Australian (ASX) Stock Market Forum

Re: USA - UraniumSA

U38 said:
Help please, if i have not held USA from the start, am i eligible to get 1 loyalty option for every 2 shares?
Thanks

I actually emailed the issue before and got the following reply from MD.

"Dear Eric,

The Board will decide and publicise a "record date" for entitlement to the
loyalty options. The "record date" will be some 3 months after listing but
the exact date has not yet been set. Parties who are shown as shareholders
on the Company Register on that "record date" will receive the 1 for 2
loyalty options. You should be aware that it can take several days for a
sale or purchase of shares to be entered to the Company Register.

Regards
Russ Bluck
managing Director
UraniumSA Ltd "

As Mr Bluck said "Parties who are shown as shareholders
on the Company Register on that "record date" will receive the 1 for 2
loyalty options.", literally, you are eligible to recevie the 1 for 2 options. I am not sure whether have to hold for at least three months by the record day. I suggest to email or contact Mr Bluck directly, he will reply shortly.
 
Re: USA - UraniumSA

As stated yesterday, yes you will recieve the options if you buy into usa in the next 9 or 10 weeks. Buy hold and one little beep on a geiger counter and this baby goes into orbit.
 
Re: USA - UraniumSA

zed327 said:
As stated yesterday, yes you will recieve the options if you buy into usa in the next 9 or 10 weeks. Buy hold and one little beep on a geiger counter and this baby goes into orbit.


Just remember that you can TRADE this in that time.

As long as you hold in 3 mths time. It wont rise vertically for ever.
This is a good move yet to be seen if sustainable. Likely to continue until sellers wish to take profits which has only occured when floated.
They have gone and new blood in.

Some sold out in the flat period yesterday.
New buying pressure will see it rise if it does.
 
Re: USA - UraniumSA

Well I sold all of my shares yesterday, expecting for the price not to hold up
and settle back to the 30 - 35 cent range. As far as the options are concerned I don't expect that will bring much profit to most people because
once they are exercised a third of the shares will be worth 25 cents which
will drag down the rest.
 
Re: USA - UraniumSA

tech/a said:
Just remember that you can TRADE this in that time.

As long as you hold in 3 mths time. It wont rise vertically for ever.

You are spot on it won't be keeping rising daily. But there is the true case more than 75% day-traders losting money. Long holders will make money as long as investing in a right company with a good management team.

There is no doubt that uranium is a hotspot and its price will be keeping rising due supply-demand. I reckon uranium prices will remain at the current level or even further in next three years, referring to historical uranium prices movement .

As my friends in China told me that China will start building up a couple of nuclear stations for the civil purpose. Recent alignment with PNN is just a small step.

In USA's board, XU Gang is "a uranium geologist with diverse experience in business research, project accountancy, marketing, finance and as a senior business advisor. He worked for Chinese National Nuclear Corporation (CNNC, the sole Uranium buyer in China) for more than 9 years.He also maintains a good working relationship with Chinese nuclear power companies. "
The good managers will increase the shareholders' value as what Warren Buffett believes. Actually, there is a real case happening in ASX, being CMQ. its directors failed to comply with disclosure requirements and its sp plunged considerably.

There are a number of uranium stocks realising substantial profits for shareholders holding for one year; SMM, PDN(2003, pdn's sp was 1 cent, but now worths 5.72), MOX, DYL, RPT ... and recently listed UTO, UKL, FAS ...

However, not every minnows relating to Uranium would be promising. Some small companies floating is to squeeze shareholders' money for speculative owners. Please do your investment wisely.
Good luck :)
 
Re: USA - UraniumSA

trader said:
Well I sold all of my shares yesterday, expecting for the price not to hold up
and settle back to the 30 - 35 cent range. As far as the options are concerned I don't expect that will bring much profit to most people because
once they are exercised a third of the shares will be worth 25 cents which
will drag down the rest.

Frankly, I had been as a day-trader for years before, and there always was the case, I sold the stock while it just starting uptrend. Like RPT, got in 7.6, and sold at 12; I bought a share while it dropped substantial intraday, and sold it at even lower price in a few days. Overal result was equal to 0.
Now I rethink what I had done and believe Warren Buffett is spot-on.

Generally U-stocks belong to the mining sector are high risky. So I have to check fundamental facts thoroughly. Firstly, are Uranium prices fuelling based on the real demand? The answer is definitely yes. Big insatiable buyer is China. U prices are driven by supply-demand. Technically, referring to historical U prices movement, prices keeped rising and remained at the high level for at least three years. So current U prices will keep going or remain for a couple of years ahead.
 
Re: USA - UraniumSA

Good managment is the key to long term success of any company. AMP crashed because of bad managment even though it's a cash cow.
 
Re: USA - UraniumSA

I reckon USA is on the first uptrend wave. today's retracement is normal and will build up the support level of 38c, paring the shadow of the price level of 25c before.

USA will start its maiden drilling in two weeks. That's the important event expected. It will be next MOX. All the time will tell... see whether what I said is right or not.
 
Re: USA - UraniumSA

Thinking of switching from DYL into USA...
Ah... if only i had unlimited cash!
 
Re: USA - UraniumSA

Accaeric said:
I reckon USA is on the first uptrend wave. today's retracement is normal and will build up the support level of 38c, paring the shadow of the price level of 25c before.

sp hit an intraday low of 37.5, is close to what I previously predicted level of 38c, and currently hold well above 40c.

cheers
 
Re: USA - UraniumSA

Rafa said:
Thinking of switching from DYL into USA...
Ah... if only i had unlimited cash!

DYL has soared to 35.5c from 13c in one month. The patient shareholders of DYL made huge profits.

Gook luck to USA's Sh's :)
 
Re: USA - UraniumSA

I wondered whether it is necessary to have held for over 3 months prior to the "record date", and emailed to MD, got a quick reply as follows:

"The Loyalty Options will be issued to shareholders who are on the register at a nominated "record date" which will be very close to three months from listing.

Regards
Russ Bluck
Managing Director
UraniumSA Ltd "

Good luck to all!
 
Re: USA - UraniumSA

I don't think the price will be dropping very much with people picking it up and holding for the loyalty options.
 
Re: USA - UraniumSA

34c is getting into shakey territory,must hold here or 30c here we come.What do you make of the chart kennas?
 
Re: USA - UraniumSA

nice run up to a new high of 0.59 an close of 0.54 on good volume, must be getting close to those 1 for 2 loyalty options, 18th jan is 3 months from listing.
 
Re: USA - UraniumSA

shinobi346 said:
Share Options announced today. Congrats those who held or bought before the big rise!


Hallelujah, what a score!! :p:

What will the share price do Jan 19th though? plummet? :eek:
 
Re: USA - UraniumSA

zed327 said:
34c is getting into shakey territory,must hold here or 30c here we come.What do you make of the chart kennas?
A month later and you have your answer.

I'm no Kennas, but there is something incredibly attractive about this chart that I like...
 

Attachments

  • usa2.gif
    usa2.gif
    12.9 KB · Views: 82
Re: USA - UraniumSA

moses said:
A month later and you have your answer.

I'm no Kennas, but there is something incredibly attractive about this chart that I like...

Moses, I'm no chartist, so obviously I know nothing about shares. But I'm guessing USA will drop about 30% next Thursday or Friday.

Call it a hunch. :D

(and yes I hope I am wrong, but I wont be)
 
Top