OXR - Oxiana Limited

[rederob]

I'm in! (again) Timing is everything. :

So it is!

 

[Ken]

so u think oxr is over priced

 

[chops_a_must]

so u think oxr is over priced

Nope. It just has bad price action at a time where there is negative pressure on base metals. So the effects will probably be harshly felt on this stock. I have no doubt about it as a long term stock though.

 

[Ken]

with there latest staking in AGC, i think it will benefit greatly.

 

[chops_a_must]

with there latest staking in AGC, i think it will benefit greatly.

Yeah, once the market realises they are more of a gold than a copper play, it should turn. But recently, really good announcements have had no effect, so I decided to get out. It's a pity really, because it is a great stock.

 

[porkpie324]

OXR is at an interesting point the bottom of this years trading range, which way it goes next week is worth watching if it goes up it will be worth a long CFD position down and 2.50 is the next res, the trading vol has picked up recently, but at the mo I'm out of OXR .porkpie

 

[rederob]

Yeah, once the market realises they are more of a gold than a copper play, it should turn. But recently, really good announcements have had no effect, so I decided to get out. It's a pity really, because it is a great stock.

chops
OXR in 2007 will be lucky to make a profit from gold unless the POG increases dramatically. You can find out why if you read their recent report.
It is a good stock, but not for anyone buying into it in the near term.

 

[haemitite]

chops
OXR in 2007 will be lucky to make a profit from gold unless the POG increases dramatically. You can find out why if you read their recent report.
It is a good stock, but not for anyone buying into it in the near term.

... which is what I predicted well before their recent reporting

your $6 prediction is looking a little ambitious now rederob. Much the same as your PH comments

I sold covered calls on my holding back in Dec, no cause to regret that yet

 

[Ken]

is OXR still a takeover target at this point in time?

how much of the current share price carries takeover speculation?

 

[Kruegs]

Hi there,

Oxiana seems to be taking a real hammering again today. I have reduced my exposure to the share, as it appears to possibly be heading for the lower resistance point of around $2.50.
A few weeks ago, I also bought some June Call options ($3.00). I will hang onto these at this stage, on the premise (hope) that the stock should bounce back at some stage soon. Any thoughts on what the outlook for Oxiana is looking like over the next 6 months? Would you consider the current price weakness to be a result of the market's reaction to the recent acquisition?
It is frustrating as the Gold price appears to be gaining upwards traction again, yet it is definitely not taking Oxiana with it at this stage.

Regards,
Mark Krueger

 

[Uncle Festivus]

Hang in there kruegs, I got on some today at $2.69. The perennial takeover target and now looks like a solid gold producer with the addition/merger?

 

[reece55]

Well, the Ox has headed to the place I thought it would head to - the 2.60 - 2.70 mark. Is there value at these levels - I personally think so, but the broader feeling towards the miners at the moment is fairly negative. Volume spike today, we haven't seen this much volume since June when the stock just about crapped itself. Last time we had choppy action back straight back up - we are at a crucial level here, it could bounce back or head down rapidly. Personally, I favour another move north!

Cheers

 

[Uncle Festivus]

Depends what influences OXR the most now, ie is it a copper miner with a bit of gold or a gold miner with some copper?

 

[Ken]

what does this mean??
EXercise Put @ $3.50



Last 10 Trades Help

The last 10 trades* of the security you selected are detailed below.

ASX Code: (Search for ASX Code)


All Ordinaries ASX Time Market Status Legend
5,805.1 9.3 07:54 am, 06 February 2007 Pre-Open Rise Fall

Oxiana Limited (OXR)
Date Time Price ($) Quantity Value ($) Conditions
06-02-2007 07:05 AM $3.750 23000 $86,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 80000 $260,000.000 Exercise Putl
06-02-2007 07:05 AM $3.250 25000 $81,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 1000 $3,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 19000 $61,750.000 Exercise Putl
06-02-2007 07:05 AM $3.250 1000 $3,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 8000 $26,000.000 Exercise Putl
06-02-2007 07:05 AM $3.250 1000 $3,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 36000 $117,000.000 Exercise Putl
06-02-2007 07:05 AM $3.250 3000 $9,750.000 Exercise Putl

 

[Halba]

stocks a bit of a doggy? better in the bank IMHO!


mkt cap about 4 billion for mainly copper, and a bit of gold. not much zinc.

 

[legs]

what does this mean??
EXercise Put @ $3.50



Last 10 Trades Help

The last 10 trades* of the security you selected are detailed below.

ASX Code: (Search for ASX Code)


All Ordinaries ASX Time Market Status Legend
5,805.1 9.3 07:54 am, 06 February 2007 Pre-Open Rise Fall

Oxiana Limited (OXR)
Date Time Price ($) Quantity Value ($) Conditions
06-02-2007 07:05 AM $3.750 23000 $86,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 80000 $260,000.000 Exercise Putl
06-02-2007 07:05 AM $3.250 25000 $81,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 1000 $3,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 19000 $61,750.000 Exercise Putl
06-02-2007 07:05 AM $3.250 1000 $3,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 8000 $26,000.000 Exercise Putl
06-02-2007 07:05 AM $3.250 1000 $3,250.000 Exercise Putl
06-02-2007 07:05 AM $3.250 36000 $117,000.000 Exercise Putl
06-02-2007 07:05 AM $3.250 3000 $9,750.000 Exercise Putl

Wouldnt that be a "put" option?? where you bet the price will fall and you get the difference from the "put" price and the current price?? Looks like they made a killing and they think its at the lower end of the fall. Or their option expired today?

 

[angela200172]

Oxiana seems to be taking a real hammering again today. 2.65 :fan

 

[Scratch]

Well, the Ox has headed to the place I thought it would head to - the 2.60 - 2.70 mark. Is there value at these levels - I personally think so, but the broader feeling towards the miners at the moment is fairly negative. Volume spike today, we haven't seen this much volume since June when the stock just about crapped itself. Last time we had choppy action back straight back up - we are at a crucial level here, it could bounce back or head down rapidly. Personally, I favour another move north!

Cheers

Reece55, m8, I just hope you are right - haven't seen this many falls since the Grand National!! AND they get bigger.

Scratch

 

[reece55]

OXR is moving nicely today...... High volume, nice little price kick. In fact, it is the first time in a long time where market depth has shown more buyers than sellers. Macquarie have placed a $3.20 price target today on the back of upgraded copper forecasts and whilst I don't buy on analyst targets, it's certainly nice to have some positive coverage about the place. Personally, I think the results due on 22 Feb will show the market what these guys have really done and its nothing short of incredible, even with the present commodity prices. I am looking for a break of about the $3.00 level to set this one on its way.

Disclosure: Long position in OXR

Cheers

 

[Knobby22]

Disclosure: Long position in OXR

Cheers

Duh!

Agree with you though. This company is doing great things.