All Ords 8035 down 24 pts or 0.3%Nothing much to report, except the news from BEZ is mildly encouraging.Portfolio performancesThe Superfund portfolio lost 0.7% as follows:A 6.4% rise in Red Metal (RDM, 16.5¢ up 1¢, $49m or $59m diluted, daily, hrly) added 0.1%. Alpha (A4N, 90¢, $914m or $1,063m diluted, daily, hrly) closed unchanged. Andromeda … Read more
All Ords 7990 up 17 pts or 0.2%Portfolios fluffing around.Focus on nickel and NIC. And why is VMM so sick?Portfolio performancesThe Superfund portfolio gained 0.3% as follows:A 14.1% rise in Blue Star Helium (BNL, 0.8¢ up 0.1¢, $16m or $16m diluted, daily, hrly) added 0.5%. A 3.6% rise in Andromeda (ADN, 2.9¢ up 0.1¢, $90m, … Read more
All Ords 7997 down 11 pts or 0.1%Suddenly everything is green. Can it last?Portfolio performancesThe Superfund portfolio gained 2.0% as follows:A 10.7% rise in Andromeda (ADN, 3.1¢ up 0.3¢, $96m, daily, hrly) added 0.7%. An 8.3% rise in Blue Star Helium (BNL, 1.3¢ up 0.1¢, $25m or $26m diluted, daily, hrly) added 0.5%. A 1.8% … Read more
All Ords 7279 up 19 pts or 0.3%The feature of the day was a big recovery in Animoca to $2.80 although I should add it may not be sustained because the closing offer was only $2.55; Animoca being thinly traded, that circumstance is not uncommon. And on the research front I hope to publish a … Read more
All Ords 7762 up 52 pts or 0.7%Superfund portfolio performanceThe portfolio gained 0.2% as follows:A 13.2% rise in Andromeda (ADN, 21.5¢ up 2.5¢, $534m, daily, 4hrly, hrly) added 1.0%.A 2.5% fall in Animoca ($3.90 down 10¢, $5.9b) took 0.4%.A 1.7% fall in SciDev (SDV, 59¢ down 1¢, $111m, daily, hrly) took 0.4%.A 4.3% rise in … Read more
All Ords 7688 down 42 pts or 0.5%Portfolio transactionsNone today.Superfund portfolio performanceThe portfolio gained 1.7% as follows:A 13.2% rise in Animoca (old code ABI, $3.85 up 45¢, $5.8b) added 1.9%.A 7.5% fall in Calix (CXL, $7.29 down 59¢, $1.2b, daily, hrly) took 0.7%.A 4.7% rise in Alpha (A4N, 55.5¢ up 2.5¢, $440m, daily, hrly) added … Read more
All Ords 7671 up 12 pts or 0.2%Portfolio transactionsVirtual portfolioAs I indicated yesterday, today I added FEL, NZM, OKR and WBT at yesterday’s closing prices, at $10,000 apiece. You can find the details on these four companies in yesterday’s breakouts commentary. The purchases took the book value of the portfolio to $250,000, while the market … Read more