Australian (ASX) Stock Market Forum

AQP - Aquarius Platinum

Noticed through recent announcements that AQP has been recently included on the ASX 100.........

Hopefully with recent increases in the price of platinum and the proposed offer for 'Ridge', there is hope for aquarius once again.

I am a new member and very green at trading, but have been following this share for some time....
 
Like the look of AQP atm. Buy triggered on the 2/12/09 with a price of $6.83
Anyone else been looking at Aquarius platinum???
 

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Anyone here invested in/watching AQP?

They have placed their Everest Mine in care and maintanence.
http://www.asx.com.au/asxpdf/20120621/pdf/426z1q10y9l0s8.pdf

Aquarius Platinum Limited (“Aquarius” or the “Company”) advises that it has placed its Everest mine on care and maintenance with effect from the close of business on 21 June 2012.
The ramp-up at Everest has encountered challenges resulting from poor ground conditions and on-going disruptive industrial relations over an extended period and these issues, coupled with the present low PGM price environment, have rendered the mine uneconomic. It has therefore been decided to place the mine on care and maintenance, pending better prices and improved industrial relations.
 

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This is one of those "falling knife" stocks i keep an eye on .

SP :$4.64 june 22 2011
Sp :$0.89 june 22 2012

They had a fire recently at a platinum mine in zimbabwe,this never helps production.

may be a day trade,wouldnt like to be invested in it.
 
Glad a sold this one when i did.

3 dead in mine riot, serious stuff.

AQP looking awfull with platinum prices, poor bal sheet? and now this. What is it with African Platinum miners? PLA had such a similar incident a year or so ago.
 
Channel width was 17c, meaning a possible target of 90c. Channel was already trending upwards but with a lowish gradient, and now breaks to the upside, with increasing and strong volume. I think a good sell point would be 76.5 (long term trend line) or 90-ish.
 

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Channel width was 17c, meaning a possible target of 90c. Channel was already trending upwards but with a lowish gradient, and now breaks to the upside, with increasing and strong volume. I think a good sell point would be 76.5 (long term trend line) or 90-ish.

Oh boy..... oh boy oh boy.

And people say the market isn't manipulated!

I bet ASIC won't even bother with this.

Did anyone see what just happened?

F'n pricks got my stock. Go and choke on it.

Be interesting to see what excuse they come up with. Be something like "oh sorry, our receptionist is dyslexic".
 
Oh boy..... oh boy oh boy.

And people say the market isn't manipulated!

I bet ASIC won't even bother with this.

Did anyone see what just happened?

F'n pricks got my stock. Go and choke on it.

Be interesting to see what excuse they come up with. Be something like "oh sorry, our receptionist is dyslexic".

What are you complaining about? You got a nice fill on a spike up, didn't you? How's that manipulation?!
 
I bought last Thurs guys, and was planning to hold to 90.

Today some idiot puts out a price sensitive ann from 2001 about suspension of operations, I happen to not read the date but think the tone is negative, the sell side suddenly gets 300,000 shares placed on the top line, so I sell.

What do you think happened?
 
I bought last Thurs guys, and was planning to hold to 90.

Today some idiot puts out a price sensitive ann from 2001 about suspension of operations, I happen to not read the date but think the tone is negative, the sell side suddenly gets 300,000 shares placed on the top line, so I sell.

What do you think happened?

Just a typo on the date. Its a real suspension of ops.
 
I bought last Thurs guys, and was planning to hold to 90.

Today some idiot puts out a price sensitive ann from 2001 about suspension of operations, I happen to not read the date but think the tone is negative, the sell side suddenly gets 300,000 shares placed on the top line, so I sell.

What do you think happened?

Well... you made a decision to sell on negative news and that was that. The typo turned out to have no impact on you anyway since you didn't see it.

On the other hand... it's pretty slack governance by AQP. Operations were suspended on Friday afternoon so really the announcement should have and could have been made first thing in the morning (as opposed to after lunch).

Then they announced at 4:30pm that operations have resumed... which probably happened over the weekend as well. So the morning announcement really should have read "Operations suspended and resumed".

IMO that's poor form... but you can think it's manipulation if you want.
 
It was rather strange.
I heard about it over the weekend and was surprised not to see any announcement for most of the day and shocked to see the stock was up over 6% on the day.
Then the announcement came sighting both.
Maybe the international time difference caused the announcement delay from a business hours point of view, as opposed to a world general news point of view.
 
Well... you made a decision to sell on negative news and that was that. The typo turned out to have no impact on you anyway since you didn't see it.

On the other hand... it's pretty slack governance by AQP. Operations were suspended on Friday afternoon so really the announcement should have and could have been made first thing in the morning (as opposed to after lunch).

Then they announced at 4:30pm that operations have resumed... which probably happened over the weekend as well. So the morning announcement really should have read "Operations suspended and resumed".

IMO that's poor form... but you can think it's manipulation if you want.

I was still in the manipulation mindset from last week. There obviously was none. Angry at AQP for their incompetence, but more angry at myself.
 
Oh this is just perfect. The banghead icon doesn't do it justice. I need something more violent.

You made a call based on the information available at the time and was probably the right call.

It didn't work out, but it doesn't mean your decision was wrong.
 
On April 14th, 2016, Aquarius Platinum Limited (AQP) was removed from the ASX's official list pursuant to Listing Rule 17.11, following completion of the Company's amalgamation transaction with Sibanye Gold Limited.
 
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