I have few 100,000 shares and am still holding. However, all those people saying that the 33% drop in shareprice was an overreaction, considering the first hole was free carried, are looking at it from the wrong angle.
Sure, the first hole cost SUR nothing, but we sharesholders pay a premium for the potential upside, which has now been considerably reduced hence the stong shareprice loss.
What has SUR left if the second hole if a duster, 6m in the bank and somesort of project in Europe that we don't know much about and not much else, meaning the company is realisticly valued at about 10m, or about 2.5cps.
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Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $95 | 18.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 810819 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 125000 | 2 |
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No. | Vol. | Price($) |
---|---|---|
4 | 810819 | 0.005 |
8 | 4030064 | 0.004 |
2 | 670009 | 0.003 |
7 | 3050000 | 0.002 |
6 | 5300101 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 125000 | 2 |
0.007 | 2207026 | 3 |
0.008 | 3710000 | 4 |
0.010 | 607137 | 3 |
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