SDV 1.79% 57.0¢ scidev ltd

chart time with inl, page-6

  1. 3,106 Posts.
    lightbulb Created with Sketch. 314
    to me a few things stand out

    A/ The trend is your friend so just buy when you can and average up
    B/ Zinc is going to keep going up so at a macro level you are okay
    C/ At a company level they have a huge low cost resource that just needs to be sucked up a big straw processed (simply) and then driven down the driveway (80ks is nothing) and put on a small boat to china
    D/ the technology and extra bits and bobs is nice and if it delivers half the potential then thats great as well.

    So whether you are a short termer ( 3 months or less) or a longtermer (6 months out) in my mind it doesn't matter as both have clear angles.

    If you are a short termer just wait for the next two news reports

    1/ The boat is loaded and motoring off, by the way its got 5,000 tonnes on board and we think we should get about x million for it.
    2/ hey guess what a cheque has just turned up for x million (90% payment) and the bank has cleared it...

    For the longtermers you have the increase in capacity to 2mil ton p.a, the falling stockpiles of zinc, the technology, the pilot plant etc etc etc I could just keep going on.

    So let the big boys play the games, understand that its 1 day forward two days back, and just buy on the two days back. If you need to sell on the 1 day forward - but do so at your own peril cause I don't know what i am talking about cause the day forward may in future be far greater than the two days back (otherwise it would be a zero sum game which INL is not)
 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
(20min delay)
Last
57.0¢
Change
0.010(1.79%)
Mkt cap ! $108.1M
Open High Low Value Volume
56.0¢ 57.0¢ 55.8¢ $125.8K 223.5K

Buyers (Bids)

No. Vol. Price($)
1 17 56.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 41680 1
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
SDV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.