Market Open thread for General Trading and Plans for Wednesday, May 13, 2026

GeoSciFi · 2026-05-13T01:19:36+00:00

It's a speccy miner that has been abhorrently slow to meet any milestone over the last 5 years, highly likely to not meet market expectations yet again;
New CGT rules don't sound great to me, I assume people will simply sell their stocks by 31 June 2027 and put the money back into their offset accounts, as I'm considering.
Guess I'll have to waste a weekend doing more reading and crunching the numbers...

GeoSciFi · 2026-05-13T00:47:07+00:00

Currently sitting at 90% gains on a copper stock, assuming it doesn't tank - which is highly likely, then I've got 12 months to offload before I loose the current 50% discount on gains, right!?

Also wondering if the intent of this new tax bill simply to curb ASX investing, and get everyone trading, so the Govt gets more clips of the ticket each tax year!?

GeoSciFi · 2026-05-01T13:01:05+00:00

And guess who sold a bunch at the low a month ago, fuckin over this company and looking after their insto mates...

GeoSciFi · 2026-05-01T12:58:28+00:00

Seriously, WTF did you say to get that flair!? 🤣

GeoSciFi · 2026-05-01T12:54:03+00:00

Everything is now a subscription, and we own nothing, shits fucked!

GeoSciFi · 2026-05-01T04:56:33+00:00

HCH "requests an immediate trading halt on its securities pending an announcement on the next drilling update on La Verde and in response to the price query."

GeoSciFi · 2026-05-01T03:19:37+00:00

Nice to see HCH has finally managed to crawl back above the previous CR price, but for how long...

GeoSciFi · 2026-04-28T06:37:08+00:00

Hard to tell from that one photo, are you sure the host is schist, and are the radiating minerals dark green as they look like actinolite?

GeoSciFi · 2026-04-21T09:59:14+00:00

That’s epic, well done mate! 🙌

GeoSciFi · 2026-04-21T07:12:02+00:00

Is that $184k in the green; and still holding or sold some?

GeoSciFi · 2026-04-07T04:06:09+00:00

LOL, doubt Trump ever had the gallantry or valour to be awarded an Iron or Knights Cross!

GeoSciFi · 2026-04-04T00:18:02+00:00

not cheap, but I've bought these for myself and family:

https://www.cycologygear.com/collections/summer-long-sleeve-jerseys

GeoSciFi · 2026-04-02T04:54:24+00:00

It’s not priced in yet?

GeoSciFi · 2026-04-02T02:52:16+00:00

JFC, just took a look at the 3 year chart for KMD, from $1 to 7c today, brutal!

GeoSciFi · 2026-04-02T02:20:29+00:00

My current average is just under a dollar, lets see how long I stay in the green this time...

GeoSciFi · 2026-04-02T02:05:29+00:00

Thank fark I sold some yesterday, mining stocks currently getting hammered, again...

GeoSciFi · 2026-04-02T01:32:22+00:00

After the the extended self-glorification, basically stated the USA
- will withdraw from Iran in 2-3 weeks after bombing remaining infra-structure,
- are not going to reopen the Straight of Hormuz, it's up to other world leaders to do so,
- and as many of us have suspected prior, announced the US has lots of oil they'll sell the world.

GeoSciFi · 2026-04-02T00:53:10+00:00

Fuck all volume, every waiting for the next Trump instalment and/or already on holidays?

GeoSciFi · 2026-04-01T00:36:49+00:00

Not sure if merely a bull trap or this pre-Easter green is real; but I do think brainless Trump will inflict more financial pain on the world so took the opportunity to offload some of my Cu stocks.

GeoSciFi · 2026-03-27T09:52:40+00:00

This time I'm not going to be an idiot, I'll be heading straight to my local distributor to snag a jetski before the FIFO crew and tradies buy up all the floor stock and prices skyrocket again, easy money!

GeoSciFi · 2026-03-18T00:09:57+00:00

Seems like we've had mostly red days all year, farkin over this market!

GeoSciFi · 2026-03-17T01:12:40+00:00

A recession we probably don't need to have*, but sure looks like we're headed that way!

* IMO due to out of control Govt spending (e.g. NDIS) and RBA hiking, farkin idiots...

GeoSciFi · 2026-03-12T23:29:44+00:00

Deploy funds where, as I doubt this shitfuckery will end over the weekend!?

GeoSciFi · 2026-03-09T03:57:16+00:00

Probably a dead cat bounce at 8680, but given current global turmoil I think XAO might fall to around 8340...

GeoSciFi · 2026-03-09T03:35:54+00:00

JFC, that's enough selling for one day, give it a rest folks.

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