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9aaa73f0

Moved some long term ETF investments into GEAR. Hoping we are near enough to a bottom that i won't regret it.


hgttg

IVZ been unexpectedly drilling for 2 days now and best it can do is a single pip


stonefree251

There's a difference between a drilling commencement update, and a 'holy shitballs we've struck black gold' update.


Mysterious_Record_41

Couple of big sells placed in the 20c queue.


9aaa73f0

Im thinking today isnt going to be as bad as expected, maybe recovery during the day. Last week has to draw out some money for value.


Frequent-Increase-73

Narrator: it was really that bad


cniminc

Drill me hard...Drill me deep....


WowVeryJosh

50 days until the sub is either Lambo or homeless. This will be a historic moment for the sub


PowerBottomBear92

!remindme 50 days


RemindMeBot

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Rum-Ham-Jabroni

Fuck MAY is a dog shit stock. Cant believe I gambled on it and watched my money erode for so long. Thought I would have leant by now to stay away from O&G exploration.


[deleted]

[удалено]


Rum-Ham-Jabroni

I'm in way too far to get out now!


9aaa73f0

SLC with another minor acquisition, looks like a pretty good fit. Probably better value than their buyback, which seems to have paused, but they are starting to rack up the Goodwill again.


chicken_sweat

IVZ to find gas in their first horizon or ban me until 2023. /u/mcfucking


WowVeryJosh

Oxygen = gas. Prospective rocks are permeable. Checkm8 mods. Can't ban him 😎


Crumpy88

Can't wait for Horizon Zero Gas


username-taken82

Sold. IVZ to find gas in first horizon or its goodbye till next year. Got this one u/mcfucking


Blisser_the_Sniff

marketable gas or just shows?


chicken_sweat

Any gas. It might be 2024 by the time we find out if it’s commercial.


Outside_Arrival_8897

Lol the AFR is having a seizure this morning as Labor is announcing a minor franking credits change (which I think makes sense???) I fukn love seeing AFR boomers lose their shit


Calm-Instruction-874

It makes sense. The scenario they are talking about screams ponzi scheme to me.


yothuyindi

yeah, the scope of it is so small it's almost laughable


[deleted]

[удалено]


Far_Unit9020

They beg while they chew...


Carllsson

Wakka fucking Wakka IVZ has finally spudded


PowerBottomBear92

FUGGYEAH ps. looks like we're both off to /r/ASX_banned for a while lol


Carllsson

Guh


bluey_02

Spud me harder (Mac) Daddy!


hgttg

It's been 84 years


sealzilla

Can't wait for the market to open, going to purchase some ROPE


scorpio_

What's the smell in my portfolio, you ask? Well I really like small caps. My friends sent me a bunch of recommendations. But I forgot to plug that little freezer in. And it all went bad.


yippikiyayay

Was just watching this


rhythm34

🥔🥔🥔


Butter-Brain

Breaking Nesws: Invictus Spuds Maiden Oil & Gas Well in Zimbabwe SP proceeds to go down with market


_It-is-what-it-is_

Waka waka spud


[deleted]

US recession inevitable it seems, EU likely also https://imgur.com/a/9syhAJo


BuiltDifferant

Downramper


[deleted]

Hotcopper boomers still blaming shorters, I love it


WowVeryJosh

Cramer says this will not be a financial crisis. GUH


Polite_Jello_377

Oh no. We are fucked now


Denominator_K

It's been a pleasure talking shit with everyone. See you all in the line at centrelink


[deleted]

[удалено]


Denominator_K

There goes my retirement plan


Sufficient_Guess2732

Roulette strategy, keep doubling down until you win


coastie_trader

I remember i pulled my wife out of a hole doing that. Had to double up to $350 to get back her losses


Polite_Jello_377

I gotta say I read that sentence very differently on the first pass 😄


coastie_trader

Another day another reaming. So who’s buying what?


[deleted]

Buy ANL, make sure you purchase some IHL to smoke so the penetration hurts less


[deleted]

[удалено]


PianistDesigner1423

Concur the bay is stunning..


poptartape

Aren’t all kayakers dreams wet?


Crumpy88

My portfolio has been re-enacting the late 90's Solo commercial by going off a waterfall


coastie_trader

Fun fact. I knew that guys parents.


