SP3 0.00% 2.1¢ spectur limited

34 cents share price target ($36M MC) by July 2021, page-18

  1. 1,433 Posts.
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    The answer to your question is in the nature of your post and sentiment of "Sell" and "Held".

    The SP3 registry prior to that session was home to stale, negative sentiment holders, and if i'm being honest, rightly so. The share price performance since IPO has been incredibly dismal and worthy for registry distaste - regardless of improved fundamentals.

    Upon major liquidity arising that session, at the highest prices since March, many with similar sentiment as you took the opportunity to leave.

    While simultaneously many who have fresh eyes for what value SP3 holds piled in en masse, as I believe they could see the forest from the trees and didnt have historical sentiment or P&L being involved in the decision making process. A large percentage of the registry has now turned over and now today the registry is incredibly different.

    Now that we have a newly refreshed registry, at a new price floor, upon further FA catalysts we will rerate above that 10c mark. There is no doubt they were genuine buys and sells that day - to speculate that they were not is outlandish imo. A stale registry plus a 40%+ price movement, selling pressure and major registry churn was bound to occur.


    Last edited by fareki: 07/12/20
 
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