July is MOU month, page-30

Mate . I know you must be in a world of pain here too, its not a good feeling coping 75% hit after holding for 4 years especially when you have seen the stock up 100% from your entry.





Just be weary that hotcopper posts dont affect anything, you are not communicating to big sellers or big buyers on here that are going to take notice of a post and make a decision based on a post. People with that kind of money dont base buys of $50k+ on random internet posts. The selling is market driven, based on SRN managements complete failure, and also knowledge that we are going to be needing funds in an environment where getting capital is getting increasingly more difficult and we are trading at multi year lows with the last capital raise not even fully subscribed to.

Here is the updated trading history for SRN:



Average volume is 4.8 million shares a day, around $50k worth, if you think hotcopper posts are going to get some people to sell 50k worth, in order to what , so the hotcopper poster might get hit on the order, thats already trading at multi year lows that they can buy on market anyway? Just nonsensical. The biggest volume we ever got flowing through the stock has been days of dumping stock, this is not due to games or hotcopper (hotcopper posts arent affecting 35.5 million shares of selling as we have seen the last 4 trading days) , its always the anthem of hotcopper holders that whenever the share price is down "its the big boys trying to take your shares" "tree shake" "bots at work" "traders manipulating the stock" and now add "paid downramper" "hotcopper poster trying to get your shares" with absoutely no knowledge of the mechanics behind it, cant just admit that share price is what it is because thats the value the market sees it as in this case its legitimate volume exiting the stock at multi year lows because the management have not achieved anything and are going to be needing funding to pay themselves whilst the share price is at multi year lows.

No one to blame but ourselves, not big boys , its our fault for blindly trusting this management, not looking at macro signals and management being misleading in the lead up to this announcment. Brutal for all of us, but hope we learn.