SRX 1.43% 17.8¢ sierra rutile holdings limited

Ann: Becoming a substantial holder, page-14

  1. 1,178 Posts.
    lightbulb Created with Sketch. 244
    Agree

    The market is very pessimistic about the last 2 announcements and with a company like Montgomery scaring off a lot of mum and dads in particular with their sellout.

    The shorters have not started the next round as of yesterday, it will be interesting to keep a close eye on the daily reads as this will give a possible clue where the price is likely to go and the opportunity it may present.

    Normally I think it would be difficult to have a positive long term view on where the sp may go, I think it may drift lower until there is a very positive announcement or we have the full year results in August where they say we met guidance and all the doubters can take a running jump.

    The excellent posts from a number of the very informed posters on this thread, who are able to work through any number of scientific posts and convert them into a form of plain English is just brilliant.

    It is these posts that give one a sense of confidence in the long term, all going well with the data, that SRX has a lot to give back to its holders.

    IMO

    Rayda, nearly changed the sentiment to BUY, maybe later this week.
 
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