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EMC - Everest Metals Corporation

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Re: USA - UraniumSA

YOUNG_TRADER said:
This has to be one of the most anticipated IPO's I've heard of,

So much interest, so much effort,

I better have got some
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I believe it will not beat TOE and ENR because of the timing factor, but should be of better performance than the other new U IPOs.
 
Re: USA - UraniumSA

So for those that got shares what is your strategy?

Sell for a quick profit day 1?

Hold for years?

I heard you get 30c options if you hold for 3 months is that right? :confused:
 
Re: USA - UraniumSA

Realist said:
So for those that got shares what is your strategy?

Sell for a quick profit day 1?

Hold for years?

I heard you get 30c options if you hold for 3 months is that right? :confused:
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It's 1 option for 2 shares held at a 25c exercise price after 3 months. Does this mean you have to hold for the whole 3 months, or if you are on the share register at that date you get the options?
 
Re: USA - UraniumSA

Realist said:
Hey, I notice I have 30,000 USA shares on my Commsec list today.

The price is ZERO cents.

So obviously I got my shares!! :D
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Yes I got my 20,000 as well. Applied as a MTN priority holder & paid by BPay evening of Sept 14. Should have applied for more though. Regards YN.
 
Re: USA - UraniumSA

deftfear said:
It's 1 option for 2 shares held at a 25c exercise price after 3 months. Does this mean you have to hold for the whole 3 months, or if you are on the share register at that date you get the options?
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These options are loyalty options so yes you will have to hold them for the whole 3 months.
 
Re: USA - UraniumSA

I'm still not sure ? ? ? ? ?

Probably not a good sign, they were allocated 2 days ago to everyone else so looks like I missed out :(

Here's hoping :eek:
 
Re: USA - UraniumSA

YOUNG_TRADER said:
I'm still not sure ? ? ? ? ?

Probably not a good sign, they were allocated 2 days ago to everyone else so looks like I missed out :(

Here's hoping :eek:
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Maybe you should ring up computershare? they would probably give you an answer straight away :) . Hope you get them ;)
 
Re: USA - UraniumSA

Hey thanks Beethoven, I do to


Computershare told me yes I have got them, but for some reason they haven't been allocated to me yet and are chasing this up???????????????

So I'm waiting, I think by tomorrow I'll know
 
Re: USA - UraniumSA

This floats today unless I am sadly mistaken.

So say you have 10,000 shares at 20c and the price goes to 30c.

You make $1000 or 50%.

If you hold for 3 months and the price stays at 30c you make $1000 plus $250 because of the 2 for 1 options at 25c. So $1250. Or 61.25%.

Hmm, what are peoples strategies for this one? it is a tricky situation.
 
Re: USA - UraniumSA

I think talk of 60c or 70c today is unrealistic.

28c is my closing price guess.

I'll be more than happy to be proved wrong of course! :p:
 
Re: USA - UraniumSA

Realist said:
This floats today unless I am sadly mistaken.

So say you have 10,000 shares at 20c and the price goes to 30c.

You make $1000 or 50%.

If you hold for 3 months and the price stays at 30c you make $1000 plus $250 because of the 2 for 1 options at 25c. So $1250. Or 61.25%.

Hmm, what are peoples strategies for this one? it is a tricky situation.
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I am thinking about selling on the first day and rebuying in 2 months time, hopefully at a lower price. Problem with this strategy is if the price keeps going up, I probably won't buy back in just for the extra options.
 
Re: USA - UraniumSA

Beethoven said:
These options are loyalty options so yes you will have to hold them for the whole 3 months.
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Not according to the USA Replacement Prospective which reads "It is the intention of the Company to issue Loyalty Options to Shareholders on the register some 3 months after the date of ASX listing." (bottom of page 6). ie. there is no mention of having to be on the register for the whole 3 months. Regards YN.
 
Re: USA - UraniumSA

YELNATS said:
Not according to the USA Replacement Prospective which reads "It is the intention of the Company to issue Loyalty Options to Shareholders on the register some 3 months after the date of ASX listing." (bottom of page 6). ie. there is no mention of having to be on the register for the whole 3 months. Regards YN.
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not trying to be smart or anything but the definition of loyalty is "A feeling or attitude of devoted attachment and affection" so yes you have to hold them for 3 months. ;) Lol it wouldnt make any sense if you just bought it right before the 3 months and get the options for free.
 
Re: USA - UraniumSA

Noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo


I got kb'd on the float

Realist now I = :(


Good luck to everyone else, will probably list at 80c
 
Re: USA - UraniumSA

YOUNG_TRADER said:
Noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
I got kb'd on the float
Realist now I = :(
Good luck to everyone else, will probably list at 80c
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YT dont worry I think this share will float like NSW/TAB did some 7 years ago .I signed off a cheque for some 10000 shares and only got 234! then waited heavens how long to off load it .
I wonder if this will happen to this share. Don't get to depressed over this one .
 
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