If you look at the share price, it has more than doubled in a very short time where as the au price and AUD upside is a much lower percentage in the same time scale.
Lots of holders/traders taking profit today.
The pattern seems to be upside with profiteering ... as you would expect. IMO 5% today was a good outcome. If we see some weakness in au price, there may even be a retrace to .88c.
As I posted recently, just hang in there and wait for the increase in production and as SAR becomes a mid tier producer, it will have a mid tier price. AIMO of course.
cheers
Mulac1
SAR Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held
