I think you guys dreaming of 10C are seriously dreamers.
After dilution these shares are already nearly at the levels seen during the pump and dump days when some tungsten actually left the mine.
It will take a lot of actual production and revenue and real reporting by management before this moves much from where it is.
The stock is tightly held (as it mostly always has been) so movement on small volumes is not going to be much.
There are enough holders sitting on good profits that 7-10c could see substantial attempts at profit taking, driving the price down again.
I have seen dreadful management causing this company to ride the rollercoaster over many years - I have stated before that hopefully this bunch are the real deal who actually care about shareholders and the long term future of the company.
So, here's hoping you 10%ers are right. At what price will you sell?????
SEI Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
