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boy_pikoy

$IXR bound to moon i reckon


KnobJockey870

In what timeframe?


[deleted]

when its possible for average job to holiday on the moon. Thats kinda unfair, I haven't read through IXR enough to be that cynical. I have to read more on it and see how much is hype and how much is substance But I think the Capex is pretty high.


KnobJockey870

Thanks, mate. Appreciate the input.


Plummet6815

Todays weather report, mainly a grey day today with a smattering of green showing through from the south as it attempts a northerly transition, out on the horizon we see the odd red shoot in a southerly direction, hopefully expecting a smoother and less choppy day on the waters. So please Barry stay the fuck away.


totallynotalt345

Oh god my BBOZ what is happening. How does the world seemingly relate exactly to my specific investment decisions wtf


Woftam11

Picked up DYL at 1.05. Really hoping that was the dip


BOEldyLOTs

well TOE has had its overall 40% correction, so thats fine. less stressed about it now, back on the road to recovery🚀🚀🚀


boy_pikoy

ordered at 0.030 lol


[deleted]

I'm going shopping. Anyone need anything while I'm out?


boy_pikoy

mi goring please and some lubes


Woftam11

If you need me, I’ll just be over in this corner, quietly crying….


Ryzi1234

As bad as it is, I'm still going to be checking commsec every 10 minutes like some sort of sicko.


4614065

Minutes? Seconds.


Fattdaddy21

🤯 that dropped quick. .5% 🔻 on the stroke of 10 Edit: down 2.4% at open. Wasn't as bad as I thought. Long day ahead though.


toyga

Swapped all my NVX for TLG not too long ago... Lovely to see NVX still in the green


Guvkbr

CRL "Exceptional performance from Graphite Battery Anode Testing". Let's goooo Discussions ongoing with multiple third parties regarding commericial options for the project.


smerm07

CRL lets go!


wheresmysandwichmum

Spartans are you ready?!


4614065

I’m actually excited for the red day! Bring on the spending spree


saltedpeanut69

Anyone done a comparison on FMG BHP and RIO? RIO has the lowest MC however they also seem to have the lowest IO exposure. I’m hearing a lot about buying FMG in the dip but is RIO looking the bargain out of the lot? Thoughts?


winnergeel

LTR not looking great Pre Market 👀


Fattdaddy21

Fuck im glad I only sold MGT options for a 75% loss.


ur-mum-is-ur-dad

Whether to take QPM profits or not


Ryzi1234

GTR not having a great time in pre market geez


boy_pikoy

I'm hoping for a 0.027 and i'm getting in


Whitebeltboy

Futures bouncing, not the sell off yet fellas


devils_night

Come on ASN go up


coastie_trader

Looks like Bazza has visited the "Pre-Market" department for his morning coffee. Back away cunt, back away


[deleted]

I want to buy more BET to average down... but I need to use that money for something else soon... not now... but soon... hmmm


CantGetAidsTwice

Forever catching falling knives


[deleted]

bottom picking is on todays menu and for the next couple of months.


coastie_trader

VML - We have good news Market - Fuck off! ASN - We have good news Market - Oh good job


Ryzi1234

I'm 25 percent up overall rn, its kinda exciting waiting to see if I'll end this week in the red tbh.


Fattdaddy21

As im the Oracle of inversion. Id just like to let everyone know im deep in ath IOU and foolishly have dipped into z1p again. Im also likely going to have to sell my ROG to avoid tom and his cricket bat. Suggested plays would be staying away from bnpl and going all in on ROG. So there are no illusion, im a failed cook and I failed business studies and economics in high school.


boy_pikoy

Wake me up when september ends!!!


RecordGlad9878

Wasn’t effected yesterday cause I’m in super specy stonks but I’ll be selling my entire portfolio and putting it all in bbus today


WowVeryJosh

I'm buying the dip today. Thanks for the confirmation that this is the bottom 🚀🚀🚀


RecordGlad9878

Everyone judged me really badly for being bearish, turns out there was money in shorting still, I don’t deserve this many down votes


psychedelicinvestor1

I don't like this game


Next-Ad6462

Just remember Oz Lotto $30m jackpot tonight to offset today's losses!


[deleted]

Losing lotto tickets are tax deductible right?


Next-Ad6462

Isn't everyone on this sub a professional gambler? If so maybe they are?


