Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

YOUNG_TRADER said:
Yeah but I'm very surprised that alot of those large 20c + orders stayed there!

Perhaps they were out PRE celebrating EVE, at Long Lunch.

EDIT: Hope no newbees buying in as it's falls....not knowing where the bottom IS.
 
Re: EVE - Energy Ventures

The raising at 13.5 isn't a problem, we were only at 13.5 a week ago.

I guess it depends what they do with the cash, it sounds like they have something already lined up.

I will continue to hold as have for nearly 5 months already and this is only just starting to get interesting.
 
Re: EVE - Energy Ventures

Bullion said:
I'm out too... thought it was going to fall a bit more, but has come back to 17.5c. Oh well...

Not just YET Bullion...BUT wait there's prob more...

EDIT: What the market preceives as BAD news...from being UP 20% to DOWN -8.5%, a shift of 28%...
 
Re: EVE - Energy Ventures

YT.

So what made you say close of .15c. given EVE ann @ 13.5c....

Also do you think Investors, that may see Ann overnight will selloff in the morning....???

Weak close and no change in trend... says it all hey ????

EDIT: OK, so looking at chart back to feb/march provides reasonable support at .15c, but so does .135c
 
Re: EVE - Energy Ventures

SevenFX said:
YT.

So what made you say close of .15c. given EVE ann @ 13.5c....

Also do you think Investors, that may see Ann overnight will selloff in the morning....???

I can see the future!!!!! :cautious:

Seriously though, given placement was done at 13.5c it was unlikely that the peeps involved would let it drop that low. hence I picked 15c target

I reckon that this will drift lower as buying interest subsides and sellers take control,

What will be interesting to see is

1. How much of AER they end up selling in new float, most likely another 30% = 49% of AER sold in total (I don't like that)

2. How long they take to list AER

3. How long 13.5c holds as support and 20c as resisitance
 
Re: EVE - Energy Ventures

YOUNG_TRADER said:
I can see the future!!!!! :cautious:

Seriously though, given placement was done at 13.5c it was unlikely that the peeps involved would let it drop that low. hence I picked 15c target

I reckon that this will drift lower as buying interest subsides and sellers take control,

What will be interesting to see is

1. How much of AER they end up selling in new float, most likely another 30% = 49% of AER sold in total (I don't like that)

2. How long they take to list AER

3. How long 13.5c holds as support and 20c as resisitance

YT.
The 2nd announcement (placement) has NOTHING to do with AER. Read it again. Its to do with EVE.

A mate of mine had the same confusion.
 
Re: EVE - Energy Ventures

I know Niz,

read my post again

I reckon that this (EVE) will drift lower as buying interest subsides and sellers take control,

What will be interesting to see is

1. How much of AER they (EVE) end up selling in new float, most likely another 30% = 49% of AER sold in total (I don't like that) (ie EVE will have to offer some more of AER to new investors in the IPO)

2. How long they take to list AER (ie the long awaited IPO)

3. How long 13.5c holds as support and 20c as resisitance (For EVE)

Hope this clears it up,

p.s. what did you think of my stumbling upon GGP?
 
Re: EVE - Energy Ventures

YOUNG_TRADER said:
1. How much of AER they (EVE) end up selling in new float, most likely another 30% = 49% of AER sold in total (I don't like that) (ie EVE will have to offer some more of AER to new investors in the IPO)

79% !!!!!!

Who said they will float anymore of AER??
Why do you think this?

The 2nd announcement was about EVE. NOT AER.

What IPO??

They will divest 21% of EVE to investors for 2.635million GBP. Thats it.

That 21% will come in the form of EITHER an IPO on ASX or a listing on AIM.

Now u have me confused..

LOLOLOLOLOLOL hahahaha very funny that story about GGP, thats GOLD :D
 
Re: EVE - Energy Ventures

They still intend to do the IPO for African energy Resources early next year.

