SIR 0.00% $2.52 sirius resources nl

News: Matsa Resources now holds $14M in cash and liquid equities, page-6

  1. 4,739 Posts.
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    To tell you the truth BnP, I sold my SIR shares just a tad shy of $4 the day of the takeover announcement, so I haven't kept up with the how's and when's of the takeover other than the obvious.

    I kinda felt it fully priced SIR at that time and had a feeling the insto's would play games. In all honesty, I actually really liked IGO so waited and bought them at $4 and another swag at $3 recently. They owe me about $3.40.

    I've ended up with an equivalent number of IGO shares, plus some $ leftover, so I feel I did the right thing for me.

    Am hoping now we will be trading around $4.50 or so in the next 6 - 12 months, and above $6 once Nova is in full production (plus dividends).

    That's the plan anyway. But in this market, who knows.

    Milesy
    Last edited by milesy: 18/09/15
 
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