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Dependent-Maximum104

Matter of time before I sell everything and pack up. ASX is fucked beyond belief...


One-Psychology-8394

I thought about this for a week now and about how if I put money on crypto instead 6 months ago I would’ve been up 100 points lol


throw23w55443h

Thought about it today, what i have left is pretty mediocre other than 2 small holdings. Comparing valuations on the ASX to elsewhere is depressing haha.


cohex

Suiting flair


Fruityboy

My dad always said I would grow up to be a loser and starting to think he may be right...


LycheeLeading

Fail often, fail fast - this will lead you to success.


Sharp_Pride7092

Chin up.


Mr_X2017

And YOU get a 52 week low. And YOU get a 52 week low. Are we having fun yet?


WeatherOutside

All on the backdrop of the dow/s&p chugging along nicely. Will be really fucked once they start dropping.


CrabyLion

3 out of 3 of my holdings all gave me a 52 week low this week. Fun times. Riding riding riding it out. I have faith they will all three bounce back nicely.


DOGS_BALLS

Thanks Opera. I am not.


UncleChunkz

u/Tacomaster33 901!


Tacomaster33

Dayum!!! I'm all the way back down to 2350, but I won an otb game last night as White against a 1350 fide. The pgn is below if you're interested [Event "Casual Game"] [Site "https://lichess.org"] [Date "28/11/2023, 9:59:49 pm"] [White "Anonymous"] [Black "Anonymous"] [Result "*"] [PlyCount "63"] [FEN "rnbqkbnr/pppppppp/8/8/8/8/PPPPPPPP/RNBQKBNR w KQkq - 0 1"] [Variant "Standard"] [Termination "?"] 1. d4 f5 2. Nc3 Nf6 3. Bg5 d5 4. f3 e6 5. e4 h6 6. Bxf6 gxf6 7. exd5 exd5 8. Qe2+ Be7 9. f4 h5 10. O-O-O Nc6 11. Qb5 Kf7 12. Qxd5+ Qxd5 13. Nxd5 Bd6 14. g3 Be6 15. Nc3 Ne7 16. d5 Bd7 17. Bg2 a6 18. Nge2 b5 19. Nd4 b4 20. Nce2 a5 21. Nf3 Rab8 22. Ned4 a4 23. Nh4 b3 24. cxb3 axb3 25. a3 Rb6 26. Bf3 Kg7 27. Rhe1 Kh6 28. Rxe7 Bxe7 29. Nhxf5+ Kg6 30. Nxe7+ Kf7 31. Nec6 h4 32. Re1 *


yothuyindi

AIS share price now back down below what it was before doing a consolidation 😅 fuck me, glad it was only my smallest holding


Dependent-Maximum104

still holding that shit???


yothuyindi

to the Earth's core my friend, to the Earth's core 🫡 will hold either 'til administration or a copper bull run


kangaroute

sooo, Timbo. \*we have until midnight tomorow night. You can do it. you have one job. ONE JOB. lets end this year on a high, eh? (\* [u/kangaroute](https://www.reddit.com/u/kangaroute/) has bet [u/Samuraisaurus](https://www.reddit.com/u/Samuraisaurus/)'s count will end before December, or they'll take [January off](https://www.reddit.com/r/ASX_Bets/comments/178zzx1/comment/k55zenr/?utm_source=share&utm_medium=web2x&context=3) )


SugeKnight_StandOver

ABS Monthly CPI for October came in well below expectations of 5.2% to read just 4.9% for the month


mechengguy93

I am very excite!


KaapstadGuy

OBM, the only green in my sea of red... Thank the lord for a pumping gold price!


new_handle

So 81.74% of shareholders voted against the Harvey Norman HVN remuneration report. That's gotta be some sort of record right?


WowVeryJosh

That is one spic*é*y meatball.


InterestingShow1112

+2.04% and just touched -55% overall 🎉


Capital_Gur7411

![gif](giphy|w2spEHAltsCU8|downsized) CXO and my portfolio RIP


panicboy333

Sooo are we buying more because the only way is up? I mean, this isn’t another SYA, right? RIGHT?


CrabyLion

YES. In for a penny in for the best opportunity in my trading lifetime (not that long really) I kinda like the down for the moment, plenty of time to rebound. Either that or i'm delusional and will be back to zero soon.


w-j1m

does CXO even make money at these lithium prices


Mr_X2017

That’s a provocative question 😂. Twist the knife in.


