ASQ 6.90% 3.1¢ australian silica quartz group ltd

trading, page-12

  1. 225 Posts.
    You guys have got a few things wrong unfortuntately.

    Firstly I DO have a large core holding so I wont miss out on any upswings.. I will also trade them along the way to maximise profits - I have found from experience that this is the best way to maximise profits.

    I think its prudent to take a few off the table when sitting on such large profits - and everyone has the capacity to make a phone call or click a mouse, especially when there's money involved.

    (I dont buy the whole "I'm too busy to look at this stock etc etc" The fact that you are posting here is evidence of this.)

    Also, look at my sentiment, I do have a long term view. I have held since very early on and will continue to hold - I have no qualms with the way management have run things - SO FAR, but a few things will have to change for them to take the next step.

    One of these is to build relationships with mainstream media - at the moment this is non-existant from what I can see. Regardless of what you guys think or how good a Company's project or management is, it is perception that drives the share price and getting broad coverage in the media is a key component.

    They have flown under the radar and it has served them well but now is the time to promote - and I'm not talking about warm and fuzzy shareholder newsletters which are fine (I enjoy reading them) but they are aimed at a retail market who essentially have no impact on the share price.

    They really need to get out there and roadshow and do the conference circuit etc etc.. It's no doubt hard work and at times tedious but from my experience companies that have sustained large share price appreciations have been those that are constantly getting their name out there.

    At the moment, If you asked a senior business writer or large insto/broker who BRL was and what they did (or if they knew management) I guarantee that most wouldn't really know that much.

    Anyway, as I type this the SP is 95c - My heart hopes it keeps going but my head says it needs a proper breather.

    Good luck to all... this is a promising Company but at the moment they are living on potential only - this has to be remembered.

    Good luck to all of us.





 
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Last
3.1¢
Change
0.002(6.90%)
Mkt cap ! $8.738M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $2.78K 91K

Buyers (Bids)

No. Vol. Price($)
1 159 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 11024 1
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Last trade - 13.16pm 27/06/2024 (20 minute delay) ?
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