high-frequency trading rewriting the rule book, page-3

  1. Wheres can this UPI article be found that everyone keeps referring to??

    The Drudge report times out.
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  2. Looking for stoploss on line.
    AOTonline? Challenger.com? Any others? AOT seems reasonable, $33 trade, $49.95/month, free if more than 8 trades/month. If database isn't accessed then $0/month. Seems reasonable, any opinions?
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  3. These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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  5. =http://www.geocities.com/barrybolton187/lok.jpg>
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  6. =http://www.geocities.com/barrybolton187/lok.jpg>
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  7. not so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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  8. re: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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  9. re: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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  10. look who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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  11. re: not so stupid now**hey big ears**** You got me there big fella,
    I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
    regards

    Check out what the big money was doing during the fall.

    http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D
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  12. Hotcopper has not changed in my absence....
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  13. There are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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  14. Load of crock? Load of crack more like.
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  15. Great user name, Colin.....where'd you pull that one from? Your behind?
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  16. sandune, you come across as being so deluded by hate.

    The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!
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  17. Very direct, and good post. It's only others that will feel the shame for the directors TSS.

    A leopard does not change its spots, nor a tiger its stripes.

    Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.
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  18. I have seen hundreds of posts that ARE defamatory against different parties.

    My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.

    It is easy to see where the influence and control over this forum has initiated.

    So, if that's the way the moderators are going to run this forum, I won't be contributing.



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  19. rogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
    It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
    PEN is very tradable, but not out of the woods by a long way imo.
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  20. So you can see both sides of the story matty.
    I'm in the same boat having traded PEN from time to time.
    It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
    What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
    If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
    Shame on many of you.
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  21. Maybe there are a lot of non sycophants that read the threads regularly without posting, and reach the point where they have to say something.
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  22. Agree seuss.
    I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.
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  23. I know. Maybe I didn't explain myself very well.
    There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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  24. I believe you'll find that we now have SUPPORT at 10c.
    Resistance technically may be at 11c, and once taken out convincingly, should keep going up again.
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  25. Do you have a 2.7 million deposit for a new home?
    As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000

    Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.

    Feeling sick enough yet?
    Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.

    So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!

    Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?

    To make your appointment for Perthites, and just for a sick session for others:
    http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829

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  26. tvp
    No answer from Arttse on that yet.......................
    Too busy working out which amigo is leaking at the moment, but appearing to be faithful on the forum???

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  27. 6,316 Posts.
    lightbulb Created with Sketch. 54

    Any wonder small investors are leaving the asx in droves.

    I put this on par with the Super trawlers that scour the globe seeking new opportunities to swallow up large chunks of peoples livlihoods by over fishing in one spot and then moving onto the next. HFT does exactly the same thing.

    Seriously, where does this crap stop?

    http://www.theage.com.au/business/highfrequency-trading-rewriting-the-rule-book-20121026-28azm.html

    High-frequency trading rewriting the rule book

    Date October 27, 2012


    Gareth Hutchens

    But the practice is fuelling concerns about market fragmentation and the integrity of the system, writes Gareth Hutchens.

    The spectre of ultra-fast trading has stalked the nation's sharemarket this month.

    First, at the Australian Securities Exchange's annual meeting, where board members were peppered with anxious questions about high-speed or high-frequency trading - called HFT.

    Then came the bizarre share price spikes on Thursday morning last week, when a handful of blue-chip stocks shot up, inexplicably, before just as strangely dropping back down, in the seconds before the market opened. The irregular price movements sent whispers hurtling through the market: were high-frequency traders involved?






    The two events raised another question: Could this be what the ASX chief executive, Elmer Funke Kupper, had been warning about?

    Advertisement

    As the sharemarket splinters beyond a dozen exchanges and alternative trading venues, and as high-speed traders exploit the subsequent and ever-growing arbitrage opportunities, are markets becoming disorderly, causing investors to lose faith in the system itself?

    Not everyone thinks so. Some sections of the financial industry are privately seething that Funke Kupper and others have been whipping up hysteria about high-speed trading. In the bars of Sydney's financial district, the topic is waved away with scorn. ''It's just become a scapegoat,'' is the refrain.