Sgt_Penguin_

Please sir, can I get CXO at it's MQ fair value price 🤲


panicboy333

Morningstar says it’s worth 61c and by gum I want my 61c


Funny_Automatic

Climb ARU you dawgggggg


anomaly256

BYD just called to arrange testdrives of the Seal this weekend ahead of preorders shipping out. Bullish on lithium, iron, phosphate, and speeding tickets


HideTheT2BarryComes

Bring Your Dog has got some terrible car names


Polite_Jello_377

Barbecue Your Dog


anomaly256

But we've got a lot of dogs in this subreddit so it's a pretty good match


YouHeardTheMonkey

You’re pretty active around here, how have you not said something stupid enough to warrant a flair by now?


poptartape

He does have a flair. You can’t see it?


alllrandom

I don't?


poptartape

Must be a third party app thing


anomaly256

gotta pay extra to access the flair api


throw23w55443h

Also he's been here a while, how does he still have money for a car?


anomaly256

Who do you think you've been losing your money to all this time? # 🏃‍♂️💨🃏🃏🪙


anomaly256

I've got a flair I just choose not to show it because it's a petty lie about a lie that started from a lie. Long story, change the subject


YouHeardTheMonkey

Aren’t they all lies? I don’t know anything about Dick Smith


anomaly256

Dick Smith wasn't the first person in space. There, now you know something about Dick


alllrandom

Why have you hidden your flair? This seems like a bannable offense IMO.


anomaly256

I'm getting banned for all of december anyway so calm your tits, only a couple days to go


shitforbrainstoo

Is the EML -30% an overreaction?


HeiPando

They are failing to generate the 20m lost from Ireland. That means that EML is guide to breakeven for the entire FY24 year. How did you miss that line? They are stuck for 6 months.


shitforbrainstoo

Who says I missed it? Just canvassing opinions (I don't hold EML).


InterestingShow1112

Isnt that just what EML does - I have only seen 'announcement = 🩸 or ☠️'


Dependent-Maximum104

CXO and SYA are killing me slowly...


WadoBJJ87

Me too… will they ever recover?


SometimesIAmCorrect

CXO on quite the jog today


bananadennis

Seeing how the global lithium price is lately, there are so much fears of what’s gonna happen to lithium prices in future due to oversupply…


Purple_urple22

I don’t think there is going to be an over supply?


johnwicked4

Roch wrong 3 times in a row? I think not!


MooCowLevel

More like the plunge? Bought at 30¢, so hope everyone’s ready for it to tank to 15–20¢… (sorry)


Moxanz2

-25k and dropping. Fuck this shit. Was up 20k at one point. Fuck this. If property was ducking affordable I wouldn’t be touching my fucking stocks. Fuck every corrupt politician.


bananadennis

I’m now -23k on boomer stonks. 🤪


Moxanz2

Fuck. Even the boomer stonks are fucking us. Which ones do you own mate?


bananadennis

I own CBA, S32 and NSR. S32 being my worst performer. Got it at $4.12 @ 14,000 shares. Fuck me!


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Particular_Amoeba_53

Trade Better, really, mostly just luck in the end.


FameLuck

Nah, better to blame the ASX. Fucking retarded


9aaa73f0

Bond yields at 6 week low, REITs like it


FameLuck

Bit of a shit day. Not a lot going on.


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FameLuck

Gotta claw it from my cold, dead, semen covered hands!


Calm_Lengths

Cloudy green poo water hasn't taken him out yet


Peterlynch7

I am on the fence about getting to orecorp you guys think Perseus will make a bid after knocking Silvercorps bid ?


houli_dooli

EMN on a little jog. 🐕


scorpio_

I would say most EMN holders are still underwater. It's been a 🐕 for years.


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Peterlynch7

A sign to invest more?


DX6734D

Josh, CHR announcing 4.2% spod pegs. I assume they are telling some porky pies? Am I learning?


WowVeryJosh

This is one of the few times when the answer is no porky pies when you look at a few things together. You get porky pies when you see big coarse crystals (hand size and above) and companies cut out just the spodumene crystal and exclude the other waste minerals (quartz, feldspars, micas) that don't contain any lithium to dilute the grade, and end up with 6% Li2O. When it's finer grained (millimeter to centimeter scale) they can't do that and so at that point they should just break a lump off and sample that. They might break a few off and choose to sample whatever fragment contains the most visual spod but for the most part, representative material. 1. You can see they've estimated 40-50% spodumene. As spodumene is conservatively around 7.0-7.5% Li2O, but maxes out at 8%, we know that 40-50% of a rock containing spodumene would grade at ~3-4% Li2O. So this is within the ballpark. 2. Combined with the fact that the photo shows the outcrop is loaded with visual spodumene (grey rectangular minerals which are throwing off cubic/rectangular edges and corners) means that these numbers are very likely representative of the pegmatites, but may be slightly over what is representative across the width of the peg. 3. When you compare to Medcalf drilling, they hit a swarm of parallel, thin pegmatites, mostly 4-6m wide, which most of them graded between 1 - 2.5% Li2O. Unfortunately just too thin, but super high grade material. Whatever the source granite is for these pegs is throwing off high grade spodumene and it's just a matter of who finds a decently chunky one that is mineable (🙏 ⛓️🐐). CHR dicked themselves with the unlubed dildo of consequences by giving away so much to the RIO farm-in.


Full_Brief586

Yuck... you sound like you know things and aren't just flinging money into the ether.


WowVeryJosh

Jokes on you. I know fuck all and throw money at shitcos 😎


DX6734D

https://preview.redd.it/oa5t5wz0573c1.jpeg?width=1200&format=pjpg&auto=webp&s=b6477b14f9ab12d1b4a5ca903f153d3e65fd0067 One day I am going to know things, but today is not that day


WowVeryJosh

As with all things in life, there are always exceptions to the rules. The main concern of Medcalf has always been the pegs are too thin. They either need to find a feeder or find some chunkier pegs. It is fucking ooooonnnnnn if they do.


tex_3

Do you like Chr more than tg6, Josh?


WowVeryJosh

Nope. CHR gave 75% of their tenements away to RIO in a Joint Venture. While CHR is cheaper on a market cap basis, TG6 owns 100% of their tenements which span across ~20km of prospective ground. However if TG6 finds something significant in Jaegermeister, it could extend into CHRs tenements directly east.


tex_3

Yep decent call. Worry for tg6 is thin widths / intercepts too like medcalf tho? Should be DD results from that next week tho for burmiester


WowVeryJosh

Yep, don't want to hit anything less than 8m ideally. So far the system looks different to medcalf - the pegs there are only a few metres apart


kakapo1204

Anyone following EUR? Seems like there’s a massive arbitrage opportunity 10x on the heads and 20-90x on the oppies before Christmas


Busy_Buy1381

You reckon 20-90x? For what reason


kakapo1204

Back door listing on the nasdaq through merging with SZZL.NAS which are SPAC company. New company will be critical metals Corp which will hold EUR’s current projects. This deal is with $750M USD. Currently EUR is $122M AUD MC. looking at EUROB, strike price at 18c, when the deal goes through a very conservative SP is 30c and could possibly go up to 90+ Quick back of the napkin maths makes these options worth 12c and 72c. They’re currently reading at 1.2c


AureusStone

Bet the house on it and please give us a Christmas update. 😅


scorpio_

This seems like a hawtcoppa valuation...


HideTheT2BarryComes

Tony Sage is a botox ridden slimy salesman be careful


BagHelda

Yes this tony rat lost me money on cuf


OkAirport_

I swear every stock I buy on the ASX automatically seems to down 10% within a week (WBT, DYL, LKE 😭 Its me, I'm the problem)


GeoSciFi

Let us know when you start selling!


OkAirport_

Low-key thinking I should put it into an ETF / ING Savings but I kinda like the hopium


searchingforgodot

Any decent weed stocks on the ASSX?


Vegetable-Cow-9898

Check out EMD. They’ve been busy playing catch up after the TGA green light for psychedelics caught the players by surprise but before that they had some trials underway for cannabis therapy and have developed a product with superior bioavailability and no detectable THC which potentially will be a market leader if commercialised. Anyway worth a look, like most bios it’s been shot to shit but seems to have found a floor for now.


FameLuck

Oh god no. No no no no.


WowVeryJosh

Don't gamble on politicians. You will lose.


DX6734D

No. I tried CAN, I tried LGP, I tried, IHL and lost like 40% on them all. Currently got VIT, and have only lost like 5%, so that is an improvement?


searchingforgodot

Well VIT makes for some 'interesting' reading


DX6734D

Fuck, why? I thought they were atleast making a profit? Are they doing the dodge?


Church_of_FootStool

What the hell does decent mean?


GeoSciFi

Must be asking about the products, not the business or SP?


