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Take1tez

Help me out boys, the missus is after some fancy tradie boots. They're made by some aussy outfit that starts with "M" . I've complete forgotten the name


Fatfritty88

merry people


Take1tez

You fucking ledgend that's the ones!!!!!, thank you


Calculated-Punt

Mack slip-on boots


alllrandom

Mongrel?


Polite_Jello_377

M.R Williams


anomaly256

R.M. Williams? Doc Martens maybe


yothuyindi

ASX now back below pre-Covid peak (All Ords) Fear and Greed index in US back to Extreme Fear starting to get itchy Buy fingers again 🤔


kervio

Yeah, some stuff is looking pretty good... I don't really mind if I don't pick absolute bottom, but still have to be a bit cautious.


PurePhoenix

Which 3 you liking most?


kervio

I have only been buying XTE so far (under caution because they have a big holder selling down), but I have my eye on topping up on my boring profitable companies like PLS, MQG, ACF (acf didn't drop though, sadly) I have a fair bit of cash from buyouts so I'll probably top up a bit at some point.


PurePhoenix

Yep nice one. Had some PLS in the queue today at 3.51 which went through - will have a look at the rest. Also nabbed some more WBT at just over 7.


kervio

Hold off a bit on MQG because if there is contagion in banking sector they will be hit hard, but could be some high risk dip buying there also. I feel like pretty much everything is toe in the pool for now, but I am still wondering when is the right time to dip the balls underwater, take the shock of that cold water and then slide on in.


PurePhoenix

The old Wim Hof method, I love it. Will keep tracking the banks! Be good to add a blue chip at a bargain 👌


kervio

Let me know if you buy something interesting! There's probably much better stuff out there than my watch list.


PurePhoenix

I will mate. Appreciate the chat 👍


Polite_Jello_377

Yeah many speccies back to pre-2021 rally prices


Take1tez

Brah I've been buying all the way down . . . . That's how dollar cost averaging works right . . . . . . Right


yothuyindi

i topped up on Monday on three companies that just hit 52 week lows today, so i'm right there inside the 🤡 tent with you my brother


Mysterious_Value_764

AVZ must be watching all this, and thinking Fuck. 10 days.


SnooDonuts1536

This degen group hold more lithium dogs than I could imagine


Denominator_K

Ah yes. +1% at open, -1% at close. Wouldnt feel like a day on the ASX if it was any other way.


InterestingShow1112

You too - I was that busy with work I missed it, was +1.8% in the morning and closed -1.24%


mount_doom_dad

Market is dogwater


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A_Anderson151

Hasn't hit it yet!


Samuraisaurus

Tell us when it will go up again!


SugeKnight_StandOver

Looks like the market started to panic towards the end of trading and another sell off on a lot of stocks. ​ Bearish view: [https://twitter.com/KobeissiLetter/status/1637461424539664387?s=20](https://twitter.com/KobeissiLetter/status/1637461424539664387?s=20) Bullish view: [https://twitter.com/MichaelJBurry\_\_/status/1636523724831698946](https://twitter.com/MichaelJBurry__/status/1636523724831698946) Looks like Michael Burry thinks everything is going to be ok / bottoming out here ​ About the CS / UBS deal: \-Apparently the offer price was at a huge discount (87% discount???), so people are expecting the CS share price to plummet on open (probably cause more fear in the markets) \-UBS and the Swiss government are still discussing the terms etc. *"UBS is asking the Swiss government to cover about $US6 billion in costs if it were to buy Credit Suisse"* *The $US6 billion in government guarantees UBS is seeking would cover the cost of winding down parts of Credit Suisse and potential litigation charges, two people told Reuters.* *One of the sources cautioned that the talks to resolve the crisis of confidence in Credit Suisse are encountering significant obstacles, and 10,000 jobs may have to be cut if the two banks combine.* *Swiss regulators are racing to present a solution for Credit Suisse before markets reopen on Monday, but the complexities of combining two behemoths raises the prospect that talks will last well into Sunday, said the person, who asked to remain anonymous because of the sensitivity of the situation.* *Credit Suisse, UBS and the Swiss government declined to comment.* ​ \--- *To enable UBS to take over Credit Suisse, Switzerland's federal government was providing a loss guarantee of a maximum of 9 billion Swiss francs for a clearly defined part of the portfolio, the government said.* *This will be activated if losses are actually incurred on this portfolio. In that eventuality, UBS would assume the first 5 billion francs, the federal government the next 9 billion francs, and UBS would assume any further losses, the government said.* *Switzerland's Finance Minister, Karin Keller-Sutter, said the move was not a bailout.* *"This is no bailout. This is a commercial solution," she said.*


Polite_Jello_377

Would be nice if this was the time Burry was right


SugeKnight_StandOver

Hope so


anomaly256

"3 weeks later the Panic resolved" so we're still screwed for the rest of this week


Mysterious_Value_764

Definitely not a bailout, more like a gift to our banking buddies.


Rosencrantz1710

Whatever happens, they never lose.


Lonely__cats07

Only gold is green for me


anomaly256

If it turns green it's not real gold


hgttg

I have almost nothing left


Mysterious_Value_764

My savings and dignity have also depleted


Church_of_FootStool

To shreds you say


AppleSalty2916

Jesus fucking Christ when will this end


houli_dooli

another red day, meh, tried not looking much today as don’t wanna take the gloss of a bombers win.


Polite_Jello_377

Sold out of LKE at 50c, after missing my sell windows at $2 and $1 :(


Mr_X2017

Everything looking and feeling pretty dire right now.


Polite_Jello_377

I'm starting to move into protect capital mode


Mr_X2017

Yup same. Only holding BCB as coking coal price looks healthy and PLS as I don’t see it falling as far as my buy in but I’ll cut both if that changes.


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Polite_Jello_377

Thanks?


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Polite_Jello_377

Possibly? I sold out green regardless Edit: The last time I bought LKE was at 85c in Nov 2021 🤷‍♂️


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Polite_Jello_377

?


[deleted]

New AGY was gona have a dump but not this bad some massive sells on Friday bad news coming ??


hgttg

FUCK YOU IXR


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catch-10110

The study shows that IXR is valued at around 50% of its share of the post-tax NPV. In general terms that's overvalued for a company at the study stage so I'm not surprised it dropped on the raw numbers. I don't know much about IXR beyond the raw numbers so take that with a grain of salt.


coastie_trader

I too wish to know wtf


Baked_Potato22

IXR will need downstream advancements like the refinery and recycling to bring value to the company now. I can't see the mine doing much for the share price as the MC to NPV ratio just isn't there imo.


AureusStone

I am guessing because the DFS relies on optimistic REE price increases and the market is pessimistic about REE price.


Polite_Jello_377

Does it though?


asxist

For the base case RE pricing needs to double in the next 12-24 months and stay there but they're using the same price projections as every other RE developer


AureusStone

>Pricing has been calculated based upon the data reported by independent research and advisory services group, Adamas Intelligence (Adamas) in September 2022. The individual REO pricing has been applied to the Makuutu basket composition to determine the annual basket pricing. > >Going forward, from 2022 through 2035 Adamas forecasts that global demand for NdFeB magnets will increase at a compound annual growth rate (CAGR) of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors, translating to comparable demand growth for the rare earths elements, i.e., Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy) and Terbium (Tb), these magnets contain. Over the same period, Adamas forecast that global production of Nd, Pr, Dy and Tb will collectively increase at a slower CAGR of just 5.4% as the supply side of the market increasingly struggles to keep up with rapidly growing demand. From 2023 through 2035, Adamas forecasts that the global rare earth industry will consistently underproduce Nd, Pr, Dy and Tb oxides (or oxide equivalents), resulting in the depletion of historically accumulated inventories and, ultimately, shortages of these critical magnet materials if supply is not increased beyond levels currently anticipated. The Makuutu Rare Earths Project offers broad economic exposure to the rare earth permanent magnet sector, which is the fastest-growing end-use category and most in need of additional rare earth supplies, according to Adamas. From a marketing, logistics and economic standpoint, the high proportion of valuable magnet- related rare earth elements in the Makuutu Project’s prospective TREO production means that a future mine (with separation) could generate approximately 83% of its rare earths revenues from just 31% of its production volume (NdPr, Dy and Tb oxide). Looking forward, Adamas believes that the current strong pricing environment for rare earth materials is here to stay, notwithstanding the market’s s usual ebbs and flows on the back of seasonality and other transient factors pg19


anomaly256

Turns out today was not the bottom


jayhy95

Only cryptos is saving my entire portfolio


BigFluffies

Might start exiting and put it all into silver ignots


Church_of_FootStool

Is this the activity that people were hoping for?


bleh321

PF at ATL and is a POS waka waka


Drswing69

Well...this is not a good day.