    Over the past few years high-frequency trading was biggest new thing to hit sharemarkets and, in the minds of the big super funds, the most disruptive.

    On any given day, this lightning-quick, computer-driven form of trading accounts for 30 per cent of all of the business transacted on the nation's sharemarket.

    But critics say high frequency has contributed to the hair-raising flash crashes and computer hiccups.

    Since Funke Kupper became the ASX chief in October last year, he has warned of the consequences of allowing high-speed traders to flourish with the arrival of multiple trading venues. He could do little to stop Chi-X Australia, the country's first alternative stock exchange which began operating late last year, because he hadn't yet joined the ASX.

    But he's fighting to stop other parts of the ASX business being opened to competition, such as clearing and settlement services.

    Ignoring for the moment that his argument gets a kick from commercial self-interest - he's got revenue streams to protect - Funke Kupper's genuine concern, he says, has to do with the potential damage that could be done to the country's equity market as we tinker with it needlessly. And he's not alone with his concerns. Some traders, fund managers, brokers and executives feel the same way.

    Gone are the days of the single stock exchange, when most trades took place on the same open market. In Australia today, there are now at least 18 different places where one can trade BHP Billiton shares.

    There are two main exchanges, the ASX and its rival Chi-X, with a possible third exchange - the Asia-Pacific Stock Exchange - hoping to begin operating next year, pending approval from Parliament.

    There's a large handful of trading venues where one can conduct off-market trades, such as traditional over-the-counter type trades (that have for decades been done privately away from the main exchange).

    And then there are the large broking houses, such as UBS and Citi, that have begun offering their own trading areas - called ''dark pools'' - where orders are matched by electronic algorithms, with no human intervention, and then reported to the main exchange after a trade has been made.

    (There's an argument within the industry about what a "dark pool" actually is. Both the Australian Securities and Investments Commission and the ASX have said that most trades that take place away from the main exchange are basically ''dark''.)

    But the large broking houses use a different and more specific definition that reduces the number of official dark pools to five. These belong to UBS, Citi, Credit Suisse, Liquidnet and ASX's Centrepoint).

    Funke Kupper believes that this fragmentation is a bad thing: the more the market splinters, he says, the more liquidity will get sucked from the main exchange into smaller off-market trading areas, making it harder and more costly for companies to raise capital. And in an emergency, that could be particularly worrisome.

    The near-feverish concern about high-frequency trading is intimately linked to this issue of market fragmentation.

    High-speed traders (firms such as Getco, Virtu, and Optiver) use ultra-fast computer technology to buy and sell shares in the blink of an eye, often thousands per second.

    Think of what it's like to read a company's financial report. A high-speed algorithm will have scanned and absorbed the entire report, and then executed its trades, by the time it takes you to finish the first sentence.

    High-speed traders thrive when they can jump between different exchanges to take advantage of tiny differences in price.

    So the more a market fragments, the greater the opportunity for profit, and the greater the reason to expand.

    Carole Comerton-Forde, of ANU's College of Business and Economics, says Australia has become more attractive for HFT in recent years, for two reasons.

    First, the ASX upgraded its trading technology in November 2010, allowing trading capacity to exceed 5 million trades and 500 million order book changes per day.

    It also launched its high-speed distribution network (ASX Net) and improved its co-location facilities (ASX Liquidity Centre).

    Second, Chi-X opened its doors last year.

    Since then, high-speed traders have proliferated.

    According to the corporate regulator, HFT now accounts for about 30 per cent of equity market turnover, up from just 3 to 4 per cent in February 2010.

    And that's a figure that has begun to worry investors.

    As one shareholder put it at the ASX's annual meeting: ''I just think [HFT] is badly corrupting the whole system … on Little Street where I'm from, it's certainly eroding confidence [in the market].''

    The annual Fix Conference 2012 was held in Sydney this month. It's where the upper ranks of the financial class - merchant bankers, high-frequency traders, and their globetrotting PR teams - came together to talk about the latest developments in electronic trading.

