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 7526 up 36 ptsLooking forward to VMM’s drilling program.Portfolio performancesThe Superfund portfolio gained 0.3% as follows:A 13.8% rise in Viridis Mining (VMM, 62¢ up 7.5¢, $19m, daily, hrly) added 0.7%. A 9.2% rise in Boss Energy (BOE, $3.92 up 33¢, $1.4b, daily, hrly) added 0.3% Animoca on Primary Markets ($0.80, $0.66/0.80, $1.5b) closed … Read more
All Ords 7416 up 51 pts or 0.7%Bought more VMM and completed the ADN spreadsheet. Both look very cheap to me but as you well know I am not infallible.Portfolio transactionsThis morning I purchased some more VMM at 65¢, adding 75% to the position and taking the holding to a weighting of 5.8%. The quid … Read more
All Ords 7368 up 21 pts or 0.3%Killed by Animoca. At least I am on my new computer.Portfolio performancesThe Superfund portfolio lost 1.9% as follows:A 12.0% rise in Blue Star Helium (BNL, 2.8¢ up 0.3¢, $44m, daily, hrly) added 0.6%. A 7.7% rise in Andromeda (ADN, 2.8¢ up 0.2¢, $87m, daily, hrly) added 0.3%. A … 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 7569 up 25 pts or 0.3%PET trading halt had my attention today.Portfolio performancesThe Superfund portfolio lost 0.3% as follows:A 23.8% rise in Animoca on Primary Markets ($0.99 up 19¢, $0.80/0.99, $1.8b) added 1.7%. A 1.8% rse in Alpha (A4N, $1.12 up 2¢, $m, daily, hrly) added 0.2%. Andromeda (ADN, 2.7¢, $m, daily, hrly) … Read more
All Ords 7536 up 14 pts or 0.2%Killed by AKP, rescued in part by VMM.Portfolio performancesThe Superfund portfolio fell 1.4%, taking the loss for the week to 5.3% and the return for the financial YTD to minus 81%. Movements today were as follows:A 30.4% rise in Viridis (VMM, 60¢ up 14¢, $19m or $39m fully … Read more
All Ords 7522 down 46 pts or 0.6%Looks like I could have timed the purchase of VMM better.Been having trouble wth a sticky laptop keyboard, which explains any typoos you might notice. New cmputer is ordered.Portfolio performancesThe Superfund portfolio lost 1.8% as follows:A 3.6% rise in Blue Star Helium (BNL, 2.9¢ up 0.1¢, $46m, daily, … Read more
All Ords 7568 down 95 pts or 1.2%Gingering up the ionic adsorption clay REO exposure in Brazil.Portfolio transactionsThs morning the Superfund sold half of its MEI holding at an average of 22.7c, making a small profit on the 15.5c paid in April, and with the proceeds bought into VMM at a average of 51.25c. Each … Read more
All Ords 7664 up 42 pts or 0.5%The fall in AKP to the bottom of its recent trading range was by far the main influence today.Portfolio performancesThe Superfund portfolio lost 4.3% as follows:A 4.6% rise in Meteoric Resources (MEI, 22.5¢ up 1¢, $437m, daily, hrly) addedd 0.4%. A 4.0% rise in Alpha (A4N, $1.16 up … Read more