sharetrader
  1. #12791
    Member
    Join Date
    Oct 2002
    Location
    Tauranga NZ
    Posts
    311

    Default

    [For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

    I am am one of those, just sit and don't do a dam thing, in his particular instance any way brought in at 22 cents. To quote the Mad Butcher's book title "What a ride mate"

  2. #12792
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    Quote Originally Posted by waikare View Post
    [For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

    I am am one of those, just sit and don't do a dam thing, in his particular instance any way brought in at 22 cents. To quote the Mad Butcher's book title "What a ride mate"
    Thankyou for your contribution. All posts welcome in my books.

  3. #12793
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,489

    Default

    Quote Originally Posted by minimoke View Post
    Thankyou for your contribution. All posts welcome in my books.
    Absolutely.

    There's something to be learnt from every post - if one cares to think through the post, quick or slow.

  4. #12794
    Junior Member
    Join Date
    Sep 2018
    Posts
    11

    Default

    1.5 mil shares issued at 72c? Will this dilute the share value?

    http://nzx-prod-s7fsd7f98s.s3-websit...515/298579.pdf

    I wonder if Susan will have to sell some to pay for these shares?
    Last edited by Saffer; 18-04-2019 at 09:30 AM.

  5. #12795
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    Quote Originally Posted by Baa_Baa View Post
    Did I say that or what, just yesterday. Some Heart on another forum reckons they've spotted a Cup & Handle in the chart formation and its break out (up). Go figure, use google if you have to. [ok, bring on the abandoned babies nonsense, lol]

    For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - selling early into the SP rises wondering why it's still going ballistic, or standing on the sidelines watching and lamenting, or having no skills to figure when it's topping and taking profits, or when it's bottoming and taking a new position. Traders own this share, have done for some time, especially momentum traders, or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

    It doesn't happen often but it's happening here. If nothing, open one's mind and enjoy the lessons, there are plenty.
    no negative t/a signals yet from the breakout ... up up and away lol $20? anyone
    one step ahead of the herd

  6. #12796
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

    Default

    Quote Originally Posted by bull.... View Post
    no negative t/a signals yet from the breakout ... up up and away lol $20? anyone
    Me thinks...in my opinion re-rating is happening to new high before FY results.

  7. #12797
    Member
    Join Date
    Jan 2017
    Location
    Auckland
    Posts
    225

    Default

    Quote Originally Posted by Saffer View Post
    1.5 mil shares issued at 72c? Will this dilute the share value?

    http://nzx-prod-s7fsd7f98s.s3-websit...515/298579.pdf

    I wonder if Susan will have to sell some to pay for these shares?
    Well those shares are currently worth $24m so not really when the MC is $12b, rough calculation is .2 of a percent dilution.

  8. #12798
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

    Default

    Nice start to clinch $16 mark once ASX opened, $16.04 now...

  9. #12799
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by sb9 View Post
    Nice start to clinch $16 mark once ASX opened, $16.04 now...
    At the current price I would rather buy BAL.

  10. #12800
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

    Default

    Quote Originally Posted by couta1 View Post
    At the current price I would rather buy BAL.
    You may well be right Couta.

    While the current TA chart for BAL shows there is considerable upside potential, a longer term view comparing the two SP's shows that over the last 5 yrs ATM has outperformed BAL by roughly 1000%.

    Attachment 10493


    The question then is which company will out perform the other in the future. IMO the odds are still greatly with ATM.

    Aussies are endlessly comparing BAL with ATM. IMO such comparisons are pretty futile. They are quite different companies, Quite different markets, different management and very different balance sheets.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •