Ballarat Gold Share Discussion Threads

[12vic] 24/6/2005 16:08

The currency exchange rate also seems to be working in favour of UK holders , hence the odd 1.25 % rises we seem to see every now and again .

[fat scarab] 24/6/2005 08:28

Technical indicators are looking good as well - volume picking up, price bouncing off the 10-day moving average. All very tasty :o)

[12vic] 24/6/2005 07:45

No movement today but very solid 25 - 25.5 . Look at the last trades shown on Fat Prophets , 1 million + volume going through right at the end of the day . Not sure if these are delayed trades or last minute buyers grabbing stock .
ASX : BGF | Ballarat Goldfields NL FPO
Information is delayed 20 minutes

Buy 373T
0.25 Last

0.255
n/c
4:19 pm High
0.26 Open
0.26 Volume
6,686,514
0.255
Sell 267.7T Low
0.25 Prev. Close
0.255 Turnover
$1,695,069



Today's Trading

Trade No. Time Price Volume Value Conditions
134 4:15pm 0.255 100,000 $25,500 Overnight, Crossed
133 4:05pm 0.255 18,100 $4,616
132 4:05pm 0.255 60,000 $15,300
131 4:05pm 0.255 10,000 $2,550
130 4:05pm 0.255 200,000 $51,000
129 4:05pm 0.255 40,000 $10,200
128 4:05pm 0.255 60,000 $15,300
127 4:05pm 0.255 50,000 $12,750
126 4:05pm 0.255 50,000 $12,750
125 4:05pm 0.255 50,000 $12,750

[12vic] 23/6/2005 16:25

.... and just to help things gold is currently up $4 .

[fat scarab] 23/6/2005 11:12

Fantastic stuff. Waiting for the share price to break 25c was like waiting for Henman to win Wimbledon... 'cept in this case it actually happened.

As you say vic it should be interesting tomorrow!

[12vic] 23/6/2005 08:29

Following a series of buys at 25.5 the last trade in Oz moved the share to a new trading range 25.5-26 cents , tommorrow will be interesting . Gossip on the hotcopper site is that UBS may have been accumulating large amounts of shares over the last week . Lot of trades going in at the end of the session !

Buy 41.2T
0.255 Last

0.255
0.5 2%
4:34 pm High
0.255 Open
0.245 Volume
7,569,245
0.26
Sell 763.9T Low
0.245 Prev. Close
0.25 Turnover
$1,914,082



Today's Trading

Trade No. Time Price Volume Value Conditions
135 4:31pm 0.26 30,000 $7,800 Overnight
134 4:05pm 0.255 58,797 $14,993
133 4:05pm 0.255 76,667 $19,550
132 4:05pm 0.255 3,333 $850
131 4:05pm 0.255 20,000 $5,100
130 4:05pm 0.255 200,000 $51,000
129 4:05pm 0.255 5,773 $1,472
128 4:05pm 0.255 35,430 $9,035
127 4:05pm 0.255 50,000 $12,750
126 4:05pm 0.255 45,000 $11,475

[shirishg] 20/6/2005 08:37

Post removed by ADVFN

[12vic] 20/6/2005 08:36

BGF seems to be very steady at the moment trading 24.5 - 25 cents in Oz . 25 cents appears to be the break out point for this share and at the moment its being held back - however if Price of Gold continues to rise it seems likely there will be a move beyond 25 cents which could begin another upward phase !

[12vic] 14/6/2005 15:18

Looks like we've reached a new high despite there being no trades over here - my broker is now bidding 10.1 p per share .

[12vic] 14/6/2005 08:15

Back up today off the back of trading in Oz , price now at 25 cents over there and lots of buying at this level , big volume 6 million + . Some suggestion on hotcopper bulletin boards that institutions might be accumulating again , also that this might move further if resistance level at 25 cents is broken !

Some of todays Oz trades

104 4:05pm 0.25 29,093 $7,273
103 4:05pm 0.25 12,150 $3,038
102 4:05pm 0.25 19,000 $4,750
101 4:05pm 0.25 30,000 $7,500
100 4:05pm 0.25 25,000 $6,250
99 4:05pm 0.25 84,757 $21,189
98 4:05pm 0.25 115,243 $28,811
97 4:05pm 0.25 5,000 $1,250
96 4:05pm 0.25 28,000 $7,000
95 4:05pm 0.25 20,000 $5,000

[tonystringy] 07/6/2005 20:22

Excellent! Thanks 12vic!

[12vic] 07/6/2005 20:12

Hello Tony ,
Just got back from work , I see Oz now has offer price of 25 cents , which pretty much equals this years high , my gut feeling is this upward trend may continue - recent price movement seems to suggest news could be on its way .
I use www.asx.com.au to monitor the Oz prices .
Another site I watch is www.hotcopper.com.au which is a free to register Ozzie financial site . Below are some recent BGF postings from hotcopper's bulletin board -

Subject set to run
Posted 05/06/05 22:41 - 121 reads
Posted by jardan
IP 220.236.xxx.xxx
Post #613460 - start of thread - splitview

volume increasing and closed above 23c

Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: set to run
Posted 06/06/05 15:28 - 91 reads
Posted by Sarcophagus
IP 202.89.xxx.xxx
Post #614153 - in reply to msg. #613460 - splitview

quite a wack taken out at 24.
Be nice if it holds.

nothing is permanent

Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: set to run
Posted 06/06/05 15:44 - 90 reads
Posted by jardan
IP 220.236.xxx.xxx
Post #614175 - in reply to msg. #614153 - splitview

noticed the bid on bgfo climbing to .085 although there has been no trades today. I believe this will head to a new high over the next couple of week's especially if the gold price accelerates and also there should be a new batch of drilling results due anytime. Hzn is also one to keep an eye on .

Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: set to run
Posted 06/06/05 16:00 - 88 reads
Posted by jardan
IP 220.236.xxx.xxx
Post #614209 - in reply to msg. #614175 - splitview

as i was writing it kicked as well as bgfo on volume ,news may be near


Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: set to run
Posted 06/06/05 16:38 - 84 reads
Posted by jardan
IP 220.236.xxx.xxx
Post #614261 - in reply to msg. #614209 - splitview

someone wanted bgfo this arvo, there were 6 trades 100000 plus in an hour with no trades befor that all day. could be something in the wings

Voluntary Disclosure: No Position Sentiment: None TOU violation






Subject re: set to run
Posted 07/06/05 13:47 - 47 reads
Posted by jardan
IP 220.236.xxx.xxx
Post #615171 - in reply to msg. #614261 - splitview

bgf now going for 25c not far off blue sky. bgfo also up 12% today

[tonystringy] 07/6/2005 00:11

Cheers Scarab!

[fat scarab] 06/6/2005 23:34

hi tony

You can get a 20min delayed price, 1 year chart + list of trades via this link:



Have been in this one for a couple of months, nice steady progress so far...

cheers

FS

[tonystringy] 06/6/2005 22:16

Thanks again!

How could I check the share price in Oz? I have an account with Comdirect but couldn't find them on there.

[12vic] 06/6/2005 19:39

... no trades today and there's the tick up adjustment none the less ! Offer to bid range in Oz is now 24 to 24.5 cents . More of this slow steady upward share movement suits me fine ...

[tonystringy] 03/6/2005 19:32

Thanks 12vic!

[12vic] 03/6/2005 17:42

Price appears to be firming in Oz with a tight offer to bid range of 23 to 23.5 cents . If this pattern continues next week the price over here will rise regardless of UK trades .

23 cents equates to 10p at 0.41 exchange rate .

[rurel] 22/5/2005 21:01

Rambutan - FT April 16 sat edition. Fund Manager In Focus. Current top tip Ballarat Gold Field and Bendigo.

[12vic] 19/5/2005 07:25

From the company website , slightly dated as it does not show the new JP Morgan holding figures

The name of the twenty largest holders of quoted equity securities are listed below:

Name Number Held Percentage

1 National Nominees Limited # 111,699,862 14.19%

2 ANZ Nominees Limited # 52,546,427 6.68%

3 HSBC Custody Nominees (Australia) Limited # 48,140,575 6.12%

4 JP Morgan Nominees Australia Limited # 45,145,575 5.74%

5 Alchemy Securities Pty Ltd 28,000,000 3.56%

6 Westpac Custodian Nominees Limited 17,850,041 2.27%

7 Cognet Nominees Pty Limited 15,409,356 1.96%

8 Alchemy Securities Pty Ltd 14,637,522 1.86%

9 Tricom Nominees Pty Ltd 13,560,622 1.72%

10 AMP Life Limited 11,239,378 1.43%

11 Fortis Clearing Nominees 10,136,515 1.29%

12 Abbotsleigh Pty Ltd 9,112,500 1.16%

13 RFC Growth Fund Limited 8,555,259 1.09%

14 CSFB Fourth Nominees Pty Ltd 8,068,560 1.03%

15 Mr C Smith & Mrs A Smith (SF A/C) 7,770,000 0.99%

16 Stitching Rutherglenn 6,455,400 0.82%

17 Health Super Pty Ltd 6,230,000 0.79%

18 Mr Robert Henry Richard Adamson 5,320,000 0.68%

19 CSFB Third Nominees Pty Ltd 5,000,000 0.64%

20 Ms Natalie Jane Laufmann 4,657,164 0.59%

TOTAL 429,534,756 54.61%

[rambutan2] 18/5/2005 10:11

another that come to mind is im sure the ml gold fund managers gave it a mention recently.
i'll rack my brain for more.

[12vic] 17/5/2005 19:24

Rambutan - I read the link to the fund you posted earlier , do you remember the details of any of the other funds that you've seen holding this ?

[rambutan2] 17/5/2005 13:00

yes, ive seen its name crop up in various quality funds.
managers like the improving resource and of course the fact that its in oz ie no political risk unlike just about everywhere else they finding gold.

[12vic] 17/5/2005 08:20

Hi Tony / Rambutan
.... and if you need further evidence of institutional confidence have a look at todays announcement . J.P Morgan Chase take their holding up to 6.13 % of the company . Considering they also previously purchased 2 million shares at 25 cents a go ( near to the ASX high )what better marker could we ask for as to where they think this is going !

[tonystringy] 16/5/2005 23:33

12vic....

Agree.....looking to hold long term myself.