>>>>>>>>>><<<<<<<<<<<
G-Day @Wazdan and other wise readers....sorry for not getting back to you sooner....
The following are not!!!! meant as advice,,and are stated purely as contextual reply to
your previous post,,,and are in no way meant as financial advice,they are the poster's thoughts
and are but reflective of publicly available information,statistics and charts of equities that
are here mentioned by a code understood by both the recipient and other insightful readers
(are presented thus as to avoid any perception of ramping one way or the other)...
and thus such equity information is very very easily found with a basic internet search.
So always DYOR also,,,
Re: your question 9/15/14/9/3 and demerger from 19/5/18
One thinks its a pity as they are into commodities and managment of vital resources
through nano filtration,using the up and coming carbon tech that will be seen in more and more
application across a surface of industries....and their shrinking of component power source size
and other endeavours are most encouraging...
Seems that they are not public listed in OZ,as far a one has been able to ascertain....
But if you have other info,,,please send it back.
Now on to your other Question.........
One is of the opinion that taking a position in any equity that is sub $0.50 of less than 100k units
will take longer to make a relatively small gain,as one has to keep in mind the basics that @100K units
every $0.01 rise or fall is $1k.....
This principal changes the cheaper a unit is,and you have to make your plays according to what
you find comfortable with,and IMHO NEVER EVER take any position without being prepared to loose the lot.
So,..................
From IMHO,,,at current price hovering 'twix' $0.29 and $0.30 for the past 2 odd weeks..
there are indicative gains to be made up to $0.36 and one should think about profit taking @36 cents
wait for retrace....re uptake 50% of profit if price falls then depending on forthcoming news and
ann's....hold to 40 to 41 cents and consider position once again.
But...IMHO and always DYOR could observe in the range one would need to get first past a
resistance level of around $0.37....
then another at around $0.40
followed by a third at $0.43 to $0.47
THUS_RE: 3/15/5
MC $441.31M with Register of 1.47B units.....
The following is a quick breakdown and general mental calc and opinion.....in reply.
1.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NB: 3/7/6 .......
With an MC of $7.46B with a register of 610.3M units that have
been steadily rising since 2009,with only a little dip
between Mar 2012 to Feb 2103 which was a pittance of a drop,
are a HEAVYWEIGHT that have ave been buying heavy into 3/15/5
in very clever parcels from 17/05/2017 to 08/09/2017.
Thus having gone from an initial position of 24,139,459 units
on 05/05/2017 to and estimated 83,397,526 units by 08/09/2017,
and thus be in a position to be possibly holding 83,397,526,
as not all buys have fully cleared the from most recent placements
by the 08/09/17.....
So that would give 3/7/6/ roughly a voting power of 5.67%
at a mental calculation,,( i may be out by a bit as this
"Old Noggin" is not what it was once....
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2.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Also 10/3/16 Invest Partners,which are not an 1/19/24 listing
as far as ones delving has been able to ascertain,,,also
got heavy into 3/7/6 with am acquisition of 101,775,438
Giving them a @ 6.37% voting power.
And this mob are into some very heavy prime!! holdings....
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3.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Now lets look at 2/16/20....
as per "ASX Ann." dated 13 Aug 2017,,,
with a holding in 3/15/5 of 116,775,206 units had its
voting power diluted from 10.24% to 7.94%
most likely as a result of point "4."
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4.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
But note that 3/15/5 have executed
330,486,334 fully paid ordinary shares
under the institutional component of the fully
underwritten accelerated non-renounceable prorata entitlement offer
as detailed in 3/15/5 "ASX Ann".dated 29 August 2017
@$0.295 per share.Which in the general outlook is neither here nor there...
IMHO its a needed action that bodes well. Why???? Well I think one has just about
driveled on enough,,,so onwards....
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and,,, 5.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
so lets summarize.....
7.94+6.37+5.6= Approx 20% holding by some very savvy entities,,,
Even though one does not rely as much on charts as some,
one is not averse to them.....
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SO lets see and with a quick look an indicators.....
```BB%(still closer to over sold than over bought,and i right on fair value),
```M**D(Was Trending at down turn,,,But in last 5 days has begun to punch Above "0"
one likes to see this as in the past was always followed within a short period
with a strong up trend,,,Nice sign),
```Will%R(also indication is over sold,but due for a gain) ,
```Slow_N_Fast,have respectively......
(Slow converged and steady),
but
(Fast is beginning to diverge)
Thus so to some this is also trending with a
and the .......
```"R'epetative S'train I'njury"
(was at or about 30 but last few days gaining...but even in the last 12 months did not go red
even @ 37cents....and has stated to show move from oversold.....)
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Anyway...hope that helps,,,,but its only a fraction of what one tries to look at in the
wild wild west that are the markets.....
NB>
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Full log of the content of this post has been made for verification,
as one is never sure what may be deemed offensive anymore,
as there are some many variables throughout all threads on general market forums,that are left,
even though seeming breaking a given forums rules,or removed arbitrarily...
So if one does not reply its because of the above..
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...............for both insightful and frank and KUDOS worthy posts elsewhere here.
PSS.NB, Chart edited with sub code as per this thread by poster.
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Chart credits to http://www.marketindex.com.au/
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Regards
NoBoDe ......
