
Coal at Australia's Newcastle port, a benchmark for Asia, rose to a record US$162.66 a ton, up US$2.43 in the week ended 20/6.
Magnus' core focus is petroleum, coal production, and low-risk exploration and field development. Magnus is positioning itself to be a leading regional producer of oil, gas and coal.
Coal at Australia's Newcastle port, a benchmark for Asia, rose to a record US$160.23 a ton, up US$1.70 in the week ended 13/6.
Sounds good but prices still falls.
In '04, Magnus acquired the Mid-Continent Equipment Group Pte Ltd ("MEG"), one of the largest stockist and equipment suppliers to the oil drilling market in the region. Building on the success of its MEG acquisition, Magnus has made forays into the upstream oil & gas sector, through a farmout agreement for gas excavation in Southern Australia and also the acquisition of 3 producing oilfields in the Jilin Province, China.
14:33:32 | 0.070 | 500,000 | Buy Up |
14:32:52 | 0.070 | 530,000 | Buy Up |
14:32:37 | 0.070 | 500,000 | Buy Up |
14:31:18 | 0.070 | 50,000 | Buy Up |
14:30:15 | 0.070 | 20,000 | Buy Up |
14:29:26 | 0.070 | 100,000 | Buy Up |
14:29:16 | 0.070 | 50,000 | Buy Up |
14:28:28 | 0.070 | 50,000 | Buy Up |
14:27:56 | 0.070 | 100,000 | Buy Up |
14:27:48 | 0.070 | 80,000 | Buy Up |
14:27:46 | 0.070 | 100,000 | Buy Up |
14:27:30 | 0.070 | 500,000 | Buy Up |
14:27:26 | 0.070 | 20,000 | Buy Up |
14:26:43 | 0.070 | 20,000 | Buy Up |
14:26:25 | 0.070 | 50,000 | Buy Up |
14:25:39 | 0.070 | 200,000 | Buy Up |
14:25:23 | 0.070 | 100,000 | Buy Up |
14:25:23 | 0.070 | 1,000,000 | Buy Up |
14:25:17 | 0.070 | 200,000 | Buy Up |
14:25:09 | 0.070 | 300,000 | Buy Up |
14:24:39 | 0.070 | 500,000 | Buy Up |
14:24:33 | 0.070 | 500,000 | Buy Up |
14:24:15 | 0.070 | 1,000,000 | Buy Up |
14:23:56 | 0.070 | 2,273,000 | Sell Down |
14:22:39 | 0.070 | 2,399,000 | Buy Up |
14:22:36 | 0.070 | 500,000 | Buy Up |
14:22:34 | 0.070 | 100,000 | Buy Up |
14:22:30 | 0.070 | 50,000 | Buy Up |
14:22:28 | 0.070 | 5,000,000 | Buy Up |
14:22:22 | 0.070 | 5,000,000 | Buy Up |
14:22:01 | 0.070 | 20,000 | Buy Up |
14:21:41 | 0.070 | 300,000 | Buy Up |
14:21:34 | 0.070 | 200,000 | Buy Up |
14:20:29 | 0.070 | 6,238,000 | Sell Down |
Morning transactions will omitted since small volume in the morning. |
Anyone knows why the sudden big volumes?
How about adding some chilli sauce?
Magus' RSI is oversold and hooking upwards. My source said that this signals a reversal.
Read preceding indication...
It is strange such big volumns yesterday but today so little movements.
So what does it imply?
zhuge_liang ( Date: 06-Jun-2008 12:20) Posted:
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Yesterday's sell vol was 11m at $0.08. But I saw 2m shares withdrawn. So some of the queues are fake.
I was staring at this one yesterday. Each selldown was gobbled up by more buy ups. Think bottom out already. Not surprising for todays buy up.
My sauce said KIV and do not contra. Invest with care.
Today, penultimate trade was a big buy up and Magnus closed at $0.08. This is unlike previous days where it was sold down to $0.075 at the close.
The bear confronting the bull now. See who will win?
I tend to agree with you on this.
zhuge_liang ( Date: 05-Jun-2008 12:29) Posted:
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Since rising to $0.095 on high volume, Magnus has corrected on lower volumes. This signals accumulation.
This one is lagging, need time to move up lah.
Volume is coming back again.
BB is collecting this counter today.