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Vic Wasteland Thread - 15.0

R31Nismoid

By R31Nismoid,
in Victoria

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Birds Grand Master

Birds

Posted
Posted

Here comes 88E's delayed ray of light - dropped down to 1.4 cents two days ago and now London is currently up 35% on news of multiple targets identified, equivalent to AUD 2.3 cents...would have been a great buy at that low! But you never know which way it will go...

Suck it to all the twits who firesold it into the ground ?

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This is where the cost of a Tax accountant that knows what they are doing outweighs the costs   FYI $300/h

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this has been covered many times before on this forum, please use the search function.

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tokyo is so f**king cool.

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Birds Grand Master

Birds

Posted
Posted
1 hour ago, TiTAN said:

Red emperor just about doubled in price at open.

With 20/20 hindsight they would have been a good one to get onto simply because this well is their biggest operation/objective right now, whilst 88E as only a joint venture have their eggs in a lot of other baskets. Suppose it could have gone the other way had the drilling results been average and Red Emperor could have been smashed with a heavier drop whilst 88E stayed more robust at around 1.4-1.6.

It's promising though; we've been 1.8 for a long time now. Goes to show that indisputably positive news can lift us up. People just want to hear more or less the words "we've found oil" and then they buy. Everything else is a drop on news.

Leroy Peterson Grand Master

Leroy Peterson

Posted
Posted

Byron BYE has been doing well for me, bought and sold medium term twice now for profit.

Making a little bit on dividends with Oil Search and Mineral Resources, planning on holding long term.

Waiting for TLX to drop a bit more now the news has slowed down, gonna get back in.

I bought into SLX (uranium re-enrichment) hoping to time a brief uranium run, but company announced bad news and I was in the red for a long while, good news brought up price and got out for some profit luckily.

Still holding small MXC and CPH but they've not been doing well. Expected bigger things for Aussie cannabis products by now.

SW1 a decent share IMO but price hasnt recovered from down turn late last year. So good entry at the moment.

 

brb, selling my motor bike coz no space and then gonna buy another a la UNREEL

Leroy Peterson Grand Master

Leroy Peterson

Posted
Posted

Started rental inspections over the weekend... We were the only people there for 2 out of 3 inspections that day. Houses had been empty for quite a while, seems owners aren't budging on price. One is way over priced so will apply for $50 less a week than what they offering... f**k em.

My mum's townhouse in Chelsea just had 3 townhouses built on the block next door. One sold off the plan for $780k. Been trying to sell since it finished construction, no interest so went to auction. No bids at $620k. Real estate agent was saying long weekend clearance rate was low 40%, but they were expecting low from long weekend

Birds Grand Master

Birds

Posted
Posted
On 3/7/2019 at 11:36 AM, Birds said:

With 20/20 hindsight they would have been a good one to get onto simply because this well is their biggest operation/objective right now, whilst 88E as only a joint venture have their eggs in a lot of other baskets. Suppose it could have gone the other way had the drilling results been average and Red Emperor could have been smashed with a heavier drop whilst 88E stayed more robust at around 1.4-1.6.

This was one I didn't wanna be right about...Red Emperor down about 75-85% whilst 88E nearly halved...

Birds Grand Master

Birds

Posted
Posted
22 minutes ago, dezz said:

GG 88E

My fault, I was telling Leesh how predictable this share is to ramp up from the high teens into the 2's again as it inevitably does and I said I should have offloaded yesterday.

viper2002 Rising Star

viper2002

Posted
Posted
7 hours ago, Leroy Peterson said:

Started rental inspections over the weekend... We were the only people there for 2 out of 3 inspections that day. Houses had been empty for quite a while, seems owners aren't budging on price. One is way over priced so will apply for $50 less a week than what they offering... f**k em.

My mum's townhouse in Chelsea just had 3 townhouses built on the block next door. One sold off the plan for $780k. Been trying to sell since it finished construction, no interest so went to auction. No bids at $620k. Real estate agent was saying long weekend clearance rate was low 40%, but they were expecting low from long weekend

Yeah it's odd, there's a massive decrease in housing prices but the rentals are not budging. I'm hoping prices drop sometime soon as I'm not planning on getting a house for a few years.

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