Australian (ASX) Stock Market Forum

EXT - Excite Technology Services

wealthyshare said:
day traders are on the run, price will fall below 8 Cents,my own opinion only
What's that based on Wealthy? I notice this is your first post in this thread, what's your interest in it?

If it's definately going below 8 then everyone should sell at the moment shouldn't they?
 
If it doesn't hold 9 next major support is mid 7's. Not looking too good, but then again, dont take it personal, the big picture of todays trading indicates that there were not many U stocks in positive positions!! Hopefully tomorrow is better for all U's!!
 
kennas said:
What's that based on Wealthy? I notice this is your first post in this thread, what's your interest in it?

If it's definately going below 8 then everyone should sell at the moment shouldn't they?
Due to consolidation of shares will take place soon, and i think the day traders aren't interested to hold, i might be wrong
 
wealthyshare said:
Due to consolidation of shares will take place soon, and i think the day traders aren't interested to hold, i might be wrong
I agree that day traders have been dominating this stock, and as soon as focus goes off an ann, it crumbles.

Consolidation of shares should have no effect IMO, check out what happened to BMN after recapitisation. After recap it went from $0.60 ish to $2.20 in a couple of months.

This is a speculative stock but placing price targets (up or down) needs to come with some analysis.

From my perspective, 9 cents is an important support level, as is 8 and 7 with these sorts of stocks. There's support and resistance lines all over the shop. Going up, $0.11 is turning into a brick wall!!
 
kennas said:
I agree that day traders have been dominating this stock, and as soon as focus goes off an ann, it crumbles.

Consolidation of shares should have no effect IMO, check out what happened to BMN after recapitisation. After recap it went from $0.60 ish to $2.20 in a couple of months.

This is a speculative stock but placing price targets (up or down) needs to come with some analysis.

From my perspective, 9 cents is an important support level, as is 8 and 7 with these sorts of stocks. There's support and resistance lines all over the shop. Going up, $0.11 is turning into a brick wall!!

I think your wrong Kennas in relation to the Consolidation having no effect on the SP. This will be what will move the share price north,why less shares to manipulate as it is now!! I think you will find EXT will be rejuvenated once consolidation has proceeded!!
 
johnno261 said:
I think your wrong Kennas in relation to the Consolidation having no effect on the SP. This will be what will move the share price north,why less shares to manipulate as it is now!! I think you will find EXT will be rejuvenated once consolidation has proceeded!!
Well, it might Johnno, and I will be happy if it does. I did actually deliberately compare this with BMNs sp which did go north, but I do not think that was just because of the consolidation, it was because they might have some uranium......

Let's not ramp, or downramp, or whatever. Lets just put the facts on the table with reasonable analysis.

I'm not aiming this at you at all Johnno, but for some reason, recently, there seems to be a lot of people getting very personal about reasonable questioning of their stock picks, and/or not willing to back themselves with some reliable facts.
 
I would like to clarrify something for Johnno. The above statement is not comparing EXTs and BMNs resources. It is saying the BMNs sp appreciated after the share consolidation probably because they have a potentially good resource identified through drilling etc. Whether EXTs sp appricates, or not, may not be effected by the consolidation, but perhaps by their own potential, proven, or otherewise, resources.
 
kennas said:
I agree that day traders have been dominating this stock, and as soon as focus goes off an ann, it crumbles.

Consolidation of shares should have no effect IMO, check out what happened to BMN after recapitisation. After recap it went from $0.60 ish to $2.20 in a couple of months.

This is a speculative stock but placing price targets (up or down) needs to come with some analysis.

From my perspective, 9 cents is an important support level, as is 8 and 7 with these sorts of stocks. There's support and resistance lines all over the shop. Going up, $0.11 is turning into a brick wall!!

Hows your style Kennas, I have made you look like a goose with false downramping EXT, stating that at least BMN has Uranium. Kennas if you're going to try to police this site, do it in a manner that is fair to all. Your Moderating leaves alot to be desired. Bye bye
 
johnno261 said:
Hows your style Kennas, I have made you look like a goose with false downramping EXT, stating that at least BMN has Uranium. Kennas if you're going to try to police this site, do it in a manner that is fair to all. Your Moderating leaves alot to be desired. Bye bye

LOL. I own EXT Johnno.

I stated that BMN's sp probably went up because it has uranium, not just because of the consolidation.

EXTs sp will also go up if it has proven economic uranium perhaps. It seems to have the potential for some, that's why I bought it.

You seem to be saying that less shares on issue will automatically result in the sp appreciating. I am saying that is not why a company's value goes up.

You mentioned something about stock manipulation. Is that why the company sp is being held back? Due to there being a lot of shares on issue?
 
kennas said:
LOL. I own EXT Johnno.

I stated that BMN's sp probably went up because it has uranium, not just because of the consolidation.

EXTs sp will also go up if it has proven economic uranium perhaps. It seems to have the potential for some, that's why I bought it.

You seem to be saying that less shares on issue will automatically result in the sp appreciating. I am saying that is not why a company's value goes up.

You mentioned something about stock manipulation. Is that why the company sp is being held back? Due to there being a lot of shares on issue?

You've assumed that my thoughts on less shares on issue will automatically rejuvenate the SP. Dont assume Kennas because you will make an ASS out of U and ME!! The SP of EXT is being held back for a number of factors, of which I do beleive one of those factors is the huge amount of shares on issue.
 
johnno261 said:
You've assumed that my thoughts on less shares on issue will automatically rejuvenate the SP.

Well, unfortunately, that's the way this sounded:

johnno261 said:
I think you will find EXT will be rejuvenated once consolidation has proceeded!!

I will also remind you of ASF policy on abusive or insulting language, and calling someone a goose, or insinuating they are an ar!se, would probably be included in that vernacular. Future posts along those lines will have to be deleted I'm afraid. Please stick to logical, reasonable discussions while trying to present the facts. Thanks.
 
well kennas...looks like ext took a hit again today

Will it continue...yes I think so :banghead: but not because of EXT...this is far bigger than EXT IMO.

We will have to wait untill after the next market phase has occurred, which seems very very close. If the DJIA closes sharply down at the end of this week all stocks not just EXT are going to be slammed. Basis for this is evident all over, todays correction means nothing.

Timing of the correction though is good for EXT. :D
 
Ann out. Is it just me, or are these average results apart from HDD010?

Mind you maybe others with more knowledge can contribute.
 
Gurgler said:
Ann out. Is it just me, or are these average results apart from HDD010?

Mind you maybe others with more knowledge can contribute.
Over 0.250 kg/tn is just ok for here, and depending on overall resource depth and width etc, could be economical. I think Valencia's average grade is around here or lower - someone can clarrify that.

Around 0.500 kg/tn (500ppm) is much, much better. That's what I was expecting due to their previous drilling. Some of the Ida Dome results were over 1.0 and even 2.0 kg/tn....1000-2000 ppm..
 
Kennas, these results give EXt an average grade now overall from all results (excluding EPL3439) of >.700 kg/t

This is economical I think we all agree.

The latest results do show a reduced grade though of .292 kg/t which is lower than previous results. However the extension of the drilling is now proving up the extent of the areas potential and the intersects displayed in todays result are definately good.

I am surprised the sp didn't go higher though.
 
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