Trivia and other useless but interesting items

Hi,
We met a heap of backpackers in a clapped out Dunger at William Creek. They were having clearance issues being overloaded though.
Cheers

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Originally Posted by RANDLOVER

William Creek Australia's smallest town (population 10) is on the land of Anna Creek Australia's largest cattle station. William Creek - a small town on Anna Creek station (ritas-outback-guide.com)

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Cook in SA has a population of 4.

What is a “dunger” .?

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Originally Posted by p38arover

Cook in SA has a population of 4.

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Cook isn't a town, merely a settlement at a rail passing loop.

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Originally Posted by Hogarthde

What is a “dunger” .?

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What I drove for many years. [bigsad]

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Originally Posted by NavyDiver

Loving this yet expect a lot o pain for some/Most of these dumb money "investors" [biggrin][biggrin][biggrin]
‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game


GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.

GameStop stock has surged thanks to enthusiastic WallStreetBets Reddit users. Here'''s what you need to know - ABC News

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At one level it got political at another a WA company got caught up in the hype. "A small mining company from Australia saw its shares increase by 50% overnight. GME Resources (GME.AX), which trades on the Australian Securities Exchange (ASX), saw its share price increase from AU$0.075 to AU$0.10 on 28 January. Why? Because it’s ASX code (GME) matches that of GameStop. In other words, all ripples lead back to GameStop and, in turn, Reddit."

The CEO of GME comment he had a bit of a shock as he had no idea why his company share price had gone off like a rocket[biggrin]


Headlines like "In this case, that’s the self-proclaimed ‘degenerate’ investors from Reddit who appear to have a vendetta against Wall Street short-sellers." make me smile. PS Share price has dropped 66% meaning every a significant proportion of the "self-proclaimed ‘degenerate’ investors" lost a LOT of money already[bigwhistle]

This whole thing made me laugh. A lot of people who invested were doing it to stick it right back to Wall Street. Individuals didn’t invest much each, but the sheer numbers of people who did meant it had quite an effect. Heaven help it if the little guy should outplay them. Guaranteed the rules will change quick smart to stop this happening again. Wealth transfer is only supposed to work one way isn’t it?

JobKeeper payments for prisoners, the dead and other fraud cases probed by ATO

https://www.youtube.com/watch?v=Jdf5EXo6I68

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Originally Posted by p38arover

Cook in SA has a population of 4.

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I believe SA Gov is rushing Transportables there to keep up with the overcrowding due to this Covid thing.



I suggested to them that they might use the outside dunny but they say said they can't, the Drover's dog sleeps there.
[bigrolf]

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Originally Posted by cripesamighty

This whole thing made me laugh. A lot of people who invested were doing it to stick it right back to Wall Street. Individuals didn’t invest much each, but the sheer numbers of people who did meant it had quite an effect. Heaven help it if the little guy should outplay them. Guaranteed the rules will change quick smart to stop this happening again. Wealth transfer is only supposed to work one way isn’t it?

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The hedge funds are not silly enough to use their own money, so the real losers are pro'ly pension funds, managed funds, etc.

If you are a small player, you are screwed either way as the game is heavily manipulated. Going to be interesting to see how the whole thing shakes out though.