Australian (ASX) Stock Market Forum

HLX - Helix Resources

Anyone else notice the order for 1.75M options at 3.5c?

Given that they expire in three weeks, someone's very keen!
 
Probably a really stupid ques...just reading the exploration newsletter, says drilling to commence on Glenburgh and Yalleen in the second quarter 2007...is this the 2nd quater of the calender year? ie March to June?
cheers, matt
 
No trades thus far this morning!!
buyers lining up, but few sellers - thats somewhat reassuring considering the general market today.
 
When someone sells to the 17 cent level you see more buyers lining up. When the price rises to 18 or 19 cent levels you see someone selling. Am i going crazy but does this seem like this stock is getting capped??? :confused: For a stock that has barely any volume in the last couple of weeks this stock sure has a bit of support. :)
 
Beethoven said:
When someone sells to the 17 cent level you see more buyers lining up. When the price rises to 18 or 19 cent levels you see someone selling. Am i going crazy but does this seem like this stock is getting capped??? :confused: For a stock that has barely any volume in the last couple of weeks this stock sure has a bit of support. :)

Wow someone is really confident about this stock. The order of 2 million is almost filled at 3.5 cents. Thats 70k!!!!!!!!!! worth of oppies. :eek: and if he converts them all thats $280 grand. Anyone have any thoughts about this??
 
Beethoven said:
When someone sells to the 17 cent level you see more buyers lining up. When the price rises to 18 or 19 cent levels you see someone selling. Am i going crazy but does this seem like this stock is getting capped??? :confused: For a stock that has barely any volume in the last couple of weeks this stock sure has a bit of support. :)
Not too bad if you're willing to make a day trade... been hovering in the 17-19c range for a while as you say- an easy few bucks IMO.
 
Stimpy said:
Anyone else notice the order for 1.75M options at 3.5c?

Given that they expire in three weeks, someone's very keen!

Interesting - another order for 1M @ 3c :eek: - whoever is pickin' up these oppies is getting the shares @ 17-17.5c without trying to chase the market up - interesting :cool:
 
Seems to have stabilised after dropping back from the big rally from 17 to 25 cents. Probably cleaned out the day traders now, which seems clear by the big drop off in volume.

Is probably going to be effected short term by general market sentiment, but still has projects with great potential.

Established a bit of support between 16 and 18 cents. Breaking 20 will be pretty positive and might see renewed upward momentum.
 

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stoxclimber said:
have option holders received their letters yet?

Not sure - but, there is an announcement from HLX a couple of weeks back ?? from which you can print off the option exercise form - its in PDF format - you can then either post or give it to this guy who will deliver it for you > :luigi:
 
kennas said:
Established a bit of support between 16 and 18 cents. Breaking 20 will be pretty positive and might see renewed upward momentum.
Just breaking 20. If it finishes off well, spells good karma IMO. (not holding)
 
kennas said:
Seems to have stabilised after dropping back from the big rally from 17 to 25 cents. Probably cleaned out the day traders now, which seems clear by the big drop off in volume.

Is probably going to be effected short term by general market sentiment, but still has projects with great potential.

Established a bit of support between 16 and 18 cents. Breaking 20 will be pretty positive and might see renewed upward momentum.


Well, it just hit 21c, albeit on pretty light volume Kennas ;)
 
Some good buying support from 18.5 to 20c but we know that this can change in the blink of an eye with this one. Would love to see it consolidate above .20c b4 its next run.
 
kennas said:
Seems to have stabilised after dropping back from the big rally from 17 to 25 cents. Probably cleaned out the day traders now, which seems clear by the big drop off in volume.

Is probably going to be effected short term by general market sentiment, but still has projects with great potential.

Established a bit of support between 16 and 18 cents. Breaking 20 will be pretty positive and might see renewed upward momentum.

Kennas do you have a crystal ball hidden away somewhere?

lol
 
Im thinking this might run for a bit now that its gotten over that 19c mark. Hopefully it will get to around the 23c mark.

Combined with some good ann and away we go maybe?:)
 
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