AFF Member Stock Discussion

[RSD]

Bit of a mixed day -
AUQ got line wiped a few times on its way from 4.3 to 4.7c then closed at 4.6c - the sell side has thinned out further.
FG1 didn't really do much despite announcing the discovery of a new high grade gold vein
HGO fell one pip on no news.

Lets see what Wall St delivers tonight - a fair bit of U.S. jobs data getting released at 22.30pm our time - will be interesting to see how real it looks given what happened last month.

 

[RSD]

Something I've only noticed tonight with AUQ - two of the biggest sell orders which together totalled about 1/3rd of the entire sell side - they've disappeared late today - they had been there for quite a long time. Now down to less than 2 million shares left for sale in total -

 

[Brissy1]

Something I've only noticed tonight with AUQ - two of the biggest sell orders which together totalled about 1/3rd of the entire sell side - they've disappeared late today - they had been there for quite a long time. Now down to less than 2 million shares left for sale in total -
View attachment 467655

Not sure how much weight to put on displayed market depth. I think that many big buyers/sellers don't put in an order @ $.. as it creates a blocking (up or down) price so anyone who wants to trade would then put in a price below/above. So we don't know the big intentions. They buy/sell any outstanding when it gets to their price. Just a theory, and a generalisation.
Cove probably has a technique

 

[cove]

@Brissy1 that isn’t me. I talk to Mrscove about all the folks who buy one share in companies. That isn’t us either.
I am now in Sydney for tomorrow’s frequent flyer seminar.
Finbar finally jumped after sitting dead for a long time. Their sales are going ok. That is FRI and we bought lots of under 70.
Today the market is good in a crazy good way.

 

[RSD]

@Brissy1 that isn’t me. I talk to Mrscove about all the folks who buy one share in companies. That isn’t us either.
I am now in Sydney for tomorrow’s frequent flyer seminar.
Finbar finally jumped after sitting dead for a long time. Their sales are going ok. That is FRI and we bought lots of under 70.
Today the market is good in a crazy good way.

There's a FF seminar in Sydney tomorrow? I'm about to head to Sydney for a scuba diving show that is on all weekend.

 

[cove]

Yes @RSD but it is booked out with a waiting list. You could come to the dinner on Saturday night in Newtown at 7.30 pm.
You would need to contact the AFF editor and have $55 cash.

 

[Brissy1]

Yes @RSD but it is booked out with a waiting list. You could come to the dinner on Saturday night in Newtown at 7.30 pm.
You would need to contact the AFF editor and have $55 cash.

Sydney dinner on 6 September 2025 (after the AFF MasterClass)
Sorry that link didn't populate but anyway can search; I'm a late addition.

 

[RSD]

Sydney dinner on 6 September 2025 (after the AFF MasterClass)
Sorry that link didn't populate but anyway can search; I'm a late addition.

Cheers - I will take a look at where Newtown is and see if it is practical from where I am staying.

 

[RSD]

Yes @RSD but it is booked out with a waiting list. You could come to the dinner on Saturday night in Newtown at 7.30 pm.
You would need to contact the AFF editor and have $55 cash.

Unfortunately I don't think that it is going to work - next time!

 

[RSD]

@CaptainCurtis and my AUQ slowly went backwards all day - and then right at the bell someone wanted in big and it ended up a bit.

 

[cove]

Finally there were some big players in Reece yesterday so they ended up at $10.42 on many trades.
We took up the Lynas SPP which is LYC.
Have been buying Digico which is DGT around $2.90 and Atlas Arteria just above $5.20. ALX will go ex for a 20 cent half year distribution this month.
The ones that got away:
Resmed RMD
Cobram CBO
Insurance Broker AUB
In each case I wanted them but the price I set was too low so off they went.

Took up a placement in Black Canyon which is BCA.
Had a look at MC2 which has a large undeveloped copper prospect but the lack of liquidity made us pass on that placement.

 

[prozac]

Finally there were some big players in Reece yesterday so they ended up at $10.42 on many trades.
We took up the Lynas SPP which is LYC.
Have been buying Digico which is DGT around $2.90 and Atlas Arteria just above $5.20. ALX will go ex for a 20 cent half year distribution this month.
The ones that got away:
Resmed RMD
Cobram CBO
Insurance Broker AUB
In each case I wanted them but the price I set was too low so off they went.

Took up a placement in Black Canyon which is BCA.
Had a look at MC2 which has a large undeveloped copper prospect but the lack of liquidity made us pass on that placement.

I am still standing aside Reece. It needs a US interest rate cut and it is looking like this is not going to happen. US inflation still high and likely to move higher. Coupled with an unemployment problem US might be headed for a period of stagflation.
World markets at all time highs is concerning.