touch. PDN worst off nearly 4% down.
Could you imagine if the DW8 guy was still drinking til it hits 10c? 😂
It would only take a 500% increase on current shareprice!
u/ilyfish it was short and sweet but the legend lives on
Edit: full asx_bets Autist tagging moment
Edit edit : liver not so much, but legend
Edit edit edit : unless you meant u/frankgrimesss
u wot m8?
Oh flare is NOT that fish guy, I didn’t realise 😇
i dunno. they say exercise is good and what better way to exercise ya liver?
Each day I look at my talga hold and wonder: is this going to get me a whole box of noodles or just a packet
what do you think is driving the need for a webinar next week?
TLG don't do much IR if there isn't a need for it (sometimes they don't even when there is a need - LKAB springs to mind). It's either the start of an equity raise roadshow, explaining some news that will drop prior (would good news need this?), or MT has finally finished baking a decent loaf of bread. Anything else?
I would say you are on the money given what is ahead timeline wise. Could also be to announce mitsui or abb continuing but i am unsure if they will commit with out the permit hearing resolving until September sometime
yeah I wouldn't be surprised if the Mitsui deal is dead, and the webinar is to explain why. I actually think it's for the best now, seems like better funding is available to TLG (mix of OEM direct investment + export credit agencies + the inevitable cap raise)
I would be more in agreement that mitsui is about to announce a lapse of loi. Hopefully they do explain it not like the 24 mill dump or whatever it was from LKAB.
Yeh I just think potentially ball is more in talga court than maybe a year or so ago. We have around 4 options now iirc.
I imagine we’re destined for the sub $1 range if mitsui pulls though.
I managed to buy some more TLG at $1.005, hoping we never see <$1 again
yeh my average is just under $1 myself, so I would rather not see it either. Considering we did hit 2.10 about a year ago now, I feel this is low enough hahaha. I think my last purchase was 1.07 myself
It is always an equity raise roadshow. Always Be Raising^^TM .
TER on track to pay me $2.5k in dividends following my $10k investment four months ago cheers bruv 🍻
(share price has also doubled in that time)
Teach me your ways master
Hot tip from a mate, I have no idea what I’m doing
This is the way.
Any DRE holders?
Some nice news out today, hopefully more to come!
Still waiting for DLC to come back, 25th of august can't come fast enough.
IMU back to through the 24c support, will we fall through and test 20c again? 🤔
I’m going to go read HC for my daily dose of hopium.
Yeah surprised it bounced at 23c, was totally thinking 22c would be the next minor support
I hope so
It's my cake day and I don't have any cake and I'm in the red.
Red Velvet Cake may be the fusion you need.
Oh god not this again.
I may or may not have known about the great carrot cake VS red velvet war of 2021 😂
What have I done 😱
/u/ChZakalwe will tell you, in furious ranty detail, what you did. He has 99 problems and Red Velvet cake is - implausibly - apparently one of the most pressing.
He is a complex character indeed.
Go GNX. The 💲🐕 that could. Now if HCH and BSX could stop sucking dick, that would be appreciated.
This is financial advice.
I’m still holding my JRL.
And update to this [earlier post](https://www.reddit.com/r/ASX_Bets/comments/w79mo0/comment/ihikt72/?utm_source=share&utm_medium=web2x&context=3)....I'm clearly the stupid one because as the day as gone on the HC post in question has now been tagged as 💡 \`great analysis\`
I’ve gone from 20% down to 10% up the past two weeks some crazy shit
I'd like to place a bet on IVZ to hit $0.40 by 31/08/2022, or two month ban.
Unfortunately you already have an [ongoing bet](https://www.reddit.com/r/ASX_Bets/comments/vh81k7/premarket_thread_for_general_trading_and_plans/id87ktl?utm_medium=android_app&utm_source=share&context=3) keep it to one at a time 👍
Oh yeah, forgot that. Thanks.
I will dance naked in the street if it hits $2
Those are rookie numbers. I’ve got a 2 dollar bet or perma ban already running by end of august . Up the stakes our stay outta my lane.
I would be happy if they actually start drilling by then
Would be happy with one of the 47 announcements that have coming for the last 6 months to be out by then.
Talon energy can suck a fart. Thanks for coming to my Ted talk.
Or even better, a dinosaur fart.
Looks like losses are back on the menu!
They were always there, look under the \`***kids menu***\` section
i'm back from bali - bronzed and bintanged. all i hold is IXR now. i'd like it to go up. thanks.