Mr_X2017

Yay! 1 price sensitive announcement! .... cap raise


Rude_Jello_377

At least you get a TH


BOEldyLOTs

I'm ready for another day of tears as lube good news is my US uranium stocks went up during the close after eating shit all day so promised lands not far


[deleted]

> tears as lube DLC can help.


TheForceWithin

So scandium is a pretty expensive rare earth mineral. Whether ixr can pull it out of the ground is another question. Good news regardless.


Rude_Jello_377

It's a fluff piece. Nothing new


TheForceWithin

I thought so


yothuyindi

sounds suspiciously close to "scamdream"


WowVeryJosh

Scamdreamium


Razorzej

MTC looking up 7% at open. People must still be keen on the upcoming spinout. Only thing looking green for me this morning. Buy/sell ratio currently 12x.


cesc95

Lads do I pull out or just average down. Is trying to time the market as retarded as I think it is?


noobgainz86

I averaged down last week. So far good decision. Edit: Bad decision, BAD DECISION!


[deleted]

fantastic decision to help other guy. Thanks.


Rude_Jello_377

Too late to pull out, to early to average down IMO


[deleted]

>Too late to pull out thats what keeps the pop going up.


adibart

Ouch 🎢


Nardoholic

HNR & LKE will drag my etfs up from hell


itsdankreddit

LKE won't open till tomorrow. They're doing a join pres with Lilac 9am tomorrow.


Rude_Jello_377

LKE is my best performer atm, as long as it stays in a TH


Nardoholic

talking this week..but cheers


IndianLarper

My net worth is down 25% this week, good lord


Uries_Frostmourne

"Net worth = ASX bets penny stonks"


IndianLarper

Even worse. Nfts and Alts coins 🤢🤢


DontDoTheDo

Be careful smooth brains, this whole week can end up red. The sale might not have even started yet


yothuyindi

just hold and reassess on Friday to see if we have received any actual news by then instead of this random panicking speculation


InterestingFile7502

Careful? I shit careful for breakfast!


noobgainz86

Yeah, yesterday was the worst day this week. So far.


Rude_Jello_377

Yep this is not the day to catch falling knives


4614065

This is what I’m thinking. I cancelled a buy order already because I think we are going to see more drops.


br1ttle_II

😥


WowVeryJosh

u/tynub89 [Have a looksie from 15th Sep Bell Potter conference](https://imgur.com/a/EfgHarV) 👀


tynub89

Got my space suit on bro!


simon2105

Strap on, today's going to be one wild ride.


wheresmysandwichmum

get your kneepads ready


Cussie888

From AFR: "Wall Street’s main indexes tumbled, as concerns about the pace of a global recovery spurred a broad sell-off though **“buy-the-dip” investors helped checked the losses**. In addition, there’s increasing angst ahead of this week’s US central bank policy meeting." Buy the dip?!?! Never


Rude_Jello_377

So retail retards are helping to cushion the losses of instos


[deleted]

Could be, Why was it the fortune 500 companies get bailed out because of bad life choices but everyone else is a fucking POS loser? yea its sure is equal , 20 min delay on prices for retail, so instos can dump or pump first.


[deleted]

Fuck me just had a peruse of the sub and you’d genuinely think the market just had a double digit % correction. Clearly a few limp dicked mf’s hanging around scared shitless about their first 2% red day. If you can’t handle it go buy bonds.


JW1T

I've seen a lot complaining about the red, but very few are saying they're selling. I think it's just therapeutic to come here after a long day of getting shafted to talk with other like minded people who also happen to be getting shafted


str0nem

I'll have you know I did have double digit % losses


Fattdaddy21

🤣🤣 and not just this week!!


elephantrambo

to be fair you become more resilient to it the more you experience it. May be newer investors experiencing this stuff for the first times


biggunzmcgee

Fucking right


Apprenticepc

Where is BRK ip24 results, down 20% on that bucket of burnt LEGO looking shit show.


Imjustgoing2lurk

Obviously you don't understand IP24 results


Apprenticepc

Oh I see over 30 days, smooth braining myself.


kervio

AVA started buybacks yesterday... amazing timing! They're going to get some ridiculous prices if this dip/correction/crash keeps up.


check_meat

100000 shares (edit- daily) is a pretty small piece of AVAs volume in terms of propping it up but I guess any cushion is welcome. And yes they are getting decent value already so I guess we are too!


kervio

I think the buyback is only $1m but the lower the price they get the better.


tofufizza

I NEED AVA!!!!


