I saw today as a great buying opportunity to get in under the CR price. I also liked it when I could buy in under RIOs offering at below 48 cents not quite a year ago. I think I picked up my shares at 42 cents and at the time and couldn’t believe Mr market would let me buy in better than the deal RIO got. Other than needing to raise money on the strength of a quickly raising share price, has the company missed a step? In my mind if you can raise money in an ok deal it’s far better to lock that in early rather than negotiate at the final stages when you need the money fast and are at a disadvantage. Do we really think the share price won’t be back to all time highs again soon?
SVM Price at posting:
83.0¢ Sentiment: Buy 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)