AFF Member Stock Discussion

@Buzzard we all want happy days. Mrscove wanted some Booktopia and so of course that one got done. We went for Marley Spoon which is MMM seeing they fell back.
 
We missed NUIX even though it was offered. We were so busy at work we didn’t get to read the prospectus.
That was a big week and our iron ore tiddler Fenix went up by a good percenage as did our manganese tiddler E25. Both are about to start shipments.
The percentage gains and losses on the tiddlers are much greater than the big stocks.
Ophir Global is going to close off their Global Fund in the next few weeks. We may apply for more before it closes. It is running very well.
Finbar are now selling lots of apartments in the Perth metro area as real estate in Perth is running hot now. Their code is FRI and they endured some tough months. The good times should roll on nicely as they are debt free.
Both Euroz listed funds OZG and WIC each have 7% of their funds invested in Finbar shares so they picked the uplift in apartment sales.
 
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Was happy to get out of Link LNK and Village Roadshow VRL today after being in the red for many months.
Bid for 2 lots of Calidus CAI @ 0.51. We think they will be rushed And we will get modest allocations.}
Applied for 3 lots of Ophir Global which is an unlisted fund that is up 43% this year. Ophir may close this fund pretty soon so we added to our 3 holdings.
In nickel explorers we took up some Erawarra shares. We had pre IPO shares so that helped get a fresh allocation as they head to ASX listing.That one was rushed as it was a small issue.
 
We jumped into DOC just before the market closed last night when they were being swamped with new float sellers. Looking better this morning.
 
Because we were already shareholders we did well with the Calidus placement @$0.51. It is a good story for CAI.
We took up our Galaxy entitlement and applied for some extra. That code is GXY.
Sold some Perenti to get the ones we paid a higher price for off our account while still making a modest gain. We still have lots of PRN at around $1.10.
 
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Have various companies rattling the cash raising tin at the moment including Money3 which is MNY and IGO with their new lithium investment.
There are others and with Australia Post being broken often we have to go online to avoid missing offers.
Our Galaxy offer came with one day spare and was in the money @ $1.70.
 
Still have some Long Short Fund which is LSF. They do a good report with some of their investments so it is a good read once a month. Current net worth is $2.31 and the share price is $1.98.
 
We can all hope for a big success in breast cancer treatment.There would be very few families who don’t know someone who has been or is being treated for breast cancer. Good luck with IMM getting thru Phase 2.
Had to catch up on filing and dividends. Using multiple brokers does complicate our records.
This past week was certainly a winner for many stocks but not Telstra so far. Instead they copped a $50 million fine for bad behaviour and their stock price weakened.
 
Not currently open, but does anyone know anything about this?


Never heard of it and to be honest, I probably wouldn't touch it. It sounds like they just take up the SPPs purely because they own shares in the top 300 companies. Some of those could well be bad eggs or on teir way down.
 
Never heard of it and to be honest, I probably wouldn't touch it. It sounds like they just take up the SPPs purely because they own shares in the top 300 companies. Some of those could well be bad eggs or on teir way down.
From what I read you get 1 share in 300 companies which enables you to participate in any SPP in those companies but the choice to do so (or not) is still yours. Personally have considered keeping a small number of shares when I sell off an interest for just this reason so for me a good idea.
 
From what I read you get 1 share in 300 companies which enables you to participate in any SPP in those companies but the choice to do so (or not) is still yours. Personally have considered keeping a small number of shares when I sell off an interest for just this reason so for me a good idea.

Ah OK. I must admit I only had a quick look so must have misunderstood the concept. It still doesn't interest me though.
 
We have 3 holdings in IGO and their entitlement issue is in the money. We sold some Marley Spoon MMM and Ophir OPH to be ready for some share purchase plans and issues. Maca which is MLD looks ok too.
Ophir is now about 30 cents over their net asset backing.
We switched some funds into Ozgrowth OZG as they have assets at a discount of about 20%.
 
Tonight we took up our IGO entitlement issues as they are well in the money.
Maca MLD placement came thru and we accepted that one 5 minutes after the offer arrived.
CBA has been moving nicely.
 
I am horrible at picking growth shares (picked ZIP and A2M and lost big time), are there any ASX-listed funds that focuses on growth shares?
 

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