XAO 0.59% 8,703.1 all ordinaries

Short Term Trading Week Starting: 29 Oct, page-21

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    These were mentioned on the weekend forum, having run hard but with major pullbacks. Some of them had big bounces yesterday. 

    ACL, ADO, ALT, BIT, BPH, CZL, DLC, GTG, IHL, MDX, NVO, ORM, SCU, SUD, AOW, BD1, ANP, GBP, IMM, LCT, PAA, PSY, RHT, GCR, EDE, MXC, ESE

    Quarterlies due out by tomorrow will bring the financial reality of some of them into focus. It will be interesting to see which ones can keep on shining.


    BRK Substantial Holder Notice yesterday with $850,711 shares purchased on-market at an average of $0.017. 

    BRK is generally accepted on the forum as being well undervalued given that supposed quality acreage has been purchased at cheap prices.

    How many acres? At what price? Drilling results etc? Current selling prices?

    The market wants more information before it hopefully lets BRK go through a re-rate.


    https://hotcopper.com.au/data/attachments/1340/1340563-4b644378231731608105c3e9f0dd06d5.jpg

 
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