Australian (ASX) Stock Market Forum

TMR - Tamaya Resources

Today's announcement was brilliant.

I still remember the compelling case presented by Shaw Brokers when it was at 23.5 cents. BUY! they say, conservative 42c DCF valuation their justification based on Lichvaz.

I believed Shaw and Tamaya Management (talented bunch) then, and I still do.

Great news for all Shareholders alike,

Denny Crane
 
Maybe they need to buy some Uranium rock and dump it on their exploration site and say "what's this" because something needs to be done to excite the sp north I've given up trying to work out the sp :banghead:

cheers laurie
 
The price is just ridiculous.... the announcement was fantastic, by March next year the companies revenue from all operations will be more than its current market cap! Just doesnt make sense.
 
Yeah the current price just doesnt make sense. Like prawn, I am loading up on these babies when I free up some money.
 
This is on my watch list and its been sliding, this morning a parcel of $5 million went through not on market at 12.5 cents when it was trading 13.5/14 :eek:

Whats going on ?, theres know huge voulme on it, nearly 50 million traded today :confused:

Any ideas
 
I just rang the company. They said they are aware of the large volume thats gone through today (10x average) but as yet are not aware of of who the big transaction was (was a single x-trade at 40 million shares I believe). They expect to see a change is substantial holding but don't know anything yet. He speculated that a large holder has probably just decided they don't want to hold a junoir miner in the present market - but was entirely speculating. He did reasure that the company is very comfortable with how things are progressing however as per their last announcement, and that there is no undisclosed bad news.
 
well done!
If investment institutes decided to sell stock, then no matter how good news the company produced. the SP just keep dropping.
The bad atmosphere as it is now, we need more time for this potential stock.
hold and wait patiently. :mad:
 
Hope TMR doesn`t get the scours.:eek:This sort of transaction with the company progressing satisfactorily is unusual.

Just have to grin and bear the moment i suppose. (whistles tune) ;)
 

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For those of us holding this stock....are you thinking of accumulating more shares while we have seen a strong sell off in an otherwise potential promising stock?

I have done some preliminary numbers and still remain very comfortable with holding this stock (all be it for a higher price to what we are seeing traded today). With the potential upside of further positive news (further to the announcement made on Feb 14), is now a time we look to accumulate?
 
Another massive trade, almost 31 million shares... this is twice in 2 days of large trades, what is going on!

10:09:37 AM 0.145 30,970,551
10:08:53 AM 0.145 200,000
10:08:53 AM 0.145 73,089
10:08:53 AM 0.145 49,990

edit - ok this is getting rediculous now!, we are now well into the highest daily volume for over a year.

10:16:56 AM 0.145 1,000,000
10:15:44 AM 0.145 2,000,000
10:15:31 AM 0.145 -2,000
10:15:24 AM 0.145 2,000
10:15:13 AM 0.145 29,000,000
10:13:11 AM 0.145 200,000
 
Another massive trade, almost 31 million shares... this is twice in 2 days of large trades, what is going on!

10:09:37 AM 0.145 30,970,551
10:08:53 AM 0.145 200,000
10:08:53 AM 0.145 73,089
10:08:53 AM 0.145 49,990

edit - ok this is getting rediculous now!, we are now well into the highest daily volume for over a year.

10:16:56 AM 0.145 1,000,000
10:15:44 AM 0.145 2,000,000
10:15:31 AM 0.145 -2,000
10:15:24 AM 0.145 2,000
10:15:13 AM 0.145 29,000,000
10:13:11 AM 0.145 200,000

Maybe someone just change hand of ownership in shares ...
But I agree it's a massive amount of volume....people like us with a few hundred K, not a few hundred Mill just have to go with the flow :D
 
Some institutions have sold out.

On the 27/10/07 Ceasing to be a substantial shareholder Notice, Latitude Resources sold down their holding from 85m to 30,970,551. I notice today that one of the crossings in the course of sales is for this amount - so Latitude are out.

The other crossings are probably Macquarie and maybe one other insto.

More importently, who has been the buyer of all these shares. My bet is on some US institutional players. Hugh Callaghan has been in the states talking up the story prior to its listing on the TSX. Probably good news for the listing and a sign that it is immenent.

Hope this helps.
 
i don't understand the course of sales page.

what does
Time Price Volume Value
10:15:13 AM 0.145 29,000,000 4,205,000.00 means?

does it mean that someone bought a total value of 4,205,000.00 shares
or
some1 sold a total value of 4,205,000.00 ?
 
i don't understand the course of sales page.

what does
Time Price Volume Value
10:15:13 AM 0.145 29,000,000 4,205,000.00 means?

does it mean that someone bought a total value of 4,205,000.00 shares
or
some1 sold a total value of 4,205,000.00 ?

Someone sold that value to someone that bought that value of shares.
So both assumptions are right. Are you trading full time?
 
In answer to your question:

29,000,000 shares traded @.145 = Value of $4.205m

At 10:09:37 for example 30,970,551 shares traded @ .145 with a value of $4,490,730
 
opps what i meant was

is this value of $4,205,000.00 made up of

a) 1 buyer buying a total value of $4,205,000.00 from multiple sellers?
b) 1 buyer selling a total value of $4,205,000.00 from multiple buyers?
c) we wouldn't know
d) $4,205,000.00 is made up of multiple buyers and sellers?
 
In this case:

1 Seller - Latitude Resources
1 Buyer - It would be nice to know who!

The buyer maybe buying for a raft of funds or whatever. It's unlikely we would find this info out until a substantial notice was lodged.(if they went over 5%)
 
1 Seller - Latitude Resources
1 Buyer - It would be nice to know who!

Are you sure?

I thought the code SPXT meant that you are trading it to yourself? If it was to someone else through the same broker wouldn't it just be a cross trade ie. XT?

Very unusual trading over the last 2 days....
 
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