Australian (ASX) Stock Market Forum

VIL - Verus Investments

Pretty impressive volumes.....some of these buyers are not kidding around thats for sure.....

Hopefully the real volume will sneak in after lunch like yesterday....when the big players get back in town....so to speak...
 
Top stock by volume in the morning, with just over 195 million shares trading hands. With 630 million shares on issue, 30% of the issued shares changed hands in the morning.
 
Christ, that makes 9c already. So glad I made it in early and have held onto my shares :p

Wonder if we'll see the magical 10c today?
 
9.5c ....bloody beautiful....clearly the indication of oil flowing to the surface has raised a lot of eyebrows and perhaps a re-rating by many of the entire tenement.....

Theres lots of speculators, traters in and churning, but theres also some massive buyers from time to time....

No harm in taking a small part profit as insurance, but man imagine if a commercial viability announcment comes.....25c is looking easy peasy from here.....
 
Can some please explain a little about VILO .025 price vs VIL at .085.

I don't know much about options at all, just interested to know for the future.

Say a bought $1000 worth at .025 what would the potential price rewards vs pitfalls be of VILO.

I know there is a date of july 1 being discussed and an exit price of .10.

Can anyone explain this simply.

Cheers.
 
Im kicking myself about Vilo, I sold $1500 in shares at .010 to help someone out with some money (sold my cheapest stock holding) to wake up this morning to see it peak at .030 a share. :(
 
VILs dropping now... .077 why? any ideas as to what's happened?

The upwards trend looked quite positive with larger buy-ins and then it just petered out. Am I missing something..
 
VILs dropping now... .077 why? any ideas as to what's happened?

The upwards trend looked quite positive with larger buy-ins and then it just petered out. Am I missing something..

Whats to miss, no announcements. Its just typical behaviour of this share as the bigger traders push it around to get what they need done for the day. It's done it since December so no reason for things to change now lol, the only thing that has helped the SP is the derisking of the share is forcing buyers to make the price rather than push it down on open. Just my opinions mind you and I could be wrong, would be nice to see a trading halt on open tomorrow and see a few fingers get burnt though.
 
VILs dropping now... .077 why? any ideas as to what's happened?

The upwards trend looked quite positive with larger buy-ins and then it just petered out. Am I missing something..

Plenty of profit takers i'd imagine. It had a huge run and sooner or later it will turn. ..at least till more news comes out, imo too many ppl are already long for the news. 500 Mil shares traded out of a total issue of 630mil, looks a bit too much like stopping volume.
 
I cant find any news or info on their a jointing company VILO.

can anyone tell me about them? and how if anything they have an effect on each other.
 
I cant find any news or info on their a jointing company VILO.

can anyone tell me about them? and how if anything they have an effect on each other.

VILO is the ASX stock code for options over VIL shares. Have a look through this thread and you'll find a few posts about them. Personally, as I don't understand the way in which options work on the ASX, I don't trade options on any company's shares.
 
I cant find any news or info on their a jointing company VILO.

If your new to the market it would be a good idea to wait until you understand how the basics work before looking at the options trade. You could potentially lose everything, high risk. Also, your broker will most likely require forms to be signed and mailed to them before allowing you to trade options.

Am I the only one thinking there was some market manipulation today? There looked to be large sells at market price, quickly weakening the SP and triggering stops. Would be a good way to accumulate a larger holding at a lower price by playing the cascading effect of stops to your advantage. Looks like it worked.
 
Profit takers and traders exiting.... lots dont like sleeping on a stock....

Well done to all long term holders......as i said in early January this is a classic risk reward trade off..... those of you who took the risk are now being duly rewarded...... but we aint over the line yet so cover your **** any wayt you feel you need to......

Sleep tight all.....hopefully we wake up to a rip snorter of an announcment and end all the speculation.....

They definitely win slowest commercial announcment ever now....but id rather that then a blowout or accident....

Miner et al any of you miners care to speculate why they stopped so long...
 
Profit takers and traders exiting.... lots dont like sleeping on a stock....

Well done to all long term holders......as i said in early January this is a classic risk reward trade off..... those of you who took the risk are now being duly rewarded...... but we aint over the line yet so cover your **** any wayt you feel you need to......

Sleep tight all.....hopefully we wake up to a rip snorter of an announcment and end all the speculation.....

They definitely win slowest commercial announcment ever now....but id rather that then a blowout or accident....

Miner et al any of you miners care to speculate why they stopped so long...

I'm far from an expert Condog but getting a consistent flow rate may take a bit of time, the initial pressure will be high but should drop over time to a steadier flow, different chokes may need to be tried to get the best pressure and flow rate mix for a daily average production level, worst case scenario it might not be commercial but lets not open that can of worms. They will release it when they are ready so don't worry, same story, traders push it around while we wait, we all speculate on whats going on, end of the day patience is all that is required, good or bad we will know soon enough. :)
 
Is Vilo the big brother of VIL tho?

I have been searching but with out any luck,Sorry for the noob q's

No VIL are the heads, VILO are the options. Same company. The options have a strike price of .10c by the end of June, hence if the heads don't hit .10c by then you may lose the lot as they expire or become worth nothing closer to expire date. I am not an expert, Skyquake or someone better educated would be able to answer this with more definition.
 
Yeh the oppies give you the right to pay the company 10c to purchase fully paid ordinary shares.
Right now the oppies are around 2c because people think there is a potential for VIL to be over and above 12c by June expiry. (pay 2c for the option and 10c exercising the oppies for your share)
However by June if VIL is not above 10c the options will be worthless.
 
On Sky Business tonight, the experts declared that " judging by that chart, if you aren't onboard yet, you're too late"... haven't we all known that for a while ?? :p:
Good luck to all holders over the coming days!
 

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