Australian (ASX) Stock Market Forum

YML - Yilgarn Mining

There's no reason for a rally like this + volume is way up = Maybe insiders buying on Carr Boyd results

the volume is high, bt not at a level that'll get everyone's attention, wats pushing up the price is due to the thin orders on the sell side. there js cant be that many insiders around!!
 
the volume is high, bt not at a level that'll get everyone's attention, wats pushing up the price is due to the thin orders on the sell side. there js cant be that many insiders around!!

Sellers appear to have vanished... probably not liquid enough for day traders now as too many people are hanging on for Carr Boyd. This will be interesting to watch!
 
The options are cheap at the moment.

At 19c they are a 3c discount to the heads, and they also give you 5 weeks or so befor eyou have to pay for the balance.

I am surprised no-one has bought these up!
 
The options are cheap at the moment.

At 19c they are a 3c discount to the heads, and they also give you 5 weeks or so befor eyou have to pay for the balance.

I am surprised no-one has bought these up!

so are we certain that the ann will come out be4 june? may be someone has mentioned it, bt i cant remember :confused:
 
I must admit I am very surprised on YML's performance over the last week or so I didn't expect it to gain this much.

Who knows how high it will go, personally I dont think it'll break 60 soon but I good very well be wrong (just a guess) But I hope I'm wrong I'm going to NZ boarding soon and could use some extra spending money.

Yeeeeeeeeeeeeeeeehah:D
 
Sellers appear to have vanished... probably not liquid enough for day traders now as too many people are hanging on for Carr Boyd. This will be interesting to watch!

Mozart you might be 85%+ correct ,but if you look at the ASX currently at -47.2 points ,and you see a share like YML trading 7 cents up you tend to get suspicious.Day traders love fast turnaround :) . So far so good ye olde screen is gleaming.
 
Mozart you might be 85%+ correct ,but if you look at the ASX currently at -47.2 points ,and you see a share like YML trading 7 cents up you tend to get suspicious.Day traders love fast turnaround :) . So far so good ye olde screen is gleaming.

Looks like a lot of off-screen buying too. This isn't your typical "mum and dad" style buyers. Any guesses on where the interest is coming from?
 
Speculators, maybe investors, I seriously doubt insider trading is afoot, considering all the attention this is getting any insider trading would be pretty obvious.

Are there usually any safeguards etc regarding feasability studies and such pending market releases?:confused:
 
So nobody thinks it could just be people getting ready for the ann next week? Just like the SP jumped last week when it was getting closer to the release date.
 
So nobody thinks it could just be people getting ready for the ann next week? Just like the SP jumped last week when it was getting closer to the release date.

can be a jump like AAR with no ann, the share price will js drop back after the buying frenzy is over.
 
Things could get very interesting if these sub 50's sells get smashed :rolleyes:

Does anyone have some info regarding the trades that have gone through today? Are they a few large buyers or lots of little fish? :confused:
 
Things could get very interesting if these sub 50's sells get smashed :rolleyes:

Does anyone have some info regarding the trades that have gone through today? Are they a few large buyers or lots of little fish? :confused:

i've been watching this one closely today, no huge orders, js small buy ups, you'll never know, could be coming from the same person anyway.
 
Things could get very interesting if these sub 50's sells get smashed :rolleyes:

Does anyone have some info regarding the trades that have gone through today? Are they a few large buyers or lots of little fish? :confused:

Yep could just be day traders... might take a profit and run and get back in when it comes down and if it dose.......


