I'd say it's people selling the SPP to take a profit.. as I did for half of my purchase (these shares came on yesterday, but today's the first day they can be traded.. so today was the day they were sold)
Selling today at $36 would mean a profit of 38%... and since it has gone up by roughly...
Down day after the uranium FS both in TSX and XAO...
Is the UFS not as good as people thought? Don't understand much
of it myself (Don't seem like a "sell on the news" situation since there wasn't much of a
"buy on rumour" anyway..)
Tax issues still keeping people uncertain, but my...
any thoughts on how the sp will perform after the new tax rules in Zambia?
would have thought it was priced in already, and was actually looking for a rebound on 1st April, but only to see it drop another 7% in 2 days.
could be from broker downgrades?? saw Huntley's recommendation to sell...
I think his valuation should be $0.60
The 750m profit to me should be divided over the 10 years..
Divided by roughly 1000m shares = 7.5cps
x PE of 8 = 60c
and that is if everything he states goes on plan
Don't think there's any way this thing is worth $6.00 atm...
if it is PT should...
6.3 earthquake in far northern-Chili/southern Peru region..
don't know what effects this has on ADY..
the Iron sites & port is in north Chili, a few hundred Km away
and Rincon in north Argentina near Chile border.. so shouldn't be a problem
Thanks rub92me~
Needed some reassurance on this one
Figures look good to me.. and the recent announcements are not bad either
What's worrying me is the demerger being so close in view, valuations should be well under way for many investers.. but the sp not showing any signs of...
With EPS over $1 as of 2009, very tempting if this one goes under $4.50 again.. which I think is very likely in the current market.
Any views on how much its earnings will be affected due to the slow down of the US/world economy?
hi everyone...
just want a few opinions on the valuations of the 2 companies after the demerger
I'm pretty confident that it's worth a lot more than it is now.. but the fact that it's come down all the way from 50c not so long ago.. and staying down here is a bit of a worry. Of course the...
It appeared on the "experts' stock picks 2008" article on The Australian
It was picked by Fat Prophets in their 10 stocks for 2008
WEZ - price $0.08
"Remains highly leveraged play on the $A gold price. Patience was required in 2007, but we’re bullish 2008 will be the year"
The next day...
Article on mineweb
http://www.mineweb.net/mineweb/view/mineweb/en/page39?oid=38912&sn=Detail
Moly Mines closing in on finance for big Spinifex Ridge operation
Possibly what will be the first of the big new molybdenum mine developments to come on stream, Moly Mines says it is close to tieing...
I have been wondering too... been holding EQN for a while and had not bothered to find out what CHESS Depository Interests are..
so... straight from answers.com:
"CHESS Depository Interests or CDIs are a type of security which is used by the Australian Stock Exchange (ASX) to allow...
Thanks rub92me...
so... if we say 100 million per year revenue..
and 280 million shares after the split..
100/280 = 35.7c earnings per share
if we use P/E of 5, Price = 1.785
Have I done this right? if it is... then it doesn't sound too bad.. cos :
1.785/ 3.47215 = 0.514...
Hello, and nice to meet you all...
Have just given ADY a call, and how we are interpreting the announcement atm is correct. We get 1 ADY share for every 3.47215 shares we currently hold, plus 1 free Rincon shares.
So it's all up to how the Rincon shares are valued when they are issued...
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