ASX Thread - Applauding New Faggotry Edition

RMX OR MLS
Opinions?

Add mgx to conservative gains.
Iorn ore company with 400 million in the bank. Share price under 40c

>>1762527
I hold neither (GXY/PLS are my Lithium stocks, much less risky which is more suitable to my preferences) but if I had to choose I'd go with RMX provided you're willing to buy and hold for a while.

I think MLS will have their drilling results out first though so depends on your time preferences.

LRS and GPP are other junior Lithium exploration companies.

>>1762571
Why would you prefer RMX?

I agree MLS will have their results out first, RMX doesn't even have full approval to drill nor have they hired any contractors as far as Im aware.

RMX:
>Possible huge lithium site the likes of Clayton valley
>Is in America with a close proximity to the Giga-Factory
>2Mil in cash

MLS:
>Possible plays in 3 different minerals; Lithium, Zinc and Graphite
>Have already commenced drilling and a re apparently die for results any day now

Anything else?

>>1762577
Same reasons as you, CRs are a real issue with spec stocks and RMX has so much cash in the bank the little risk of such a thing occurring is appealing. The location as well is key, especially with uncertainty with imports (Lithium imports for example) under the Trump government.

MLS I didn't know had a zinc and graphite interests. If the guy before was after a Lithium exploration company perhaps LRS and GPP I mentioned earlier would be more up his alley.

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>>1762546

Your post is like the investing version of this pic

>>1762618
>LRS and GPP
What can you tell me about these?

>>1762661
They're both bigger than RMX by about 10M, LRS is exploring some region in Argentina I believe. I don't know much about their financials but RMX's 2M cash on hand would be hard to beat I'd imagine, but I might be wrong

That's all I know really, as I said don't hold either

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GGG mah niggas

>>1762803
This would be the only smallcap i would consider at the moment. However it just hit an new high so i might watch this week. Maybe grab a dip if possible

BOTSWANA METALS LIMITED
If you want to make some real money.

Has anyone here used a margin loan?

>>1762803
>>1762825
Tell me more about GGG, what makes it so special? They do mining don't they?

>>1762853
http://www.ggg.gl/projects/specialty-metals-kvanefjeld/
tl;dr: Uranium mines/rare earth projects in Greenland, they don't have government permission yet
If Greenland ever wants be become independent from denmark they have to look for new industries besides fishing.
This is a report from the Danish Centre for Environment and Energy and they seem quite positive on the issue:
http://dce2.au.dk/pub/SR200.pdf

>>1762853
read the summary from page 18 on. The "Kvanefjeld" project refers to Greenland Minerals.

It's high risk/potentially high reward, so don't put all your money in there

>>1762864
This is my main concern. Such an easy political target for some grandstanding libshits who decides they want to bang their drum a bit.

Does anyone know if there is an ASX equivalent of r/wallstreetbets?

>>1762882
/r/ausfinance and /r/ausstocks are the closest you'll get I reckon this /biz/ thread is better though

Quiet day on the ASX today, bump

Im surprised AGY gets so little play here. Considering how much this board loves meme stocks and is willing to shill the fuck out of nobodies like RMX and MLS, I thought it would be right up ASX's alley.

- Decent working capital after raising 3mil from investors @ 3c per share. SP is currently 2.6c
- Starting construction of it's pilot plant at it's main Rincon lithium project in Argentina. Puts it well ahead of "awaiting approval" or "awaiting drill results"
- Brine project, not this hardrock meme. Far cheaper production.
- Project located in the famed "Lithium" triangle which holds 70% of the worlds lithium reserves.
- Argentina currently projected to become the largest exporter of lithium in the world over the next decade

It's a relative sleeper at the moment.

>>1764034
Interesting. Going to watch.

Meanwhile... rmx and mls on the move.

50c rise for A2M when mid year financials release in Feb

>>1763988
It's because all of the anti-RMX shills shot themselves

What a nothing day

Announcement tomorrow for MLS. Don't ask me how I know

>>1764164

mfw cleared 3k on rmx, feels good. Few weeks before they announce drilling so plenty of time to wait for the dip & buy back in :D.

Long article about GGG in The Guardian
https://www.theguardian.com/environment/2017/jan/28/greenland-narsaq-uranium-mine-dividing-town

Also ETF increasing its stake
http://www.proactiveinvestors.com.au/companies/news/172319/greenland-minerals-and-energy-targeted-by-major-uranium-etf-172319.html

Up 11% today

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How does this work?

Complete noob here.
How do I start trading shares.
What is the best site to start?
I need an account on some trading page right?
I would start with this small stocks like GGG and AGY.
Thanks guys

>>1764446
Open an anz bank account and sign up to self wealth for lowest fee trading. (9.90 regardless of size) need minimum $600 before you can buy

Or open a Cba Cdia account & commsec account - their app and site are really good, but brokerage is minimum 19.90 a trade. Need minimum $500 to buy

>>1764447
k tnx
can I do this from Europe?

>>1764446
Go open up an account with Commsec, its completely free, that way without even putting any money in you can get a feel for how a trading site works. Commsec is easily the best site.

Open up an account and start browsing/ reading about stocks on there. Take EVERYTHING people say on there with a HANDFUL of salt.

If you want to trade spec stocks, check out https://hotcopper.com.au/threads/5-grander.2938292/page-13#.WI8b6fl97IX
basically thats a thread where people start with 5K then trade small cap stocks and post about their trades.

How much do you have to start off with?

>>1764452
LMFAO this is a thread for the AUSTALIAN stock exchange.

Find yours and start trading there first, it will be more simple
https://en.wikipedia.org/wiki/List_of_European_stock_exchanges

>>1764453
This is still some good advice for Aussies IMO

>>1764453
>Open up an account and start browsing/ reading about stocks on there. Take EVERYTHING people say on there with a HANDFUL of salt.

Open up an account on hot copper*

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>>1764456
I said I was noob

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hey cunts

where do you guys go to look up various company filings such as quarterly / annual earnings reports for ones that are listed on the asx? ive become used to searching for filings for US securities on the SEC website but are currently having issues trying to find the equivalent documents for companies listed on the asx

i went though the ASIC site and it telling me that i have to pay for these filings. have i taken a wrong turn? any help would be appreciated

>>1764585
Asx site under company announcements

>>1764585
never mind i just found the shit i was looking for on the asx website, i probably shouldve looked there first instead of being a dingus

Anyone else waiting for a dip before buying into more gxy?

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Sold out of MRQ at 2.8, bought back in at 2.1 to try and squeeze some new FOMO gains

> it's now 1.6

>>1764585
I literally think sec.gov can help you

>>1764585
Its also in the company information tab in commsec

Quarterly day today! Anyone else waiting for an Ann?

>>1765524
yeah, keen to see what KAI come out with.

bought in at 3c it's 3.4c now. Tempted to sell but want more gainz.

>>1762502
how do you guys invest in international stock markets?

>>1765720

Is there a way to split the holdings in a commsec account so they can be followed as a separate portfolio? Or do you have to create a new account?

I want to play with this 5 grander thread without manually recording every trade I make, but I dont want the p/l to be tied into my normal portfolio.
If that makes sense.

>>1765744
ETFs and managed funds are the simplest way, other wise using a broker like Bell Potter can invest internationally

>>1765745
Get a second HIN or commsec account. Or use selfweath for 9.90 brokerage trades

>>1765749
So when you guys talk about investing in the NYSE, do some of you have brokers, or is the NYSE open to anyone?

>>1765757

Commsec lets you set up an international trade account. You need to fill out a couple extra forms, one being a W-8BEN which if i remember correctly is a US tax form to let the IRS know you aren't a US tax payer.

>>1765784
Yeah I set one up the other day. Just needed the one form with a written signature. Took a photo of it and emailed it to the email address they provided. Too easy.

>>1764453
>>1765374
>>1765784
i tell ya what m8s you guys sure shill this overpriced broker

>>1766172
You dont need to buy shares and thus pay of overpriced brokerage to see the company info, just open a commsec account. Which I think is free if you have a netbank account.
Use Interactive Brokers if you want the cheapest brokerage

Down over $13k on SRX, and now trading has been put on hold because of a lawsuit for "misleading and deceptive conduct".

Guess I'm not getting that money back anytime soon

GGG published their quarterly report today
http://m.asx.com.au/m/announcements.xhtml;jsessionid=vl1uC7NPx11cHm9fSgD4yW0P.node120?issuerCode=GGG

tl;dr at the beginning of the report

>>1766185

What price did you buy in at?

>>1766207
Initially bought in at $22.75, bought a bit more at $24.00, then sold it after a jump up to $30.

Got greedy when I saw it still creeping up, and since their previous clinical trials were actually fairly promising and I knew there were more to be published this year, I bought back in at $32. Wish I sold when it peaked at around $40 after that, but there you go, I fucked up.

Is ooo worth buying since opec started getting its shit together?

You cunts saw MJJ ?? It went up 25% today!!

>>1766290
So you bought in at 0.20?

>>1766290
I hope you're talking about MMJ. I bought in at .185 when Trump got elected. Interested to see what the cross-border listing on the TSV actually means. Hopefully the thing starts turning a fucking profit because it will move like a rocket is under its arse if it does.

Where can I go to easily search for company financial reports?

>>1767895
asx

>>1767897
Ah thanks anon. I was on the asx site but was having a shitty time navigating it. Managed to find them now.

>>1766297
Nah I didnt. I brought SAS bra; they about to launch Nano satellites & shits for africans
>>1766426
MMJ - good luck m8

>>1764774
Today's your chance champ

Is AGY the next GXY?

>>1767994
No, according to /biz/ RMX is

>>1767994
AGY is a fair way off where GXY is, but unlike a lot of these "awaiting results" nano-caps, AGY is actually making progress.
It's also not experiencing the same amount of hype as RMX despite being a fair way ahead.

>>1768045
What makes it better than RMX? Should it be added to our meme list?

One stock that seems promising I never hear mentioned here is ALC

Why are you guys not investing in cryptos?

>>1768381
>ASX thread

Is it listed on the ASX?

>>1766274
Be interesting to see, it is trading very low currently.

OOO has quite a high expense ratio though so you wouldn't want to be holding it for ages.

Its a shame when posts dont get replies I know nothing much about oil and won't pretend to - any thoughts?

Who is still on MLS?

>>1768506
Yeah, i bought back in after realising small profit

Is anyone else surprised that SGH is STILL listed?

Really wonder what's going to happen, just seems to be sinking lower and lower and all the holders are too delusional to face up to it being a trainwreck

>>1769978
Yea I've been watching it. The UK side of the business is 'apparently' doing well. But they have thousands of employee's and some big cases lined up, so I kind of think they will bounce back eventually.

MMJ doing interesting things at the mo...

OK so I made 15% on KAI, considering backing the truck up on either RMX or CCE. Sorta prefer CCE as it's been a steady grower for this year but there's a lot of hype around RMX which I'm I can capitalise on when the institutional investors pump and dump it.

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>had order on avz waiting to get hit on AVZ before it went into trading halt
>up 75% on open

>>1767917
Where's the money in putting chimps in space?

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how much capital are you guys using to trade with?

>>1770661
~$20K

Every few months i sell back down to the $20K and ride again.

Anyone else liking BID or PSC at the moment?

>>1770774
Seem flat, what've they got going for them?

>>1770718
100k to trade
I sold 23k of XRO yesterday because I'm stupid

What do you guys like about vocus?
I'm sick of owning them, I don't like dodo and iprimus.

Anyone interested in GTK after it hit $3 today?
has liquidity issues though ..... good company

>>1770883
Do you think TLS or TPG will fair any better though? Telecommunications was the worst performing sector last year

>>1770854
PSC is focusing on starting production by mid this year on their Arcadia lithium mine, which would put it only a few steps behind galaxy, my opinion why its staying flat because the mine is in Zimbabwe and people are skeptical that they can start production so soon but that could be one of the benefits of Zimbabwe low infrastructure cost and so on.. i pefer a little more risk for a bigger reward anyways

http://www.theaustralian.com.au/business/dataroom/mystery-us-suitor-tests-water-on-possible-fairfax-media-buy/news-story/297e42db5367bfae66a73e6ae0c25b66
What do you reckon about this? Would you buy in now?

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quick scope on plebbit

Two guys talk about GXY's operating costs being rather high.. does this have any merit?

https://www.reddit.com/r/ausstocks/comments/5pl8hf/would_like_to_get_peoples_thoughts_and/

MLS announcement. Drilling results returned. Numbers look encouraging.

>>1771245

Domestic media is propped up by a litany of regulatory protections and subsidy schemes, especially TV. And even then it can barely compete.

now too high for A2M maybe, think it'll drop before the 15th?

Weekend bump

Who else got on MLS Friday afternoon? Looks primed for a HUGE run next week

>>1774169
it will drop back down to 2.20 when it hits 2.55

Newfag here, is commsec a good broker to use, or will i get jewed?

>>1776784
Australia. Prepare to be jewed

>>1776944
Why?

>>1776294
Yeah i doubled down fir funsies

>>1777015
Good luck, Bro.

If it does start to run, is there a price you plan on exiting at? Or just play it by ear?

>>1776957
Commsec Trades are min 19.90
Anz etrade is 15 iirc
Selfwealth is 9.90

Commsec's site and app are really good though

>>1776957
Why outlined by anon here:
>>1777344

It's easiest to just go with your bank. Not having to setup a new account etc. I use commsec and their site and app are good. They occasionally have deals for free trades. And there is a threshold of like 8 trades a month gives you free trades aswell. But mate, it's Australia our internet 48th in the world and we pay 2.5 times as much as we should for it. Any service involving technology in Australia is jew

>>1776294
Jumped in on mls at 0.012.. was hoping 0.01 but the market looks lit atm

>>1778085
>>1778085
I'm tempted.
It's currently 0.013c

>>1778326
aaaand I'm in

hoping for 0.016-0.017 by end of week.

>>1778085
>>1776294
My order didnt go through for .012 on Friday...
Been busy all day today and my GGG order went through instead. I kinda wanted MLS more desu.

>>1778911
Literally exactly the same.. I've placed 10,000 at 0.012. Too many people are buying so no one has accepted my bid.. Might buy in at 0.013 or 0.014

>>1778396
>>1778914

I'm in at 0.013

>>1771476
High costs are offset by the higher prices they are receiving for the spudomene. :)

>>1777021
Nar just holding. Ready to ride the rollercoaster

GXY trade halt for announcement. Apollo mission?

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Why am i so shit at trading fucking shares? I hate this fucking game.

I read up on companies and they look good or try to jump in on the hype and ALWAYS FUCKINNG MISTIME IT ALWAYS.

Its so fucking annoying how do you time this shit NVT was a prime example, got a tip last week. Read up a bit on it and was looking to buy at 2.45 the up 5 cents that day and i thought it wouldnt go higher then up another 5 the next day. I watxh this cunt rally for a four days and then i bought in a 2.70 and now its fucking dropped. What the fuck. EURGH

i get free trades and still dont make money

>>1780550
Institutional investors run the game, not you or other retail investors.
Follow their momentum.

As a starting point I always put a trade in for 0.1 or 0.2c less than the current price. The price always fluctuates with institutional trading manipulation.

I tend to only trade in micro or small caps though.

>>1778911
I take it back, GGG up 20% today, hope it keeps going! Should probably offload though.

>>1780642
What price range do you usually buy stocks at 10 cents?

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Am i doing alright? Been investing for about 4 months. Total newb.

>>1780842
Doing it right

>>1780803
I usually go for 1c to 10c stocks.
It's not guarantee I'll make anything though. Just riskier.

>>1780842
how much did you start with?

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Started with 12K around october last year.

The 3k is since Monday morning

>>1780969
500 at a time, beginning 4 months ago. Total of 4500 now via 6 companies.

>>1762825
hope you did grab the dip

what positions should one take to hedge against rba cash rate changes?

what would have rallied / dropped today if interest rates were to change?

>>1780411

No new info, however theyll be a small rally for sure, plenty of people who didn't know about the other Lithium project breaking ground will pile in and spike it up.

>>1780411
Word is more shares being issued or something. From what I hear it's similiar to old management tricks and t-b-h I'm jumping ship if my order goes through tomorrow at open.

Don't let the autists at hotcopper influence any decisions you make with GXY/GALXF.

Hey everyone, share trader here. I use Nabtrade

Loving Freedom Oil and Gas at the moment FDM
Cti Logistics for the long haul CLX
Looking in at GGG for the moment but am cautious.

>>1781254
RBA didn't change cash rate

What are good paying dividend stocks in the ASX? Cheers

What price per share do you think GXY will roughly cap at?

>>1783290
There is no ceiling, only a floor

>>1783290
GXY 0.55

>>1780550
I'd dump HSO if you ever break even and put more in RHC for the long run, the real money's in psych and RHC is better positioned to profit off of that.

>>1783290
>>1783317

brahs my break even on GXY is 0.56, is this shit gonna get further diluted? I read somewhere that share issues were going to be at 0.54 or something?

GGG to 0.2 baby

Rap going to 40c lads, downtrend broke today.

>>1778396
>hoping for 0.016-0.017 by end of week.

IMO it wont go above about 0.014-0.015 until we get the announcement.
Hugely optimistic about results, SP should rocket once they come out!

>>1783695
I sold. Word is that this is what old management started doing and look where that got them.

Tse also said know CRs, and look what happened. So disappointing.

>>1783695
I bought at .32, wish i sold at .66 but eh. Once market opens i'll sell, shame really. Might rebuy once they get down to 30-20 but we'll see.

THIS IS IT BOYS.
MLS manindi drilling finds a ridic zinc zone.
Opening bids up over 17c.

TO THE MOOOOOOON

Mls just came out with a really great announcement.
To all the guys who bought in this week, you're welcome!

>>1785277
>>1785277
Correction, .17c
Terrible typo to make lel

>>1785277
>>1785280

thanks for the tips fellas, here we go

Does MLS have money or is there going to be a credit raise in the future for the follow up drill

>>1785316
Excellent question

>>1785323
>>1785316

I just checked, $500,000 in cash and $200,000 projected for this quarter so i think we're good for a bit

>>1785280
That's me :)

MLS false start?

Trading at .15c post announcement. Should be heading to the moon after the super drilling outcome.

Someone chuck out a couple of companies I can look in for a moon mission

>>1785412
wtf

>>1785412
Close of 1.7 imo. Wonder if I should grab $1k profit or hold

>>1785412
Seems like everybody is being cagey.
We're playing the long con here now, just gotta wait out this resistance until people push through it.

>>1785531
I'm holding until next week at least.

Just wanna thanks aus/biz for giving me the heads up on both KAI and MLS :-)

My tip was CCE for late last year, early Jan. Did anyone else get in on it? Would have doubled on the 4c it was at back around that time.

Bit disappointing that the SP got held back from going on a run, but a great announcement this morning nonetheless.