As a comparison Nizar it will probably be similar to how OMC listed MRU.

EVE will likely hold around 50 - 60% of AERL after IPO.

It will be interesting to see how it all unfolds. Stripe capital has had previous associations with Exco resources which is the connection to EVE.

"The Company announced on 3 October 2006 it was pursuing a potential AIM listing of African Energy. After successfully completing this placement, it is now the intention of the Board’s of both Energy Ventures & African Energy to pursue an ASX or AIM listing in early 2007 following the strong interest received from uranium focused investment funds to participate in the placement in African Energy and a future IPO."
 
Re: EVE - Energy Ventures

Maybe ill pick up a few in a couple of weeks time for under 10c just like the old days!

I'd disagree. The recent ann has effectively put a floor price on this stock imo. I don't think i'd get lower than 13.5c. There was strong support before the ann at this price and after the ann, i think it has only confirmed this being the long term support level.

I think it will more likely to trade between the range of 13.5c and 20c. And as YT said before, i don't think investors will allow it to go that low and 15c is where most of the action will be for now.
 
Re: EVE - Energy Ventures

hmmm very disapointing guys. I got out a couple of weeks ago and saw that EVE was in a trading halt, was absoloutely spewing thought I just missed something good. looks like not. A wall has been put over EVE now and these prices will most likely drop down to or less than 13.5c

And the AIM listing? what the hell is going on here (just been catching up with all the new)
 
Re: EVE - Energy Ventures

hitmanlam said:
I'd disagree. The recent ann has effectively put a floor price on this stock imo. I don't think i'd get lower than 13.5c. There was strong support before the ann at this price and after the ann, i think it has only confirmed this being the long term support level.

I think it will more likely to trade between the range of 13.5c and 20c. And as YT said before, i don't think investors will allow it to go that low and 15c is where most of the action will be for now.
I agree here. I think there will be another good buying op close to $0.14 again. This still has good potential and management will hopefully learn from their crappy communication with the market this time.
 
Re: EVE - Energy Ventures

kennas said:
I agree here. I think there will be another good buying op close to $0.14 again. This still has good potential and management will hopefully learn from their crappy communication with the market this time.

Yeh but no news until next year might see it suffer.
 
Re: EVE - Energy Ventures

yogi-in-oz said:
:)
Hi folks,
EVE ..... right on time, as per post above, on 22112006:
28112006 ..... positive light on EVE
Market depth looking healthy ahead of the news
and it backs up our analysis for positive news, ahead.

happy days
yogi

P.S. ..... holding EVE.

:)

Mmh, maybe not?
 
Re: EVE - Energy Ventures

I can't really understand all the doom and gloom.
We now have 10 million in cash. 6.4 million for AER exploration and 3.77 million for further acquisitions by EVE.

We were only at 10 cents a month ago. Dilution has been kept to a minimum and they still hold 79% of AER. They are setting up a situation to be free carried in AER through an IPO of AERL next year.

The prospects haven't changed and the next 12 months looks very good.
EVE is still one of the most undervalued stocks for exposure to uranium with substantial upside.

Donal Windrim, Alisdaire Cooke and Craig Burton were the ones that sold AERL to EVE. They did so for a large holding and controlling stake in the company and have a lot riding on EVE.

Since then they have setup the JV with Albidon bringing in further tenements,
brought in Ian Duncan and Michael Curnow and come up with an early stage JORC resource.

My opinion is patience will be rewarded with EVE.

:2twocents
 
Re: EVE - Energy Ventures

Hmmm.....at a glance,

EVE sure seems to have the buyers diving back in quickly, thought they might all dry up b4 market opens.... but not what I expected...???

Perhpas we won't see it hit 13-14c 2day or any other day for that matter...???

SevenFX
 
Re: EVE - Energy Ventures

Agree that 70% is nothing to scoff at.

But for those that have a longer term view than 1 month its only just the start.
 
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