This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

EMC - Everest Metals Corporation

Jump to new
Re: USA - UraniumSA

YOUNG_TRADER said:
This has to be one of the most anticipated IPO's I've heard of,

So much interest, so much effort,

I better have got some
Click to expand...

I believe it will not beat TOE and ENR because of the timing factor, but should be of better performance than the other new U IPOs.
 
Re: USA - UraniumSA

So for those that got shares what is your strategy?

Sell for a quick profit day 1?

Hold for years?

I heard you get 30c options if you hold for 3 months is that right?
 
Re: USA - UraniumSA

Realist said:
So for those that got shares what is your strategy?

Sell for a quick profit day 1?

Hold for years?

I heard you get 30c options if you hold for 3 months is that right?
Click to expand...

It's 1 option for 2 shares held at a 25c exercise price after 3 months. Does this mean you have to hold for the whole 3 months, or if you are on the share register at that date you get the options?
 
Re: USA - UraniumSA

Realist said:
Hey, I notice I have 30,000 USA shares on my Commsec list today.

The price is ZERO cents.

So obviously I got my shares!!
Click to expand...

Yes I got my 20,000 as well. Applied as a MTN priority holder & paid by BPay evening of Sept 14. Should have applied for more though. Regards YN.
 
Re: USA - UraniumSA

deftfear said:
It's 1 option for 2 shares held at a 25c exercise price after 3 months. Does this mean you have to hold for the whole 3 months, or if you are on the share register at that date you get the options?
Click to expand...

These options are loyalty options so yes you will have to hold them for the whole 3 months.
 
Re: USA - UraniumSA

I'm still not sure ? ? ? ? ?

Probably not a good sign, they were allocated 2 days ago to everyone else so looks like I missed out

Here's hoping
 
Re: USA - UraniumSA

YOUNG_TRADER said:
I'm still not sure ? ? ? ? ?

Probably not a good sign, they were allocated 2 days ago to everyone else so looks like I missed out

Here's hoping
Click to expand...

Maybe you should ring up computershare? they would probably give you an answer straight away . Hope you get them
 
Re: USA - UraniumSA

Hey thanks Beethoven, I do to


Computershare told me yes I have got them, but for some reason they haven't been allocated to me yet and are chasing this up???????????????

So I'm waiting, I think by tomorrow I'll know
 
Re: USA - UraniumSA

This floats today unless I am sadly mistaken.

So say you have 10,000 shares at 20c and the price goes to 30c.

You make $1000 or 50%.

If you hold for 3 months and the price stays at 30c you make $1000 plus $250 because of the 2 for 1 options at 25c. So $1250. Or 61.25%.

Hmm, what are peoples strategies for this one? it is a tricky situation.
 
Re: USA - UraniumSA

I think talk of 60c or 70c today is unrealistic.

28c is my closing price guess.

I'll be more than happy to be proved wrong of course! :
 
Re: USA - UraniumSA


I am thinking about selling on the first day and rebuying in 2 months time, hopefully at a lower price. Problem with this strategy is if the price keeps going up, I probably won't buy back in just for the extra options.
 
Re: USA - UraniumSA

Beethoven said:
These options are loyalty options so yes you will have to hold them for the whole 3 months.
Click to expand...

Not according to the USA Replacement Prospective which reads "It is the intention of the Company to issue Loyalty Options to Shareholders on the register some 3 months after the date of ASX listing." (bottom of page 6). ie. there is no mention of having to be on the register for the whole 3 months. Regards YN.
 
Re: USA - UraniumSA

YELNATS said:
Not according to the USA Replacement Prospective etc.
Click to expand...
Sorry I meant the USA Replacement Prospectus.
 
Re: USA - UraniumSA


not trying to be smart or anything but the definition of loyalty is "A feeling or attitude of devoted attachment and affection" so yes you have to hold them for 3 months. Lol it wouldnt make any sense if you just bought it right before the 3 months and get the options for free.
 
Re: USA - UraniumSA

Noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo


I got kb'd on the float

Realist now I =


Good luck to everyone else, will probably list at 80c
 
Re: USA - UraniumSA


YT dont worry I think this share will float like NSW/TAB did some 7 years ago .I signed off a cheque for some 10000 shares and only got 234! then waited heavens how long to off load it .
I wonder if this will happen to this share. Don't get to depressed over this one .
 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...