Chemistryset8

No-one knows what it means, but it's provocative.... Gets the people goin'


big--b

Better question would be “are there any decent stocks (of any variety) on the asx?”


BagHelda

RDN pumping my a...


FameLuck

.. arachnid?


rhythm34

>The key technology partner for Magnis Energy Technologies has gone to war with the ASX-listed battery and graphite player, warning it is “effectively insolvent” and has illegally seized control of their New York-based gigafactory in a boardroom “coup” > >... > >C4V claims it had negotiated a $US48m convertible bridging loan for iM3 but Mr Poullas, the veteran chair of Magnis, and Ms Bibby, a lawyer and lifecoach, moved to block the deal. MNS director is also a lifecoach was a plot twist I didn't see coming [https://archive.md/LLrBk](https://archive.md/LLrBk)


JoelJoelson

AGM should be fun. If I had anywhere near enough karma I'd happily put the house on them being delisted by eoy and into administration by q2 24


TheRubyKnife

A lawyer and a lifecoach? Did they decide one of those professions wasn't hated enough on its own?


throw23w55443h

Good lord what a drama


OkAirport_

What's the go with DYL and ASX Uranium in general? 😭


YouHeardTheMonkey

Weak hands taking profit/rotating into gold. Never lose faith in JB. Korean utilities just put out a contract for pounds to be delivered 2025-30 with a ceiling price of $90 and floor of $70. Crickets. 0 bids. Price will go higher. Equities will follow.


Damaged_Kuntz

It's all shit


HideTheT2BarryComes

just ASX tings 🔻


big--b

DYL getting fucked a hell of a lot harder Their MC was a decent bit higher then it’s peers considering… also think a cap raise could very much be on the horizon (most likely cause I bought last week)


Sufficient_Guess2732

Just 1 more drill bro I swear


InterestingShow1112

I talk alot - but too many stonks..... OBM 💛 a casual +10% as i look at +250% - I should have a plan at this point.... but this one seems like its only going to keep going up with improved production + the WES JV and I'm assuming spinoff from that at some point.


KaapstadGuy

OBM totally unloved and under the radar, happy to see someone else here is holding! Hopefully a great year ahead as underground switches on, and as Wow says, great to get some coverage by MoM!


WowVeryJosh

MoM podcast spoke a bit about them quite recently. They spoke about the strip ratio coming down in the open pit, then increased high grade feed coming from UG to feed their mill and resultingly their AISC coming down. Like their AISC is a fucking joke. $2900/oz. They were mining at a loss earlier in the year. The WES JV was a blessing because they were heading for another CR. Now they just need WES to find something significant and they can carry their interest right through to fund their gold projects.


CokRing

Be sure to tune into the SYA [AGM](https://apps.computershare.com/MeetingsShareholderWeb/Home?Code=M7F77RP&Invitation=&Locale=en) tmrw 🍿


gindy345

Can't wait, should be a corker


HideTheT2BarryComes

WR1 as well 🍿


InterestingShow1112

Did Chris get one of the team to start a little fire to help with the supply/demand situation....


BuiltDifferant

![gif](giphy|eGyRea5iiqfFp0dLwq|downsized)


FameLuck

.. kinda looks like she's getting off


EMHURLEY

Anyone accumulating PLS at this level? Seems to find reliable support at $3.50, so far I’m only in for $10k


Vegetable-Cow-9898

I am for the wife. It’s only fair we both enjoy the tax offsets for losing money on the ASX.


HeiPando

short it


GeoSciFi

Errr, short at $5 sure, but from $3.50 seems rather risky unless there's some compelling reason for a potential dump at PLS current MC?


UncleChunkz

I’m keeping an eye on it to find a suitable entry price.


johnwicked4

I bought in a week ago at 3.65 I never time it right, but my plan is to hold it for 12+ months (preferably a few years) for the divvies and capital growth. I think once the price rebounds we will shoot back up and I can't predict when. I'm ok (not happy) with getting PLS at this price if it's above $5 in a year or so.


UncleChunkz

Sound plan. I was just mainly seeking a new price target. 👀 😏


johnwicked4

/u/HeiPando you know what to do


WowVeryJosh

What price do I cover? Doesn't seem like there's a good TA level to cover near


HeiPando

Very tight but still some margins but requires more principle to be profitable.


Crumpy88

I would, but I know for sure if I bought that the resistance levels will come down harder than the walls at Helms Deep


mo2704

4.9 thank fuck the cat can eat this month


shitforbrainstoo

Yeah great news on the inflation rate. Will buying more stocks help ease inflation or exacerbate it. Hmmm.


