Australian (ASX) Stock Market Forum

YML - Yilgarn Mining

Just issued a speeding ticket. Not much in the way of a reply, but shouldn't have much of an effect.

Question: Does the ASX actually look into why these increases in volume/SP exist? Or do they play dumb and just ask why?
 
yml gets a speeding ticket from asx so they are currently on pre-open thats a bit odd or is that normal
 
Is there a trading halt? my market depth is not updating on Etrade, huge orders came up at 0.56-0.57...?
 
Yes, indeed!

Didn't think it would have much of an effect? But there are now two big buy orders at 56 and 57c.


*EDIT: 57c buy has been dropped. Maybe they thought it was "the" news we've been waiting for and not just a speeding ticket.
 
why is it in Pre NR which i assume is prenews release?

Surelt they dont halt trading for like half an hour to issue a speeding ticket, even though thats what the real cops would do on the roads :p:
 
Out of pre-open now. I don't think i've seen a stock go into pre-open due to a response before. If this common?
 
I think the orders js got pulled out? as said prob thought its the ann they've been waiting for. looks like alot of ppl r getting desperate!
 
0.575 17,773 1
0.580 24,160 1
0.595 30,954 3
0.600 60,000 2
0.650 40,000 2
0.680 30,000 1
0.690 34,075 1
0.750 27,077 1
0.800 5,000 1
0.930 122,773 4

thinning again

not much to get it to 60c, and even less to get it to see 75c

this stock has too much interest in it, the news better be soon or I think we'll see pull back.
 
I think the orders js got pulled out? as said prob thought its the ann they've been waiting for. looks like alot of ppl r getting desperate!

What stock are you looking at?

The 134k order took out everything up to 56c

There's plenty of buyers waiting off screen, So my call is that when Carr Boyd feasibility is out the pre-open depth will be insane and I doubt it will draw too many sellers out

I always knew that YML would be re-rated, it had too much potential to sit at/under 20c but I must admit watching it get re-rated makes me all warm inside :D
 
Agreed, there's far too many ramp posts that are obviously being written on emotion.

I can't see CB being announced until next week (just my feeling) so it's nice to see how much strength there's been in this during the run up. I just wonder how many here are going to sell on the announcement? ;)
 
said it before... will say it again....

I am going to hold this long term. Will forget about it and come back in a year or two and use it to pay for another house :p
 
*ramp removed*

lol didn't see this post before, yeah have to agree with Stox and Alf a speeding ticket is no reason to buy lol, funny thought though :D

Even funnier was that well someone actually did by 134k at 56c on the pre open of the speeding ticket :confused:

Interesting to see that the opies which should be at 30c (55c-25c Ex) are lagging at 20c ish bid, thats nearly 50% lag :cautious:
 
I just wonder how many here are going to sell on the announcement? ;)

I personally will not be selling for two reasons. Firstly based on the future projects and the high level of optimism about this stock I will sit back and ride it for a while. Secondly I already have a large tax bill coming my way for this FY... selling YML would drastically increase that!
 
lol didn't see this post before, yeah have to agree with Stox and Alf a speeding ticket is no reason to buy lol, funny thought though :D

Even funnier was that well someone actually did by 134k at 56c on the pre open of the speeding ticket :confused:

Interesting to see that the opies which should be at 30c (55c-25c Ex) are lagging at 20c ish bid, thats nearly 50% lag :cautious:

It's because they are getting close to call time.

Not everyone would have the cash sitting there to do it, and would have to sell stock to do it - at least that's what I am thinking.

Easily make money on those options, just buying and converting them you are already ahead by like 13c.

Ridiculous.

Wish I had the cash to do it hey
 
I personally will not be selling for two reasons. Firstly based on the future projects and the high level of optimism about this stock I will sit back and ride it for a while. Secondly I already have a large tax bill coming my way for this FY... selling YML would drastically increase that!

Ditto - I'm keeping this one, for both reasons you mentioned Jay. Marillana has huge potential and with drilling in late may/June, it would be silly to let this go now.

Quick question, since I don't play with oppies, is it necessary for the company to release an appendix 3B every time someone converts?
 
said it before... will say it again....

I am going to hold this long term. Will forget about it and come back in a year or two and use it to pay for another house :p

ahhhh yes.... i wish i had done the same when i bought those FMG's 2 years ago for 1.27.....thinking a sell at 2.30 was a gift from the gods.....dow
 
The ramping in this thread is getting out of control and several posts have been removed.

Please consider this friendly reminder a warning to those going over the top: please keep it in check.

Another reminder:

* Price targets must be accompanied by detailed analysis.
* Posts that are padded out to bypass the 100 character minimum will be removed.

Thank you for your attention.
 
Quick question, since I don't play with oppies, is it necessary for the company to release an appendix 3B every time someone converts?

I'm actually not sure about this, you'd think that it would be insane that everytime someone converted options the company had to release an ASX statement on it,

But then again this statement was re 15k options being converted so who knows,

Anyone with more knowledge care to shed light on this?
 
Another quick q re the oppies-how long does it take to convert them to heads.Next question anyone lend me the money to do it:D
 
Top