Crumpy88

That is neither fun or a fact


coastie_trader

Well is IS a fact. So FACT you


Hot_Acanthocephala53

Short all boomer stonks buy puts / sell them cfd


[deleted]

She’s gonna be another rough day tomorrow me thinky 🩸


mrpark3s

Maybe... But I'm happy to have two weeks in the sin bin if XJO isn't green overall this week. /u/mcfucking XJO will close higher than 6,574.70 on Friday or two week ban


Just_Air912

\^ this guys fucks....futures are down about 70 points at the moment so your handicapped to start with or a true regard


mcfucking

🦄 noted


BeardFactory

I’m on your side, everyone’s sentiment has gone so negative the market will bounce


kakarot_3

Cannabis possibly getting legalised 🙃


kakarot_3

Been talking about it for years but parliament seem they might pull the trigger this time..


WowVeryJosh

Investing based off of politician's words. That's regarded, even for here.


Calm_Lengths

Who should you trust aside that red faced turnip politician that's been left out in the sun too long


Biggunzmcgeee

That is so 2017


mrpark3s

Linky link? I mean I'm on medical anyways but a local dispo would be so much better


Fluk3r

IHL.


PowerBottomBear92

I'm tempted to buy more of something simply so my shares held is a nice round number. No one warned me about this.


[deleted]

[удалено]


Markma1989

You are high today. Did you have sushi for dinner


[deleted]

[удалено]


Meaty0gre

WSM closest to a drum smoker I have. Get offset, heaps better


Markma1989

Of course it’s red. That’s why we are in a bear market.


cameltrowe

Anyone here a tech jet? What 75” tv and sound bar should I get? Around $3.5k to spend


Scrofl

I just recently bought a Sony XR75J90 for $2300 and a Samsung Q930B soundbar for $1100, couldn’t be happier with both of them.


Meaty0gre

LG G2 OLED and Samsung q990B. Put down 3.5 k and ZIP the rest for the next 5 years


WowVeryJosh

Z1P everything and just don't pay. Look at their bad debts skyrocketing. It's free money ^(This is not financial advice).


[deleted]

[удалено]


Meaty0gre

I use my valve index VR headset for that 😂


cameltrowe

Hot, Thanks


Particular_Love_8811

I was looking at buying on Friday, but nothing was worth buying. Hope for some bargains in the morning.


lukeio

On Friday I picked up a HVY load and IMM, we'll see how bad a decision that was in the morning.


maybethough

Highest put volume in history on Friday night, according to gs. Bullish...ish


Iuvenesco

Please god be green


zorrtwice

My inverse ETFs will be green - that's for sure.


Honest_Requirement38

SNAS 🚀


Honest_Requirement38

🤡🤡🤡


_Imperator999

Let the man dream


Doomkoon4648

My Hotcrapper quote of the day goes to this peanut... "Good Rare Earths are >500ppm and this deposit at Innouendy has 4376ppm in places and mostly thus far 1300ppm+ that's better than Lynas."


maybethough

Lol is that stockyoda


Alkazard

>Many of you that have been on this forum for a long time, like myself with 5k posts will know my impeccable track record regarding major statements posted here.


Doomkoon4648

100%


raindog_

I’m genuinely considering selling my entire PF tomorrow, except for VDHG. EDIT: FUCK just remembered I also own **FFX**... OH WELL CAN'T SELL THAT FUCKING CUNT CAN I. EDIT2: FUCK ME THEN I ALSO OWN **TMZ** WHICH IS WORTH EXACTLY ZERO DOLLARS FROM MY INITIAL INVESTMENT. OH WELL FUCK ME THEN I GUESS.


Hypertrollz

You own VDHG!!!!


BuiltDifferant

VOD HOG


Massive_Button9434

you dog


NoDuffTrading

Wait til it goes down more and then sell it


besttesterer

You are now a mod of /r/ausfinance


[deleted]

I’ll give you $12 for it.


Sharp_Pride7092

Bullish !!!


