Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

Any one still in this one? What do they feel of the large move to 40 cents last week. Seems over priced?
Kind regards
Ang
 
Re: EVE - Energy Ventures

Considering the prospect of tenements they have
Also they own 77% of AFRICAN LION which is 3.5 times oversubscribed @ 40c.
I don't think it is overpriced......
again it is my personal opinion.

I think market is re-rating EVE........

However the downside is the tenements does not have anything significant for production........
 
Re: EVE - Energy Ventures

EVE actually own about 70% African Energy Resources (AFR) which is listing this week. African Lion was one of the seed investors. The movement is becasue the AFR IPO was hard to get an allocation and people see EVE as an easier way into the action.
 
Re: EVE - Energy Ventures

Thanks guys, looks good at a break of 40 cents then?
Kind Regards
ang
 
Re: EVE - Energy Ventures

Very interested to know at what price AER will list... at this stage it has to list at a price not less than 56c to justify the current run-up of the EVE SP.

Bring on Wednesday......
 
Re: EVE - Energy Ventures

Very interested to know at what price AER will list... at this stage it has to list at a price not less than 56c to justify the current run-up of the EVE SP.

Bring on Wednesday......

Be wary that if AER doesnt float at a price at what EVE holders expect than EVE will get dumped, just like what happened to SAU/SUL, SAU ran up but then when SUL floated at 41c (>100% premium) SAU got dumped severely (65c to the low 40s). Coz punters were expecting 80c+ like NUP.

Also note that AER market cap is $63million at the offer price (40c) a bit pricey i think.
 
EVE

Energy Ventures. One for all of you to watch out for, this has broken the 40 cent resistance level yesterday. It opened this morning at 47.5 cents, only to go back to 42 cents last time I checked. The reason for this is that it was supposed to have listed its Uranium explorer today; however this won't list until Friday this week. under code AFR, the IPO had an issue price of 40 cents and was 3.5 times over subscribed. This should see a healthy open for AFR and should have the flow on affect to EVE. I have a buy order in at 41 cents and a target of 55 cents, which is the darvas formation.
Kind reg
Ang
:2twocents
 
Re: EVE - Energy Ventures

LOL if your target is 55c then why dont u just life your order by 1c and pay on market instead of taking the risk..:2twocents
 
Re: EVE - Energy Ventures

Please find graph attached to explain. Protrader is the program used to pick this type of box and it is derivered from the Nicolos Darvas theory. A man who made Millions in the early 1900's, by the use of this theory. You need to read the book to fully understand how it works, however basicly once you have a top, which in this case happened on the 26th of Feb, followed by increased volume within a price band, a box is drawn. The difference between the top of the box and the bottom of the box is the profit target. In this case 40 cents ant 25 cents = 55 cents.
Kind reg
Ang
 

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Re: EVE - Energy Ventures

once you have a top, which in this case happened on the 26th of Feb, followed by increased volume within a price band, a box is drawn. The difference between the top of the box and the bottom of the box is the profit target. In this case 40 cents ant 25 cents = 55 cents.
Kind reg
Ang
Thanks Ang, This is possibly similar to simple TA price projection from a pole and pennant. Maybe darvas is where it came from? Cheers.
 
Re: EVE - Energy Ventures

LOL if your target is 55c then why dont u just life your order by 1c and pay on market instead of taking the risk..:2twocents

Got in at 42 cents, So now sit and wait for AFR to list on Friday and hope the interest is as much as it was when the IPO was 3.5 times over subscribed.
kind regs
ang:)
 
Re: EVE - Energy Ventures

currently at 44 cents, do u guys think it's worth buying in now?
Shares, please don't ask for recommendations to buy now or at any time. No one can provide you with a recommendation here as we are not lisenced to.

Perhaps a better question might be 'is this undervalued?'

Or, better still, you might like to do some basic analysis yourself and post it up. :)

Cheers,
kennas
 
Re: EVE - Energy Ventures

currently at 44 cents, do u guys think it's worth buying in now?

Just to let you know that the listing of the new Uranium entity willl now accur on Tuesday next week. S that is why the price is starting to go up. If that price list higher than the IPO price of 40 cents, which you would expect it would open higher than the IPO due to being over 3.5 times over subscribed.
I agree we can't reccommend to buy or not to buy, we can only provide you information to help you make that decision, however the information we provide, is already out there and the research can be done by yourself.
reg
ang
 
Re: EVE - Energy Ventures

Just to let you know that the listing of the new Uranium entity willl now accur on Tuesday next week. S that is why the price is starting to go up. If that price list higher than the IPO price of 40 cents, which you would expect it would open higher than the IPO due to being over 3.5 times over subscribed.
I agree we can't reccommend to buy or not to buy, we can only provide you information to help you make that decision, however the information we provide, is already out there and the research can be done by yourself.
reg
ang

Note that when SNU floated, SAU (parent) actually went down and started a fair plummet from 65c to the low 40s.

So that could also happen to EVE when AFR floats, perhaps.
 
Re: EVE - Energy Ventures

Depends on the structure and the circumstance. I feel due to being 3.5 times over subscribed the new entity will open very high and therefore investors will go for the next big thing and that is EVE, who will have financial gains if the new entity performs.
Kind reg
Ang
 
Re: EVE - Energy Ventures

Depends on the structure and the circumstance. I feel due to being 3.5 times over subscribed the new entity will open very high and therefore investors will go for the next big thing and that is EVE, who will have financial gains if the new entity performs.
Kind reg
Ang

EVE is already a 4-bagger from when i first started buying so its already become a fairly big thing.

SNU was also oversubscribed (more than 3.5 times)

AEE if you recall has performed since then but it floated around mid last year at about the offer price besides being massively oversubscribed.

Mind you, i do think AFR will do well (i have subscribed to some) just trying to make people see both sides of the argument before making a decision.

Regards,
Niz
 
Re: EVE - Energy Ventures

EVE is already a 4-bagger from when i first started buying so its already become a fairly big thing.

SNU was also oversubscribed (more than 3.5 times)

AEE if you recall has performed since then but it floated around mid last year at about the offer price besides being massively oversubscribed.

Mind you, i do think AFR will do well (i have subscribed to some) just trying to make people see both sides of the argument before making a decision.

Regards,
Niz

All good points to take into consideration, keep the counter arguements coming. Its good to have some balance instead of all positive posts. I too have held this company since 9.5 cents and have been very happy with its performance (who wouldn't be :D ).
 
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