In the coming weeks when the assays get released is when we will really see the SP run. IMO we could definetly see a CZN type run

Massive zinc mineralisation.
Zinc at the highest it's been in decades after a 6 year low
They have another 2 plays in both Lithium and Graphite that we will hear more about in the coming months.

I wouldn't want my money in any other spec stocks

>>1785607
Tbh the lack of a run can been seen as simply an opportunity to snatch more holding.

>>1785619
This.

I'm tempted to double my holdings at 1.5c if I can

>>1785607
>>1785675
SP?

>>1786055
it's currently 1.5c has reached 1.7c high today.

I bought 300k Shares @ 1.3c on Tuesday.
Tempted to go 500k @ 1.5c or lower for a top up. .

>>1785675
Tbh I doubt youll even get in at 1.5c

>>1786079
trying anyway

>>1786084
I figure if you buy in at 0.016 you still make a good chunk, I estimate 0.19 by the end of next week

>>1786088
I'm sorta expecting institutional brokers to manipulate it down to tree shake the pip traders.

0.019c seems conservative. I'm expecting a CZN type run next week.

>>1786060
Full name?

fuck day trading

>>1786114
MLS = Metals Australia Ltd.

>>1786100
>I'm expecting a CZN type run next week.
That will only happen when they release the assays imo, so more like 2-3 weeks

>>1786114
Fuck i was completely focusing on the wrong part. I thought SP was the handle, even though it's not 3 letters. I feel like a spastic, thanks for the explanation.

>>1786131
No Worries,

now help us meme MLS to the moon please.

>>1786127
all the more reason to load up now hey.

Strong gains from A2M. If your not in yet, consider waiting until the dip that will likely occur post mid year announcements later in Feb

>>1786121
Is there an American listing? Austrailian businesses have been kind to me so far.

>>1787133
Don't think so.

Doubled my MLS holdings this morning at 1.5c woot

Sold MLS at .016.
Bought back in at .014.

Now to hold on for the assays

>>1788507
Just bought 300k of MLS at 0.014

already got 200k shares of MLS at 0.014 but I think im gonna double it based on that recent report

Do any of you guys have a CMC markets account? I need to open my trading account, says I have to go through customer service. Can this be done online or do I literally have to ring them?

>>1789448
Sorry I meant open my cash account

MLS back down to 0.01? What does that mean lads?

>>1789513
Wtf are you talking about?
It closed at 1.4c on friday, which is very good.

Just a friendly reminder to all the 4channers who have bought into MLS recently; HOLD UNTIL THE ASSAYS COME OUT.
The sp will probably hover around 1.4c and could (not likely) drop to 1.2c, DO NOT panic sell if this happens.
The assays are coming out in roughly two weeks.

If I get a chance ill write out a bit of a report on why I think MLS could be the Micro cap f the year.

>>1791215
>If I get a chance ill write out a bit of a report on why I think MLS could be the Micro cap f the year.
Meant to say if I get a chance this weekend

>>1791215
Do you have any ideas as to what price MLS will reach in the future?

>>1776516
When will it hit 2.55? kiwi here.

>>1791643
End of Feb

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>CLQ
Cobalt, Nickel, Scandium, purification technology.
Currently 73 cents, headed to $1.30+ this year

>EQU
Cobalt
Currently 10 cents, headed to 20 cents near future.

>LPI
Most promising Lithium Brine project in the globe
Currently 38 cents, off the the absolute fucking moon any time now.


This has been your free money report. Get involved or stay poor.

>>1791731
Have any more information friend? these tips look interesting

Thank you for the tips.

Any research or further detail to help?

EMU NL look into this company currently around the 16 cent per share mark they are a mining/ exploration company they just had 235 drill samples from chille come back with good gold and silver concentrate I'd say they look good for a rise soon

>>1791731
>Nickel

you could hear news saying mines in the world re-open and if you actually look up the charts, nickel price has no room to rise as the demand hasn't been strong as some might have expected. I reckon the price is peaked.

>Cobalt

The price is the highest since 2011. A fact that the portable electronics sector pushing up demand and supply growth stagnant, I reckon there is still some rooms to go up even more. Here is a little secret of cobalt - China doesn't have a domestic mine and heavily rely on oversea mines.

I sold a bunch of shares earlier this week and notified centrelink today. However, with one company I forgot that I had taken a deal where it resulted in me acquiring a ton of extra shares with a small purchase.

Should I notify centrelink about this or is it something that I should leave?

>>1791731
pls gib more detail

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Newb question here. When buying at market price, who am I actually buying the shares off? Looking at the market depth chart, most if not all the sellers are asking for more than market price.

>>1792059

you're buying off whoever is willing to sell at that price. the market price = the last bought price

>>1791216

please do

Don't forget JNUG and NUGT

>>1792039
I assume leave it seeing as you aren't receiving any monetary gain as of yet?