    The keynote speaker was Nick Leeson, the infamous ''rogue trader'' of the early 1990s who brought Britain's oldest merchant bank, Barings, crashing to the ground in 1995, from the port of Singapore.

    Leeson provided an unusually candid ''bio'' for the conference program: ''In December 1995 a court in Singapore sentenced [Nick] to six and a half years in prison. Lisa his wife got a job as an air hostess to be able to visit him regularly. At first, their marriage survived the strain of being apart, but what Lisa could not abide were his revelations of his infidelity with Geisha girls and she divorced him.''

    The conference had over 1000 attendees. Technology companies set up stands to flog the latest in trading technology.

    These are the guys who design the trading systems that can handle the ultra high-speed algorithms that have been scaring brokers and fund managers.

    They talk about trading speeds in nanoseconds (one-billionth of a second) and how microwave technology can beam information through the air in a faster and more direct way than copper cables. The technology start-up Zeptonics, which specialises in speeding up the network infrastructure within exchanges and co-location facilities, had a display there.

    The company's principal of hardware, Charles Thomas, later explained why microwave technology was appealing to traders.

    ''You find a lot of the traders … if you can get the fastest connection between exchanges, you open up the opportunity to beat everyone else in arbitrage and other sorts of transactions,'' he said.

    ''[So] if you can get a line of sight microwave link, then that's got two advantages. Not only is the data travelling faster over the distance but it can actually be shorter, you know, point to point, rather than running along existing cabling conduits which creates a sort of zig-zag path.''

    He said the technology was already being used in the US.

    After the conference, attendees kicked on at the Sydney Hilton's Marble Bar, into the small hours of Wednesday morning.

    A few rounds in and talk turned to the hysteria being whipped by the ASX and the media. They said there was nothing to be afraid of, that technology would keep advancing like it always has, and that we would all benefit from it.

    As they see it, high-frequency trading has become a scapegoat, an excuse used by brokers to explain why the sharemarket is still a disappointment more than four years after the financial crisis.

    As one trader put it: ''You wouldn't be hearing about any of this stuff if volumes were higher. It's all crap.''

    The choice of metaphor is an interesting one. The term ''scapegoating'' refers to the ancient and barbaric ritual where one's ''sins'' were placed on a goat before it was led it into the desert and hurled off a cliff.

    In this corner of the financial world, there's an idea that those who are complaining the loudest about high-frequency trading are the ones who've been caught on the hop by the technology, or they're the ones with the clients who are becoming angrier about their inability to make money in the post-global financial crisis sharemarket.

    Or maybe they just don't understand the new world.

    But whatever the reason, they've thrown their sins on to the new technology and pushed it out into the public realm.

    But that's not how the other side sees it.

    The chairman of the Australian Securities and Investments Commission, Greg Medcraft, says this issue has ''the attention of regulators all over the world'', and that some bankers have expressed real concerns about it to him.

    ''While some say high-frequency trading provides liquidity, I know some very senior bankers that privately describe it as providing only 'phantom liquidity','' he told the FINSIA conference this month.

    ''ASIC needs to keep pace with these rapid changes in technology to ensure markets are fair and efficient.''

    If high-speed trading is causing real problems, the scapegoating metaphor might not be a perfect fit.

    Funke Kupper says we need to stop Australia's equity market fragmenting further.

    He says the situation in the US is ''out of control'' with more than 10 exchanges and over 50 alternative trading venues, and that Australia should avoid going down that path.

    But the co-head of equities at UBS, Gary Head, says Australia is not a fragmented market.

    He says if one looks at where trades take place in Australia, about 71 per cent of trades are matched on the ASX, while 4 per cent are matched on its rival, Chi-X. Dark pools account for only 5 per cent, while broker crossings account for the remaining 20 per cent.

    ''The ASX does 95 per cent of exchange-traded flow. That's a definition of a non-fragmented market,'' he said.

    A recent paper from independent research broker ITG showed that, despite concerns that dark trading has reached levels that pose risks for market quality, more trading is being done ''on the [main exchange] today than there was two years ago, and far more than there was

    20 years ago''.

