| Author |
Message |
   jax
Member
Username: jax Post Number: 1648 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 10:43 am: |
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lol ,now there thinking mqg ,ive got ec on board, will hit 60 next week .
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   ecchigaijin
Member
Username: ecchigaijin Post Number: 769 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 10:47 am: |
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If you recall Jax, I reminded you about MQG about a week before your prediction last week. Nothing new to me.
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   riskpirate
Member
Username: riskpirate Post Number: 689 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 10:53 am: |
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EALL has replied to my email so he is ok.Bundle of joy expected next week.
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   chingas
Member
Username: chingas Post Number: 692 Registered: 06-2007
Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:00 am: |
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How long do you guys think these interest rate cuts will actually keep the market rising? Personally, i'd be surprised to see it last the week, especially as it was less than the 1% hoped for. Jax, MQG to not go under $50 again is a big call, what makes you think that?
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   riskpirate
Member
Username: riskpirate Post Number: 690 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:12 am: |
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CHINGAS, the rise has allowed me to take the shine off the knees and hopefully as the other investment banks report the rally will continue.
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   ecchigaijin
Member
Username: ecchigaijin Post Number: 770 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:13 am: |
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I agree Chris, Unless the economy shows some signs of strength I think the market will only have a short lived rally. I also think there will be further opportunities to get MQG around $45
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   ecchigaijin
Member
Username: ecchigaijin Post Number: 771 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:18 am: |
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Chris, I hope you grabbed some FDL sub 9.5 I don't think it will remain under 10 after today.
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   chingas
Member
Username: chingas Post Number: 693 Registered: 06-2007
Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:22 am: |
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i'm still thinking there will be at least one more decent drop in the market in the coming month so would be surprised to see FDL stay above 10c personally
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   chingas
Member
Username: chingas Post Number: 694 Registered: 06-2007
Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:32 am: |
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I think if you look at the buyer depth and the small jump considering the overall asx, FDL looks nervous to me and set for another fall
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   ecchigaijin
Member
Username: ecchigaijin Post Number: 772 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:38 am: |
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The directors should be REALLY nervous. SPP offers close on Tuesday so if the price doesn't make it above they will surely fall WAY short of meeting their target in funds raised.
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   chingas
Member
Username: chingas Post Number: 695 Registered: 06-2007
Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 11:45 am: |
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Haven't looked at the details of the cap raising but if people had already accepted pre the sp dropping below 10c that might lock them in(obviously you'd be mad to accept it when you can buy cheaper on the open market). Have you looked at the detail on this? There was only a small part of it open to the average punter too from memory, does that mean that the remainder have been snapped up by insto's?
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   ecchigaijin
Member
Username: ecchigaijin Post Number: 773 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 12:11 pm: |
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the largest portion was made available to sophisticated investors, not sure when this part of the offer opened. But the letter I received as a current holder was issued after the price was already below 10cents. That was why I said all along that I thought the directors would need to work their butts off to ramp the price or else they would end up with egg on their face.
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   jax
Member
Username: jax Post Number: 1649 Registered: 07-2007Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 02:28 pm: |
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mqg ec over 50 now, its all a bonus from here dont ask for more then 50 just prey it stays over ,the rest of the invest banks report this week in the states hope for more good news and 60 looks a given i want out around 65 .depends how quick it gets there .
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   krael
Member
Username: krael Post Number: 111 Registered: 07-2007
Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 03:31 pm: |
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I bought SDL today on the back of a new substantial shareholder. 19.5c. Thats under the avg for the sub holder (23c). Just looking for a quick profit, hold couple days maybe.
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   moonfleet101
Member
Username: moonfleet101 Post Number: 593 Registered: 07-2007
Rating: N/A Votes: 0
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| | Wednesday, March 19, 2008 - 03:33 pm: |  | |