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:
Remed RMD
Cobram CBO
Insurance Broker AUB
In each case I wanted them but the price I set was too low so off they went.