Australia's largest stock trading and investment forum Australia's #1 stock forum

STA

Click for more information

0.00%

9.5¢ strandline resources limited

Where were these people when STA was 40 cents. All popping up...

First 54 Last

Share
Profile

Follow
Shaun666

1,458 Posts.

22

18/08/23

20:52

Post #: 69427517
Share

Originally posted by RandallGraves: ↑

"It is not hard to assume some of H C commentators give the impression they know more than the Company."

That's because some of them do. I'm sure the company knows a lot more than what it releases to the market, but if you choose to hide behind "producer status" and bury information in the footnotes the market will respond to the info that is available. They've backed themselves into a bit of a corner where unless they have something new to announce (like a premium zircon/rutile shipment) they are relying on a positive Q3 report which won't be out until October to drum up support. No one seems to be biting at the broking reports talking it up after the Q2 report and cap raise.

The CEO said the company was undervalued when it was a $450m market cap, then said it was undervalued when it was a $250m market cap. Meanwhile he was doing a cap raise in the background and has diluted the SP down to 17c. Maybe the new CEO will focus on improving the company instead of telling the market how it should be valued.

Expand

Where were these people when STA was 40 cents. All popping up now at 17 cents saying what a great buy ? No back ground investigations done or just trying to rip off potential investors.

STA Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

The Rising Tide: How institutional adoption is shaping the future of crypto

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

There are more pages in this discussion • 1 more message in this thread...

First 54 Last

Add STA (ASX) to my watchlist

SPONSORED BY