Australian (ASX) Stock Market Forum

VUL - Vulcan Energy Resources

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Joe Blow said:
Please do not tell anyone to buy or sell any stock, as doing so is providing specific financial advice, which is not permitted.

You are welcome to make a case for the stock, and argue that it is undervalued or that the share price will continue to increase, if that is your view. But do not tell anyone else to "buy", as you are not a licensed financial advisor and are not legally allowed to advise others in such a way.

Thanks.
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are you shitting me? if anyone on here takes that remark to mean anything other than just playing around they shouldn't be able to open an envelope without adult supervision
 
Black Eugene said:
are you shitting me?
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No, not sh!tting you. Perhaps you are not aware, but stock market internet discussion websites in Australia are subject to ASIC Regulation, designed to protect consumers from unlicensed financial advice.

ASF operates in accordance with these regulations and we do not permit those posting here to advise others to buy or sell stocks, or provide other specific financial advice that would otherwise be provided by a licensed financial advisor.
 
Joe Blow said:
No, not sh!tting you. Perhaps you are not aware, but stock market internet discussion websites in Australia are subject to ASIC Regulation, designed to protect consumers from unlicensed financial advice.

ASF operates in accordance with these regulations and we do not permit those posting here to advise others to buy or sell stocks, or provide other specific financial advice that would otherwise be provided by a licensed financial advisor.
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I will keep that in mind but my previous statement still stands ............
 
Black Eugene said:
I will keep that in mind but my previous statement still stands ............
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Hi @Black Eugene and welcome to ASF. Hopefully @Joe Blow wont mind if I speak as a third party.

He was not trying to be heavy handed or picky/nasty/petty whatever regarding your above post. We all know it was meant tongue in cheek, but Joe is in a different position to we members.

Many members on ASF are probably unaware of the amount of hard earned cash Joe has had to pay out over the years due to litigation. Sad but true.

Lawyers etc don't care if we are being humorous or not and will often take the smallest opportunity to extract cash even if not justified so he has to be really careful on how content is portrayed/perceived.

Perhaps you could Private Message Joe if you need any clarification, but you will find 99.9% of long term members here will tell you he is about as fair a Moderator as you will find anywhere.

Cheers, and please continue to add your two bobs worth. Everyone's opinion is welcome.:wheniwasaboy:
 
Alster Research

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barney said:
Many members on ASF are probably unaware of the amount of hard earned cash Joe has had to pay out over the years due to litigation. Sad but true.
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All the freshly cashed up winners may like to consider the link.

ASF Legal Defence Fund

I have decided to shift all discussion of the ASF Legal Defence Fund to a dedicated thread. I have been contacted by an ASF member who is also the owner of a holiday cottage at Blackheath in the Blue Mountains. He has made the generous offer to auction off accommodation at the cottage for next...
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Black Eugene said:
I will keep that in mind but my previous statement still stands ............
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@Black Eugene et al.
Thinking out loud here; if we are "just playing around" perhaps an emoji or a j/k to emphasis it is not advice would suffice. Best you please clarify if that is suffice @Joe Blow.

At times I too need to be reminded of ASF's 5 Commandments
 
CR announced. Last week the company responded to an article in AFR denying they were going to do a CR. Will be interesting to see what the details are. I expect it will be a private equity raising.
 
A$100 million via the placement of approximately 15.4 million new fully paid ordinary shares

Fixed offer price of A$6.50 per New Share.

"Sophisticated and professional investors" .... retail might get a SPP if they squawk loud enough.
 
Dona Ferentes said:
A$100 million via the placement of approximately 15.4 million new fully paid ordinary shares

Fixed offer price of A$6.50 per New Share.

"Sophisticated and professional investors" .... retail might get a SPP if they squawk loud enough.
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what if you're only semi-sophisticated :cautious:
 
This sets a floor imo. Of note, they are targeting the offtake offers this year and expect them to be wrapped up in 21. Ambitious, but if a big name drops....
 
Fourteen dollars would suit me too however I think it might exceed my expectations.
Pretty hard to put a number on it don’t know what economic phenomena we face over the next few years all well and good forty sounds a nice number.
 
Dona Ferentes said:
A$100 million via the placement of approximately 15.4 million new fully paid ordinary shares

Fixed offer price of A$6.50 per New Share.

"Sophisticated and professional investors" .... retail might get a SPP if they squawk loud enough.
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I also read this in their presentation. Could you clarify for me. Does this mean we would not be allowed to purchase these new shares?
 

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