Australia's largest stock trading and investment forum Australia's #1 stock forum

SS1

Click for more information

0.88%

57.0¢ sun silver limited

Looks like the guy is fresh out of highschool and he's talking...

First 42 Last

Share
Profile

Follow
Cheffers

299 Posts.

155

16/05/24

08:13

Post #: 73848058
Share

Originally posted by SilverTakeover: ↑

My 20 minutes of due diligence on this one;

Buy a discovery for USD4m and give 3.5m shares (from an entity with a MC of circa USD15m - and rates this asset below their top 4 assets as a minimum). IPO the asset in a different jurisdiction that the punters know nothing about the asset (and market through pump channels).

New MC of AUD60m (ie. already worth more than the company they bought it off that thought it was worth little) and everyone convinced it should be worth AUD300m++

Well done to the management team for cashing in nicely (looks like $4m not paid yet so not sure they've even had to put the cash up).

We are degenerates on the ASX...

Expand

Looks like the guy is fresh out of highschool and he's talking to someone he's met on a dating site.
its great this investing lark in Oz lol

SS1 Price at posting: 42.5¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 93 more messages in this thread...

First 42 Last

Add SS1 (ASX) to my watchlist

(20min delay)
Last 57.0¢		Change 0.005(0.88%)		Mkt cap ! $39.71M

Open	High	Low	Value	Volume
57.5¢	58.5¢	56.0¢	$290.0K	505.8K

Buyers (Bids)

No.	Vol.	Price($)
2	87500	55.5¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	24126	2

View Market Depth

No.	Vol.	Price($)
2	87500	0.555
3	16050	0.550
1	1000	0.545
3	36666	0.540
2	10600	0.535

Price($)	Vol.	No.
0.570	24126	2
0.580	24829	4
0.585	18576	4
0.590	39041	3
0.600	216570	9

Last trade - 16.10pm 04/06/2024 (20 minute delay)


Last 57.0¢			Change 0.005 ( 1.79 %)
Open	High		Low	Volume
57.5¢	58.5¢		56.0¢	215637
Last updated 15.24pm 04/06/2024 ?

SS1 (ASX) Chart