All Ords 8058 down 17 pts or 0.2%Focus on MEI.Portfolio performancesThe Superfund portfolio lost 1.7% as follows:A 13.2% rise in Andromeda (ADN, 1.7¢ up 0.2¢, $53m, daily, hrly) added 0.5%. Animoca on Primary Markets (60¢, 60/75¢, $1.3b) last traded yesterday. Audio Pixels (AKP, $6.20, $181m or $196m diluted) remains suspended. Besra Gold (BEZ, 9.9¢, $41m … Read more
All Ords 8075 up 63 pts or 0.8%The extended bear market in stocks looking to mine raw materials for electric vehicles grinds on, with China being the main protagonist. Whether it be graphite, nickel, lithium, or rare earths players.Portfolio performancesThe Superfund portfolio gained 0.1% as follows:A 1.1% rise in Alpha (A4N, 90¢ up 1¢, $1.02b … Read more
All Ords 8012 down 58 pts or 0.7%RDM fundamentals are looking good and at some point this will be recognised by investors.Portfolio performancesThe Superfund portfolio gained 0.8% as follows:A 2.9% rise in Alpha (A4N, 89¢ up 2.5¢, $1.01b or $1.03b diluted, daily, hrly) added 0.9%. A 6.2% rise in Red Metal (RDM, 17¢ up 1¢, … Read more
All Ords 8003 up 39 pts or 0.5%Animoca was a disaster today as the weakness in cryptos finally impacted.Portfolio performancesThe Superfund portfolio lost 3.1% as follows:A 22.0% rise in Blue Star Helium (BNL, 1.1¢ up 0.2¢, $21m or $22m diluted, daily, hrly) xx. A 3.7% rise in Red Metal (RDM, 14¢ up 0.5¢, $42m or … Read more
All Ords 7994 down 30 pts or 0.4%ADN to the rescue. Who would have thought? But not complaining.Portfolio performancesThe Superfund portfolio gained 0.5% as follows:A 35.3% rise in Andromeda (ADN, 2.3¢ up 0.6¢, $72m, daily, hrly, 10min) added 1.6%. A 3.0% rise in Red Metal (RDM, 17¢ up 0.5¢, $51m or $61m diluted, daily, hrly) … Read more
All Ords 8083 down 35 pts or 0.4%Short term hopes have been dashed.Portfolio performancesThe Superfund portfolio lost 1.5% as follows:Animoca on Primary Markets (85¢, 78/85¢, $1.6b) last traded 15 May. Andromeda (ADN, 1.7¢, $40m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or $196m diluted) remains suspended. Blue Star Helium (BNL, 1.0¢, $19.4m or … Read more
All Ords 7996 down 24 pts or 0.3%Some interesting announcements. And has BNL bottomed?Portfolio performancesThe Superfund portfolio lost 0.2% as follows:A 12.3% rise in Blue Star Helium (BNL, 0.9¢ up 0.1¢, $17.5m or $18.2m diluted, daily, hrly) added 0.5%. A 1.1% rise in Alpha (A4N, 96¢ up 1¢, $896m or $913m diluted, daily, hrly) added … Read more
All Ords 7849 up 18 pts or 0.2%In the quiet period post quarterlies.Portfolio performancesThe Superfund portfolio added 1.1% as follows:A 14.1% rise in Blue Star Helium (BNL, 0.8¢ up 0.1¢, $15.5m or $16.2m diluted, daily, hrly) added 0.5%. A 1.5% rise in Alpha (A4N, $1.04 up 1.5¢, $971m or $989m diluted, daily, hrly) added 0.5%. … Read more
All Ords 7932 up 25 pts or 0.3%Dealt with 9 quarterlies plus the PET stuff so am now feeling my age.And as half expected, AKP is still not able to demonstrate its Gen II speaker chip.Portfolio performancesThe Superfund portfolio lost 0.7% as follows:A 14.1% rise in Blue Star Helium (BNL, 0.8¢ up 0.1¢, $15.5m or … Read more
All Ords 7960 up 42 pts or 0.5%An ordinary day. AKP hit a new low prior to its results, while BEZ cut its uptrend and I think Pangaea has resumed selling.Portfolio performancesThe Superfund portfolio broke even as follows:A 9.9% rise in Blue Star Helium (BNL, 1.1¢ up 0.1¢, $21m or $22m diluted, daily, hrly) added … Read more
