Look what last announcement brought in. 100+ posts and some new faces.
Been a few thoughtful posts on geology and so forth, amongst some garbage being thrown around.
The current shareprice just reflects current market sentiment and increased optimism that SVY are drilling closer to a potential large deposit.
A few alarm bells that maybe too much optimism creeping in on SVY at the moment.
* When people start comparing SVY with EV-industry hyped companies like AGY, AUZ, AVZ; or people think rising HC daily post number or view numbers is a good thing. Ever thought quality posts may be better than quantity? SVY’s near term future is determined by the drill bit/ geology, nothing more.
* Some posters only been in here and in SVY about a week, lecturing other posters, bringing grievances from other threads in here. Thanks for that...
* Those few claiming to hold a crystal ball trying to guess what SP will be tomorrow or the day after, or guess what will happen with SPP allocations are just making market noise. Where were those SVY crystal ball’s a few months ago?
On the SPP, quite frankly Chris has been generous to offer a SPP and give people a chance to get up to A$15k shares at 34 cents. Chris could have just left cap raise exclusively to sophs/insto’s.
Everyone had months to do their initial research on SVY and get in sub 20 cents.
The initial M-Veins announcement was 12 January, so people had about another 5 days to buy sub 34 cents.
If you’re a true believer, on current information, the current market rate is 45.5 cents.
If you are in, GL to you. If you are on sidelines waiting for more geological confirmation, GL to you. Everyone has different tolerance to risk and SVY current drill campaign still carries risk. There could easily be more geological complexity to come throwing a spanner in the works.
All the other known knowns at this stage are in the previous SVY asx announcements and Chris’s recent Trading Pursuits discussions.
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2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $12.03M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $8.888K | 350.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20860 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 1030000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20860 | 0.025 |
1 | 25000 | 0.024 |
2 | 136716 | 0.023 |
7 | 559908 | 0.022 |
3 | 633119 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 1030000 | 2 |
0.028 | 119331 | 2 |
0.029 | 33482 | 1 |
0.031 | 272377 | 2 |
0.033 | 100000 | 1 |
Last trade - 13.42pm 06/09/2024 (20 minute delay) ? |
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