    To draw those conclusions, ITG relied on the ASX's own data.

    This could support evidence that high-frequency trading's peak may have already passed. Globally, profits for high-speed firms have been declining for the past few years, according to US company Rosenblatt Securities, and the industry is beginning to consolidate.

    But that does not mean that Australia's equity market has not fragmented at all in recent years.

    The global company Fidessa has been tracking Australia's level of market fragmentation since Chi-X began operating.

    Its website shows what proportion of an individual stock is traded on the main exchange, off-market, and in dark pools.

    Last week, just over 14 per cent of all Telstra shares traded were traded in a dark pool. For Qantas shares, that number was 7.4 per cent.

    The Industry Super Network's director of regulatory policy, Zachary May, has become a well-known voice in the debate.

    An American who now lives in Australia, May spent years working in the US for the equivalent of ASIC, the Securities and Exchange Commission.

    Two months ago, ISN - which represents industry super funds - called for a moratorium on all

    high-speed trading in Australia's financial markets to give regulators time to wrap their heads around it.

    ''A moratorium would allow technological and market developments to proceed only after the risks have been carefully studied by ASIC,'' he wrote at the time.

    Two weeks ago he was a co-signatory to a letter sent to ASIC by a group of super funds, representing more than $1 trillion, which called for reform of Australia's market at the level of the stock exchange.

    As he explains it, big firms with the most money are able to see market information before anyone else, given the speeds with which they operate. They then act upon that information, buying and selling shares before the normal retail investor. He says the fact that the ASX facilitates this means the market is inherently unfair.

    ''Market fairness involves the dissemination of information by market operators that results in a level playing field … this is different from the provision of 'non-discriminatory access' to special information services which necessarily results in information asymmetry and a two-tiered market,'' he says.

    But Comerton-Forde says there's nothing wrong with the advance of technology, as long as people who wish to pay for it can use it.

    ''Each individual investor has to make a decision on whether it's worth investing in that technology to get that advantage,'' she said.

    ''I don't really see that as much of an issue, as long as the data that's being made available is consistent and available to everyone that wants to pay for it.''

    There's no question that high-frequency trading has changed the way some market participants behave. David Hobart, from hedge fund Blue Sky Apeiron, trades mostly futures and foreign exchange. He says he had his first major brush with high-frequency trading two years ago.

    ''You'd get these really quick, really large spike moves … and you'd think, 'Oh, some guy just did a fat finger order', but it would drive the market up 200 points on a market that would have an average daily range of 30 points or something … and come straight back within a minute, and anyone that had stop orders left would just get rogered,'' he said.

    ''That happened to me on the Singapore exchange … so you just pull your orders out.''

    Ross Smyth-Kirk, the chairman of gold producer Kingsgate Consolidated, says he does not think the equity market is orderly any more, because high-frequency trading exacerbates share price movements, whether up or down. ''It's a total distortion of the market. It distorts the market completely, no matter how they want to paint it,'' he said.

    ''The market's supposed to be about supply and demand but it's no longer about that. It's about what some machine does in a flick of a second. There are academic apologists all over the place saying it increases liquidity, but it doesn't increase it at all. It's the same false argument that's used for shorting.''

    ASIC has established two taskforces to consider if the current regulatory framework is still appropriate: one on high frequency trading, the other on dark pools.

    Consultation papers have been released. New rules for dark pools will apply from mid-2013, while new rules and guidance on automated trading will apply in early 2014.

    Some of the changes they proposed to make include introducing "kill switches" to be used in the event of a US-style flash crash, and introducing some kind of circuit breaker in the event of unusual volatility to prevent trades from occurring and to reset the market.

    It's also in the middle of a tender process for a multimillion-dollar system upgrade that will allow it to keep a faster eye on this stuff.

    Funke Kupper reflects on the recent annual meeting.

    ''Why did I think our AGM was so good? Because for the first time we heard from the people who actually are the investors,'' he said.

    ''The reason we find ourselves in … [this] position [with two exchanges] .. is that when we thought about changing the market structure, we didn't think of them.