todays trades

Time Price Volume Value Attributes
18/05/2007 01:41:58 0.47 41 19.27 G
18/05/2007 01:29:47 0.47 6959 3270.73 F
18/05/2007 01:25:35 0.47 141 66.27 G
18/05/2007 01:24:28 0.47 35384 16630.48 F
18/05/2007 01:24:28 0.47 1175 552.25 F
18/05/2007 01:19:41 0.47 15000 7050.00 G
18/05/2007 01:17:24 0.47 5000 2350.00 G
18/05/2007 01:05:05 0.47 11000 5170.00 G
18/05/2007 01:05:05 0.465 10000 4650.00 F
18/05/2007 12:45:43 0.465 10000 4650.00 G
18/05/2007 12:37:04 0.47 7825 3677.75 G
18/05/2007 12:37:02 0.47 10000 4700.00 G
18/05/2007 12:36:50 0.46 5000 2300.00
18/05/2007 12:36:50 0.46 100000 46000.00 F
18/05/2007 12:36:50 0.455 25000 11375.00 F
18/05/2007 12:36:26 0.45 2175 978.75 F
18/05/2007 12:11:33 0.45 22825 10271.25 XT G
18/05/2007 12:11:33 0.45 8000 3600.00 XT F
18/05/2007 12:11:33 0.45 1200 540.00 XT F
18/05/2007 12:11:33 0.45 2975 1338.75 XT F
18/05/2007 11:37:19 0.44 7000 3080.00 F
18/05/2007 11:36:56 0.44 43000 18920.00 G
18/05/2007 11:29:39 0.45 2325 1046.25 XT G
18/05/2007 11:18:04 0.43 20000 8600.00 F
18/05/2007 11:17:32 0.44 20000 8800.00
18/05/2007 11:12:22 0.45 14200 6390.00 XT G
18/05/2007 11:12:22 0.44 21000 9240.00 F
18/05/2007 11:06:21 0.44 5000 2200.00 G
18/05/2007 11:05:59 0.44 25000 11000.00 G
18/05/2007 11:05:49 0.44 7000 3080.00 G
18/05/2007 11:05:09 0.43 1300 559.00 XT F
18/05/2007 11:04:52 0.43 15000 6450.00 G
18/05/2007 11:04:33 0.43 11700 5031.00 G
18/05/2007 11:04:33 0.425 5000 2125.00 F
18/05/2007 10:59:01 0.42 21954 9220.68 F
18/05/2007 10:58:44 0.42 6000 2520.00 G
18/05/2007 10:57:38 0.42 2296 964.32 G
18/05/2007 10:57:38 0.415 2704 1122.16 F
18/05/2007 10:36:32 0.415 8500 3527.50 G
18/05/2007 10:32:41 0.415 45000 18675.00 G
18/05/2007 10:30:31 0.415 2054 852.41 G
18/05/2007 10:27:59 0.415 47946 19897.59 F
18/05/2007 10:27:11 0.41 60000 24600.00 F
18/05/2007 10:09:14 0.415 576 239.04 G
18/05/2007 10:09:14 0.415 17000 7055.00 F
18/05/2007 10:09:14 0.415 5375 2230.63 F
 
Thanks for that mate how exactly do you read this data, what are the letters on the end do they show who's buying?

This would be day trader heaven these spec stocks with ann due out soon tend to get good attention on fridays :D
 
Sighh it rises and rises and yet the followers um and arr over its prospects

Guys Pato's have a 40c valuation on it, this will be updated once Carr Boyd feasibility study comes out, safe to say its not going too far below 40c,

From a technical point of view its just broken out above 42c

So combine the 2 and it looks like 40c/42c becomes new support level

What you do is up to you but just realise that

1. There's very few shares available for trading

2. The sell depth is extremely thin ie only 100k on offer under 50c

3. Carr Boyd's NPV is likely to be at least 3-4x YML's mkt cap

4. It has broker support now

As for me I will take profits at a level where YML's mkt cap = 50% of the Carr Boyd NPV
 
Sighh it rises and rises and yet the followers um and arr over its prospects

Guys Pato's have a 40c valuation on it, this will be updated once Carr Boyd feasibility study comes out, safe to say its not going too far below 40c,

From a technical point of view its just broken out above 42c

So combine the 2 and it looks like 40c/42c becomes new support level

What you do is up to you but just realise that

1. There's very few shares available for trading

2. The sell depth is extremely thin ie only 100k on offer under 50c

3. Carr Boyd's NPV is likely to be at least 3-4x YML's mkt cap

4. It has broker support now

As for me I will take profits at a level where YML's mkt cap = 50% of the Carr Boyd NPV

There's some strong buying out there. At present 145,000 wanted by 2 buyers at 44.5c with the sellers at 47c. Volume is 711,630. YML has broken out and is looking good.
DYOR
 
So YML maket cap at present 45 = about 40mill 3-4 times that is $1.50

I was aiming for 70c, I didn't realise that the rerating if carr boyd turns out to be positive would be so good, I assume that the NPV of carr boyd would be factored into rerating straight away and would increase over time? :confused:
 
YT you have some excellent points and if it was not for you I might have not have seen this company and Done my own research on it... so big thanks mate !!



The op's just went up by 30% now and only 4 sellers left...looks like someone just came in and wipped out the 19.5 and 19 cent range...
 
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