All Ords 7835 up 27 pts or 0.3%The weakness in AKP is not unexpected but the poor result from BBB #33 was devastating.Tomorrow should see quarterly reports from ADN, AKP, BEZ, MEI and VMM.Portfolio performancesThe Superfund portfolio lost 4.1% as follows:A 3.1% rise in Besra Gold (BEZ, 16.5¢ up 0.5¢, $69m or $77m diluted, daily, … Read more
All Ords 7757 down 110 pts or 1.4%Good performances by uneasy neighbours MEI and VMM.Portfolio performancesThe Superfund portfolio lost 0.3% as follows:A 20.2% rise in Viridis Mining (VMM, $1.605 up 27¢, $72m or $113m diluted, daily, hrly) added 0.5%. A 4.3% rise in Blue Star Helium (BNL, 2.4¢ up 0.1¢, $47m or $50m diluted, daily, … Read more
All Ords 7662 up 63 pts or 0.8%Have we seen the bottom for the resources sector?Portfolio performancesThe Superfund portfolio fell 0.1%, taking the loss for the week to 0.4% and the return for the financial YTD to minus 20.1%. Movements today were as follows:An 8.0% rise in Besra Gold (BEZ, 13.5¢ up 1¢, $56m or … Read more
All Ords 7385 down 2 pts onlyThe high AKP weighting in the portfolios is sometimes good and sometimes horrid. Today it was the latter.Read the commentary on PET, you might find it interesting.Portfolio performancesThe Superfund portfolio lost 2.8% as follows:A 4.7% rise in Blue Star Helium (BNL, 2.2¢ up 0.1¢, $43m or $46m diluted, daily, … Read more
All Ords 7261 down 9 pts or 0.1%It was the best day for many months thanks to AKP. I had been under a lot of pressure on AKP from various directions and now feel vindicated. Somewhat. Full vindication would be achieved on prices above $100.Portfolio performancesThe Superfund portfolio rose 9.2%, taking the gain for the … Read more
All Ords 6968 up 7 pts or 0.1%Huge number of quarterlies to go through, all commented on in this report.Portfolio performancesThe Superfund portfolio gained 0.7% as follows:A 33.9% rise in Animoca on Primary Markets (75, 75/80¢, $1.4b) added 2.1%. A 0.1% rise in Audio Pixels (AKP, $8.76 up 1¢, $256m, daily, hrly) added 0.1%. A … Read more
All Ords 6960 down 54 pts or 0.8%Qrterlies coming thick and fast. A4N, EOS, JBY, MTC and VMM reported today, with ADN, AKP, BEZ and MEI hopefully to report tomorrow. For me, it goes without saying that the most important will be AKP.Portfolio performancesThe Superfund portfolio lost 4.0% as follows:A 4.7% rise in Andromeda (ADN, … Read more
All Ords 7244 down 44 pts or 0.6%Friday 13th was meant to be unlucky and so it proved.Portfolio transactionsThis afternoon the Superfund sold most of its remaining MEI at 20.5¢, making a small profit on the 15.5¢ paid in April, and with the sale boosting the cash position by 4.3%. It was a most reluctant … Read more
All Ords 7223 down 7 pts or 0.1%Another downer; this time it was A4N that did the most damage despite a positive announcement. And lots of announcements to cover.Portfolio transactionsThis afternoon the Superfund added a little to its A4N position at 75.5¢ thus reducing its cash position by 1.4%. I believe the shares are great … Read more
All Ords 7230 down 8 pts or 0.1%I present an updated valuation of PEK in this report, and comment on announcements by BEZ and MEI, etc.The further fall in AKP was the main drag on the porfolios today although I am not much concerned because the volume traded is tiny and the price is certainly … Read more
