Yes it’s disappointing the value lost here is significant, lots of shareholders have been burnt including significant T20 holders.
The reality is at the moment management only hold approx. 30% of SOI, a large drop from 55% 2 years ago. No new shares purchased from mgmt in the last 2 years and many more capital raises to come to continue drilling at SE (forgetting about Cu tenements).
Sentiment is really low at the moment - current sell/buy scenario sellers 4x the amount of buyers. Even with pending SE assays announcements around the corner.
I think it’s going to take a lot to turn this ship around a good start would be to see some buying from mgmt with a bit more skin in the game.
SPQ Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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.
(20min delay)