MONDAY DUMP

Im gonna get in on the MLS hype train lookingg for 0.12

>>1792059
If you are buying at market price, you are buying at the best seller on the market also called the best ask

If you are selling at market price, you are selling at best buyer on the market also called the best bid

The market price for buying and selling might be different and it might also be different to the last traded price.

Confusingly the last traded price will be generally referred to as the market price

Just doubled my MLS holdings @ 1.3c

Probably overpaid

GGG up 13% in the couple hours and I don't even know why

>>1794624
I'm on the MLS moon mission, 50K shares @ .014,.was up to 0.015 an hour ago back to .014. Are we looking at long term holding for this? Are we counting on this zinc mining operation to go ahead?

>>1794722
Meant for>>1794572

>>1794722
250k shares, when will we be on the moon?

>>1794722
12 months probably

Anyone invested in or been paying attention to MLM? Apparently they're about to commence production which could see their SP nearly triple.

>>1794764
Rodger that

>>1794725
We're going to make it to the moon with this one anon, all of us.

>>1794787
Where'd you read that?

>>1794827
I didn't. I was discussing them with a work colleague who got in at 2c. They're supposed to start production Q2 with first shipment end Q2.
Wanted to see if anyone else new more about them. There's all this emphasis on lithium nano-caps and moon missions, but everyone ignores the less sexy mining companies who are actually pulling stuff out of the ground.

>>1794845
I see they're up at .062 ATM, your friend must've got in around April last year to get in @ 0.02. Where'd he get his info? Does he know when they're going to publicly announce all this?

>>1794845
I just read on their investor presentation they're planning bauxite production q2

>>1794845
Are you gonna get in on this at 0.065 bro? If not what's your plan?

Jesus christ Comsec's international brokerage is aids

Mining micro and small caps seem to be making a comeback.
used to hate that sector but it's where the momentum is now.

>>1794970
When you say that do you include miners who aren't pulling ore out of the ground and are just exploring?

>>1794624
i keep telling you guys about this
up 100% so far

>>1795026
Why are they doing so well?

>>1791731
LPI have a trading halt now though

>>1795064
Because the Greenland economy needs a kick in the arse and raping precious resources is the answer. Up almost 100% since buy in

>>1795085
What did you buy in at? Reckon it's worth jumping in at 0.70?

>>1795094
if they ever get the official license for Kvanefjeld, it's likely to moon
read the guardian article linked ITT

>>1795125
Righto chap

>>1795125
Did you read about the shenanigans ggg have been accused of on their Wikipedia page? Do you think that will be an issue?

>>1795194
Consenus of politicians claiming something negative? Thats fake news son

>>1795199
You're whispering sweet things into my ear, and I love it. I'm in now for 6K @0.170, limit order for tomorrow morning anyway.

So it's still worth it to buy MLS if the price hasn't moved up too much?

>>1795213
Read up about Dojis, then go look at the MLS chart. That should give you your answer.
When the assays come out in 2 weeks, give or take, this thing will run HARD.

Thoughts on First Graphite (FGR)?
Heard good things about them, might indroduce them here later today or in the next thread

>>1794624
>>1795026
This, all these guys watching MLS like hawks as it hovers between 14 and 15c meanwhile GGG gone from 12c to 17c in a week.

>>1795216
tard is tarde

>>1794937
Yeah, commsex is fucking cancer. God I wish the robin hood beta would drop in Australia.

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Thank you GXY

New GGG announcement
http://www.asx.com.au/asxpdf/20170214/pdf/43fzg59wqr091l.pdf
>tl;dr: Big ETF increasing its stake from 7% to 8%

>>1796585
YOLO?!

>>1796585
Lord god already up 9%...!

Bought into sxy at .16 now at .375 thoughts?

IOT about to start selling their drones on Amazon.com

http://www.asx.com.au/asxpdf/20170214/pdf/43fzqd47khx09b.pdf

>>1796618
Holy shit I'm glad I got in on this, how high is ggg going to go?

>>1796848
They're not going to do much until they get the license. I'm surprised it's risen so much over the last week.

>>1796983
You think the rise is due to the etf announcement?

EQU put on 14% today. Good call from the anon in this thread. Wish I had more money to play with.

>>1795591
god if only dude. Comsec is so fucking slow atm

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Does anyone know what time the CBA Half year results come out tomorrow?

>Pic hopefully related

>>1797006
obviously

>>1796025


Anyone else still holding galaxy?

A2M last yearly results out

Open estimate 2.49 previous close 2.42

But there are about 2M shares in buyers and 4M sharas in sellers tho?

Can someone tell me if the half yearlys were good

>>1798937
According to the news I have read this morning, their chinese profits quadrupled. Sounds good to me?

