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0.7¢ superior resources limited

If results came out December and the market doesn't see the...

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egg_tro

1,081 Posts.

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11/12/22

20:12

Post #: 65265476
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Originally posted by Corker: ↑

I've been the stock market for about 15 years now and almost as long on HC.
I've never seen a director being able to decide when and if we are to receive material results from drilling. Considering they will be classified as price sensitive.
I've seen many companies package results at the bottom of the quarterly on many occasions when the results are dismal ie just a few ppm. But this is a completely different story.
On the flip side our MD Peter is a lawyer and had spend many years in this position. So I'm going to trust he knows what he's doing. I guess having an independent expert review the results and write up a complex geological understanding of Bottle tree when the time comes, allows Peter to skirt around the edges of Continuous disclosure.
I'd prefer to see results after Christmas to be honest, we won't have the impact on the SP initially around this time. Typically May and December being the worst trading months.
Future looks very bright for this company albeit very slowly, long term holders should have nothing to worry about, I'm patient.

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If results came out December and the market doesn't see the value of whats reported , NO SWEAT.
Accumalste even more .
win / win
Market would eventually catch up.

Last edited by egg_tro: 11/12/22

SPQ Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $15.18M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$33.08K	4.726M

Buyers (Bids)

No.	Vol.	Price($)
2	699999	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	10274386	11

View Market Depth

No.	Vol.	Price($)
2	699999	0.007
12	5672341	0.006
12	6023158	0.005
5	1389475	0.004
1	600000	0.003

Price($)	Vol.	No.
0.008	10274386	11
0.009	3556549	5
0.010	1500000	2
0.011	250000	1
0.012	2071428	1

Last trade - 16.10pm 19/11/2024 (20 minute delay)

SPQ (ASX) Chart