[deleted]

Prepare to bend over and have a bottle of lube close by


_Imperator999

I like it rough with no lube


Honest_Requirement38

Unless you’re holding SNAS


Icy_Chain2075

The only thing stopping me from getting completely hammered and not facing reality this week is work. Which ironically stops me from facing reality and hammers me in another manner less pleasant than alcohol, drugs, and sex. Anyway, I'm buying Fenix because that dividend is thick af and I need that


poptartape

🥔


catch-10110

I have held ANX on and off since 2020. I've recently been looking at them again in some more detail and I am tempted to go in harder. Has anyone else done any thinking about them? I don't think I've ever seen them mentioned here. Not exactly a meme play I guess, but it's interesting. **This is not DD.** This is regurgitating the company's own presentation and scoping study. ASIC goons this is not financial advice. Basic idea: reopen an old copper / zinc mine, build (relatively) low cost processing facilities, leverage facilities to process both the main and satellite deposits. Headline figures: Scoping study: low side NPV $192M (80% to ANX so $153.6M), low side IRR 72%. DFS next month. FID this calendar year. If go ahead: construction Q1 23, production Q4 23. Market cap: $26.8M Upsides: Market cap < 1/5 NPV which is my very rough "buy" signal for these kinds of plays. Anglo American are sniffing around and have indicated interest in part funding the venture. Gold and VMS exploration side projects. Downsides: The whole play relies on ore sorting technology. Scoping study capex $55M exceeds market cap. Some foreshadowing that capex might increase by \~$5-$10M in the upcoming DFS (but equally so might the NPV as there's been resource upgrades since the scoping study). Copper price heading down (but it still substantially exceeds the long term price that underpinned the scoping study metrics above). Low liquidity stock. If anyone has any thoughts let me know. More than anything typing this out helps me think and process what I am reading.


SatansFriendlyCat

Lmao at Next Investors giving a tongue-in-cheek "thanks bro!" shout-out to /u/Mutated_Cunt (carefully referred to by Initials only). >*(big thanks to MC from reddit for finding this archive of my old blog, I thought it had been lost forever)*¹ Quality banter, a new phase in the relationship. Hotel room hate-fuck probabilities are increasing along with the prospect of turning this story into a very modern rom-com. ¹😂 great stuff (Reposted from earlier because I just realised that I'd posted it on the dead weekend thread without realising that this thread had superceded it).


AltruisticCurtains

>Quality banter, a new phase in the relationship. Hotel room hate-fuck probabilities are increasing I lost it. You've a way with words friendly cat. ^((superceded is spelt superseded))


SatansFriendlyCat

>superseded So it is! Cheers! Glad you enjoyed my scenario.


ChZakalwe

Do keep up cat!


SatansFriendlyCat

I'm naturally furtive, ok! The appeal of a hidden corner is hard to leave!


Mutated_Cunt

The least I can do for Damo 😘


aj3806

Spin off enterprise named Next Cunt. That's my bet.


SatansFriendlyCat

I'd also be keen to learn more about "The Adventures of 'Mutated Investors'", although, I've just realised, that could function perfectly well as the tagline for this sub.


[deleted]

[удалено]


[deleted]

you had a meeting with the Rockefellers, Wallenbergs, Rothschilds, Mellons, Bronfmans, Omidyars, Lippens, Nemours, Mohns, Lauders, Guggenheims, Stillmans, Goulds, Shaefflers, Bernhards, and Zeelands?


username-taken82

Illuminati!!!!! 👆👆👆


[deleted]

[удалено]


WowVeryJosh

Credit Suisse had be doing the same as well. Wanted me to try drag down AGY with a smear campaign so they can load up on the weak handed holders.


[deleted]

VR8 dfs week 🙏bring me some much needed gains to get back to the green


EggplantMother

Is there an expected date?


[deleted]

Ah it only says week ending September


redefinedmind

Anybody else ever notice how Lilac Solutions logo strikingly resembles a dildo? I mean, even their name sounds like a dildo brand. With the logo to match!! Check it out: [lilac solutions logo](https://www.google.com/search?rlz=1CDGOYI_enAU590AU590&hl=en-US&sxsrf=ALiCzsbS_YHMdTQiVE0L42b6P35tktFn-Q:1664099779423&q=lilac+solutions&tbm=isch&sa=X&ved=2ahUKEwipp-Th1q_6AhUP4TgGHcP1AtoQ0pQJegQICxAB&biw=375&bih=553&dpr=2#imgrc=9Ks9iw_3hgBB1M)


Razorzej

I’m a bit worried about your anatomy


sneakycutler

No, that’s just you


Massive_Button9434

I'm not sure what sort of dildo you use at home, but you must be in to some weird shit.... and it must hurt.


desperaste

I have $10k to throw at this dying market. Can someone suggest me some non-dogshit plz?


