NZ Oil & Gas (NZO)

[tim23]

Indeed, why did the people with the big money not buy cheap options and / or heads a couple of days ago?

They were, I think 11 million traded Monday alone.

[Grand Uber]

How long does it take to sell a order of shares through the internet?
I think I need to get some more in quick before I miss the train.

I do have some other funds tied up in a term deposit (due end of July) but not sure of the penalties / worth waiting.

They sell as soon as someone buys them, you see the money four days after, (day of trade plus 3 days to transfer funds to your bank account) or in the case of a buy t+3 to debit the money from your account

edit: i should note that is with direct broking through national bank

[upside_umop]

also depends who your broker is...

nzfc used to do it straight away..ie sell and the coin is in ur bank account straight away.

asb sec takes a few days like you say to become visible. but once u sell the funds are actually there and you can trade straight away with what you realised, even though its not visible.

not sure what its like trying to get it out from the bank straight after the trade.

[AMR]

How long does it take to sell a order of shares through the internet?
I think I need to get some more in quick before I miss the train.

I do have some other funds tied up in a term deposit (due end of July) but not sure of the penalties / worth waiting.

Sell your AIA and put it into NZO...

[digger]

Mine is 172 and is looking tooo low.

Hold it stop right there.As i write it is exactally 1-72 my comp number.Duncan you got any ideas how to stop this thing from rising further at least till after 30 th june. As you all know i stuck my neck out and offered 100dollar wine prize in Duncan's comp and it will be a 100 dollar saving if i actually win.The way NZO is going i will be toooo poor to honour my undertaking so might need a whip around to you rich long NZO holders that were too brain dead to sell at 1-00 to 1-10 when you had the chance.
A very good cheer to all

[Casa del Energia]

Dunno about that, looks like there may be NZO arbitrage opportunities on the asx when it opens... we'll see

Well, at first I doubted that. But there might have been a tinge of it after all - the price pressure has eased off. Mind you, I never 'got' arbitrage - - I get confused just standing in the Bureau de Change ('we by:, we sell:' always seems back-to-front somehow).- The jet lag doesn't help either.

[JBmurc]

Hold it stop right there.As i write it is exactally 1-72 my comp number.Duncan you got any ideas how to stop this thing from rising further at least till after 30 th june. As you all know i stuck my neck out and offered 100dollar wine prize in Duncan's comp and it will be a 100 dollar saving if i actually win.The way NZO is going i will be toooo poor to honour my undertaking so might need a whip around to you rich long NZO holders that were too brain dead to sell at 1-00 to 1-10 when you had the chance.
A very good cheer to all

If I new the brain dead seller who sold me his 77800 nzo at 1.02 I'd shout him a beer
Now if I myself hadn't been so brain dead in buying 50k worth of OGC I'd be holding 100,000+ NZO by now

[duncan macgregor]

Hold it stop right there.As i write it is exactally 1-72 my comp number.Duncan you got any ideas how to stop this thing from rising further at least till after 30 th june. As you all know i stuck my neck out and offered 100dollar wine prize in Duncan's comp and it will be a 100 dollar saving if i actually win.The way NZO is going i will be toooo poor to honour my undertaking so might need a whip around to you rich long NZO holders that were too brain dead to sell at 1-00 to 1-10 when you had the chance.
A very good cheer to all

DIGGER, Sorry to pull you up mate but you and I are not allowed to win. Me for running it you for donating the prize. We must at least seem to be fair. Like my selection someone can second pick your number that is not already entered right up to closing time. Macdunk

[777]

You can't rule him out because he donated a prize surely.

This is a fun competition so I can't see why your entry doesn't count as well.

[trackers]

You can't rule him out because he donated a prize surely.

This is a fun competition so I can't see why your entry doesn't count as well.

After going on about how close he'd be for the last couple of weeks I think MacDunk has well and truly given up on his entry having any chance whatsoever!

NZO at 175c, the blue-eyed brigade are doing well today... More to come