SRX 0.00% 17.5¢ sierra rutile holdings limited

huge disconnect between price and value, page-6

  1. 126 Posts.
    lightbulb Created with Sketch. 4
    Anchoring price expectations to these low $3 figures will be one of the biggest traps people will face with this stock. Takeover or not, this stock will command higher prices and probably with very little volume between price ranges.

    Two things will happen – current holders "without" an understanding of the value will sell, still anchored to the last price range they will jump at a windfall. Potential holders "without" an understanding of the value will baulk at the new price range still anchored to the opportunity they missed.

    This is one of those companies that those who understand the value of, will embrace and hold tightly at nearly any offer price. Those who don’t understand the value will have a story to tell about how the could have should have.

    Volumes that have been traded over the last 6 odd weeks don’t set the price for large parcels, however large parcels will set the new price range.

    Are those who are waiting for a move in the right direction prepared to still act if the movement is a large gap? Or will it be the start of the, should have could have trap.

    A bird in the hand is worth two in the bush. But you need to invert because SRX rather than cash is the scarce commodity.
 
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Last
17.5¢
Change
0.000(0.00%)
Mkt cap ! $74.27M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 10869 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 4500 1
View Market Depth
Last trade - 09.32am 15/08/2024 (20 minute delay) ?
SRX (ASX) Chart
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