SRL 2.34% 31.3¢ sunrise energy metals limited

CLQ: A Multibagger in the Making [2019 Bull Run], page-27

  1. 17,246 Posts.
    lightbulb Created with Sketch. 955
    needs to break the previous lower high of 52c.
    to do this requires some news re financing/approvals IMO as the negative is the capital spend % of cash held ..which will drop the market cap consequently greater as each quarter passes due to the amount of blue sky already in the cap.

    I'm a buyer but not yet, gut feel April will be the Best Buy time...after the next quarterly when another $25m leaves the coffers and mr market will then guess they may need to raise before year's end/run out of cash.

    Only caveat being if it jumps past .52c on fierce volume I'll be in regardless, esp with funding approved etc.

    Still watching.
 
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Last
31.3¢
Change
-0.008(2.34%)
Mkt cap ! $28.19M
Open High Low Value Volume
32.0¢ 32.0¢ 31.0¢ $16.56K 53.02K

Buyers (Bids)

No. Vol. Price($)
2 2523 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 1 1
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Last trade - 15.47pm 08/11/2024 (20 minute delay) ?
SRL (ASX) Chart
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