>>1798958
I sold out at 2.52 bough ar 2.20

Fuck maybe i should get back in

>>1798983
290% increase in profit. Cant complain about that

>>1798983
Wait for the dip. Looks like institutional investors and speculators are unloading

Thoughts on GXY lads? Just a dip or is it on its way down?

>>1799320
Slow down until next announcement

t. Baseless speculation

ct1 opinions?

Major wall at 0.19 for GGG
Ralley might take a break for now

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anyone else going down with the ship on mxc....I'm down pretty heavy thanks to "ayyy lmao debils gabbage XXDD" and making %200 then buying back in at a shitty time.

>>1798937
I might pick up some more if it keeps going down, it will bounce back and hopefully go to new highs. imo

Shit day for the market

>>1799464
Yeah it was a nice couple of days. I got in at .173. These fucking Vikings better not get in the way of the mine. Do we have any idea when they're actually going to break some rock?

>>1791731
Hey mate, I got in on EQU at .125. Here's hoping for .20.

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>GPP

Opinions on why someone dumped over 10million MLS options this afternoon

>>1799655
Well this is curious... I've got a couple of dollars on MLS

okay this might be stupid, but ages ago I made a CDIA account and put a grand I think on something to do with commbank(I cant fucking remember), I didn't lose any money infact I think I made like 50 bucks and pulled out...

my question is... whats the go with tax with this shit?

>>1799668
It's curious alright. Could it simply be they didn't have the cash to cover the option. I'm new to this so I'm not 100 % sure on options

>>1799655
Sorry mate, dumb question here. The option dump you're talking about was what the Feb 15th announcement was about yeah?

>>1799565
http://www.ggg.gl/docs/RM-research/Shenghe_placement_Kvanefjeld_development_moves_a_step_closer.pdf

Quote (page 16)
>The primary risk moving forward is the granting of a mining license and associated permitting and approvals. These include an environmental
impact study, impact benefit agreement, social impact and maritime study. Given it is
likely that downstream processing will take place offsite, we cannot envisage any issues with the granting of a mining license in late CY 2017 (based on the 2015 feasibility study).

If they ever get the permission, Kvanefjeld will be the second largest rare earth mine in the world.
Extreme high risk/extreme high reward, basically

>>1799723
Thanks mate appreciate the effort.

>>1799732
you are welcome anon
btw you can subscribe to RM research on their website to get their reports as soon as they get published

>>1799723
when, not if.

it is being used as the case study for process moving forward.

>>1799743
Thank you I certainly will do that.

hey lads does anyone know the go with GSC?

MLS is making me nervous. Why are there so many large parcels being dropped? Insider knowledge? Perhaps the results aren't what we had hoped?
Someone calm me down before I panic sell tomorrow

>>1799787
What large parcels? 15k? Nothing. They have to release an announcement if one of the top 20 shareholders has a movement in their shareholdings. Nothing to worry about. Assays in a month - aka moon town

>>1799790
Did you not see the latest announcement?

>>1796585
global x has been manipulating this stock for ever.

they have held a large parcel for years, and have recently been line wiping and selling into dips. i'd go as far as to say that they are responsible for a good chunk of the jump from the 7s & 8s to now. they have the holdings large enough to do so - i havent bothered to check their declared differences between their announcements.... but who's complaining

>>1795224
check out RNU, and the size of their resources.

>>1799799
A capital raise? Yeah, so?

>>1799805

What?

There was no capital raise in the latest announcement?

>>1799805
Didn't someone dump like 10mil shares this afternoon? That's what people are saying.

>>1799815
Latest announcement is an appendix 3B - issue of new shares and options

>>1799819
Not an individual, you can see all of the trades that occurred - largest trade completed today was 2.72M which is under 40 grand on a company with 19M in capital... not sure what youre so worried about

which one of you was this

https://hotcopper.com.au/threads/ann-appendix-3b.3228530/page-25?post_id=22650440#.WKRNmzsrKUk

>>1799846
LMFAO howd you know?

>>1799861
Great job!

Check out the reply to your post for a good laugh

>>1799830
yeah, as far as I can tell they just issued some new options? Or did I read the announcement wrong?

>>1799787
Someone was still buying almost up until close, after the announcement. I don't think it was a dump at all, and the original anon just read the announcement wrong. I'm new though so I could be wrong.

>>1799508
I got out after a month of inactivity on that stock

I got on GGG at 0.194 hoping for a cheeky 10%.

Selling now

MLS 1.4 just got sold down into hard. Thoughts ?

>>1800995
Why sell now though? Aren't you thinking about the rise when the mine goes ahead?

>>1801047
And they have dropped since you bought

>>1801033
Just hold on for the assay results. What's your target sell price? Mine is 2c

>>1801082
I've got a lot more money in MLS than I should have. When millions shares get dumped like that it's worrying.
I put a sell order in at 0.014 then cancelled it 5 minutes later. Going to hold and hope this doesn't go to shit when assays come out

>>1801055
I bought in at .173 and they're sitting at .180 now. If I sold I'd only make 20 dollars after brokerage anyway.