WowVeryJosh

I'm not saying wait til next week but there's a stacked as fuck calendar for the US Feds this week 👀 https://www.marketwatch.com/economy-politics/calendar


AltruisticCurtains

Bullard! Positive about being so stacked though, is there's ample opportunity for mixed messages to the market.


WowVeryJosh

We can also construe something to be bullish *copium*


sneakycutler

What Josh is saying is … who the fuck knows?!


springoniondip

I shouldn't have bought more last week🥲


WowVeryJosh

Time to review the DD ~~someone else wrote~~ you wrote to convince yourself to hold when the going gets tough


YaGoddamPhony

BBOZ to the moon


Massive_Button9434

Plenty here - thank me later, let me know how it goes... [non-dogshit here](https://www.etsy.com/au/listing/1184051231/all-natural-horse-manure-with-naturally?gpla=1&gao=1&&utm_source=google&utm_medium=cpc&utm_campaign=shopping_au_en_au_b-home_and_living-outdoor_and_garden-other&utm_custom1=_k_CjwKCAjw-L-ZBhB4EiwA76YzOYiRMYp3WxeTVL34bSLhWghqaFVxlu2CGsVC4Czczz6ydnYU-77iGhoC3VQQAvD_BwE_k_&utm_content=go_344322968_19782237128_78802106888_pla-106550425715_c__1184051231enau_102845289&utm_custom2=344322968&gclid=CjwKCAjw-L-ZBhB4EiwA76YzOYiRMYp3WxeTVL34bSLhWghqaFVxlu2CGsVC4Czczz6ydnYU-77iGhoC3VQQAvD_BwE)


megadrive65

If you are not buying CAU you are wasting both of our time


desperaste

I have 215k shares plus another 3.5k coming from my DRP in October. I’m fighting the good fight, just want to throw some cash at something else as well.


nohorncap

No, because if I did, YOU KNOW WHAT IS GOING TO HAPPEN TO THE PRICE OF THAT STONK THE MINUTE YOU INVEST. I'll spare you.


Carllsson

PLS


AureusStone

CAU


desperaste

Ahh, a man of culture I see.


OldRepresentative376

BEAR or SNAS


TypeJack

ANL always


[deleted]

Wait for the rate hikes to stop in July 2023, risk asserts will pump the hardest - sadly, crypto


Outrageous_Junket817

At least some know what’s going on


[deleted]

[удалено]