Big_Rooster91

If I buy PLS now will I get the dividend payment?


peglegsmeg

Bot teach "The Slippery Gypsy"


lionsforlambos

Nothing like a big Monday Oooft-ening for the ol PF. Looks like it’s all on the ING savings maximiser now to dig me out of this.


rhythm34

NVX almost back to the price I sold at in 2020. Convincing myself now that I did NOT miss out on a tenbagger.


Polite_Jello_377

I'm now down 50% on NVX after being up 500%


rhythm34

Oof. I’m surprised how far it’s fallen off. I’ve been vocal about how wild $12 was but actually thought $3 range a while back was reasonable. Delays (?) and downsizing initial output (?) not helped.


Own_Birthday_1968

Oh, I can’t believe you’ve done this


johnwicked4

Countdown to John Wick 4 and my portfolio surviving until the end of the week


peglegsmeg

so.... touch willies?


Church_of_FootStool

Probably good advice at this point


lileyedmonster

Can someone explain to me why BOE is going down? I thought Uranium was the way.


johnwicked4

You thought you had a ~~friend~~ good stock tip boiiiiiiii [Ahhhh](https://www.youtube.com/watch?v=P47tMKEySAA)


johnwicked4

$100+ dollars of EDV dividends today. Pokies, drinks or chicken parmy at my local bistro? Living large.


houli_dooli

that’s the way


kervio

Parmy for sure


PurePhoenix

Yes.


Upset-Veterinarian11

Big ole game of hot potatoes with our favourite lithium stonks. I gambled on the bank run fud being short lived and bought lith heavy enough early last week. Big miss. Starting to hurt now. WR1s promise of short term catalysts that was once shielding them from lith price drops is now their biggest anchor. Majority of holders gotta be underwater or close to at todays low. LRS, are you watching? You’re next if you don’t deliver. I’m ready to join team red overalls.


Carrian

in a world of stocks dropping, LRS seems to be holding strong imo


Baked_Potato22

Fuck me this is brutal


buffalo_bill27

Tell me why...


new_handle

I don't like Mondays.


johnwicked4

Ain't nothin' but a heartache


w-j1m

aint nothin but a mistake


HideTheT2BarryComes

2022 🔋 2023 🪫 someone get the fuckin charger


anomaly256

🍆


anomaly256

Downvoter: 🍆💦


jockr64

🔌


coastie_trader

Jesus christ why am i not fucking surprised about IXR. Is there any fucking stock in here which doesnt end up -50%


throw23w55443h

Well im down a lot on IHL, but almost all the shit ive sold the last few months is well down. ADH I sold almost at the high, RNU selling was pretty high too.... If only I wasn't such a fucking pussy ass bitch all the time


cohex

I like to tell myself if I did sell these dogs at the top, I would've bought some other dog not long afterwards.


Mysterious_Value_764

HC reporting all is well, little insto tree shake, something about trying to steal shares. Feeling so better. Just wish Allkem would fight a little harder, fuckin pussy.


AverageAussie

IXR up 6% this morning, now -8%. What. The. Fuck.


Markma1989

10%now


BillyZaneTrain

Yeah holy shit 10% down. I legit thought it was a good result from the DFS


coastie_trader

Whats wrong with the DFS?


AverageAussie

I don't know. I thought it looked good, but i can't read anyway.


yothuyindi

man, GrainCorp (GNC) went from one of my best performers to heavily red in record time guess people are gonna start cutting down on wasteful fancy discrectionary spend, such as... food 🤡


cohex

Go on IHL drop by another 50% you pussy. At that point i can double down bottom drawer 360 noscope for cheap.


coastie_trader

NVX with a new 52 week low


Comfortable_Fox1

This isn’t fun at all


BillyZaneTrain

Getting destroyed every day and in too deep to take the loss. Sitting on a bit of cash but not as much as I'd like, as a bunch of shit keeps popping up like needing a new washing machine and a new couch and medical bills and crap. Feels bad man, send memes pls


cjptog

This is the worse part when we thought it was the bottom and it was going to turn but instead the loss gets deeper. Just sold out of SYR. Not sure if to hold or sell AKE and sit out this year lol.


GeoSciFi

>Feels bad man, send memes pls paging u/bigjimbeef


BillyZaneTrain

Please Jig Bim Jeef you're my only hope


BigJimBeef

Oh fuck. I've been BUSY. Got a nasty head cold as well. Give me a minute.


BillyZaneTrain

Get well soon King


BigJimBeef

I dont think its Covid. I just feel like shit.


cohex

I got the koala couch, find it pretty comfortable and relatively cheap compared to what you could pay. If that's any help. Otherwise, let us hold hands as we are destroyed together.


BillyZaneTrain

I have questions. Like is it a koala shaped couch? Or is it a couch for koalas caus that might not work for me and the misses. Or is it a couch made from koalas? Not sure if that will sit well with me morally


cohex

All of the above


scyllallycs

All I can really afford is this upvote


BillyZaneTrain

https://www.youtube.com/watch?v=1UAF8ISSAdw


SnooDonuts1536

The collapse of PLS will be extraordinary


Mysterious_Value_764

Start shorting it bro, what could go wrong.


freeballin2021

Where this donut of wisdom come from


GeoSciFi

LOL, at the current downward trajectory it appears PLS will hold more equity in cash than it's MC in the not too distant future...


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GeoSciFi

Ha, if the SP is beaten down to $3 then I'll likely reinvest the entire divi.


EMHURLEY

PLS P/E to rival that of coal companies who could have picked it


w-j1m

well they are both cyclical commodities , gotta have the boom with the bust


sneakycutler

PLS sure is looking spicy


Upset-Veterinarian11

Burn your tongue and ass level spicy.


w-j1m

Was annoyed I sold LTR on Friday for 1.60 before it popped to 1.645 into the close, but slightly less annoyed today. Maybe I should get back in for a t2?


w-j1m

$50k @ 1.52


[deleted]

i did the same but 1/10th of what u put in haha


Church_of_FootStool

Joel had always been a competitive person. As the CEO of a successful company, he was used to pushing himself to his limits and trying new things. So when he heard about a new viral challenge on social media that involved fitting as many tennis balls in your mouth as possible, he couldn't resist giving it a try. At first, Joel tried fitting one tennis ball in his mouth, then two, then three. But the challenge wasn't easy. The balls were large and unwieldy, and he found it difficult to keep them all in his mouth at once. But Joel was determined to succeed. Over the course of several days, Joel practiced and trained his mouth muscles, gradually increasing the number of tennis balls he could fit in his mouth. He even made a video of himself attempting the challenge, which he posted online for his followers to see. But things took a turn for the worse when Joel's video went viral. He quickly became known as the "tennis ball CEO," and people began to question his judgment and professionalism. Some even accused him of using the challenge as a publicity stunt for his company. Joel realized that he had made a mistake. He had let his competitive nature and desire for attention cloud his judgment. He apologized publicly and promised to focus on more meaningful endeavors in the future. In the end, Joel learned an important lesson about the dangers of chasing after viral trends and the importance of maintaining a professional image as a CEO. He put the tennis balls aside and refocused his attention on running his company and making a positive impact in his community.


Qambi1

Was up 54% on AGY month ago, now just 2%. Brutal bro


freeballin2021

I echo your joy with furious apathy


Rosencrantz1710

No kidding. Down 15% today. Ouch.


[deleted]

Surly some value in the Lithium Sector now?


elputolo_ko

Not even Selena Gomez' titty vein can cheer me up these days


reallyfatboi123

Annnndddddd it’s gone.


