Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

Optically, this looks very promising, they have tripled the number of anomolies identified since the 70s/80s work in the area.

Not sure of the chart readings, the scale is from 0 - 10 ppm U...I am guessing this is so weak due to the fact that the readings were taken from the air?

Anyway, should be a good day for EVE holders.
 
Re: EVE - Energy Ventures

Hi radiometric ppm is different. It has to explore from the ground. Considering they have proven drill results this thing is a massive goer.
 
Re: EVE - Energy Ventures

Was a great day for EVE today up 11.3%, reached a high of 31 cents but closed at 29.5. There was no more information released today, only what was released yesterday in regards to the completion of seed placement in African energy and capital restructure for IPO.
 
Re: EVE - Energy Ventures

Another 10% today, and EVE is looking even better for a rise tommorrow.
 

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Re: EVE - Energy Ventures

Halba said:
whats goin on? why the jump on no news

The sp is going up because people want a priority offer in the IPO of African Energy Resources, which is coming up at the end of this quarter.

And AER's assets are way better than some of the U listings around in Australia.
 
Re: EVE - Energy Ventures

Just read the ann, not sure what to make of it... can someone enlighten me? thx... B.
 
Re: EVE - Energy Ventures

You need to have 20,000 EVE shares to get priority in the listing, even then its only 5,000 shares guaranteed ($2,000)

The record date is next Friday, which I think only leaves you a couple of days to get onto the register. I need another 1380 shares to make the 20,000 limit so I think I'll be buying some today to make sure I am eligible.
 
Re: EVE - Energy Ventures

I've bought and unfortunately sold a few months back... been watching the recent jumps in SP and have been cautious of a re-entry... Doh!
 
Re: EVE - Energy Ventures

It has risen pretty well of late, I have been tempted to sell half of my holdings a couple of times but have held it on the premise of following the trend, it's trending up so why sell something that is going in the right direction, unlike a few other dogs in my portfolio.
 
Re: EVE - Energy Ventures

deftfear said:
You need to have 20,000 EVE shares to get priority in the listing, even then its only 5,000 shares guaranteed ($2,000)

The record date is next Friday, which I think only leaves you a couple of days to get onto the register. I need another 1380 shares to make the 20,000 limit so I think I'll be buying some today to make sure I am eligible.

Yeh but i think if you send in your cheque on the 1st day one for priority and one for public you'll get at least 2*5,000 shares, coz every1 in the public will get scaled back its almost a certainty.
 
Re: EVE - Energy Ventures

Risk reward looks poor.

Have to buy $7000 worth of eve to get a $2000 allocation even that is not certain. In this market why bother.

Max it can do is double so $2000 profit, and EVE might go down as well. Max return risk adjusted is only 20%, nothing guaranteed.

Just buy african energy at a premium when it floats at 100% premium - but there could be better value u stocks out there as African energy has nearly 150m shares on issue!
 
Re: EVE - Energy Ventures

"All Energy Ventures shareholders who hold at least 20,000 shares have the opportunity to participate in the priority offer and will be guaranteed a minimum allocation of 5,000 shares upon application."

Halba, FYKI, they are guaranteed and 5000 shares is a minimum
 
Re: EVE - Energy Ventures

Next sentence "board will retain the right to allot shares at its sole discretion in the event that the offer is oversubscribed".

But still paying $7500 to get a $2000 allocation is absurd, considering the african energy placement was 3 months ago @ 25c per share (now at 40c).
 
Re: EVE - Energy Ventures

Halba said:
but there could be better value u stocks out there as African energy has nearly 150m shares on issue!

Exactly.
VERY pricey. Almost $60million.
Of course that doesnt mean it cant go higher ;)
 
Re: EVE - Energy Ventures

Agreed nizar it could go higher. But 150mil shares and you have to sacrifice 7000k + 2000k for about a 2000 possible double. Thats only 20% return on capital deployed.
 
Re: EVE - Energy Ventures

Halba said:
Agreed nizar it could go higher. But 150mil shares and you have to sacrifice 7000k + 2000k for about a 2000 possible double. Thats only 20% return on capital deployed.

True.
But dont 4get that EVE will retain 71% of AER after the float, so dont think that if AER doubles, EVE will be standing still.
 
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