SMC strategic minerals corporation nl
Add to My Watchlist 0.00% ! 49.0¢

Beware

  1. Ridge
    6,975 Posts.
    clock Created with Sketch.
    12/06/02
    10:03
    Post #: 23038
    G'day folks,

    When I see the kind of bid on SMC this morning - 1m wanted at 14c - I immediately think distribution is at hand. This kind of bid is aimed at creating a huge interest so that a few million shares can be distributed - remember SMC has 200m or so. The share price goes up two or three cents but is met with a high volume of selling.

    If you are in it could be the time to sell into the turnover created. Just my humble opinion of course and not necessarily so.


    SMC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Update on exploration at Fosterville and Glenlogan
right-arrow Created with Sketch.
NEWS Watch Exclusive Interviews with ASX Leaders
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS Unemployment expectations correctly called today's 4.3% rate
right-arrow Created with Sketch.
NEWS Kameelburg Niobium and REE mineralisation extends to 1,350 Meters
right-arrow Created with Sketch.
NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.