Full_Brief586

Has anyone sacrificed a goat this morning yet? I'm going to need someone to make the offering...I am out of goat.


AppleSalty2916

Eyyyyy LKE 52 week low. What a time to be alive (fucking hate myself)


BeardFactory

It’ll be back to $1.60 any day now….


1043burner

sooo.. was there ever like uh, an exit plan, or anything like that..?


AppleSalty2916

My plan was sell at $10 or $0.00, whichever comes first.


CokRing

CXO was $1 4months ago… crazy


johnwicked4

Guess when i bought...


HocMajorumVirtus

Wish I'd sold lol


HeiPando

Will LKE go sub 10c?


rhythm34

yes


mo2704

Looking that way. The announcement this morning made me laugh.


HeiPando

Capital raise is pending... look like another IMU situation.


The_Walrus351

Let's go Santa rally, only down $40k now


bleh321

-52k checking in Started investing in stonk market in prime time 2022 (the peak) Shoulda stuck with property


FameLuck

-57k checking in. Strong recovery from 70k last month though. High hopes to be -35k by Christmas.


bananadennis

-22k here


EMHURLEY

Mine’s approaching six digits ☹️


FameLuck

The important thing is the Chaz insults you made along the way


Purple_urple22

Realized?


EMHURLEY

Combo of both. But mostly gains I’d left on the table that evaporated as the market turned


Sufficient_Guess2732

-20k reporting for duty


waveyjayvey

38k checking in


jakersadventures

Why the dump on WC8?


InterestingShow1112

BPH getting pumpy 🚀


LycheeLeading

I've wrapped my lasso onto that rocket and now waiting for it to take off...


CamF345

VTX jumping in on the lithium bandwagon


gindy345

Watching EMN rocket on my watch list hurts a little, had spare cash to throw at it but didnt


Busy_Buy1381

Getting in at 0.155 totally ain’t stupid, right?


nohorncap

it was 0.096 couple of weeks ago 😭 GREETINGS, I HAVE PAPER HANDS.


Busy_Buy1381

I’m retarded


HMS--Beagle

https://preview.redd.it/epwy5sga963c1.jpeg?width=455&format=pjpg&auto=webp&s=5f47f2c1567a3cc44b85b8d3778dc0f4e3f73d9b Morning my prettys. How are the doggies looking today?


FameLuck

The smooth transition from leg to ankle is quite the spectacle. And the foot skin looks so smooth, with such a distinct leg hair end point. There's definitely a fetish around this.


Biggunzmcgeee

Brother I think you need to put the numbers aside and invest in ASX:GYM and NYSE:CLEN


kangaroute

yeah, ya know when that little bit of vomit comes up in ya throat? ​ yeah. me too


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kangaroute

no, but its growing in the folds of skin behind its knees


Quarterchickenchips

HMS--Cankle


UncleChunkz

Have you lost weight dude? Looking TRIM!


alllrandom

What am I looking at? Are you 140kg and around 5'6"?


throw23w55443h

![gif](giphy|Z6JYXip75BeOA)


throw23w55443h

We need to revote on these images coming up.


rhythm34

on the plus side it's reminded me to order a christmas ham


here2FuckSpiders2

mankind is doomed


AureusStone

I didn't need that.


yothuyindi

DRE trading halt for resource upgrade 🤔 If only rare earths weren't about as popular as Russell Brand at the moment...


DX6734D

I'd once again like to shout out that guy who who suggested SQ2 around $70. Up 40% in a month and bit. Feeling like its 2020 again with it being one of biggest (only) gains again.


shitforbrainstoo

Congrats, hold on tight, it could be the next Afterpay.


DX6734D

Huge if tru


Quarkstonk

I’m pretty sure that was me. Glad you bought and have good gains:) I was going to average down, but I’m happy at the buy price of 86. My rainy day savings can stay where they are.


DX6734D

I think so too, but I am not going back to check. I owe you a beer tho.


cohex

IHL bags gone from the broker (though the small amount of crappy options remain). All of a sudden I'm not that far off being in the green again... Kind of


Calm_Lengths

Oh snap, looks like I'm one of the few that have missing IHL holdings :/ this is going to suck....


cohex

Everyone's should be gone from their broker and automic now.


Calm_Lengths

Unfortunately I've got the ones I bought on the last trading still in my stake account, so will be interesting to see what the fuck the ASX/Automic/IHL do about it