    ''It was a conversation .. between regulators, exchanges, and banks. ''[And] we're still talking to ourselves. We're not thinking about the end investor.''


    Read more: http://www.theage.com.au/business/highfrequency-trading-rewriting-the-rule-book-20121026-28azm.html#ixzz2ATAY0l6u

    Cheers markco2
  28. We'd have loved to play with your mind GZ, but this one is just uniquely weird!

    We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!

    I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
    Hmmm. That's my best conspiracy theory for now!
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  29. I am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)

    I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
    I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.

    The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.

    Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
    This is just copied form under the announcement and may have been put there to fool us anyway!

    30.3mt @ 1.7% CuEq
    (0.8% cut-off) Measured and Indicated
    97.9mt @ 0.96% CuEq
    (0.4% cut-off) Measured and Indicated
    272.9mt @ 0.62% CuEq
    (0.2% cut-off) Measured & Indicated and inferred
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  30. I find that post rather repugnant and cynical cusox.
    Right now, imo it's a buy.

    What does that have to do with anything else?
    Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper

    If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
    Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?

    It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
    We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.

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  31. Shadow, that is bull dust, and you know it.
    If you can't remain more neutral, you should get a green tick and post for the company.
    You simply can't give a value on it without ALL the information.
    Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.
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  32. No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.

    However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,

    Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.

    Cheers

    OI NQ , how they hanging?

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  33. Announcement from ERM has made my day. :)

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  34. re: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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  35. tvp
    Maybe this sheds some light on it ............................
    He was suspected of being Bendigo. Maybe the mods worked it out.

    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:27 - 236 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529197 - in reply to msg. #529196 - splitview

    piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:29 - 236 reads
    Posted by bigdump
    IP 210.49.xxx.xxx
    Post #529199 - in reply to msg. #529188 - splitview

    so who should be ashamed of themselves
    it squite ironic !
    Isn't talking to ones self a form of madness





    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:30 - 246 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529201 - in reply to msg. #529199 - splitview

    fark u 2 fool ramper

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:35 - 242 reads
    Posted by trade4profit
    IP 144.139.xxx.xxx
    Post #529204 - in reply to msg. #529197 - splitview

    diatribe...

    Here are the posts you refer to "6 - 8 weeks ago"...

    ---

    Subject copper strike.. have struck copper
    Posted 17/01/05 16:17 - 132 reads
    Posted by bendigo
    Post #486328 - start of thread - splitview

    Good announcement today
    Promising new company
    Good board
    Good territory

    go the ASX website & check out the announcment.

    Cheers
    Bendigo

    ---

    Subject re: copper strike.. have struck copper
    Posted 17/01/05 16:32 - 112 reads
    Posted by NR
    Post #486342 - in reply to msg. #486328 - splitview

    all ready on them bendigo......awaiting further annonucements.......


    ---


    Subject re: copper strike.. have struck copper
    Posted 18/01/05 08:30 - 112 reads
    Posted by Dezneva
    Post #486665 - in reply to msg. #486328 - splitview

    Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.

    ---


    These were the first 3 posts ever on CSE.

    Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."

    Problem is, it was Bendigo he was replying to and not you!

    How do you explain that?

    Cheers!

    The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:40 - 234 reads
    Posted by Rocker
    IP 220.253.xxx.xxx
    Post #529215 - in reply to msg. #529204 - splitview

    well picked up T4P


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  36. I get your drift joewolf.
    The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.

    Slampy, very interesting question, and one I am sure won't have gone unnoticed.

    Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.


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  37. I reckon you should all get a life personally!
    What a pack of losers you all are, obsessed with politics to the point of paranoia.
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  38. At this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.

    CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.

    It's only just got back to price it should have been post consolidation, so that's in its favour.
    Very little to sell, I like that, as it will move quickly.

    Many won't have received the email yet as they're at work, etc.

    Read more here.

    http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO

    Looks good for next week. Be prepared!
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  39. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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  40. tvp
    re: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!

    Salty - howsabout an email update please imo!!
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  41. What a fascinating thread reading back 3 months!

    Lots of reading today!
    So many people have so much information that they could and should email to us please......

    [email protected]

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