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warrain

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06/05/24

06:03

Post #: 73676035
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Originally posted by dolcevita: ↑

I was going to get in to WC8 at around 75-80c but held back.

There was muttering from Jim Chalmers about making changes to the rules on FIRB considerations probably connected with the AZS approval. I get the feeling he would have blocked it if he could because he doesn't want the Li going to China, but just a guess.

I did buy more of a gold explorer on cusp of production and more of a biotech that's tripled since taking a much bigger position on a SPP a few months ago. But ....when that one matures it's going to be paid in USD/ pesos. I'm comforted with the reality that the AUD is a peso to the USD. But anything could happen as we are on the cusp of a super boom in commodities a sudden rush before capitulation.

Looked at DEG but not sure of them. It's not hanging together too well. Saw a preso IRL by an old guy from DEG who was so (over?) confident he proceeded to spend most of his time reminiscing. What the heck?

Back to WC8 Gina still has $18 billion or so to wave around but I personally do not want a takeover of another stock this side of the new financial year that pays out instead of giving scrip. She likes her acquisitions cheap which apart from other merit, puts WC8 in her firing line.

As for China they have bought a sheet load of gold, but trying to bring the US to its knees is audacious since their own economy is a basketcase. One of the reasons for the Chinese aggression is trade barriers being brought in by the US... it's infuriating them. And Xi is madly trying to calm a restive domestic populace with a spot of warmongering. OPEC are testing the waters, already 20% of oil is bought avoiding the USD and the situation in Gaza has poked the bear they are quietly apoplectic. Could be wrong but I don't think those situations are imminent. Just two continental shelfs grinding away until there is a few massive shock quakes.

LYC is kind of treading water because the West is trying to take back some kind of control on rare earths as well as Li but is floundering around.
Volatile situation. Caution is warranted.
But what do I know...

OK....desperate for relevance but the 'luxury handbag indicator' spells trouble. Almost every major social media influencer has sold their luxury handbags in a move that is a 'head for the hills' in nature. I watch that sort of drivel at times for light relief and even they are bailing out.

Unbelievable.

LOL! Still learning here. I'm only a bubba?

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why do you go to all that trouble with that spiel if your not a holder I ask ???

WC8 Price at posting: 48.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 30.0¢		Change 0.025(9.09%)		Mkt cap ! $361.9M

Open	High	Low	Value	Volume
27.0¢	30.5¢	26.0¢	$1.153M	4.052M

Buyers (Bids)

No.	Vol.	Price($)
2	55000	29.0¢

Sellers (Offers)

Price($)	Vol.	No.
30.0¢	207207	7

View Market Depth

No.	Vol.	Price($)
2	55000	0.290
4	57051	0.285
1	29598	0.280
3	38598	0.275
4	92022	0.270

Price($)	Vol.	No.
0.300	207207	7
0.305	143327	5
0.310	317300	3
0.315	6500	2
0.320	114277	5

Last trade - 16.10pm 21/08/2024 (20 minute delay)

WC8 (ASX) Chart

Chart, page-719

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Chart, page-719

Top Stories

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