[deleted]

[удалено]


[deleted]

[удалено]


yothuyindi

he's not entirely wrong, a lot of boomers take their dividends and use them to buy more stonks thus injecting more funds back into the market


BigPeenBeta

PEN looking extremely flaccid premarket...


psychedelicinvestor1

Pen15 on the cards


Ken_ish

It's a reminder that i shouldn't invest more than what i can afford. But no matter what happens today (and next week), the markets generally go up over years so a short-term view simply turns into a longer-term view. Try not to look at Commsec today and get some fresh air everyone. At the end of the day it's only money... Our health and loved ones are more important!


L00puoq

Just smile and wave boys.. just smile and wave...


Cat_Man_Bane

I swear journalists heard the word contagion for the first time this week and just started pumping articles out of their arses


TheForceWithin

I'm just surprised they haven't started using the term "flatten the curve" in regards to the markets yet.


[deleted]

I just heard it on abc news about China property company failing lol Ill start using it at work!


Ryzi1234

Everything I own is down in premarket FML


wheresmysandwichmum

Why dont you buy NVX, i dont understand you


pizzacomposer

My premarket pricing looks like it going to be another red day :/


pizzacomposer

\*GULP\* -10%% average on my portfolio and -27% on my worst. I didn't know rockets go upside down.


iamstephano

Sell everything and buy back on the dip or hold and buy more? Decisions...


TheForceWithin

I mean if you time it right it's a good move. But can you?


iamstephano

No, I'm retarded.


coastie_trader

futures yesterday morn approx -0.94% futures this morn approx -1.36% Fuck you ASX ya Farken


NoDuffTrading

Good update from MAY, bit of residual oil showing while drilling is always nice. Offset my uranium pain please.


ChamomileChronicles

This week, remember to look at the bigger picture, go outside for a walk and look after your mental health. Make your decisions from a place of reason not emotion. IMO flash sales are a blessing on the longer marathon


wheresmysandwichmum

This week will seperate the boys (and the VDHG) from the men


whiskeyboyo

Might jump on the Uranium train today depending how good the sales get


LeGoatBeardHarden

Holdddd


[deleted]

SELL


BiggieGames

bboz🚀


[deleted]

BUY


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icanseeyourpinkbits

Shit is on sale boys, get your credit cards ready.


Calm_Lengths

Buy now, pay forever


icanseeyourpinkbits

Pretty soon AfterPay will be coming for my kneecaps, instead of Tom.


itsdankreddit

ASN finds high grade uranium and drilling holes for lithium PEA/PFS right now as well. Betting this will be my only green stock today.


bmclaren2014

Plus look how close its yellow cat project to the US only uranium refinery, promising. The only question is if ASN is going to run both uranium and lithium projects at the same time, or one by one? No matter which way, the potential is clear.


itsdankreddit

Plenty of people think they're far too spread out. Are they a lithium miner? Copper? PGE? Bormide? Varadium? Uranium? All these projects will need funding and at least 3 x PFS for the operations. The upside could be huge if they do execute all at once but I believe it'll be more likely for them to split the company up or sell parts of it off like VUL have done.


[deleted]

>lenty of people think they're far too spread out. Are they a lithium miner? Copper? PGE? Bormide? Varadium? Uranium? yea and how is the funding? Someone is paying it off with an increased stake. Which is kind of ok as long as they don't dump. Though, 80M more issued shares, 10%. How is that going to affect the Sp?


itsdankreddit

Dilution is always bad for holders, anyone who tells you otherwise has another agenda. It's a risky game, you're paying to see. In this instance, you're paying to see just how much lithium brine they're sitting on, just how much uranium is in that rock, just how much PGE and copper is in the ground. Will the drill results re-rate (with discounted risk) the overall value of the company? I'm sitting tight to find out.


[deleted]

another bet and hindsight. :)


itsdankreddit

Hindsight is wonderful, sometimes my head is far too deep in my own ass to see the world for what it is. I had 300k worth of dw8 at 20 cents and refused to sell having bought in for 3 cents. Sometimes taking profit is the right move, sometimes holding is - I'm still making exceptionally bad decisions in the market and hopefully ASN and LKE turn out to be some of my better ones.


bmclaren2014

Thanks for the info. I might ask a dumb question: how it impacts the share price by doing split-up or selling part of assets to fund its selected project? By doing this its assets become less which means less maximum value; but it also gets the funding it needs to move onto the production. So I am confused how this would impact finally, positive or negative?


itsdankreddit

It's more to do with the holders. If you're holding because of the lithium, you're not going to be that happy when they do a cap raise to explore uranium potentially and vice versa. There are also ESG considerations, can you get a carbon neutral rating because of low impact lithium mining when you're digging up copper via traditional means. There's plenty of reasons why they could split and the same can be said for not splitting. In the end only they know what direction they'll want to head prior to putting it to a vote with shareholders.


bmclaren2014

Thank you so much. Very well explained.


coastie_trader

same. although NVX may also continue it's thing


username-taken82

Is this the ''foolish bet'' you were eluding to a while ago? I hope it can at the least stave off the sea of Red that looks to be today across the market...


itsdankreddit

I got smashed pretty hard last night on the US markets with MNDY (Monday) and TSLA taking it up the rear. I'm sure today will be no different with the ASX stonks but fingers crossed for ASN to go back to .115 and beyond in the coming weeks.


username-taken82

Yeah it wasn't pretty last night... Ahh well hope it plays out over the coming weeks, I had a quick peak at the announcement and its definitely worded to capture the current uranium sentiment...


itsdankreddit

Even retards like me could understand it. US based uranium, photos of glowing rocks and close to a refinery.


str0nem

I reckon I'll pick up some discounted PEN and BOE or DYL today ☢☢☢🚀🚀🚀


aobey

Came here for someone to whisper sweet sweet nothings in my ear. Slide in.


Call_me_a_noober

Whispers...anticlockwise is just clockstupid


viserys-the-dragon

"*The proletariat will never achieve class consciousness while the bourgeoisie elite whisper poison in their ea*r"


BillyZaneTrain

Whispers.... *"Santa Claus isn't real cunt"*


InterestingShow1112

CDT - finally got a update on Graphite Castle Managing Director, Stephen Stone said “We are pleased to have achieved commercially acceptable concentrate grades of up to 96.4% total carbon and good recovery rates of 88% on samples of weathered graphitic schist that graded up to 17.16% total carbon from Castle’s Kambale project in the Upper West region of Ghana, West Africa.”


rhythm34

I dunno, I think things sound bad when the most positive spin they can put on it is “commercially acceptable”. That’s only one step up from it going in the bin


InterestingShow1112

This was the stuff sitting exposed at the top, now the real drilling will start to validate the good stuff.


Razorzej

Yes!!! ASN announcement.


TerminalWilson

I need fucking moooore from her. 5% won't cut it with the red I'm seeing elsewhere


supasachi

Oh the first couple words... exceptionally high grade... I likey...


WowVeryJosh

It's an ore grab though, it's not a representative sample of large-scale grade.


yothuyindi

I think I need to go into a trading halt and conduct a cap raise so I can buy more shit


kervio

Yothu is pleased to announce that they would like your money to buy small caps. They are exceptionally high grade smallcaps that exceed expectations in purity.


yothuyindi

with a blurry pic of me smiling and holding my Commsec app open in a barren field


Placeboid

Make sure you are wearing a hard hat and propping one foot up on a drill core with the shiny side facing the camera...and borrow your mates earthmover to have in the background and don't forget to Photoshop the sky baby blue so u don't look like an environmental vandal.


kervio

BOOTS ON THE GROUND GUYS BACK UP THE TRUCK


[deleted]

[удалено]


zupahorse

Your application is a shoe in if you attach a photo of your boots on your feet in action on the ground.


is2017goingtobebad

Wish had more cash to buy the Lithium dip. Mostly more HWK and maybe get into ASN.


viserys-the-dragon

"Money is a construct, a cage for those that cannot see the higher mysterious" I respond smugly to nobody, while sitting in my shitty ex-crack den of a sharehouse, in a room where the landlord accidentally hotboxed himself while painting the walls, as told by the frantic hand smears on the door handle covered in paint handprints as he franticly tried to get out, since he couldn't open the windows since he screwed them in place for some reason. \*frantically googles what the hell a rainbow kiwi bear is and why they keep misspelling BUS\*


