SVY 0.00% 2.9¢ stavely minerals limited

Ann: Trading Halt, page-27

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  1. 4,197 Posts.
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    Subsonic I remember reading a post on SIR that has stuck with me over the years.

    Basically the poster had held SIR prior to their discovery, had 300K shares and sold them all out at $1.20. In doing so the poster cited that they couldn't handle the stress of holding the shares and took the money and ran, which would have been a great profit however it is a bitter pill to swallow to see it run to over $5 not long after.

    The moral of the story is if it is a significant discovery then give it time to realise full value and stagger your sells to try and maximise returns.

    No one knows what SVY's SP will do over the coming months but it does seem as though they are onto a significant discovery so it is prudent to see how it plays out, reassess as we get more results and try and make good decisions on when to sell.

    We are only at the benign of the discovery phase for this area of TG.
 
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Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $13.96M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $342 11.46K

Buyers (Bids)

No. Vol. Price($)
1 64846 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 307088 1
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Last trade - 15.59pm 08/11/2024 (20 minute delay) ?
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