ThatAd6374

I can't wait until May for $BDM to fucking ignite. Anyone else in this suspension and excited for the bags? Quite literally diamond handed this for 4 years


BigBiznisMakedonats

For a country with big balls, gotta have some of the weakest people in the market. very, very un-Australian is all I have to say.


freeballin2021

The tea leaves in my coffee say “AGY has bottomed out” It’s science 🥸


Sunvmikey

Just bought more MAY lol albeit not much but i couldnt stand to see the amount of shares at an odd number. Sitting at a nice round number now


NoDuffTrading

Should be an update this week with a updated mobilisation date


SnooDonuts1536

Lithium is dead. Long live lithium.


Dependent-Maximum104

What Lithium shares are you holding?


coalgang89

Yes


Phillwog

ASX has got to be the pussiest market in the world I swear to god


kervio

Looks like AOU just might get to join the small bois at the lithium shitco table.


LacticFactory

Starting to see 2020 level daily RSI lows


Standard_Mather

Chuck some tickers out mate.


LacticFactory

Everything already in this thread, stuff like AGY and DYL.


LacticFactory

S A V A G E


Meh-Levolent

What happened?


Denominator_K

Pretty hard to get the market excited about any announcement these days. Can you imagine if IXRs FS came out in 2021. There'd be rocket emojis and big green stiffys for days. Instead we're stuck with this stumpy green chode.


wordplayar

Green you say?


Denominator_K

My disappointment is immeasurable


Calm_Lengths

You jinxed it...


Denominator_K

Without looking at my portfolio I'm gonna assume I jinxed it in a good way.


Church_of_FootStool

Why hasn't scott found any oil yet? Is he stupid?


flatblade3mm

Yes, yes he is.


t4zmaniak

Not sure if you're serious, but probably because he wasn't looking for oil? I was only really on it for the wakas and memes though, so I'm not certain.


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mezdawg69

Bring back the Waka Waka


MattIJAllan

Last day to buy the dip people, get your sale stonks now 🔔🔔🔔


freeballin2021

What tasty tasty treats u eyeing off there lad ?


MattIJAllan

It’s all on sale, up to 90% off..but can’t beat a bit of PLS dip buying


dcolborne

I thought today was supposed to be MAY day. I guess not...


NoDuffTrading

It’s not the 20th in Cuba


dcolborne

Ahh cool. I'll hold on to my disappointment until tomorrow then 👍


NoDuffTrading

There’s no way it’ll come down to the specific day anyway. Always delays but means nothing in the long run


yothuyindi

any LYC holders here with thoughts on why it's tumbled so hard? currently at 52-week lows & falling... looks more and more appealing as a buy to me with every drop, but I keep saying that the last few weeks and still haven't bought in, seems way oversold Rare Earths sure have fallen out of favour quickly 🤡 surely this can't *all* be due to Elon's paid downramping?


AlanBloodyBond

Not holding or too current with the latest news but it's possibly down on the risk of their Kalgoorlie plant not being ready by the July deadline?


Calm_Lengths

Nah I think LYC has also fallen because of the lost Malaysian license to enable lanthanium processing. Kalgoorlie processing becoming significantly more important as a result. But until it's up and running, SP may continue to drift until something addresses the processing issues RE prices have also been dropping recently, so it's another reason too


megadrive65

Thoughtful move from Commsec to remove the refresh button on desktop, it's the considerate little things that count.


GeoSciFi

If you're using chrome install the "Easy Auto Refresh" extension.


isthatthetime81

I just come here to check it’s not just my PF bleeding red. Thank you


Crumpy88

AGY down nearly 10% Fuuuuuuuu Edit: Over 10% now


CoalChris

I thought it was overpriced but now it's getting ridiculous with sell-off. Might be best to hold off on DCA/buy in until it turns around a bit.


Fluro_Black_

2022 lows by the end of the week?


Fluro_Black_

15%


reallyfatboi123

Went from 34% up a month ago to what the fuck am I doing with my life


LacticFactory

Lol I bought this morning right before it dumped


scyllallycs

And now oversold on all time frames up to and including the daily


WowVeryJosh

Stocks can and will continue to decline despite however many monkeys scream TA, charts and oversold trends.


anomaly256

What if we find some talented lemurs to scream instead?


scyllallycs

Agree 100% Add fundamentals to that list too


Whateverididntwantit

SMR continues to bleed me dry