>>1801092
yeah I'm in a similar boat to you. hold 800K shares at an avg of 0.014c.

I'm hopeful though. The momentum is there.

all that dumping is probably institutional investors 'tree shaking'.

Does anyone here have access to show a table of the volume trades per brokerage on a given day? They are posted on Hotcopper often. Would be handy to give us an idea on who is dumping.

>>1801092
#stronghands mate. Let's get to the moon together.

>>1801103
>>1801104
I hold 1.5mil bought at 0.012

Apparently the guy who sold down into 0.014 put an order back in for 0.013

>>1801125
50K at .014 for me>>1801125

>>1801104
#stronghands.

>>1770658
Suck to be you, cause today they signed up a defences deal with America.

>>1762546
Mgx up 25% this week

SGH dead or bear trap? Been watching it for weeks waiting for some news.

Don't hold but find HC interesting to watch with this stock

GGG just dropped from .182 to .175 within the space of 11 minutes. MLS went from .14 to .13.

>>1801542
Small shifts, whole market looks flat nothing to worry about

>>1801552
agreed.
Even TV2 that got hammered yesterday regained slightly today but there was still not much happening ASX wide today IMHO.

>>1800995
>buy high, sell low
the trend is still more than intact. also, with rising uranium prices, more people are investing in the uranium ETF, so they will have to buy more shares

>>1801152
They haven't moved since the announcement, but they'll probs bounce a few points.

I'll throw a thou in, thanks for the tip.

EQU picked up a cheeky .030% today, for those interested.

buy EDE & NUH,

>>1801768
bought CNJ yesterday, also held by the Tasmans

>>1801768
Are you suggesting EDE on the back of the latest announcements regarding US approvals?

>>1801653
How much were you in for?

MLS Making me nervous desu

Sell GXY?

>>1801805
4K at .130

>>1797509
Yeah, this is a long term hold. I trust in the Lithium meme

>>1801805
http://www.afr.com/markets/commodities/cobalt-gets-ready-to-shine-from-tesla-apple-samsung-demand-20170213-gubii0
Check this shit out. Cobalt to the moon.

>>1801624
Us virgins gotta stick together. I trust SAS simply cause its own by JEWS

Any short term traders here? I'm reading up on Capital gains tax and it must take a huge bite out of your profits. Is it even reasonable to sell shares before 12 months have passed?

>>1802218
If you've read it correctly, then (you), of whom I presume is a neet, won't be affected.

>>1802332
You presume incorrectly.

>>1802369
Forgive me. Regardless, unless you're earning over 180k, your profits won't be affected too badly by capital gains tax.

>>1801958
I don't think it's going anywhere until their launch in april though.

MLS being manipulated like crazy. Big tree shake yesterday and I don't think the ones responsible managed to get back in yet, which tells me no news today.

>>1803157
It's Friday too. Not much happens on a friday

EQU to the moon or already gathering rocks and about to comeback down?

Cunts pls help. Whats the cheapest broker for asx and international trading? Comsec have stitchup fees

Also whats a stock screener i can use for ASX?

>>1803384
looks like it's plateauing

new thread?

>>1802616
It's still 32.5% of my profit though. If I made 5 dollars on a share trade, they still take 32.5% of that yeah?

>>1803157
Just when back up to .14.

>>1803426
They don't take any. Capital gains aren't taxed under Pay as you go as Income is.
You have to declare all CGT events that result in a realised gain/profit in a financial year when you do your tax returns at the end of the financial year.

m8s

is there any way i can look at the offering documents for the accolade wines IPO? do companies have to file an s-1 equivalent through asx before the IPO takes place? problem is, there is no stock ticker associated with the company yet

>>1803426
>>1803485
CGT events that realise a gain are added to your assessable taxable income for that financial year. There's a lot more I could write about it but check out the ATO website for more info...

https://www.ato.gov.au/general/capital-gains-tax/in-detail/events/summary-of-cgt-events/

>>1803485
>>1803519
Thanks mate that really clears it up for me. I was hoping it wasn't pay as you go.

>>1803519
This was helpful

>>1803543
I might do a basic primer based on my CGT and taxation knowledge in the next thread.

Glad you found it helpful.

>>1795591
>2017
>still no robinhood in aus

>>1803748
Not that surprising, they only announced intentions to bring it to Australia in Dec of 2016?

>>1803773
They announced their plans for Australia in May 2015.

http://blog.robinhood.com/news/2015/5/4/onward

>>1803784
Damn.

GGG has died in the arse two afternoons in a row. I know it's market fluctuations, and I'm still ahead, but it's still annoying.Anyone using these dips to top up?

>>1803799
Nvm it's back to .180