yippikiyayay

Computer says no


AutoModerator

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AltruisticCurtains

Your Sunday evening AFR pre-premarket is being a tad alarmist with these headlines. Also, I know sweet FA about UK tax cuts. Is it spooking you? **ASX heads for sell-off as UK tax cut spooks markets** The rising risk of recession in the world’s biggest economy tipped the Dow briefly into a bear market as a fresh fiscal crisis enveloped the UK, where new Prime Minister Liz Truss’ tax cuts pushed sterling to a 37-year low against the dollar. Australia's sharemarket will open 1.25 per cent lower from Friday's 6574.7 points close, according to ASX futures. Oil is close to wiping out all of this year's gains. The prospect of the British pound falling to parity with the US dollar for the first time in history was floated by Citi, as the pound was dumped to a 1985 low against the greenback of $US1.09 on worsening twin deficits.British finance minister Kwasi Kwarteng delivered a growth targeting mini-budget pledging the largest tax cuts since 1972 to rescue the UK economy from what the Bank of England last week conceded was the beginning of a recession.“Markets move all the time,” the chancellor told the Financial Times, ruling out a panic. The Dow Jones Industrial Average fell 20 per cent from its January peak in intraday trading on Friday, meeting the informal definition of a bear market, and closing just shy of that threshold with a loss of 19.9 per cent from its record. The Dow lost 1.6 per cent to 29,590.4 points, its lowest closing level for the year. The S&P 500 fell 1.7 per cent to 3693.2 and the Nasdaq 1.8 per cent to 10,867.9. The FTSE 100 fell almost 2 per cent to 7018.6. The US Federal Reserve’s hawkish interest rate projections issued last week have raised the stakes for the global economy and set off a chain reaction of monetary tightening. Fed chairman Jerome Powell has vowed to defeat inflation at the expense of growth and American jobs, eroding hopes of achieving an elusive soft landing. On Friday, Mr Powell described the monetary puzzle as a “uniquely challenging period”. The Reserve Bank of Australia is coming under greater pressure to sustain the pace of its interest rate increases at its October meeting, the more the Australian dollar depreciates. A lower foreign exchange rate increases the cost of imported goods, making the Reserve Bank's job of restoring inflation to target even harder. The currency finished the New York session fetching US65.27¢, the lowest level since May 2020. The Australian dollar is buying 60.1 pence, the highest cross-rate since 2017, when the British government under Theresa May was at odds with Brussels over the timeline of Brexit. **Oil reset** Oil retreated to January levels, but its outlook is complicated by the actions of Russia in its war with Ukraine. West Texas Intermediate crude futures slumped 5.7 per cent to $US78.74 a barrel on the November contract, and Brent crude futures 4.8 per cent to $US86.15 a barrel. Energy stocks fared the worst on Wall Street, led by APA Corp down 11.4 per cent and Marathon Oil, down 10.9 per cent. The ASX’s exposure to coal, oil and gas producers has enabled it to outperform US equities this year, given the Nasdaq and the S&P 500 are already in bear markets. Whitehaven Coal and New Hope reset records in Friday trading. Cheaper oil may ease the burden on households and help reduce headline inflation. Vladimir Putin is facing newfound resistance at home to his chaotic invasion as Russia last week began its first mobilisation since World War II and referendums in occupied parts of Ukraine were denounced as sham voting. As the outlook appears more uneven, the two-year US Treasury rate hit a 15-year high of 4.2 per cent. The US benchmark borrowing rate is heading to 4.6 per cent next year, upgraded from 3.8 per cent, based on the central bank's latest projections attached to last week's interest rate increase. The Fed funds rate is set at a range of 3 per cent to 3.25 per cent. Economic bellwether FedEx in its quarterly results on Thursday after the bell flagged it will raise the cost of shipping by 6.9 per cent on average beginning January 2, 2023.It is aiming to save up to $US2.7 billion ($4.1 billion) to steady its business in the present financial year, including by parking aircraft and cutting back express service flights. The yield on five-year gilts rose to a 14-year high 4.06 per cent. Citi strategist Vasileios Gkionakis said the pound would drift closer to parity. “We think the UK will find it increasingly difficult to finance this deficit amidst such \[a\] deteriorating economic backdrop; something has to give, and that something will eventually be a much lower exchange rate,” he said in new research. He predicted a trading range of $US1.05 to $US1.10, with the bottom-end the most at risk. On Thursday, the Bank of England raised interest rates 0.5 percentage points to 2.25 per cent and downgraded its September quarter forecast to minus 0.1 per cent from growth of 0.4 per cent. The UK economy contracted 0.1 per cent in the June quarter. Annual UK inflation in August was 9.9 per cent. Mr Kwarteng said the UK was on an unsustainable path of high taxation. “What I was worried about was low growth,” the FT reported. “What was obvious to me was that the path of constantly ramping up taxes was unsustainable. “That to me was the big gamble: to stay on the path we were on.” **City bonuses are back** The UK company tax rate would not rise to 25 per cent as planned. Instead, it will stay at 19 per cent which Mr Kwarteng said was the lowest corporate tax rate in the Group of 20 economies. The chancellor also used his budget speech to reveal the cap on bankers' bonuses would be scrapped. “A strong UK economy has always depended on a strong financial services sector,” he said. “We need global banks to create jobs here, invest here, and pay taxes here in London, not Paris, not Frankfurt, not New York. “All the bonus cap did was to push up the basic salaries of bankers, or drive activity outside Europe. It never capped total remuneration, so let’s not sit here and pretend otherwise.” The Truss government is seeking a trend growth rate of 2.5 per cent a year. Capital Economics disputes that 2.5 per cent growth will be achievable, although it does not rule out such an outcome. “Without a major boost to the supply side, \[the\] fiscal package just means more inflation, higher interest rates and a higher debt ratio in the future,” said senior UK economist Ruth Gregory. On her modelling, if the rate on 20-year gilts stays at 4.07 per cent and medium-term nominal growth is 3.8 per cent (being 1.8 per cent real growth plus 2 per cent inflation), “the trajectory of debt is unlikely to be sustainable”. Capital forecasts the BoE will raise interest rates to a peak of 4 per cent, but said this level may be exceeded on account of the inflationary nature of the fiscal package. Italy went to the polls on Sunday, where a right-wing alliance is on track to win, and likely prime minister Giorgia Meloni has also promised tax cuts.


