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The Twin Hills mine hot-potato game continues. JDR announcing today it will be buying the mine from now defunct Moreton Resources for just $0.5 million.

I'm still of the view that most ASX silver plays will never get into production (at least under current management/share structures). Many of the ASX silver companies have done well recently, only because of the rapid rise in US/AUD silver prices. There needs to be a sustained, multi-year rise...

There are multiple threads on 'the next best silver' company on the ASX. A lot of the points get repeated. Here is >one such thread<. There really has been no good long-term silver companies on the ASX for well over a decade. Instead the common themes are: bad management, endless capital...

SVY chart update previous charts: >here<

Kogan chart update: previous chart: Apr 2019

Talk in the AFR that FLT will need at least $200m in extra liquidity. But how much will be a capital raise & at what price? how many weeks would $200m last? This CV issue will take 6+months to resolve, likely longer for the travel industry. People will not travel on-bulk internationally until...

FLT is a much bigger business than where it was back during SARs or the GFC. Anyone who has been to any of those Travel Expos can see how many 1000s of employees they have. I was also always amazed some shopping districts would have 5-10 Flight Centre shops - they seemed more common than kebab...

FLT hitting $9.65 today. Investors don't want anything to do with the travel industry atm.

Currently -38% today to $12.04. A bit over a week ago, APT chart was holding up quite well compared to the broader market. Just goes to show that most Support lines on the charts mean Zero in the current environment. I suspect there are a lot of APT holders that bought sub $10, are now panic...

Thanks for kind words, although I do not know a lot of things still! Just spend a lot of screen time each week looking at the markets.

Algorithm bots. They are a cancer. The big firms that use them have some sort of deal (I believe) to be able to use them on the ASX. They don't pay individual brokerage for each 1 or 10 shares traded, they pay some other bulk fee to use this 'privilege'. It just floods the Course of Sales to...

QAN weekly chart update: Friday 13th, intraday chart:

CSL chart update:

Z1P chart update. Looking really ugly:

APT chart update. Still holding within the channel (for now):

I think some countries are more prone to bailing out 'national carriers' than others. Well, many are still part-owned by Governments, so they are more attached to those failures. I also think a lot of Australian's are over taxpayer dollars subsidising industry or bailing out bad business models...

There would be a lot of outrage if the Govt bailed out Qantas should SHTF for the global airline industry. It was only 2014, when QAN last asked the Govt for "financial help" for a $3bn unsecured loan. The request was rejected, and this turned out to be the right decision, as Qantas trimmed some...

$5.07 close. Needs to move back above $5.23 asap, otherwise $4.17 is looking very likely as next downward target. More news out about major airlines around the world grounding planes and telling 1,000s of staff to take paid or unpaid leave. It's serious when Emirates starts saying it (major...

More than likely more selling pressure than buying pressure on travel related stocks for some time yet. Saw a video last week on HK airport with dozens and dozens of Cathay planes parked up and not in use due to the riots and now CV-19. This was one of the major hub airports in Asia - now a lot...

QAN weekly chart: