SRN 16.7% 0.7¢ surefire resources nl

Ann: Drilling to Commence, page-20

  1. 13,940 Posts.
    lightbulb Created with Sketch. 3162
    This is purely speculation and not financial advice by any means, But here's an example of where i got impatient and sold.

    Thinking a company was going to rocket on the news.

    -HC Chart showing the 1.8c Price (You can see my comments in there)
    -It was stagnant in that price for days you can see no movement
    -I got impatient & sold
    -They did a CR at a massive discount (Meanwhile SRN has done it at Premium)

    Notice i was commenting around 1.8c, I was honestly getting sick of waiting and sold and i go back and look at it today... 6.6cents...
    tar gains.jpg

    Not saying this will happen, with these plays takes alittle extra patience...

    You have to remember those in the Capital Raise, Have more incentive to push it up (Because they literally just poured how much money into the CR) than to sell it down at a loss.

    If they want to sell, they need it to be at much higher prices to slowly be able to sell it down.


    That's just my opinion only and my interpretation of how i've seen stocks move.
    -Anything can happen so this isn't financial advice by any means, purely speculation-
 
watchlist Created with Sketch. Add SRN (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $13.90M
Open High Low Value Volume
0.6¢ 0.7¢ 0.6¢ $8.115K 1.319M

Buyers (Bids)

No. Vol. Price($)
28 15681814 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 3939237 5
View Market Depth
Last trade - 10.31am 18/07/2024 (20 minute delay) ?
SRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.