-
17-04-2019, 09:05 AM
#12791
Member
[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"
-
17-04-2019, 09:28 AM
#12792
Originally Posted by waikare
[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.
-
17-04-2019, 10:49 AM
#12793
Originally Posted by minimoke
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.
-
18-04-2019, 10:26 AM
#12794
Junior Member
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 10:30 AM.
-
18-04-2019, 10:34 AM
#12795
Originally Posted by Baa_Baa
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
-
18-04-2019, 10:37 AM
#12796
Originally Posted by bull....
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.
-
18-04-2019, 10:44 AM
#12797
Member
Originally Posted by Saffer
Well those shares are currently worth $24m so not really when the MC is $12b, rough calculation is .2 of a percent dilution.
-
23-04-2019, 12:23 PM
#12798
Nice start to clinch $16 mark once ASX opened, $16.04 now...
-
23-04-2019, 12:49 PM
#12799
Originally Posted by sb9
Nice start to clinch $16 mark once ASX opened, $16.04 now...
At the current price I would rather buy BAL.
-
23-04-2019, 01:24 PM
#12800
Originally Posted by couta1
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
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks