SIR 0.00% $2.52 sirius resources nl

a $631 million test for the loyal faithful ..

  1. 24,765 Posts.
    Following today's ASX announcement, with SIR's market cap being smashed approximately 20% down to the current $631 million, we have a real test for the "loyal faithful" SIR holders.

    A key question is:

    How many are going to remain "loyal faithful" SIR holders and are determined to ride this out?

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    Is this going to be a smooth ride? Or a very bumpy ride from here?

    Is this just a short term shakeout?

    Is the ultimate destination going to be much higher from here? Or could it be much, much lower?

    These are just some of the questions the "loyal faithful" SIR investors are now asking themselves.

    How many are going to no longer be "loyal faithful" SIR holders, but feeling jittery, take their money and run?

    How many, as "loyal faithful" SIR holders, whenever they see a significant sharp drop in price, view it as a buying opportunity and so go in boots and all, loading up with as many more SIR as they can afford?

    After all, this strategy has been successful up to this point in time.

    With a $631 million market cap, today's sharp move down is a test for the "loyal faithful" SIR holders.

    How many are going to make the right decision?
 
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Currently unlisted public company.

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