Yeah, she is all over the place recently. I must admit, holding is a pretty easy decision for someone like myself who bought in around the very low 2c mark. Must be a much harder decision for people who have been holding for a while, as Greenguage mentions. The way I see it if they hit anything remotely decent in the drilling it is an easy 5 bagger, if not, then probably will loose about 50% of my investment. I think that 1M buy was someone preping themselves to take advantage of the drilling. An easy 100% if SMC manages to get to 4c, which it could do, just on the anticipation. Gonna watch the sells very carefully if SP starts to climb.
SMC Price at posting:
2.0¢ Sentiment: None Disclosure: Held