London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looking at other Bulletin boards that seems to be the suggestion. Iluka generated Revenues of just below $1 billion so its quite interesting that BSE costs are lower than that of that giant. Next week quarter results? should be interesting. This is a 90% faller so there could be quite a bit of mileage.
Iluka results base has much lower costs per ton so expect good cash flow next week http://www.iluka.com/docs/default-source/asx-releases/full-year-results-2015-presentation.pdf?sfvrsn=6
Looking more and more likely that Hall has got a very good deal. Looking at the chart BSE has fallen from a high of around 26-27p to 3.5p now. So any good news will be a multiplier for the share price. We know what the debt payments are and they can be met. We know BSE is generating quite a bit of free cash flow. So we look forward to it. With my small holding I see this as a medium long term punt. The reason is that is simply too difficult buying online.
I'm in anyway. See what next week brings.
Someone bought 42k at 3.5p. Not sure how that was possible considering at the time there was only 10k available. Now 1k online.
Should be reported next week Expect Base to easily reach 6p soon IMO
Even at the lowest ebb of the commodity cycle. So it seems like a very good recovery play. Maybe that is what Peter has seen. Now couple that with a 90% fall in share price then it looks like Peter got a very good deal.
lots of cash it seems? Still reading...
It looks a few may have done that. Although for the life of me trading is so thin. 10k at 3.5p is the extent of the free float with BSE. Have you looked at the dynamics of why Peter invested? Some good posts around.
Yes interesting thats for sure... what is your target price here?
Looked at what Peter has invested in. Looking through the Bulletin boards it seems Peter has only bought BSE and Doray Minerals. If he could follow Hunter Hall 0.50p to 500p that would be amazing. of course that is unlikely but this is a 90% faller.
a £500 buy sends the ask up 0.25p... hmmm...
What does it trade under in Oz? Thanks.
just needs volume... except cant buy... damn.
Could be one of the recovery plays of the year. Pity there is not much to buy
did you see asx? BSE trading at around 3.75-4.0p AIM undervalued
Thanks... been trying to get £500 worth but cant even buy that... may place an NT order and see but dont like to.
15k online at 3p. Peter Hall taking all the overhang. Aus conversion to what peter hall achieved is actually 0.50p to 500p . That is impressive.
Seems not many trades on this one... but still tempting...
This legend investor took Hunter Hall from 1cent AUS to $10 aus. Phenomenal.
well i took 25k online. £700 quid worth. hardly any available with that guy hunter taking that huge stake.
Yep report below They got a bargain Already up 50% BASE RESOURCES LIMITED - Updated substantial shareholder position PR Newswire London, February 10 AIM and Media Release 10 February 2016 BASE RESOURCES LIMITED Updated substantial shareholder position Base Resources Limited (ASX & AIM: BSE) ("Base") advises that Hunter Hall Investment Management Limited acquired 9,365,745 Base shares on 8 February 2016 for consideration of A$253,937 and through doing so increased its interest in Base shares from 13.34% to 15.00%. A full PDF version of the notice is available from http://www.asx.com.au/ and on the company's website: http://www.baseresources.com.au/.
from another Bulletin board. Anyone looked at this?
Should help zircon price and base