SPN 4.76% 22.0¢ sparc technologies limited

Dont be fooled by short selling nonsense.....!, page-22

  1. 1,740 Posts.
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    Correct. I even dont see bottom at 80-90c though. Its more like 60c the way the rug has been pulled under the share price.

    What are the chances that a shark like FFI is playing with the stock for a takeover? They have taken over another European company recently (I dont remember the name). Honestly I have always seen the decline of SP in dozens of stocks as the downside of having a big investor on board with deep pockets. They can wear the market down with their dirty tactics. Short term price drop is none of their concern as their investment horizon is not in days, weeks or months but in years. Also there is zero pump on SP since 2nd Feb, its all dump, lower and lower, so no one is in hurry of supporting the SP. Short term it can certainly go to 60c and medium term to even lower, providee no left field announcement comes. I may double my holding at 60c and double it again if it reaches 20c (very likely) and then hold it for a couple of years to see how things pan out. At the moment, its a bottomless stock.
 
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Last
22.0¢
Change
0.010(4.76%)
Mkt cap ! $20.99M
Open High Low Value Volume
21.0¢ 22.0¢ 20.5¢ $11.55K 54.72K

Buyers (Bids)

No. Vol. Price($)
2 12384 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 118445 7
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
SPN (ASX) Chart
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