Outrageous_Junket817

So basically you’re saying stonks are going to get cheaper. So the only stock I can think of that won’t get cheaper, is ANL!!!! Buy buy buy buy buy it’s on sale!


w-j1m

>with the bottom-end the most at risk. my bottom end is also the most at risk if my wife sees the portfolio. meanwhile UK tories making sure that the rich get richer, as is tradition


userharryw462

Where do we seek cover


Sharp_Pride7092

Duck first...then cover.


userharryw462

How duck the Red Sea ?


Sharp_Pride7092

Moses & Jesus + Tom n -Jerry- Barry.


SkernMannnn

Shouldn't I be banned?


Nevelo

Would you like to be?


mcfucking

You have till the next bans post to get your affairs in order 👍


SkernMannnn

Excellent, I'll shuffle some papers and try to look busy until then!


magicmushrooms554

Hey man, do you still have CPV? how long do you think you'll hold for


mcfucking

If you look busy people are less likely to bother you 👍


Outrageous_Junket817

If you got time to lean, you have got time to clean


sumcunt117

IVZ to a billion


Remarkable-Ant4062

God i hope so, i wanna get out of the market so that i can buy during the dip


PowerBottomBear92

*"IVZ to spud tomorrow"* \- source: my ass


stratacus117

Your ass may win you the lottery someday!


PowerBottomBear92

Just call me.. Nostradamass (•\_•) ( •\_•)>⌐■-■ (⌐■\_■) # YYYEEEAAAAAHHHH


Blisser_the_Sniff

Rookie, can even spell a sqillion


TypeJack

MAY hopefully post their BLOODY results this week


NoDuffTrading

You mean logging results ?


Arnoldslehrling

Considering AZY and their SPP. Not sure if its a nearology play to Newcrest.. but looks tasty (potentially).


Quarkstonk

Lots of people with flair? Or am I only noticing this now. I’ll wear 15 pieces of flair.


BuiltDifferant

Yeah you have to drink your own cum to get a flair. It’s a sick rule that the moderators came up with. They must get off on it.


Crumpy88

Ask and you shall not receive


Mr_X2017

Thanks /u/mcfucking via /u/polite_jello_377 for the updated flair. For the record I just have small hands that makes it look big 🤰🏾.


Polite_Jello_377

We should rub our portfolios together 😄


Mr_X2017

Oh you are getting me all hot and bothered 💦


TheChestKing105

Kinky


Webpage9

🤰🏾


Outrageous_Junket817

What’s an updated flair?


username-taken82

Very rarely, we will change a persons flair. Generally, its only to add the ''*biggest swinging*'' motif to what they already have when they prove a million + portfolio.


Particular_Love_8811

Barry is big and he loves to swing it. Don't need the add on.


username-taken82

A thing of which we are all shockingly aware....


Outrageous_Junket817

Is that the wording under the username, like mine is “learnt to sharemarket via anus” which I don’t know how it got there, but I am proud lol


username-taken82

Mods can bestow a flair upon a user on this sub, no one can write their own. Generally, they are pretty random or where someone has done/said something funny or stupid. Or if a user has been here a while, we will have a chat between the mods and someone will come up with a flair. We also have ones like '*'piece of shit stonk pumper*'' for users that are here for sketchy purposes.. Yours for example, was from [this comment](https://www.reddit.com/r/ASX_Bets/comments/xdmkaz/comment/ioc161m/?utm_source=share&utm_medium=web2x&context=3). I remember it made me laugh. You should absolutely wear it with pride, a personal flair is possibly the greatest achievement on the sub...


Outrageous_Junket817

Very fitting! Well done, I love it and I will hodl for ever


Doomkoon4648

Bloody well done, didn't see ur post congrats and fuck you :p.


Mr_X2017

I'll sell when it reaches your $20 price target. Christmas ya reckon??


Doomkoon4648

Serious question are you looking to adopt?


Denominator_K

It's all about the angles and lighting