Australia's largest stock trading and investment forum Australia's #1 stock forum

AWE

Click for more information

0.00%

94.0¢ awe limited

Ann: AWE's December 2015 Quarterly Report, page-26

First 26 Last

Share
Profile

Follow
Hotfire

19,717 Posts.

282

03/02/16

22:29

Post #: 16935712
Share

Originally posted by nammuldi ↑

hotfire - talking to a director today in resources Co and it came to a point where i said why are you listed and he said he wished they wern,t and that at the moment most of their raising is through contacts etc etc and not brokers etc so why be listed was the conclusion.

It could well be that this resources recession may have the effect of many good projects heading off into private equity and for good reason - no ASX fees which are substantial especially in mergers etc needing to have all the asx boxes ticked using lawyers etcetc, no shorters, no alogorithmic trading of shares, access to capital is there - the sharemarket thinks it the only way to raise it - but no it isnt and the longer these issues rasied above keep re occurring the more likely the people with the real projects and the real motivation to succeed will move away from listing. bad news for any traders but probably bloody good news for project developers!!!!!

Expand

I will play the swings, bought some on the lows today for a trade.

Reading a couple of broker recommendation, one saying $300mil in write downs and the other saying $50mil. How can two analytical reviewers can come to such a wide margin variance in views, supports your comments.

Last edited by Hotfire: 03/02/16

AWE Price at posting: 41.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

There are more pages in this discussion • 3 more messages in this thread...

First 26 Last

Add AWE (ASX) to my watchlist

SPONSORED BY