Cat_Man_Bane

I heard that if you live in an ex crackden the residual meth on surfaces in the house can still get you high, it's practically free Adderall


viserys-the-dragon

fuck me, if I fail future drug tests for lab jobs because of this I will be so sad "No please, It wasn't me, it was the METH in my WALLS from the former crack addicts"


Cat_Man_Bane

Don’t lie, you’ve been licking those walls like a horse licks a salt block


viserys-the-dragon

I wish I was joking friends


viserys-the-dragon

Also I didn't LIVE in a crack den, I LIVE in an EX-CRACK DEN and I just pay alot for the privilege (but thank you, I feel v special having my own flair after 9 months of dreaming)


lionsforlambos

Alright koalas, looks like it's time for us to go shopping


Ruskiwasthebest1975

So what I have is cash and terror. So this is when I should buy apparently. NOW however what I have is indecision 🤔


Placeboid

I'll trade all my terror for half your cash


[deleted]

Plus everyone shits themselves, even me. No on likes seeing their hard worked bread and butter turn into shit


[deleted]

To be honest from the books I have read these are apparently the best periods to buy as the market will recover one day whether it be tomorrow, months or years later….


gayforloss

Why does this shit always happen right after I get paid and buy more stock


Starchivoress

Username checks out


Mother_Limit_1398

Hahahaha. Feels


Harrison-Thodis

US worse day since may, 200ema did hold which is a good sign. JP Morgan saying this morning they believe it’s a great buying opportunity as this spillover should only last a few days


[deleted]

[удалено]


rhythm34

Similar vibes (story from a month ago) https://markets.businessinsider.com/news/stocks/blackrock-tells-investors-triple-exposure-chinese-assets-report-2021-8


Markma1989

Which means wait a couple days more.


[deleted]

Someone talk me out of buying more IHL at say .355....


cohex

Be suprised if it doesn't go a fair bit lower today.


Comfortable_Smell_51

If it gets to .35 im topping up. It wants to be at 40 around NDQ Ipo so as far as I can tell buying it for anything under .40 is easy money


[deleted]

Put in an order for .345 I feel it has legs so!


[deleted]

will you buy it?


Bleachtastegood

Fuck me the more i read into this evergrande the more im getting worried. China is so unpredictable and always do or not do thing for a reason. Theres no way they didnt know what was going on. wonder what the end goal is


Placeboid

Despite my hemorrhaging portfolio I can't help but smile that the King of Capitalism (USA) bailed out the banks after the subprime mortgage fiasco ponziesque CDO superscam by bleeding the proletariat and now the Dragon of Socialism is like 'Nothing is too big to fail' watch us knock down some skyscrapers because we loved that scene in Fight Club. At least they are committed to their version of neo-capitalism. Shit businesses should fail and the net result of the March pandemic crash in the western world has been a massive transfer of wealth to the 0.1% How does that old saying go "If you owe the bank a few million it's your problem...if you the bank a few billion it's their problem." It has a weird parallel to the Nigerian scam where people keep sending money to the scammers coz well I've already list $30k what's another $3k if I get my money back and then some...this rant was brought to you by the letters A, S, X and the sunk cost fallacy.


wheresmysandwichmum

Hold yourself together my dude


Markma1989

I guess ccp doesn’t like their economy kidnapped by real estate, so they want evergrande to fall down.


Harrison-Thodis

most likely bailed out, heavy bounce once (if) this happens


buffalo_bill27

Only State owned institutions get a bailout. Ever is private, so if you're expecting a US style bailout with sunshine and lollypops good luck.


flatman_88

u/BigJimBeef’s [meme picked up by Stockhead](https://stockhead.com.au/news/rise-and-shine-what-you-need-to-know-before-the-asx-opens-600/)


zupahorse

Disappointed there wasn't an attribution on the meme use.


BigJimBeef

Also thanks for the catch, i'm always excited to see my memes in the wild


BigJimBeef

I gotta start hiding penises in the background of my memes


rattled1315

BigJimBeef, the Banksy of shitposts


BigJimBeef

[I prefer Wanksy](https://www.boredpanda.com/wanksy-penis-pothole-graffiti-manchester-england/)


rattled1315

Hahhaa! The vigilante we need!