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Easylikesunday, if I'm not mistaken that's just taken from the Stoxline Australia site, and it's completely computer generated so obviously there will be mistakes in some of the indicators etc.
AUT - Aurora Oil and Gas
- Thread starter nioka
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I can't believe this run. Last 3 days AUT had a big run then came back at the end.... this time it just kept going! I agree strong oil prices and that oil pipe problem is helping and also the fundamentals are great with the wells and rigs but this bad boy just keeps gaining and with from buyers, people are holding on well. Hopefully we won't see a big pull back once the cap raising is done.
I would say the market would know about the $1.60 cap and the fact that the SP keeps going up may mean we may not see it drop much on it's run towards the high $2 and into the $3c. Would you guys agree?
I would say the market would know about the $1.60 cap and the fact that the SP keeps going up may mean we may not see it drop much on it's run towards the high $2 and into the $3c. Would you guys agree?
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If it does, then I'll be topping up. I'll just have to sell the wife and kids first.
I think there may be a small army of buyers if it does pull back that will join you, hopefully making any pullback brief and meaningless.
Theres too many strong reasons for the gains right now. The bulls are running, oils strong, the PIGS debts got auctioned off easily. Bernanke and the beige book are saying the US will swing into proper recovery in Q2. Our flows are great, our valuation is $1 above current sp, we have a reserve report soon, and we have 2 extra rigs arriving in the next 5 weeks.
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I've been waiting for a pull back since Dec 9, sold a bunch of other stock and waited for the SP to continue pulling back from that $1.89 high. I missed it as it only dropped to $1.79 before skyrocketing to $2.09 on the 15th.
Finally decided to get rid of another poor performer and dump a bunch in to AUT at $2.51 yesterday to increase my holding.
Now to sit back and watch. If there is a pull back on cap I'll pick up some more. I agree with Condog though, AUT is in a bull run, and with good reason given the strong fundamentals and recent inclusion to the top 200 etc, waiting for a pull back on this will likely loose you possible gains.
Happy camping
cheers
Finally decided to get rid of another poor performer and dump a bunch in to AUT at $2.51 yesterday to increase my holding.
Now to sit back and watch. If there is a pull back on cap I'll pick up some more. I agree with Condog though, AUT is in a bull run, and with good reason given the strong fundamentals and recent inclusion to the top 200 etc, waiting for a pull back on this will likely loose you possible gains.
Happy camping
cheers
I been saying it all along like a broken record its a buy and hold , its growth is tooo strong to get out, as its growth made exiting higher risk then staying in.
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Yep, been in and accumulation since 49.5c...............give me a time machine and I'd dump the lot in back at 35c when I stuck AUT on my watch list
I tried trading a pullback with a parcel of my shares around one of the previous cap raisings......didn't go all too well, so I went back to my buy and hold strategy, for now at least
cheers
MIR and i put this together a few minutes ago elsewhere and i thought worth while to chuck in here for anyone new to aut
1. Jon & management know what they are doing & Jon holds about 17m shares.
2. hilcorp know what they are doing , more than us.
3.they have the support of major institutions all over the world that love the story.
4. they are in the best part of the best shale plays in the US.
5.some analysts have said it's got $4 to $5 written all over it.
6. reserves report to come & well spacings to be reduced.
I'm sure I've forgotten a few things but OGG will help out.
7. Its a whole dollar under Euroz valuation price
8. ITs got an NSAI reserves report in the next 6 weeks
9. ITs got its 3rd and 4th rig turning up in the next 5 weeks and we have all seen what drilling results do to the sp
10. We have oil at incredibly profitable prices
11. We have a 60 day flow average of over 650 boepd and that includes the early wells that had much bigger declines then the restricted chokes
and there just the points that roll off the tongue...
1. Jon & management know what they are doing & Jon holds about 17m shares.
2. hilcorp know what they are doing , more than us.
3.they have the support of major institutions all over the world that love the story.
4. they are in the best part of the best shale plays in the US.
5.some analysts have said it's got $4 to $5 written all over it.
6. reserves report to come & well spacings to be reduced.
I'm sure I've forgotten a few things but OGG will help out.
7. Its a whole dollar under Euroz valuation price
8. ITs got an NSAI reserves report in the next 6 weeks
9. ITs got its 3rd and 4th rig turning up in the next 5 weeks and we have all seen what drilling results do to the sp
10. We have oil at incredibly profitable prices
11. We have a 60 day flow average of over 650 boepd and that includes the early wells that had much bigger declines then the restricted chokes
and there just the points that roll off the tongue...
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Condog.. Where do you recieve your Euroz valautions from?
I recieve mine of a few nice fellow posters on this forum and hc. if you drop your email in text form eg blah at bla dot com to avoid bots finding your email im sure someone will oblige. do it when they or we start talking about the next one.
Tranch 1 has been and gone.
Theres a general meeting soon for Tranch 2 and they get released 25th Jan if approved (which they will be)
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What can we see from the share price come January 25th and the near term afterwards?
BEIJING ”” Chen Weidong, an influential policy guru at government-controlled China National Offshore Oil Corp., has a blunt message for oil sands companies and investors: get out.
The future, he says, is natural gas trapped in shale rocks.
From http://www.financialpost.com/news/e...icture+sands/4111522/story.html#ixzz1B8gUgUal
The future, he says, is natural gas trapped in shale rocks.
From http://www.financialpost.com/news/e...icture+sands/4111522/story.html#ixzz1B8gUgUal
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Yeah wouldnt mind a chartists view on what they think may happen around the time the next lot of shares come out to them investors.. and or other views?
23,311,080 shares and 2,848,920 Special Warrants.. for the tranche 2 to come out on the 24th
On the 15th (when the announcement was made) open was 1.85 close was 2.04 just below the days high.. and since then there hasnt really been a retrace to reflect.. since then theres been lower lows and higher highs..
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With the volume that has come through at $2.10+ since the first tranche and the announcement I doubt there will be much of a pullback really.. Condog.. would you agree? I doubt people will be willing to sell at this point even for a quick profit and thats funds aswell. They know what we know.
imo wit out a doubt its going to either hold us flat for a bit or pull back a little bit for a while once the get released. After all its supply and demand in its most raw form.
But seeing whats just happened, it wont imo be pulling back far or for long.
Obviously everyones tax situations are different, but for most longer to medium term holders i doubt it will pull back far or long enough to warrant paying CGT. I really doubt their will be profitable trading for those whove owned them a while,
What i would say is i think it will provide a nice entry / top up point for those looking to get in or get more.
As youve seen with Tranch 1, it did hold the sp back slightly but it wasnt long. Each level cleared the sellers out progressively. Once those excess sellers are cleared, it rises rapidly and there appears imo to be no going back.
I honestly believe right now a chartists point of view is not going to be anything remotely close. ITs previous histrory of this stock and experience with it that continually prove to be more accurate. Weve had chartists in here before and theyve basically cost people money, because theyve been wrong.
But seeing whats just happened, it wont imo be pulling back far or for long.
Obviously everyones tax situations are different, but for most longer to medium term holders i doubt it will pull back far or long enough to warrant paying CGT. I really doubt their will be profitable trading for those whove owned them a while,
What i would say is i think it will provide a nice entry / top up point for those looking to get in or get more.
As youve seen with Tranch 1, it did hold the sp back slightly but it wasnt long. Each level cleared the sellers out progressively. Once those excess sellers are cleared, it rises rapidly and there appears imo to be no going back.
I honestly believe right now a chartists point of view is not going to be anything remotely close. ITs previous histrory of this stock and experience with it that continually prove to be more accurate. Weve had chartists in here before and theyve basically cost people money, because theyve been wrong.
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Yeah no sweat, i been topping up alot lately just thru Ig markets. i put in a few stops that i doubt will get hit but just needed to be sure.
i do agree however, with such a slight pullback after tranche 1, tranche 2 (which is fewer shares) hardly see much at all..
when do we go live on the Tsx?? i expect to pick up another 10,000-20,000 by months end.. my other long positions are allowing me to top up alot on Aut..
i do agree however, with such a slight pullback after tranche 1, tranche 2 (which is fewer shares) hardly see much at all..
when do we go live on the Tsx?? i expect to pick up another 10,000-20,000 by months end.. my other long positions are allowing me to top up alot on Aut..
