SI6 0.00% 0.2¢ si6 metals limited

Ann: Notification regarding unquoted securities - SI6, page-16

  1. 11,279 Posts.
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    Just the current state of the market. Especially for small caps. Name one that is killing it lately? Its not like it used to be 3-5 years ago when everyone was piling in, both institutions and retail with spare cash and forcing a continuous uptrend in any juniors hitting good intersections or making discoveries. Now the liquidity isn't there and instead of spare cash, people are selling up just to make ends meet for every day expenses. There aren't too many long-term holders left happy to park their money in a junior for years at a time now. The market is fickle and want a quick return and get out imo. Hopefully we may see a bit of confidence and spare liquidity come our way in 2024, higher commodity prices would also help because right now its not pretty reading unless its gold, even that has been sold down the past week.
    You can't fault management imo. They are kicking goals and getting it done! If this was 5 years ago we would probably be a 10c stock. Just have to be patient, throw in the bottom drawer, await further updates and hopefully the market will eventually shift our way.
    Last edited by coto: 13/12/23
 
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