Australian (ASX) Stock Market Forum

Recent content by zarfius

  1. Z

    RIO - Rio Tinto

    I'm curious to know how you determine the huge chance that it will increase in the future? The way I understand it is, the rights issue has increased the number of shares and therefore decreased the value of the existing shares. There are better explanations in previous posts in this thread.
  2. Z

    RIO - Rio Tinto

    To be honest I wasn't really asking anything in particular. I just wanted to share my thoughts and see if anyone is still paying attention. I also feel that RIO is a decent long term investment at these levels, although that wasn't my intention when I bought. Normally I have a system that I...
  3. Z

    RIO - Rio Tinto

    This thread has been a bit quiet for the last few days. What's going on guys? I logged into Etrade this morning and I have 12 RIOR sitting in my portfolio with cost basis of 0.00 I still haven't received the letter in the mail and when I checked a few days ago I couldn't get the online...
  4. Z

    RIO - Rio Tinto

    I tried doing this but the form doesn't seem to be there for me. I should definitly be entitled because I bought my shares on 12 June. Is anyone else having issues with this?
  5. Z

    RIO - Rio Tinto

    STO perhaps? I don't know how similar the actual capital raising was to RIO but the chart certainly looks similar back in the middle of may to what RIO's chart looks like today.
  6. Z

    RIO - Rio Tinto

    I'm sure many of us have similar stories from when we first started getting into the stock market :) There's no way to know "for sure" what stocks are going to to in the future, however, there are a few things working in your favor. Firstly, RIO is a big company that has been around for a...
  7. Z

    RIO - Rio Tinto

    What's likely to happen if you do nothing and let the offer lapse? Would the price of RIO go back up to the $75 mark or would you get some sort of compensation?
  8. Z

    RIO - Rio Tinto

    This appears on page 6 of the Offer Document available on Etrade: "Whilst the Rio Tinto Limited Rights Issue is being made at an offer ratio of 21 New Rio Tinto Limited Shares for every 40 Rio Tinto Limited Shares held, there is no minimum holding of Rio Tinto Limited Shares required for you...
  9. Z

    RIO - Rio Tinto

    Hi guys As many others are, I'm a bit confused. I bought 24 x RIO shares @ $77 on 12 June. According to etrade my settle date was the 17th. Firstly, did I make it. Am I entitled to the rights issue? And if so do I simply buy my share of RIOR (12 by my calculations). I've heard people...
  10. Z

    XAO Technical Analysis

    Re: XAO Analysis Thanks guys :) I've leaned more in the past week reading these forums than I did reading half a dozen books. Many years to go, but well on my way :)
  11. Z

    XAO Technical Analysis

    Re: XAO Analysis A bit of a beginner question. If the head and shoulders pattern is a classic sign of trend reversal from a bull market to a bear market, is there a similar sign for a bear market to bull?
  12. Z

    New to the stock market: Where do I begin?

    Re: Where to begin? I have been thinking about my goals. Without using the wanky walking cliche "I want to be a millionare" :P lol but seriously.. Long Term Goal: By the time I retire (sooner rather than later :D) I want to be living off "passive income". By this I mean, dividends...
  13. Z

    New to the stock market: Where do I begin?

    Where to begin? Hi I am interested in learning more about short term trading (not day trading, more weeks or months). I realise that what I am asking can take years of practice and I'm certainly not going to blindly jump in and trust any particular method. I also realise that there is no...
  14. Z

    Beginners - Introduce yourselves!

    Hi everyone This is actually my second post, but I'm also new. I've been interested in the sharemarket since I was in highschool (over 10 years now) and I've owned a stock here and there. These last couple of year's I've been getting into it more, doing a lot more reading and having a bit...
  15. Z

    Does Capital Gains affect the way you invest?

    I am a beginner investor so correct me if I'm wrong, but I feel that more money can be made with several trades over a long period of time vs buy and hold in a certain situations. Lets take a hypothetical situation (it may be a lot hard in real life.. lol). Lets say you buy 5000 stock A...
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