Did ya scrub ya shoes or what? Dick face and foot and mouth sounds like a great combo
IXR ESIA currently being discussed, hopefully good news incoming
unzip it all and keep pushing up ZIP!!!!
$10 bY xRisMas
NTI saving me right now.
How about that IVZ rocket. 😲
We rocket sideways for weeks
I'm back babyyy
Nuts, who turned the recession back on?
J Pow the party pooper
Must be really late and everyone's still asleep??
Putting in some low ball offers for Thursday. Hoping Jpow gets some balls.
No one asking for thoughts any more.
Have we finally filled everyone with the right amount of thoughts or are there no more thoughts to be had and expressed?
I mean we're probs more at the regrets stage than thoughts.
Noone has money left to halve any more.
Gone straight to the prayers.
I dunno. What are your thoughts?
Just trying to push one out now
It's probably cause everyone's too caught up thinking about our own thoughts
It's just that I miss the thoughts comments from randoms with no context that just want to be told what they already know to be true = they are geniuses for wanting to buy that stock at this point in time and they are doing us favour by mentioning it and also inviting others to circle jerk over it.... I just miss making funny comments for my own amusement if I am really being honest.
"any thoughts on merino futures?"
its a bit cold in the morning so I'm pro wool
Bears eat sheep don't they?
Can't blame 'em. Lamb is delicious
Geez, what’s happened to Appen?
Tech sell off in the US isn’t over yet, which means it’s not over here yet either. If you hold Appen you better hope the US majors reporting earnings surprise to the upside this week (there’s some big names reporting)
Noted - currently have my fingers and toes crossed that the US majors report earning surprise to the upside this week #whatsappening 😭
IMU in pre-open??
Dropped the quarterly so temporary pause
Zip to $1..... I really want my ~~species~~ speccies carrying me to green, not ZIP
So, humans? Or..
If you think about it, all green (in stocks terms) is caused by the human species
They told me that Bulls were responsible. Mind you, they also said that Bears caused red, but it seems to me that the root cause over the last couple of years has been *bats*.
Despite GNX's best efforts, I am still in the red for the week so far
Anyone familiar with BGA, its share prices show some sign of recovery. Is cheese business getting more profitable?
They got sold off a lot on broker downgrades and the fear of sustained higher input costs. It’s a fairly large holding in my SMSF so I’m confident they’ll come good on a timescale of years.
Still haven’t seen a proper set of numbers following the Lion acquisition either so there’s some prospect of an earning surprise too.
There have been multiple downgrades, most recently for FY23, which is expected to be flat, so not likely to be recovery till FY24.
I sold this morning, i think this is a dead cat bounce, will look to re-enter at a lower price. (i held some prior to downgrade)
I believe the thing that stopped the SP falling was when Forrest increased his holding from 10 to 11.5%, removing an overhang. Its gone up today because news about it was in the AFR.
There is a lot of gloom, dairy prices going up, and with supermarket purchasing power, milk processors can get caught in the middle, they lack pricing power. That said, milk prices have gone up, so they might be able to maintain their margins.
Volume of milk processed is in long term slow downtrend, foot and mouth disease threatening, floods, labour shortages, high wages...
Long term they suffer when there is a strong AUD, so its a bit cyclical, but that's not a problem right now.
Its book value minus goodwill is $3.08
As someone who works in the primary production industry, they're consolidating a bunch. Bega also does dairy/milk (and that's been making a lot of money recently, but boom-bust cycles are even more intense than with mining, lmao.)
They've just introduced a new high-protein peanut butter range, it has a fairly grainy texture and is very easy to choke on after a few spoonfuls. Hope that helps. GLTAH, eat slowly.
Got it 👌💀
This place these days,...noones here
The great bear quarter of 2022 destroyed everyones lambos and now we save for a 1992 Hyundai Excel
I heard I can use the excel to do my tax with. So all is not lost.
I'll take a Volga at this point.
MME and GRR providing the goods 🚀🚀💎
my SNAS is finally recovering, hopefully it can take some advantage of this week’s market turbulence. 🦧
Grey is better than red, but as boring as a girl who only knows "the starfish"
Excuse you, she also knows “the spread eagle” and “the mannequin”.
CAU made some money and people seem to like that
pretty weak volume again, and feels like *any* kind of strength shown is immediately sold into
on the plus side, DRE with a decent Rare Earths strike and "plenty more to come"... yet citing a bunch of assay results delays, as is tradition 🤡
WA assay labs have been slaughtered the last 6 months. I've been seeing companies quote 12-16 week turnaround on assays.
yeah, that was what lead me to invest in the company XRF last year given the demand for their work... fortunately was able to make a tidy little profit & sell before the drop, but considering buying back into them again tbh
BofA Global Fund Manager Survey has equity allocation vs bonds lowest since Apr'09
certainly feels like it 😑
PLS positive announcements is only thing keeping me in the green today
Pls posted an announcement?
June production and sales update which was positive. Plus they received another bid on the BMX auction
More likely a small rally following online Li interview with BMI's Simon Moore.
My brother, those announcements came out 2 weeks ago. How high are you?
Pretty damn high
Yep ucking Selfwealth fucked me around too, literally had about 10 announcements saying it was coming out today but they definitely weren’t
Yeah fucked me and even thought to myself “sure i’ve read this before”
Waiting all weekend to go deep red Monday morning, just fantastic
LMG !!! Need that magnesium fix...
And we're back to grey :(
I logged in today to see how my portfolio was going and said "what the f*?" when I saw LMG was up 10% already. I'm not complaining, just surprised.
It's on a crazy run from the 50s, wonder what today's volume is in anticipation of
Related to the new plant?
But magnesium prices have been trending down and haven't found a base yet
That said, hopefully we get the plant up and running, and into commissioning soon
I’ve personally cancelled the recession. Commence the marching of the bulls
Any reason PEN didn't have to disclose how many quarters of funding they have on hand in their cash flow report?
I just had a look: they're cashflow positive. The note under 8.7 explains it.
Right fair. Fine print and mondays do not go well with me haha
Noticed the little announcement bubble in commsec for GGG, thought I'd check in on where they were up to ...
"trading halt is requested pending an update to the market on developments from the Greenland Government"
Apparently the academics over at HC believe that if it was bad news, it wouldn't be reported, so on that logic apparently they think it means good news.
OK then, didn't know that's how it worked here. Stupid me.
Finally my TNG dogshit stock is moving because someone logged a 249d notice on them to get rid of the Chairman
This is how you know you own a shit stock...
Do I exit now or draw another card... hmmm
Have been watching for awhile. Was tempted to have a punt this week. Will wait and watch for a bit longer I guess.
I joke about it - and looking at past performance it really is a shitstock - but it does appear a good resource that is on the up. If it can be made operational it could be a good thing...
Lots of if's but's and cap raises in-between though I suspect...!
Bought LEL for the memes, and its up 25% in less than a week. Take the tendies on offer, or keep holding?
Set a trailing take profit
Its volume looks a bit concerning
buy high never sell
damn you are right
Sorry Mr Cannon-Brookes, according to my hand scrawled notes in the trading journal after purchasing GNX ,I have a target price of .60c.
Come back when your serious thanks.
you have your atlassian billionaire takeovers mixed up unless ol mikey has started muscling in.
MCB = messing with AGL.
scott whathisface with skip = GNX.
Those billionaires all look the same to me!
Do you think the taker over will happen or do you think it will get shot down by shareholders?
I don't think shareholders beyond the boars will have much of an impact. The Cosortium represents something like 20% of the shares. The board hold a bunch themselves. If that combined weight endorses the agreement I doubt there will be enough resistance to be able to kill it
The board holds bugger all, not even 1%.
My spider senses tell me we’re all gonna get bought out at a small gain unfortunately (small gain for me at least)
Yes,looks inevitable. Will hang on to the end.
Confirms all my initial purchase hoping though!
I agree that that seems the likely outcome. I personally will never be too disappointed with a gain, no matter how small
Looking at this as the beginning of renewable energy becoming a strong alternative to coal in this country and another couple of good nails in the coffin of coal !
Things happen quickly when there's a good buck to be made.
It's the other guy this time.
I’d planned on holding GNX for a couple of years, now I’m not sure if I should take profit or not, first world problems.
Sell your shares... to me. I'll give them a good home, walk them every day, and make sure they have plenty to eat and toys to play with.
\-- Not financial advice. Not any kind of advice
Yeah it's pretty fucked. Take a look at that quarterly, they were finally getting rolling. Tesla battery money printer coming next then the big boy pumped hydro. More money coming in than they would know what to do with come 2025.
23c is a bargain if they manage to pull it off. I'll be holding to see what happens, just a bit shitty it happened right before I was about to up my holding. Oh well.
I agree that 23C is cheap, but it also gives me a profit so I won't complain too loudly
Sounds like you already made up your mind.
Sit and wait for them to scrape them out of your cold hands for 23c...unless you think the deal will fall through? 👀
The deal better fall harder than my parents marriage at 23c.
ZIP back to $0.5 this week