All Ords 7403 up 15 pts or 0.2%Lots of interesting stuff happening. Portfolio transactionsThis morning I made some changes to the James Bay lithium component of my portfolio. I sold out of CY5 at 19.7¢, making a loss on the 22.5¢ paid last month, and with the proceeds bought into James Bay Minerals (JBY) at … Read more
All Ords 7358 down 17 pts or 0.2%MEI looks great, VMM looks greater albeit higher risk.Portfolio performancesThe Superfund portfolio rose 0.1%, taking the gain for the week to 0.8% and the return for the financial YTD to minus 11.7%. Movements today were as follows:A 8.6% rise in Viridis Mining (VMM, 95¢ up 7.5¢, $30m, daily, … Read more
All Ords 7518 up 11 pts or 0.1%Big rises in A4N unrelated to its report, and in MEI and VMM following the release of some remarkable assays at Caldeira, were partly offset by a relatively small fall in AKP post its update which revealed a further delay in receipt of the G2 chips.Portfolio performancesThe Superfund … Read more
All Ords 7364 down 47 pts or 0.6%A sea of red today, again. We’re in the biggest correction since February.Portfolio transactionsI placed an order to buy back some Peak Rare Earth shares (PEK, 42c down 3.5c, $114m, daily) at 42c but managed to acquire just 1 share, in the after-market session.Portfolio performancesThe Superfund portfolio lost … Read more
All Ords 7493 down 61 pts or 0.8%The end of the road for PET?Portfolio transactionsThis morning the Superfund paid 68c to buy back about half of the VMM it sold last week at 65c. The repurchase followed the break of downtrend on Friday and initial market interest this morning when VMM announced the acquisition of … Read more
All Ords 7554 down 14 pts or 0.2%For some reason the portfolios were a sea of green today. Not complaining.Portfolio performancesThe Superfund portfolio rose 3.1%, taking the gain for the week to 1.8% and the return for the financial YTD to minus 6.4%. Movements today were as follows:A 3.9% rise in Audio Pixels (AKP, $10.70 … Read more
All Ords 7622 up 6 pts or 0.1%Analysed six quarterly reports on this the last day of the season.Portfolio performancesThe Superfund portfolio lost 0.4% as follows:A 2.4% rise in Meteoric Resources (MEI, 21.5¢ up 0.5¢, $417m, daily, hrly) added 0.2%. Animoca on Primary Markets ($0.80, $0.73/0.90, $1.5b) last traded 28 Jul. Andromeda (ADN, 3.2¢, $100m, … Read more
All Ords 7517 down 10 pts or 0.1% Am getting up early tomorrow to catch the 6.15 train to Central to attend the BEZ EGM.Portfolio performancesThe Superfund portfolio gained 0.8% as follows:A 42.9% rise in Animoca on Primary Markets ($1.00 up 30¢, $0.70/0.96, $1.8b) added 2.5%. A 6.4% rise in Meteoric Resources (MEI, 25¢ up … Read more
All Ords 7207 down 37 pts or 0.5%Some announcements to cover today.Portfolio performancesThe Superfund portfolio lost 0.5% as follows:A 7.9% rise in Andromeda (ADN, 4.1¢ up 0.3¢, $128m, daily, hrly) added 0.5%. A 4.1% rise in Meteoric Resources (MEI, 25.5¢ up 1¢, $485m, daily, hrly) added 0.4%. A 2.2% rise in Alpha (A4N, $.17 up … Read more
All Ords 7300 up 36 pts or 0.5%Another awful day for the portfolios due to AKP. But of course when I loaded up on AKP I recognised that I also loaded up on volatility.Portfolio performancesThe Superfund portfolio lost 3.6% as follows:A 2.4% rise in Meteoric Resources (MEI, 21¢ up 0.5¢, $399m, daily, hrly) added 0.2%. … Read more